<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_FEE301A27ABF8D54649871FC9E8E07A5_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_FEE301A27ABF8D54649871FC9E8E07A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_FEE301A27ABF8D54649871FC9E8E07A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_FEE301A27ABF8D54649871FC9E8E07A5" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_FEE301A27ABF8D54649871FC9E8E07A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rollforward of stock options</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Stock Options, Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_94605990AEA595EF778871FC9E8E11B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rollforward of nonvested restricted shares and restricted stock units</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F" xlink:to="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_75093FDB1EDB573785C971FC9E8F719F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D" xlink:to="lab_us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock_29E4180EB8BB4153C72A71FC9E8F097D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_173AF13A268030FF6C2171FC9EF99F8C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_173AF13A268030FF6C2171FC9EF99F8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_173AF13A268030FF6C2171FC9EF99F8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_173AF13A268030FF6C2171FC9EF99F8C" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_173AF13A268030FF6C2171FC9EF99F8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesAbstract_985586DEFF5E20C7422571FC9EF911CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Property, Plant and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_DEA2DC938DD8244DA07A71FC9EFAD145" xlink:type="arc" />
    <link:label id="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF_negatedTerseLabel_en-US" xlink:label="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized holding gains recognized in income</link:label>
    <link:label id="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF_label_en-US" xlink:label="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net Unrealized Holding Gains Recognized in Income</link:label>
    <link:label id="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF_documentation_en-US" xlink:label="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net Unrealized Holding Gains Recognized in Income</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome" xlink:label="loc_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:to="lab_trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome_FED92DB20A0D9CB1BCFA71FC9EFAC9CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized holding gains on investments held as available-for-sale</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Other Comprehensive Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_123D86CCA09D0F7F83DF71FC9EFAED50" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesOther_F25BE26860BEB38F183D71FC9EFA2D10" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilities_F10B398F7090843CCC5A71FC9EFA25A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="loc_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219" xlink:to="lab_us-gaap_DeferredTaxAssetsGrossAbstract_08C30396729DAD61BBE171FC9EFC1219" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_AA310B121CDBC4EB6BBC71FC9EFC21F3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairments</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Impairment Losses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses_F47AF72550A44D64D27971FC9EFC3418" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued compensation</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation_3CCB92B66660A15AB34F71FC9EFC8D13" xlink:type="arc" />
    <link:label id="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F_terseLabel_en-US" xlink:label="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental savings plan</link:label>
    <link:label id="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F_label_en-US" xlink:label="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Deferred Compensation</link:label>
    <link:label id="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F_documentation_en-US" xlink:label="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Deferred Compensation</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation" xlink:label="loc_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:to="lab_trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation_EBC726085900626CA38971FC9EFDB05F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Other Comprehensive Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="loc_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC" xlink:to="lab_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_0371AF13224333ECF73B71FC9EFD9EFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE" xlink:to="lab_us-gaap_DeferredTaxAssetsOther_F49B2FC8777B3B8391A671FC9EFDCCEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8" xlink:to="lab_us-gaap_DeferredTaxAssetsGross_D2D0B20385BB0FAD3B5871FC9EFD50B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax asset</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="loc_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07" xlink:to="lab_us-gaap_DeferredIncomeTaxAssetsNet_D95DFA2646869FBDA0E471FC9EFF4D07" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F41841777642CAA6D8E071FC9FD879CD_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F41841777642CAA6D8E071FC9FD879CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAbstract_F41841777642CAA6D8E071FC9FD879CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAbstract_F41841777642CAA6D8E071FC9FD879CD" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F41841777642CAA6D8E071FC9FD879CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PROPERTY AND EQUIPMENT</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_DB9E4E884B68DA2035DD71FC9FD87F42" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Property and Equipment</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Property and Equipment</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment_DD3052AB7F89A46A864C71FC9F302768" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Stock-Based Compensation</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Stock-Based Compensation</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation_3D3CB684710FC2045DBF71FC9F31C39E" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued compensation</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Accrued and Deferred Compensation</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Accrued and Deferred Compensation</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedandDeferredCompensation_A19EFDD1B9ADA6211AB071FC9F32DC72" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental savings plan liability</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Compensation and Benefits, Deferred Compensation</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Compensation and Benefits, Deferred Compensation</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation_A3DE7AD0B295B5767C9A71FC9F323F0D" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other-than-temporary impairments of available-for-sale investments</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Other-Than-Temporary Impairments of Available-for-Sale Investments</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Other-Than-Temporary Impairments of Available-for-Sale Investments</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOtherThanTemporaryImpairmentsofAvailableforSaleInvestments_08F6A2F6360B7B58A7B071FC9F32EDE4" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized holding gains recognized in non-operating income</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Unrealized Holding Gains Recognized in Income</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Unrealized Holding Gains Recognized in Income</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome_111EE7F80160A319F59C71FC9F32D145" xlink:type="arc" />
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF_terseLabel_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF_label_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Other</link:label>
    <link:label id="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF_documentation_en-US" xlink:label="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Related to Other</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther" xlink:label="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:to="lab_trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther_800B82D2BF9524E3FD5F71FC9F327ECF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred income taxes (tax benefits)</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_123ECF391CE3AA3DD97C71FC9F32FECA" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B_label_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios [Abstract]</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B_documentation_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios [Abstract]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract" xlink:label="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B" xlink:to="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract_6FBCB16CD456072BDB2A71FCA015944B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Cash Flow Statement [Table]</link:label>
    <link:label id="lab_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E_label_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Cash Flow Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="loc_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E" xlink:to="lab_us-gaap_CondensedCashFlowStatementTable_FFB20320C0A4CBA8491871FCA016D53E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Entities [Axis]</link:label>
    <link:label id="lab_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB_label_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Entities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidatedEntitiesAxis" xlink:label="loc_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB" xlink:to="lab_us-gaap_ConsolidatedEntitiesAxis_7BD8BD055D5E3D788F2B71FCA016FCFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Entities [Domain]</link:label>
    <link:label id="lab_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B_label_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Entities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidatedEntitiesDomain" xlink:label="loc_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B" xlink:to="lab_us-gaap_ConsolidatedEntitiesDomain_16E284D4059A807EB97471FCA0164C0B" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated T. Rowe Price investment products [Member]</link:label>
    <link:label id="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899_label_en-US" xlink:label="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Investment Portfolios [Member]</link:label>
    <link:label id="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899_documentation_en-US" xlink:label="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Investment Portfolios [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedInvestmentPortfoliosMember" xlink:label="loc_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:to="lab_trow_ConsolidatedInvestmentPortfoliosMember_3D131CEEB02669BE7F0171FCA0165899" xlink:type="arc" />
    <link:label id="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471_terseLabel_en-US" xlink:label="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Voting interest entities [Member]</link:label>
    <link:label id="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471_label_en-US" xlink:label="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Voting Interest Entities [Member]</link:label>
    <link:label id="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471_documentation_en-US" xlink:label="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Voting Interest Entities [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_VotingInterestEntitiesMember" xlink:label="loc_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:to="lab_trow_VotingInterestEntitiesMember_ED32CB65126E1E2A644371FCA018F471" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable interest entities [Member]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Primary Beneficiary [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_EEF1E9AA35E0335E9E9B71FCA018429D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:label id="lab_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="loc_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9" xlink:to="lab_us-gaap_ConsolidationItemsAxis_8B7C2C2CCA19A35402C671FCA01802A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:label id="lab_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="loc_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B" xlink:to="lab_us-gaap_ConsolidationItemsDomain_3235F3299DA7EDDEBB6171FCA019518B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8_terseLabel_en-US" xlink:label="lab_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reportable entities [Member]</link:label>
    <link:label id="lab_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8_label_en-US" xlink:label="lab_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reportable Legal Entities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReportableLegalEntitiesMember" xlink:label="loc_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8" xlink:to="lab_us-gaap_ReportableLegalEntitiesMember_92BD3381656D7936D20E71FCA019FFD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation eliminations [Member]</link:label>
    <link:label id="lab_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880_label_en-US" xlink:label="lab_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Eliminations [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationEliminationsMember" xlink:label="loc_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880" xlink:to="lab_us-gaap_ConsolidationEliminationsMember_1BC1745C765857459DE071FCA0199880" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Cash Flow Statements, Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159_label_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Cash Flow Statements, Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159" xlink:to="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_B74E5E7B4638FD8761E071FCA0193159" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D9044610F9F86B86B5A71FCA019BA13" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5F0291065A1BD654760E71FCA01B4B18" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_6598CA4EE7F2678EE6F571FCA01BCAD5" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940_label_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of Exchange Rate on Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940" xlink:to="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_D6B5B2851A8232BA876E71FCA01B5940" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net change in cash and cash equivalents during period</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_9093CDAA53D5CF2F83C771FCA01C0643" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at beginning of year</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_3902CD4E1AF74C74A0C871FCA01CD894" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7011166F9595D91749BF71FCA01CA2C1_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7011166F9595D91749BF71FCA01CA2C1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at end of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7011166F9595D91749BF71FCA01CA2C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7011166F9595D91749BF71FCA01CA2C1" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7011166F9595D91749BF71FCA01CA2C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit), Continuing Operations [Abstract]</link:label>
