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  <xs:element id="trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivable" abstract="false" name="VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivable" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_OHAAcquisitionMember" abstract="true" name="OHAAcquisitionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_RevenueAndServicesTable" abstract="true" name="RevenueAndServicesTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="trow_InvestmentsInAffiliatedPrivateInvestmentFundsSeedCoInvestmentMember" abstract="true" name="InvestmentsInAffiliatedPrivateInvestmentFundsSeedCoInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber" abstract="false" name="SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationExtendedEarnoutPaymentPeriod" abstract="false" name="BusinessCombinationContingentConsiderationExtendedEarnoutPaymentPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue" abstract="false" name="SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="trow_CoInvestmentEntitiesMember" abstract="true" name="CoInvestmentEntitiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_CompensationAndRelatedCostsMember" abstract="true" name="CompensationAndRelatedCostsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_RedeemableNoncontrollingInterestMember" abstract="true" name="RedeemableNoncontrollingInterestMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_InvestmentsInAffiliatedPrivateInvestmentFundsCarriedInterestMember" abstract="true" name="InvestmentsInAffiliatedPrivateInvestmentFundsCarriedInterestMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_OtherClientsMember" abstract="true" name="OtherClientsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" abstract="false" name="InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_AlternativesInvestmentMember" abstract="true" name="AlternativesInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
