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BALTIMORE, Aug. 10, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $927 billion as of July 31, 2017.  Client transfers from mutual funds to other portfolios were $3.8 billion for the month ended July 31, 2017.

The firm's assets under management as of July 31, 2017, and for prior quarter- and year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:

^{(a) Preliminary - subject to adjustment}

Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

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SOURCE T. Rowe Price Group, Inc.