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit), Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F" xlink:to="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_984C42EE563C9A50C9DD71FC9F62415F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. federal</link:label>
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C_label_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C" xlink:to="lab_us-gaap_CurrentFederalTaxExpenseBenefit_2BFAF6B2E5D9D146E7CA71FC9F62D09C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and local</link:label>
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879_label_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current State and Local Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879" xlink:to="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_F430361197687466264C71FC9F62B879" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448_label_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Foreign Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448" xlink:to="lab_us-gaap_CurrentForeignTaxExpenseBenefit_7EBB99EFCCB05D61A39C71FC9F638448" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_9CB695C86EF81A9DA7D571FC9F651A61_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_9CB695C86EF81A9DA7D571FC9F651A61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes (tax benefits)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_9CB695C86EF81A9DA7D571FC9F651A61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_9CB695C86EF81A9DA7D571FC9F651A61" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_9CB695C86EF81A9DA7D571FC9F651A61" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_0BC7194A5467DAD2284471FC9F6530AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_F431A7FF50D8F83425F871FC9C519286_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_F431A7FF50D8F83425F871FC9C519286" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_F431A7FF50D8F83425F871FC9C519286" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_F431A7FF50D8F83425F871FC9C519286" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_F431A7FF50D8F83425F871FC9C519286" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUPPLEMENTARY CONSOLIDATING CASH FLOW STATEMENT</link:label>
    <link:label id="lab_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedFinancialStatementsTextBlock" xlink:label="loc_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB" xlink:to="lab_us-gaap_CondensedFinancialStatementsTextBlock_40DA1AFCA3FF0E00FCF771FC9C5120AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_495E1AF6C104DC24D7DC71FCA10D718C_label_en-US" xlink:label="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_495E1AF6C104DC24D7DC71FCA10D718C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Debt and Equity Securities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_495E1AF6C104DC24D7DC71FCA10D718C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_495E1AF6C104DC24D7DC71FCA10D718C" xlink:to="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_495E1AF6C104DC24D7DC71FCA10D718C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C_label_en-US" xlink:label="lab_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract" xlink:label="loc_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C" xlink:to="lab_us-gaap_AvailableForsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsAbstract_0E77A5B581A5F40005DE71FCA10D254C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of holdings with unrealized holding losses less than 12 months (number of securities)</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear_E38F063F3C93A0B5F40471FCA10ED1EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of holdings with unrealized holding losses 12 months or more (number of securities)</link:label>
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D" xlink:to="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear_7AB70D888502FDB8468971FCA10EAE3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total number of holdings with unrealized holding losses (number of securities)</link:label>
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8" xlink:to="lab_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_550684E398333924F7C271FCA10E34A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLossAbstract_217AD1484A5B9BCEC87771FCA10EB359" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Unrealized holding losses of holdings that were in a continuous loss for less than 12 months</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_12FE8AE3825B8802E30A71FCA11091C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Unrealized holding losses of holdings that were in a continuous loss for 12 months or more</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_9FB6864BFDCC0E64CF0A71FCA110C37F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total unrealized holding losses of holdings that were in a continuous loss</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_0EED1AD4BFEA45D69CB571FCA1107FCB" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueAbstract_BECB10E42A6677A2A9CD71FCA111A309" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate fair value of holdings with unrealized holding losses for less than 12 months</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_FA36C9CCFE19191B3B2C71FCA111F736" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate fair value of holdings with unrealized holding losses for 12 months or more</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_7A9841084C0532CD335371FCA1118775" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total aggregate fair value of holdings with unrealized holding losses</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_CABA96461BC9818180DF71FCA111D8F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">STOCK-BASED COMPENSATION</link:label>
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_A6DE0F3F82F3C44FA91071FC9E9E8AB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_C4EA362270340B27FA4171FCA3586FCE_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_C4EA362270340B27FA4171FCA3586FCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_C4EA362270340B27FA4171FCA3586FCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_C4EA362270340B27FA4171FCA3586FCE" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_C4EA362270340B27FA4171FCA3586FCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8_label_en-US" xlink:label="lab_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8" xlink:to="lab_us-gaap_StatementTable_61A8416BEF57B030D69F71FCA359FEA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB" xlink:to="lab_us-gaap_StatementLineItems_192083626389E8353D6871FCA35A83FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9531E22E882EDF54624F71FCA35A05C0_verboseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9531E22E882EDF54624F71FCA35A05C0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9531E22E882EDF54624F71FCA35A05C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9531E22E882EDF54624F71FCA35A05C0" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9531E22E882EDF54624F71FCA35A05C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Balance Sheet Statement [Table]</link:label>
    <link:label id="lab_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B_label_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Balance Sheet Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="loc_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B" xlink:to="lab_us-gaap_CondensedBalanceSheetStatementTable_072B66B237B012CF10E9721A9CDB820B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464_terseLabel_en-US" xlink:label="lab_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464_label_en-US" xlink:label="lab_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="loc_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464" xlink:to="lab_us-gaap_MajorCustomersAxis_3AC8C080E0ACACFAABFB721A9CDB8464" xlink:type="arc" />
    <link:label id="lab_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA_terseLabel_en-US" xlink:label="lab_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:label id="lab_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA_label_en-US" xlink:label="lab_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="loc_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA" xlink:to="lab_us-gaap_NameOfMajorCustomerDomain_C1C327490E983CC5F965721A9CDBEBFA" xlink:type="arc" />
    <link:label id="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89_terseLabel_en-US" xlink:label="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T.Rowe Price U.S. mutual funds [Member]</link:label>
    <link:label id="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89_label_en-US" xlink:label="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sponsored U.S. Mutual Funds and Other Sponsored Investment Portfolios [Member]</link:label>
    <link:label id="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89_documentation_en-US" xlink:label="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sponsored U.S. Mutual Funds and Other Sponsored Investment Portfolios [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember" xlink:label="loc_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:to="lab_trow_SponsoredU.S.MutualFundsandOtherSponsoredInvestmentPortfoliosMember_DCDDA770CC21742AE14A721A9CDB8A89" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Balance Sheet Statements, Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074_label_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Balance Sheet Statements, Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074" xlink:to="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_1DAE0F4B758D79974212721A9CE09074" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_00E85DC17054FD3BD2F9721A9CE0480A_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_00E85DC17054FD3BD2F9721A9CE0480A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_00E85DC17054FD3BD2F9721A9CE0480A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_00E85DC17054FD3BD2F9721A9CE0480A" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_00E85DC17054FD3BD2F9721A9CE0480A" xlink:type="arc" />
    <link:label id="lab_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073_terseLabel_en-US" xlink:label="lab_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073_label_en-US" xlink:label="lab_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073" xlink:to="lab_us-gaap_Investments_9BAA23DC9A20B0EAB66C721A9CE06073" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C_label_en-US" xlink:label="lab_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C" xlink:to="lab_us-gaap_OtherAssets_D7AEB9DF1AE92D8399AA721A9CE14E4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5_label_en-US" xlink:label="lab_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5" xlink:to="lab_us-gaap_Assets_E5613CD75A64A1AD8F0B721A9CE124A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05_verboseLabel_en-US" xlink:label="lab_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05_label_en-US" xlink:label="lab_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05" xlink:to="lab_us-gaap_Liabilities_8CB71524A7907FEFC070721A9CE15A05" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net assets</link:label>
    <link:label id="lab_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42_label_en-US" xlink:label="lab_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42" xlink:to="lab_us-gaap_AssetsNet_27C881CD45EBA7DB0B27721A9CE16D42" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56_verboseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Attributable to redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_4F272C7BD7A010A4F63E721A9CE42D56" xlink:type="arc" />
    <link:label id="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0_totalLabel_en-US" xlink:label="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Attributable to T. Rowe Price Group</link:label>
    <link:label id="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0_label_en-US" xlink:label="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Sponsored Investment Portfolios, Attributable to Parent</link:label>
    <link:label id="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0_documentation_en-US" xlink:label="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the reporting entity's interest in consolidated sponsored investment portfolios.  This amount is eliminated in consolidation.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" xlink:label="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:to="lab_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_469645DE9A9CECC28DD6721A9CE44AE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental expense</link:label>
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478_label_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LeaseAndRentalExpense" xlink:label="loc_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478" xlink:to="lab_us-gaap_LeaseAndRentalExpense_70A000B18F3F856E3B9D71FC9F954478" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_1C0D81785F7CBA1260D471FC9F95287C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in 2018</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_940933C8F08A8965DB6671FC9F97EA41" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in 2019</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_19A567270AFC31606C5A71FC9F97EC9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in 2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_B8CFA5D1FC784B7516A171FC9F97A053" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in 2021</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_A9E80FB528C89465C5F371FC9F98A6B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in 2022</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8C761B8BF2457E7F89D671FC9F98CB89" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future minimum operating lease payments, due in later years</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_8A8FD366BC949E48419A71FC9F988AED" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExtraordinaryAndUnusualItemsAbstract_BF1AD841907A974C720B71FC9CFE4B86_label_en-US" xlink:label="lab_us-gaap_ExtraordinaryAndUnusualItemsAbstract_BF1AD841907A974C720B71FC9CFE4B86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Items, or Both [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExtraordinaryAndUnusualItemsAbstract" xlink:label="loc_us-gaap_ExtraordinaryAndUnusualItemsAbstract_BF1AD841907A974C720B71FC9CFE4B86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExtraordinaryAndUnusualItemsAbstract_BF1AD841907A974C720B71FC9CFE4B86" xlink:to="lab_us-gaap_ExtraordinaryAndUnusualItemsAbstract_BF1AD841907A974C720B71FC9CFE4B86" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DELL APPRAISAL RIGHTS MATTER</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Items, or Both, Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock" xlink:label="loc_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98" xlink:to="lab_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_BD31147ABF97ACDE84D571FC9CFECD98" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAbstract_D7ABE421722394BF97AC8B4ADE4C2D90_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAbstract_D7ABE421722394BF97AC8B4ADE4C2D90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsAbstract_D7ABE421722394BF97AC8B4ADE4C2D90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAbstract_D7ABE421722394BF97AC8B4ADE4C2D90" xlink:to="lab_us-gaap_CashAndCashEquivalentsAbstract_D7ABE421722394BF97AC8B4ADE4C2D90" xlink:type="arc" />
    <link:label id="lab_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D_terseLabel_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash equivalent investments in T. Rowe Price money market mutual funds</link:label>
    <link:label id="lab_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D_label_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Money Market Funds, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MoneyMarketFundsAtCarryingValue" xlink:label="loc_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D" xlink:to="lab_us-gaap_MoneyMarketFundsAtCarryingValue_56FEC87A8D5860363EF58B4ADE4D844D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restrictions on Cash and Cash Equivalents [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restrictions on Cash and Cash Equivalents [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable" xlink:label="loc_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048" xlink:to="lab_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTable_885BAE2E4F2A210609058B4ADE4DA048" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Axis]</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAxis" xlink:label="loc_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71" xlink:to="lab_us-gaap_CashAndCashEquivalentsAxis_477577ED5F0B3D09E6908B4ADE4DBE71" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Domain]</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_D2B998798B77EC27665E8B4ADE4D1640" xlink:type="arc" />
    <link:label id="lab_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0_terseLabel_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Money market mutual funds [Member]</link:label>
    <link:label id="lab_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0_label_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Money Market Funds [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0" xlink:to="lab_us-gaap_MoneyMarketFundsMember_8AEF0CE5996AB5EC4C668B5AA45186E0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents Items [Line Items]</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents Items [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalentsItemsLineItems_FD8B32A03A7EF8643E4C8B4ADE51D649" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Dividends earned on money market mutual funds</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Dividend</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="loc_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B" xlink:to="lab_us-gaap_InvestmentIncomeDividend_3E8C7C3E5B9F94AE9D498B4ADE51688B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Supplementary consolidating cash flow statement</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Cash Flow Statement [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555" xlink:to="lab_us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock_EFCBA3F7F060B809724671FC9C3A5555" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_D628A0312AB67E940E4E71FC9E27C75A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_BB955D1CF98B282C09B971FC9E2725C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_05FFE7019639CC8F83A371FC9E27FE35" xlink:type="arc" />
    <link:label id="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61_terseLabel_en-US" xlink:label="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and related costs [Member]</link:label>
    <link:label id="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61_label_en-US" xlink:label="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation and Related Costs [Member]</link:label>
    <link:label id="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61_documentation_en-US" xlink:label="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Compensation and Related Costs [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_CompensationandRelatedCostsMember" xlink:label="loc_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:to="lab_trow_CompensationandRelatedCostsMember_1DDC32412AA89E1CAF8471FC9E279B61" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410" xlink:to="lab_us-gaap_AwardTypeAxis_C279314865BE4E17433071FC9E292410" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_198908AB4633BFFFCCB071FC9E29EF4D" xlink:type="arc" />
    <link:label id="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A_terseLabel_en-US" xlink:label="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted shares and restricted stock units [Member]</link:label>
    <link:label id="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A_label_en-US" xlink:label="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock And Restricted Stock Units [Member]</link:label>
    <link:label id="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A_documentation_en-US" xlink:label="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares and stock units that an entity has not yet issued because the agreed-upon consideration, such as employee services, has not yet been received.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_RestrictedStockAndRestrictedStockUnitsMember" xlink:label="loc_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:to="lab_trow_RestrictedStockAndRestrictedStockUnitsMember_330A8248428C6FD7412971FC9E2AC18A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted shares [Member]</link:label>
    <link:label id="lab_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2_label_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="loc_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2" xlink:to="lab_us-gaap_RestrictedStockMember_24B443CC8DA121D9ABEC71FC9E2ABFF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted stock units [Member]</link:label>
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C_label_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C" xlink:to="lab_us-gaap_RestrictedStockUnitsRSUMember_53FD9BBF7CBE45457C4571FC9E2A7F9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9_terseLabel_en-US" xlink:label="lab_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:label id="lab_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9_label_en-US" xlink:label="lab_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VestingAxis" xlink:label="loc_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9" xlink:to="lab_us-gaap_VestingAxis_9ED4DC156BC8F95CBF8A71FC9E2AA6D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E_terseLabel_en-US" xlink:label="lab_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:label id="lab_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E_label_en-US" xlink:label="lab_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VestingDomain" xlink:label="loc_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E" xlink:to="lab_us-gaap_VestingDomain_0D0B407359C39F5FF46971FC9E2A8E6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Time-based [Member]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Award, Tranche One [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationAwardTrancheOneMember" xlink:label="loc_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5" xlink:to="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_1FF71BF169F09AA97F5C71FC9E2C18A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance-based [Member]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Award, Tranche Two [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationAwardTrancheTwoMember" xlink:label="loc_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8" xlink:to="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_A10533FE132AD7EF336671FC9E2C8CA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5F9FF5116335DA31D56271FC9E2D1C4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_A4C5FB38EAB09CDA071371FC9E2D4C5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Nonvested at December 31, 2016 (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A98477D12AD4420ABBE571FC9E2D8E3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grants (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_525E3D3B9C799C16192371FC9E2DD90A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Vested (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_04371ACE29D662DB72F671FC9E2D893C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_FC5941410A8FAF0BBD5671FC9E2F00F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D6D5C320702047ABF36471FC9E2F21FE_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D6D5C320702047ABF36471FC9E2F21FE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Nonvested at December 31, 2017 (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D6D5C320702047ABF36471FC9E2F21FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D6D5C320702047ABF36471FC9E2F21FE" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D6D5C320702047ABF36471FC9E2F21FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_6BDC463CAAA1AFC604F071FC9E30C5E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of nonvested restricted shares and restricted stock units at December 31, 2016 (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3067A72E067481F78D5071FC9E30E74F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of restricted shares and restricted stock units granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6745E261B13E9461D69371FC9E30997C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of restricted shares and restricted stock units vested (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_45593ED7FE83EB70B56971FC9E30E284" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of restricted shares and restricted stock units forfeited (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_B1CD0721AF8440FD347F71FC9E30B9C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_E4FE0EBE4C7681F3EEA971FC9E30D408_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_E4FE0EBE4C7681F3EEA971FC9E30D408" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of nonvested restricted shares and restricted stock units at December 31, 2017 (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_E4FE0EBE4C7681F3EEA971FC9E30D408" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_E4FE0EBE4C7681F3EEA971FC9E30D408" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_E4FE0EBE4C7681F3EEA971FC9E30D408" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value at vest date</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_00DA6E7E22B6541FB4C871FC9E32E01C" xlink:type="arc" />
    <link:label id="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B_terseLabel_en-US" xlink:label="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nonvested shares where performance threshold has been met (in shares)</link:label>
    <link:label id="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B_label_en-US" xlink:label="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Performance Threshold Met, Number</link:label>
    <link:label id="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B_documentation_en-US" xlink:label="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Performance Threshold Met, Number</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber" xlink:label="loc_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:to="lab_trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber_318C302A89ED852A2F9F71FC9E32902B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_8D2961EA07D55CAB738D71FC9E3231EB" xlink:type="arc" />
    <link:label id="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6_terseLabel_en-US" xlink:label="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vested stock units (in shares)</link:label>
    <link:label id="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6_label_en-US" xlink:label="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vested Restricted Stock Units</link:label>
    <link:label id="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6_documentation_en-US" xlink:label="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of vested but unsettled awards (other than option plans) for which the company is obligated to issue equity instruments or transfer assets to a non-employee director.  For these awards the non-employee director has satisfied the service or performance criteria necessary to gain title to the underlying shares but will not receive the shares until separation from the board.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_VestedRestrictedStockUnits" xlink:label="loc_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:to="lab_trow_VestedRestrictedStockUnits_66B24B6015EA9FA5846C71FC9E33B6C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7" xlink:to="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_D14A0DC11C4735AB3EF571FCA0D963C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1" xlink:to="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_FC597AA25D5EDECA93F371FCA0DA44F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21_terseLabel_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21_label_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21" xlink:to="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_563D9DC3592037FB069F71FCA0DA3B21" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable interest entity, not primary beneficiary [Member]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Not Primary Beneficiary [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7" xlink:to="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_95EFB21C7C022612070971FCA0DA3AC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_37E5EE4A22272F996CA171FCA0DCA1AD" xlink:type="arc" />
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4_terseLabel_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment carrying values</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4_label_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Investment Carrying Values, Amount</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4_documentation_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Investment Carrying Values, Amount</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:to="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_5F5F9E5CC93AA22D6FEF71FCA0DC3EE4" xlink:type="arc" />
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25_terseLabel_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unfunded capital commitments</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25_label_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Unfunded Capital Commitments, Amount</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25_documentation_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure,
Unfunded Capital Commitments, Amount</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:to="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_1D157B9554C2F44D488071FCA0DC7A25" xlink:type="arc" />
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876_terseLabel_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uncollected investment advisory and administrative fees</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876_label_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Uncollected Investment Advisory and Administrative Fees, Amount</link:label>
    <link:label id="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876_documentation_en-US" xlink:label="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Uncollected Investment Advisory and Administrative Fees, Amount</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:to="lab_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_4551D6BC47B8A6C7793D71FCA0DD8876" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4_totalLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Maximum risk of loss related to nonconsolidated variable interest entities</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4" xlink:to="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_EC4886E408D47A12D47971FCA0DDBFE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8A1EF017835BEAF50C1171FCA3B79D13_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8A1EF017835BEAF50C1171FCA3B79D13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8A1EF017835BEAF50C1171FCA3B79D13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8A1EF017835BEAF50C1171FCA3B79D13" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8A1EF017835BEAF50C1171FCA3B79D13" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity method investments [Member]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investee [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvesteeMember" xlink:label="loc_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7" xlink:to="lab_us-gaap_EquityMethodInvesteeMember_D13F32C41C3B94F63B8771FCA3BA2ED7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA" xlink:to="lab_us-gaap_ProfitLoss_03D34EBD39DECBED6B9371FCA3BAA5FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), before Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_6C91E2F6373ED150A33E71FCA3BBE9BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized holding gains (losses) on available-for-sale investments</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Reclassification Adjustments and Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax_7CE4BA50603A1922F99171FCA3BB07F1" xlink:type="arc" />
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F_terseLabel_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of (gains) and losses in accumulated other comprehensive income to non-operating investment income:</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F_label_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-For-Sale, Reclassification Adjustment From AOCI, Before Tax [Abstract]</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F_documentation_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-For-Sale, Reclassification Adjustment From AOCI, Before Tax [Abstract]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract" xlink:label="loc_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:to="lab_trow_OtherComprehensiveIncomeLossAvailableForSaleReclassificationAdjustmentFromAOCIBeforeTaxAbstract_72BA220AF42A2545FF2371FCA3BB487F" xlink:type="arc" />
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C_negatedTerseLabel_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital gain distributions</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C_label_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) Adjustment For Capital Gain Distribution Received Before Tax 1</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C_documentation_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A positive value represents the before tax reduction in other comprehensive income upon reclassification of capital gain distributions included in non-operating income.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1" xlink:label="loc_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:to="lab_trow_OtherComprehensiveIncomeLossAdjustmentForCapitalGainDistributionReceivedBeforeTax1_B01F420616D3FE25699671FCA3BB547C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net gains realized on dispositions determined using average cost</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_759B596F213F20B5C42871FCA3BD89D0" xlink:type="arc" />
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D_negatedTerseLabel_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized gains recognized upon the transfer to trading investments</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D_label_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment From AOCI For Investment Transferred From Available-For-Sale To Trading Securities, Before Tax</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D_documentation_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Investment Transferred from Available-for-sale to Trading Securities, before Tax</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax" xlink:label="loc_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:to="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForInvestmentTransferredFromAvailableForSaleToTradingSecuritiesBeforeTax_10151313D54F2732429571FCA3BD803D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other-than-temporary impairments</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax_40FDB0897BF74A68781171FCA3BE3B3B" xlink:type="arc" />
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA_negatedTotalLabel_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total reclassification adjustments</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA_label_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) Reclassification Adjustment From AOCI For Available For Sale Securities Before Tax</link:label>
    <link:label id="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA_documentation_en-US" xlink:label="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount before tax of all reclassification adjustments from accumulated other comprehensive income for unrealized gains (losses) related to available-for-sale securities.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax" xlink:label="loc_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:to="lab_trow_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForAvailableForSaleSecuritiesBeforeTax_B6E976E47C9F8D768CCA71FCA3BE78CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total net unrealized holding losses recognized in other comprehensive income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_801D03327417A3DEE35671FCA3BE2435" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated T. Rowe Price investment products&#8212;variable interest entities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C" xlink:to="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_A5B9AF15ED414909CBBD71FCA3BE303C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassification losses (gains) recognized in non-operating investment income upon deconsolidation of certain T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_E18553B20F8A87C2EA9771FCA3BE27EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total currency translation adjustments</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_D8050E8455C8CBC30BBD71FCA3C0622D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss before income taxes</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_325F31EF06479ED237F371FCA3C08BEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax benefits</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossTax_A63E4DEC609FE5E25C1671FCA3C03FF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_CE8F5A6E4B422054C0CF71FCA3C0F785" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_B80D1EDA9B7F8A0B255571FCA3C177B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: comprehensive income attributable to redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_0FEE943E4FFCD699319E71FCA3C13D46" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to T. Rowe Price Group</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_4A541B6D49A70D635FA171FCA3C1E6FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_C92B768CD01A4540A2607CE4A79A4A0A_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_C92B768CD01A4540A2607CE4A79A4A0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_C92B768CD01A4540A2607CE4A79A4A0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_C92B768CD01A4540A2607CE4A79A4A0A" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_C92B768CD01A4540A2607CE4A79A4A0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_3F7CF2239576F3DB4A097CE4A79A4EE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_D7D89C269EB47BCE96A27CE4A7A0DBE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_1A8940E744FA0C8E32E07CE4A7A0DA0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent event [Member]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472" xlink:to="lab_us-gaap_SubsequentEventMember_B8C7EC31914CA4E24AFE7CE4A7A09472" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_00E8EADA1AC1106261067CE4A7A0B0DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12" xlink:to="lab_us-gaap_EquityComponentDomain_2F809E1894291093A3CA7CE4A7A0BB12" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized holding gains or losses [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="loc_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9" xlink:to="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_D7B5BDDBF7E9E2A0E31C7CE4A7A0DDB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings [Member]</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D" xlink:to="lab_us-gaap_RetainedEarningsMember_9132FAB8158E56696DD57CE4A7A0B67D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A_label_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A" xlink:to="lab_us-gaap_StatementScenarioAxis_1EF8036197076CB776317CE4A7A0379A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609_label_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609" xlink:to="lab_us-gaap_ScenarioUnspecifiedDomain_7050DDCA20EFA968EA9F7CE4A7A04609" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9_terseLabel_en-US" xlink:label="lab_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pro forma [Member]</link:label>
    <link:label id="lab_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9_label_en-US" xlink:label="lab_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pro Forma [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProFormaMember" xlink:label="loc_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9" xlink:to="lab_us-gaap_ProFormaMember_3D28EB47F66AB60CB0E47CE4A7A0B1D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909" xlink:to="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_4652C8A499294B78B86D7CE4A7A14909" xlink:type="arc" />
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E" xlink:to="lab_us-gaap_TypeOfAdoptionMember_4C385C7824B92AA352D97CE4A7A1BC4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASU 2014-09 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2014-09 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingStandardsUpdate201409Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80" xlink:to="lab_us-gaap_AccountingStandardsUpdate201409Member_738B70FA95C9000B8B2C7CE4A7A1AD80" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASU 2016-01 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-01 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingStandardsUpdate201601Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946" xlink:to="lab_us-gaap_AccountingStandardsUpdate201601Member_3BA92A2E7D23A41BC09B7CE4A7A13946" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_6BB5D61364A20FE76D727CE4A7A18769" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of revenue related expenses to operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F" xlink:to="lab_us-gaap_OperatingExpenses_B973A0C816B7789A73027CE4A7A1017F" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of revenue related expenses from revenue to operating expenses</link:label>
    <link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520_label_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Advisory, Management and Administrative Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees" xlink:label="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520" xlink:to="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_A507D6B25197CC9C05B67CE4A7A15520" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of unrealized holding gains recognized on investments from AOCI to retained earnings</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A" xlink:to="lab_us-gaap_StockholdersEquity_E3CCCCCE4530FD36F4687CE4A7A1E46A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteAbstract_17031B4C3FE223AC270471FC9D929534_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteAbstract_17031B4C3FE223AC270471FC9D929534" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="loc_us-gaap_StockholdersEquityNoteAbstract_17031B4C3FE223AC270471FC9D929534" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_17031B4C3FE223AC270471FC9D929534" xlink:to="lab_us-gaap_StockholdersEquityNoteAbstract_17031B4C3FE223AC270471FC9D929534" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact of the components of other comprehensive income on deferred tax benefits (income taxes)</link:label>
    <link:label id="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68" xlink:to="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_EFA7F62775A9CA8254C771FC9D935C68" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in accumulated other comprehensive income</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C" xlink:to="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_CF0105E1EB337A2D296671FC9D93AB6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E_terseLabel_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of preparation - basis of accounting</link:label>
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E_label_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Accounting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E" xlink:to="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_99D14B9586B64B79086571FCA2E29A4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of preparation - use of estimates</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653" xlink:to="lab_us-gaap_UseOfEstimates_0AE89E576AE35806848671FCA2E27653" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Newly issued but not yet adopted accounting guidance</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_09E9C02F2836E2A3549371FCA2E21B72" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_66B87DB6BD22C5B1339E71FCA2E32A83" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_DAC341DAC95DB2F9530671FCA2E39EE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale sponsored investment portfolios</link:label>
    <link:label id="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy" xlink:label="loc_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4" xlink:to="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_2A220D5FB59CD1DD064171FCA2E310E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30_terseLabel_en-US" xlink:label="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity and cost method investments</link:label>
    <link:label id="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30_label_en-US" xlink:label="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and Cost Method Investments, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityAndCostMethodInvestmentsPolicy" xlink:label="loc_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30" xlink:to="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_98F2C716BD2547DC0B0871FCA2E31F30" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments held as trading</link:label>
    <link:label id="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities, Trading Securities, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketableSecuritiesTradingSecuritiesPolicy" xlink:label="loc_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3" xlink:to="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_0AF2EEB56CAEDBB6DB6471FCA2E3A6D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_6AFDE496390B296692F671FCA2E391BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_D979C4F8AEBFD245B7F471FCA2E5F3AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue recognition</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211" xlink:to="lab_us-gaap_RevenueRecognitionPolicyTextBlock_4C66370D150126E1387671FCA2E55211" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D_terseLabel_en-US" xlink:label="lab_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advertising</link:label>
    <link:label id="lab_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D_label_en-US" xlink:label="lab_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost" xlink:label="loc_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D" xlink:to="lab_us-gaap_AdvertisingCostPolicyExpensedAdvertisingCost_5F28443E46A38B4BC08771FCA2E5250D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1" xlink:to="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_AD9CF25F7EA02F144EF471FCA2E5ABF1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200" xlink:to="lab_us-gaap_EarningsPerSharePolicyTextBlock_6BEEAEB1846999E47F0371FCA2E68200" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:label="loc_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA" xlink:to="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_3F786302528D6C5AD7AC71FCA2E615DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_3143553B35CC3B8C72FF71FCA4154463_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_3143553B35CC3B8C72FF71FCA4154463" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_3143553B35CC3B8C72FF71FCA4154463" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_3143553B35CC3B8C72FF71FCA4154463" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_3143553B35CC3B8C72FF71FCA4154463" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets of consolidated T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_5B8707F56AD731D3D8E671FCA418F3A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities of consolidated T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_90FA693547502C451F3971FCA418502C" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:label="loc_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF" xlink:to="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_5AAE8E4E8DA81BFB8DFA71FCA4184FEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_8BAE28D9A801CCAB31A771FCA4198070" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized_C270BFFF4CCF88639ED771FCA419435E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_5B2500866093987DAFA071FCA41B92F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_980A5F5A841DAC60648071FCA41BF628" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_0698542C04E560708F4371FCA41B4A97" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D" xlink:to="lab_us-gaap_CommonStockSharesIssued_CD62DD64A1FF6D15429B71FCA41B381D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Table]</link:label>
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01_label_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable" xlink:label="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01" xlink:to="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_37BAAE51E5B65D5DD46D71FC9D1FEF01" xlink:type="arc" />
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06_terseLabel_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital gain distributions [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06_label_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Capital Gains (Losses) Distributions, Attributable to Parent [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06_documentation_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Capital Gains (Losses) Distributions, Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember" xlink:label="loc_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:to="lab_trow_AccumulatedNetInvestmentGainLossCapitalGainsLossesDistributionsAttributabletoParentMember_9F6440AD99A1687AB05371FC9D234A06" xlink:type="arc" />
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD_terseLabel_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net gains realized on dispositions [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD_label_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Net Gains (Losses) Realized on Dispositions of Securities, Attributable to Parent [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD_documentation_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Net Gains (Losses) Realized on Dispositions of Securities, Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember" xlink:label="loc_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:to="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRealizedonDispositionsofSecuritiesAttributabletoParentMember_2464FC25288AF4BBDE5371FC9D254ADD" xlink:type="arc" />
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8_terseLabel_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net gains recognized upon transfer to trading investments [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8_label_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Net Gains (Losses) Recognized on Transfer to Trading Securities, Attributable to Parent [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8_documentation_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Net Gains (Losses) Recognized on Transfer to Trading Securities, Attributable to Parent</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember" xlink:label="loc_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:to="lab_trow_AccumulatedNetInvestmentGainLossNetGainsLossesRecognizedonTransfertoTradingSecuritiesAttributabletoParentMember_D74FA3DC5C0512ABEEF071FC9D2512C8" xlink:type="arc" />
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3_terseLabel_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other-than-temporary impairments [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3_label_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Other-Than-Temporary Impairments, Attributable to Parent [Member]</link:label>
    <link:label id="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3_documentation_en-US" xlink:label="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Net Investment Gain (Loss), Other-Than-Temporary Impairments, Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember" xlink:label="loc_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:to="lab_trow_AccumulatedNetInvestmentGainLossOtherThanTemporaryImpairmentsAttributabletoParentMember_74171C25CE15AD0FAB3771FC9D262AD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency translation adjustments [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D_label_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Foreign Currency Adjustment Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="loc_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D" xlink:to="lab_us-gaap_AccumulatedTranslationAdjustmentMember_E1DBCA2AB8DCFF0F42DB71FC9D265B1D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total accumulated other comprehensive income [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4F15CDDC3B9E73402D0471FC9D26EDB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Axis]</link:label>
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944_label_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944" xlink:to="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_244D5A59E0BA0340B9A071FC9D261944" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Domain]</link:label>
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43_label_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43" xlink:to="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_11AB496B0C8691AB5D6371FC9D26DA43" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification out of accumulated other comprehensive income [Member]</link:label>
    <link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296_label_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification out of Accumulated Other Comprehensive Income [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296" xlink:to="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_85496F0D190C7759FD0C71FC9D267296" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]</link:label>
    <link:label id="lab_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5_label_en-US" xlink:label="lab_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems" xlink:label="loc_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5" xlink:to="lab_us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_E29A998CC4515A62435071FC9D287DD5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-operating income</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_DC67136DF6CED0D5A97E71FC9D284081" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_A7495C83198A7811355071FC9D2911FD_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_A7495C83198A7811355071FC9D2911FD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Provision for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_A7495C83198A7811355071FC9D2911FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_A7495C83198A7811355071FC9D2911FD" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_A7495C83198A7811355071FC9D2911FD" xlink:type="arc" />
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B_terseLabel_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision related to the tax law changes</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B_label_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Provisional Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B_documentation_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Provisional Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:to="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_1B12F5C8074A306E03C57C81113D954B" xlink:type="arc" />
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A_terseLabel_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision related to remeasurement of deferred tax assets and liabilities</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A_label_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Change In Tax Rate, Provisional Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A_documentation_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Change In Tax Rate, Provisional Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:to="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit_FCC35F187D6D62C5BDF37C81113ECD0A" xlink:type="arc" />
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D_terseLabel_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision related to mandatory deemed repatriation of foreign sourced net earnings</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D_label_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Transition Tax For Accumulated Foreign Earnings, Provisional Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D_documentation_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Transition Tax For Accumulated Foreign Earnings, Provisional Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:to="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit_91354F785C9DD70F19717C81113EC76D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_4B70C219D69CB152EB1C71FCA0A01FBC_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_4B70C219D69CB152EB1C71FCA0A01FBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_4B70C219D69CB152EB1C71FCA0A01FBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_4B70C219D69CB152EB1C71FCA0A01FBC" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_4B70C219D69CB152EB1C71FCA0A01FBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_94A4866C83186113C74171FCA0A0B5B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_8C52EC6F8773A41BF04A71FCA0A09627" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_35E8DB48D241C5EA647471FCA0A14673" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_CE2B40945289C5C50B6C71FCA0A1767A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_E836353EF4233A89521971FCA0A35A9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_4CA13D145C8109C9026C71FCA0A35231" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_7BB98D35FCB2DB41F71171FCA0A35509" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value, measurements, recurring [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_A9CB10789E21BA17F0A571FCA0A38FD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F8DBAFAAC7BD69E9892D71FCA0A4A5A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337" xlink:to="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_4EEEAD208BB754F5473571FCA0A40337" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T. Rowe Price investment products held as available-for-sale</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Equity Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_341A52E2EDF3ACE16D1671FCA0A41D71" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T. Rowe Price investment products held as trading</link:label>
    <link:label id="lab_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE" xlink:to="lab_us-gaap_TradingSecurities_B2795F59EC36A6A5E43F71FCA0A6BDBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_2586884A12A5B8B0A84F71FCA0A6BE97" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Table]</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemTable" xlink:label="loc_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882" xlink:to="lab_us-gaap_UnusualOrInfrequentItemTable_55A088245003BE393BD57CC39746A882" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914_terseLabel_en-US" xlink:label="lab_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain Contingencies, Nature [Axis]</link:label>
    <link:label id="lab_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914_label_en-US" xlink:label="lab_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingencies, Nature [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainContingenciesByNatureAxis" xlink:label="loc_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914" xlink:to="lab_us-gaap_GainContingenciesByNatureAxis_B1CD08610DC445551E4B7CC3F9E94914" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357_terseLabel_en-US" xlink:label="lab_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain Contingency, Nature [Domain]</link:label>
    <link:label id="lab_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357_label_en-US" xlink:label="lab_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingency, Nature [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainContingencyNatureDomain" xlink:label="loc_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357" xlink:to="lab_us-gaap_GainContingencyNatureDomain_C2C70410B38E8A16C4A37CC48691D357" xlink:type="arc" />
    <link:label id="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C_terseLabel_en-US" xlink:label="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dell appraisal rights matter [Member]</link:label>
    <link:label id="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C_label_en-US" xlink:label="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dell appraisal rights matter [Member]</link:label>
    <link:label id="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C_documentation_en-US" xlink:label="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dell appraisal rights matter[Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DellappraisalrightsmatterMember" xlink:label="loc_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:to="lab_trow_DellappraisalrightsmatterMember_30ACE737493A3F51C3E17CC426F4009C" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Axis]</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemAxis" xlink:label="loc_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C" xlink:to="lab_us-gaap_UnusualOrInfrequentItemAxis_23509795A8C4162C2B5A7CC397470A5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Domain]</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemDomain" xlink:label="loc_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC" xlink:to="lab_us-gaap_UnusualOrInfrequentItemDomain_833219703499F318503D7CC39747CBCC" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Line Items]</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemLineItems" xlink:label="loc_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C" xlink:to="lab_us-gaap_UnusualOrInfrequentItemLineItems_D6D7817208DCF34D24AB7CC397482B8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3_verboseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Nonrecurring charge related to Dell appraisal rights matter</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both, Loss, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemLossGross" xlink:label="loc_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3" xlink:to="lab_us-gaap_UnusualOrInfrequentItemLossGross_D7DE8D101FBE03C039C07CC39748EFA3" xlink:type="arc" />
    <link:label id="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3_terseLabel_en-US" xlink:label="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Court determined fair value per share at time of Dell merger (in dollars per share)</link:label>
    <link:label id="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3_label_en-US" xlink:label="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Court determined fair value per share</link:label>
    <link:label id="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3_documentation_en-US" xlink:label="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The fair value per share of a company at the time of a merger that was determined by a court during the period.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_Courtdeterminedfairvaluepershare" xlink:label="loc_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:to="lab_trow_Courtdeterminedfairvaluepershare_EE06EB91E2FE3D5781D87CC397482DB3" xlink:type="arc" />
    <link:label id="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1_terseLabel_en-US" xlink:label="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Price offered per share in Dell merger (in dollars per share)</link:label>
    <link:label id="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1_label_en-US" xlink:label="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Price Offered, Per Share</link:label>
    <link:label id="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1_documentation_en-US" xlink:label="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Price Offered, Per Share</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_PriceOfferedPerShare" xlink:label="loc_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:to="lab_trow_PriceOfferedPerShare_DD97259A76DEE11C15027CCC92F094A1" xlink:type="arc" />
    <link:label id="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC_terseLabel_en-US" xlink:label="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payment per share for any shareholder perfecting appraisal rights (in dollars per share)</link:label>
    <link:label id="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC_label_en-US" xlink:label="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment per share</link:label>
    <link:label id="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC_documentation_en-US" xlink:label="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount per share that was determined to be paid to affected clients during the period which was intended to make them whole for the voting discrepancy that resulted in the denial of their appraisal rights.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_Paymentpershare" xlink:label="loc_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:to="lab_trow_Paymentpershare_DF82D1E67E0FC192C0EB7CC39748FCFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance proceeds</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both, Insurance Proceeds</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemInsuranceProceeds" xlink:label="loc_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790" xlink:to="lab_us-gaap_UnusualOrInfrequentItemInsuranceProceeds_BFED55A4A59060623EF47CC397489790" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36_terseLabel_en-US" xlink:label="lab_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecorded gain contingency</link:label>
    <link:label id="lab_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36_label_en-US" xlink:label="lab_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingency, Unrecorded Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainContingencyUnrecordedAmount" xlink:label="loc_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36" xlink:to="lab_us-gaap_GainContingencyUnrecordedAmount_E2D5CFB074DB4765D8497CC39A701E36" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_896DF3B1163878D640FD71FC9DD3D6F6_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_896DF3B1163878D640FD71FC9DD3D6F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_896DF3B1163878D640FD71FC9DD3D6F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_896DF3B1163878D640FD71FC9DD3D6F6" xlink:to="lab_us-gaap_EarningsPerShareAbstract_896DF3B1163878D640FD71FC9DD3D6F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share reconciliation</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_3C80A391CBC6CA58D43F71FC9DD56ACF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Anti-dilutive securities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock" xlink:label="loc_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE" xlink:to="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_FEC4172917451CDAC12071FC9DD5CAFE" xlink:type="arc" />
    <link:label id="lab_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071_label_en-US" xlink:label="lab_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Disclosures [Abstract]</link:label>
    <link:label id="lab_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071_documentation_en-US" xlink:label="lab_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Disclosures [Abstract]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherDisclosuresAbstract" xlink:label="loc_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071" xlink:to="lab_trow_OtherDisclosuresAbstract_4ED6FCF3DC1BB13C161271FC9C921071" xlink:type="arc" />
    <link:label id="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C_terseLabel_en-US" xlink:label="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER DISCLOSURES.</link:label>
    <link:label id="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C_label_en-US" xlink:label="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Disclosures [Text Block]</link:label>
    <link:label id="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C_documentation_en-US" xlink:label="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Disclosures [Text Block]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherDisclosuresTextBlock" xlink:label="loc_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:to="lab_trow_OtherDisclosuresTextBlock_65A2712E75ED5E5506D171FC9C93BE0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment summary</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_EDA6EC961D79461DF10571FC9FC74DC9" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets of consolidated T. Rowe Price investment portfolios</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3_label_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios Condensed Balance Sheet [Table Text Block]</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3_documentation_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of condensed balance sheet for consolidated sponsored investment portfolios.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock" xlink:label="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:to="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock_76EBD54CC479FC87987D71FCA07913A3" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating results of consolidated T. Rowe Price investment portfolios</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3_label_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios Condensed Income Statement [Table Text Block]</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3_documentation_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of condensed income statement for consolidated sponsored investment portfolios.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock" xlink:label="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:to="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock_E7310C45FD928167CAE871FCA079C9E3" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows of consolidated T. Rowe Price investment portfolios</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0_label_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios Condensed Cash Flow Statement [Table Text Block]</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0_documentation_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of condensed cash flow statement of consolidated sponsored investment portfolios.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock" xlink:label="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:to="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock_6AF4BA2322F4A05473BF71FCA07968D0" xlink:type="arc" />
    <link:label id="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77_verboseLabel_en-US" xlink:label="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair values of investments held by consolidated T. Rowe Price investment portfolios</link:label>
    <link:label id="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77_label_en-US" xlink:label="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis for Consolidated Sponsored Investment Portfolios [Table Text Block]</link:label>
    <link:label id="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77_documentation_en-US" xlink:label="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of assets and liabilities of consolidated sponsored investment portfolios that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock" xlink:label="loc_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:to="lab_trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock_AE2C7C9269C1FB61B18571FCA0798E77" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedules of provision for income taxes and deferred income taxes (tax benefits)</link:label>
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F" xlink:to="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_9FD5AC625EA52EE4BCEC71FC9F742E7F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of effective income tax rate reconciliation</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E" xlink:to="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_25F0BAE58E3B266907CC71FC9F747B7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of deferred tax assets and liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32" xlink:to="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_CDBCCB21F2E102D41E6A71FC9F758A32" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of unrecognized tax benefits</link:label>
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC" xlink:to="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_A781078E869F0F560B0771FC9F75A8AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_DC7B23D42CEF5BCD44BF71FCA3EA77F8_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_DC7B23D42CEF5BCD44BF71FCA3EA77F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_DC7B23D42CEF5BCD44BF71FCA3EA77F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_DC7B23D42CEF5BCD44BF71FCA3EA77F8" xlink:to="lab_us-gaap_IncomeStatementAbstract_DC7B23D42CEF5BCD44BF71FCA3EA77F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47_label_en-US" xlink:label="lab_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues, Net of Interest Expense [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenuesNetOfInterestExpenseAbstract" xlink:label="loc_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47" xlink:to="lab_us-gaap_RevenuesNetOfInterestExpenseAbstract_5744CDFA7C066ECCC14971FCA3EABA47" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment advisory fees</link:label>
    <link:label id="lab_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF_label_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Advisory Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryFees" xlink:label="loc_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF" xlink:to="lab_us-gaap_InvestmentAdvisoryFees_96DF3B7987AFE6A51A3671FCA3EC5FFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363_terseLabel_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative fees</link:label>
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363_label_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative Services Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363" xlink:to="lab_us-gaap_AdministrativeServicesRevenue_E9A591253E998C393B4471FCA3ECE363" xlink:type="arc" />
    <link:label id="lab_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9_verboseLabel_en-US" xlink:label="lab_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Distribution and servicing fees</link:label>
    <link:label id="lab_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9_label_en-US" xlink:label="lab_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DistributionFees" xlink:label="loc_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9" xlink:to="lab_us-gaap_DistributionFees_38520001B82C3698F98F71FCA3ED47A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_9F46A962846446C2A11971FCA3EDCEEF_totalLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_9F46A962846446C2A11971FCA3EDCEEF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees" xlink:label="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_9F46A962846446C2A11971FCA3EDCEEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_9F46A962846446C2A11971FCA3EDCEEF" xlink:to="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_9F46A962846446C2A11971FCA3EDCEEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04" xlink:to="lab_us-gaap_OperatingExpensesAbstract_DC2DE806E20511BBFFA171FCA3ED7E04" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and related costs</link:label>
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93" xlink:to="lab_us-gaap_LaborAndRelatedExpense_7A4A8F92639AD90AFC1371FCA3ED3D93" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21_terseLabel_en-US" xlink:label="lab_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advertising and promotion</link:label>
    <link:label id="lab_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21_label_en-US" xlink:label="lab_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketing and Advertising Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketingAndAdvertisingExpense" xlink:label="loc_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21" xlink:to="lab_us-gaap_MarketingAndAdvertisingExpense_ED587F9C5933347F938E71FCA3ED2A21" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distribution and servicing costs</link:label>
    <link:label id="lab_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noninterest Expense Distribution and Servicing Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestExpenseDistributionAndServicingFees" xlink:label="loc_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC" xlink:to="lab_us-gaap_NoninterestExpenseDistributionAndServicingFees_A137F2955BBD62207E4D71FCA3EF63BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization of property and equipment</link:label>
    <link:label id="lab_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F_label_en-US" xlink:label="lab_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Nonproduction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationNonproduction" xlink:label="loc_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F" xlink:to="lab_us-gaap_DepreciationNonproduction_6F13E24471B1D80A1DB871FCA3EF502F" xlink:type="arc" />
    <link:label id="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE_terseLabel_en-US" xlink:label="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Occupancy and facility costs</link:label>
    <link:label id="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE_label_en-US" xlink:label="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Occupancy and Facility Costs</link:label>
    <link:label id="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE_documentation_en-US" xlink:label="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of expense incurred related to occupancy and facility costs, including, but not limited to lease and rent expense, owned facilities expense, and maintenance contracts for owned facilities.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OccupancyandFacilityCosts" xlink:label="loc_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:to="lab_trow_OccupancyandFacilityCosts_78424D4D222EF213C37D71FCA3EF64EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating expenses</link:label>
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932_label_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Cost and Expense, Operating</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherCostAndExpenseOperating" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932" xlink:to="lab_us-gaap_OtherCostAndExpenseOperating_CB01AF007DBA1ACCC61871FCA3F03932" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7_terseLabel_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nonrecurring charge (insurance recoveries) related to Dell appraisal rights matter</link:label>
    <link:label id="lab_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7_label_en-US" xlink:label="lab_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unusual or Infrequent Item, or Both, Net of Insurance Proceeds</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds" xlink:label="loc_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7" xlink:to="lab_us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds_99D76396529D30501DDF71FCA3F05FF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_8F5C3503BCFBB3D627DD71FCA3F02BD4_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_8F5C3503BCFBB3D627DD71FCA3F02BD4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_8F5C3503BCFBB3D627DD71FCA3F02BD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_8F5C3503BCFBB3D627DD71FCA3F02BD4" xlink:to="lab_us-gaap_OperatingExpenses_8F5C3503BCFBB3D627DD71FCA3F02BD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net operating income</link:label>
    <link:label id="lab_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263_label_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263" xlink:to="lab_us-gaap_OperatingIncomeLoss_ED7C6913F784B9AAEB2371FCA3F06263" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-operating income</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense) [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="loc_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36" xlink:to="lab_us-gaap_NonoperatingIncomeExpenseAbstract_83C7901DD4C49069653A71FCA3F0AA36" xlink:type="arc" />
    <link:label id="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A_terseLabel_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net investment income on investments not consolidated</link:label>
    <link:label id="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A_label_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating, Other Than Consolidated Sponsored Investment Portfolios</link:label>
    <link:label id="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A_documentation_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating, Other Than Consolidated Sponsored Investment Portfolios</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:to="lab_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_D7A62D2DBCB05308993071FCA3F2089A" xlink:type="arc" />
    <link:label id="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD_terseLabel_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net investment income on consolidated T. Rowe Price investment products</link:label>
    <link:label id="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD_label_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating, Consolidated Sponsored Investment Portfolios</link:label>
    <link:label id="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD_documentation_en-US" xlink:label="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating, Consolidated Sponsored Investment Portfolios</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:to="lab_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_DB0880B479112B38E42471FCA3F239DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense)</link:label>
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752" xlink:to="lab_us-gaap_OtherNonoperatingIncomeExpense_92737B9125CE6DAA0F3371FCA3F28752" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_7B03C349D96D7E5CCA6B71FCA3F2EC4E_totalLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_7B03C349D96D7E5CCA6B71FCA3F2EC4E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total non-operating income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_7B03C349D96D7E5CCA6B71FCA3F2EC4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_7B03C349D96D7E5CCA6B71FCA3F2EC4E" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_7B03C349D96D7E5CCA6B71FCA3F2EC4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_972EFA0154B7FBA5890771FCA3F3DF41" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_3BC542D40A370DB3B08771FCA3F3D32C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_3BC542D40A370DB3B08771FCA3F3D32C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_3BC542D40A370DB3B08771FCA3F3D32C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_3BC542D40A370DB3B08771FCA3F3D32C" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_3BC542D40A370DB3B08771FCA3F3D32C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_C2B29AE48AB2D2416B2871FCA3F36B09_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_C2B29AE48AB2D2416B2871FCA3F36B09" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_C2B29AE48AB2D2416B2871FCA3F36B09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_C2B29AE48AB2D2416B2871FCA3F36B09" xlink:to="lab_us-gaap_ProfitLoss_C2B29AE48AB2D2416B2871FCA3F36B09" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: net income attributable to redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672" xlink:to="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_DCB0546B9E580E5DCBE171FCA3F5E672" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to T. Rowe Price Group</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66" xlink:to="lab_us-gaap_NetIncomeLoss_50A9B8E0A0370A7E3C3071FCA3F51C66" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_12824DF25A6F006E47D171FCA3F5CE25_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_12824DF25A6F006E47D171FCA3F5CE25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share on common stock of T. Rowe Price Group</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_12824DF25A6F006E47D171FCA3F5CE25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_12824DF25A6F006E47D171FCA3F5CE25" xlink:to="lab_us-gaap_EarningsPerShareAbstract_12824DF25A6F006E47D171FCA3F5CE25" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07" xlink:to="lab_us-gaap_EarningsPerShareBasic_1C77D813DC14AEFE4DE071FCA3F57D07" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B" xlink:to="lab_us-gaap_EarningsPerShareDiluted_719734AAFAE5D80E7EDC71FCA3F50D6B" xlink:type="arc" />
    <link:label id="lab_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE_label_en-US" xlink:label="lab_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information about Receivables, Revenues, and Services [Abstract]</link:label>
    <link:label id="lab_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE_documentation_en-US" xlink:label="lab_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information about Receivables, Revenues, and Services</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InformationAboutReceivablesRevenuesAndServicesAbstract" xlink:label="loc_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE" xlink:to="lab_trow_InformationAboutReceivablesRevenuesAndServicesAbstract_48EFE9522795A145207271FCA18F31EE" xlink:type="arc" />
    <link:label id="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67_terseLabel_en-US" xlink:label="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue and Services [Table]</link:label>
    <link:label id="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67_label_en-US" xlink:label="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue and Services [Table]</link:label>
    <link:label id="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67_documentation_en-US" xlink:label="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summarization of information required and determined to be disclosed concerning advisory service revenues and the assets from which those revenues are derived, by customer and investment mandate.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_RevenueAndServicesTable" xlink:label="loc_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:to="lab_trow_RevenueAndServicesTable_DA3DC8A38F382FA71E9271FCA18F8A67" xlink:type="arc" />
    <link:label id="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20_terseLabel_en-US" xlink:label="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T. Rowe Price U.S. mutual funds [Member]</link:label>
    <link:label id="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20_label_en-US" xlink:label="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sponsored Mutual Funds In U S [Member]</link:label>
    <link:label id="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20_documentation_en-US" xlink:label="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sponsored mutual funds in the U.S.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SponsoredMutualFundsInUSMember" xlink:label="loc_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:to="lab_trow_SponsoredMutualFundsInUSMember_167BCB00C05FA0C518F471FCA18FAF20" xlink:type="arc" />
    <link:label id="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038_terseLabel_en-US" xlink:label="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue and Services [Line Items]</link:label>
    <link:label id="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038_label_en-US" xlink:label="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues and Services [Line Items]</link:label>
    <link:label id="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038_documentation_en-US" xlink:label="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_RevenuesAndServicesLineItems" xlink:label="loc_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:to="lab_trow_RevenuesAndServicesLineItems_DECC4C48515EC95C167C71FCA191E038" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_64554D8CC775D3054CE471FCA191858C_verboseLabel_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_64554D8CC775D3054CE471FCA191858C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Administrative fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_64554D8CC775D3054CE471FCA191858C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdministrativeServicesRevenue_64554D8CC775D3054CE471FCA191858C" xlink:to="lab_us-gaap_AdministrativeServicesRevenue_64554D8CC775D3054CE471FCA191858C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DistributionFees_BE0F7014C74CD1E8535B71FCA192D649_terseLabel_en-US" xlink:label="lab_us-gaap_DistributionFees_BE0F7014C74CD1E8535B71FCA192D649" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distribution and servicing fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DistributionFees" xlink:label="loc_us-gaap_DistributionFees_BE0F7014C74CD1E8535B71FCA192D649" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DistributionFees_BE0F7014C74CD1E8535B71FCA192D649" xlink:to="lab_us-gaap_DistributionFees_BE0F7014C74CD1E8535B71FCA192D649" xlink:type="arc" />
    <link:label id="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B_terseLabel_en-US" xlink:label="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES</link:label>
    <link:label id="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B_label_en-US" xlink:label="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information About Receivables Revenues And Services Text Block</link:label>
    <link:label id="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B_documentation_en-US" xlink:label="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element is used to indicate facts reported for the continuing operations of a business entity including  disclosure of receivables from sponsored mutual funds for both advisory fees and administrative services provided.  This element also includes disclosure of the components of investment advisory fees and administrative fees earned as well as the components of average assets and period end assets under management.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InformationAboutReceivablesRevenuesAndServicesTextBlock" xlink:label="loc_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:to="lab_trow_InformationAboutReceivablesRevenuesAndServicesTextBlock_8E2A20FF2EBBD3FBD16771FCA2092B1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory U.S. federal income tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_7370048DBD14F55C54868B4ADAF87F71" xlink:type="arc" />
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36_terseLabel_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact of U.S. tax reform</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36_label_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017, Percent</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36_documentation_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017, Percent</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent" xlink:label="loc_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:to="lab_trow_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_85DDAA6B77F20E80CA278B4ADAF82B36" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State income taxes for current year, net of federal income tax benefits</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_9DD2094899941F58F49C8B4ADAF842A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_E2B951FF0899E53E9AE18B4ADAF819E1" xlink:type="arc" />
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603_negatedTerseLabel_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net excess tax benefits from stock-based compensation plans activity</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603_label_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-Based Compensation, Excess Tax Benefits (Tax Shortfalls), Percent</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603_documentation_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-Based Compensation, Excess Tax Benefits (Tax Shortfalls), Percent</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent" xlink:label="loc_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:to="lab_trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent_CA6D06F1F611ED1560238B4ADAF80603" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other items</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Other Adjustments, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_057505288795D7B2F9AA8B4ADAF9B591" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3_totalLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Effective income tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5FFDBD6C7B783BA61A918B4ADAF924E3" xlink:type="arc" />
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9_negatedTerseLabel_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">State income tax benefit related to redeemable non-controlling interests and stock-based compensation</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9_label_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes Reflected In Noncontrolling Interest Income (Loss) And Share-based Compensation, Percent</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9_documentation_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes Reflected In Noncontrolling Interest Income (Loss) And Share-based Compensation, Percent</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent" xlink:label="loc_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:to="lab_trow_EffectiveIncomeTaxRateReconciliationStateandLocalIncomeTaxesReflectedInNoncontrollingInterestIncomeLossAndSharebasedCompensationPercent_C7CD503A882A77D1070C8B4ADAF947A9" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9_verboseLabel_en-US" xlink:label="lab_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">INVESTMENTS</link:label>
    <link:label id="lab_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9_label_en-US" xlink:label="lab_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTextBlock" xlink:label="loc_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9" xlink:to="lab_invest_InvestmentTextBlock_BC099102B750CA2100BE71FCA17D0DE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_F08788FA4E787F7A5A1371FCA32D0CC5_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_F08788FA4E787F7A5A1371FCA32D0CC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_F08788FA4E787F7A5A1371FCA32D0CC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_F08788FA4E787F7A5A1371FCA32D0CC5" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_F08788FA4E787F7A5A1371FCA32D0CC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncement, Early Adoption [Axis]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncement, Early Adoption [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementEarlyAdoptionAxis" xlink:label="loc_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874" xlink:to="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionAxis_88246363BA8F1FF5468B71FCA32DB874" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Principles, Early Adoption [Domain]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364_label_en-US" xlink:label="lab_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Principles, Early Adoption [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPrinciplesEarlyAdoptionMember" xlink:label="loc_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364" xlink:to="lab_us-gaap_NewAccountingPrinciplesEarlyAdoptionMember_52B11CC80C3DAF4CBD1171FCA32DA364" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New accounting pronouncement, early adoption, effect [Member]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncement, Early Adoption, Effect [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember" xlink:label="loc_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069" xlink:to="lab_us-gaap_NewAccountingPronouncementEarlyAdoptionEffectMember_78C3A06156ECABF227D071FCA32DB069" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_B0E90D869154C5901DAF71FCA330580D_verboseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_B0E90D869154C5901DAF71FCA330580D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Statement, Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_B0E90D869154C5901DAF71FCA330580D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_B0E90D869154C5901DAF71FCA330580D" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_B0E90D869154C5901DAF71FCA330580D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock [Member]</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9" xlink:to="lab_us-gaap_CommonStockMember_8663F70B375E9D9C548A71FCA33163C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional capital in excess of par value [Member]</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_03E9602BA8AA26520DA971FCA3310DDE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings [Member]</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings, Unappropriated [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUnappropriatedMember" xlink:label="loc_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2" xlink:to="lab_us-gaap_RetainedEarningsUnappropriatedMember_BC16D973858A3FF0E7BA71FCA3329FB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_EC12883C95E9A7A6CE8271FCA333A32D_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_EC12883C95E9A7A6CE8271FCA333A32D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income (loss) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_EC12883C95E9A7A6CE8271FCA333A32D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_EC12883C95E9A7A6CE8271FCA333A32D" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_EC12883C95E9A7A6CE8271FCA333A32D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting standards update 2015-2 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2015-02 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingStandardsUpdate201502Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2" xlink:to="lab_us-gaap_AccountingStandardsUpdate201502Member_94B29964AAE4A1CDC74871FCA3336CB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting standards update 2016-9 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-09 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingStandardsUpdate201609Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651" xlink:to="lab_us-gaap_AccountingStandardsUpdate201609Member_388D1954CDE7D8B8152871FCA3334651" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6" xlink:to="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_D9DD278153ABF47E972471FCA33427C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balances (in shares)</link:label>
    <link:label id="lab_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0_label_en-US" xlink:label="lab_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0" xlink:to="lab_us-gaap_SharesOutstanding_862BC5D4E73ABFC6B48B71FCA3350ED0" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_1064424E5F5A5345F8B371FCA33605F4_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_1064424E5F5A5345F8B371FCA33605F4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balances</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_1064424E5F5A5345F8B371FCA33605F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_1064424E5F5A5345F8B371FCA33605F4" xlink:to="lab_us-gaap_StockholdersEquity_1064424E5F5A5345F8B371FCA33605F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative effect of adopting new accounting guidance</link:label>
    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect of New Accounting Principle in Period of Adoption</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B" xlink:to="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_C4376CF8218B34D60F3A71FCA3369E1B" xlink:type="arc" />
    <link:label id="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA_totalLabel_en-US" xlink:label="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Balances, Adjusted</link:label>
    <link:label id="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA_label_en-US" xlink:label="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent, Adjusted Balance</link:label>
    <link:label id="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA_documentation_en-US" xlink:label="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of stockholders' equity attributable to parent, after the cumulative effect adjustment of a new accounting principle applied in the period of adoption.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockholdersEquityAttributabletoParentAdjustedBalance" xlink:label="loc_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:to="lab_trow_StockholdersEquityAttributabletoParentAdjustedBalance_65272D05332BA1465EDE71FCA33606FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_B3C1E6C09DE0FE43DF8A71FCA3365871_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_B3C1E6C09DE0FE43DF8A71FCA3365871" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_B3C1E6C09DE0FE43DF8A71FCA3365871" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_B3C1E6C09DE0FE43DF8A71FCA3365871" xlink:to="lab_us-gaap_NetIncomeLoss_B3C1E6C09DE0FE43DF8A71FCA3365871" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net of tax</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_349C762712E27FE1EEF571FCA33618CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends declared</link:label>
    <link:label id="lab_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874_label_en-US" xlink:label="lab_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DividendsCash" xlink:label="loc_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874" xlink:to="lab_us-gaap_DividendsCash_C9D588CB213592F359D671FCA336E874" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock-based compensation plans activity</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued or Granted During Period, Share-based Compensation [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharebasedCompensationAbstract_3DD22F71A5CE98C824F971FCA337D32E" xlink:type="arc" />
    <link:label id="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C_terseLabel_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued upon option exercises (shares)</link:label>
    <link:label id="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C_label_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period Stock Options Exercised Net Of Shares For Tax Withholding Strike Price</link:label>
    <link:label id="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C_documentation_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A positive value represents the number of shares of stock issued during the period as a result of option exercises, net of shares withheld for the payment of withholding taxes and shares swapped for payment of strike price.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice" xlink:label="loc_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:to="lab_trow_StockIssuedDuringPeriodStockOptionsExercisedNetOfSharesForTaxWithholdingStrikePrice_0D5641AFA9E9418767C171FCA338A52C" xlink:type="arc" />
    <link:label id="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D_terseLabel_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued upon option exercises</link:label>
    <link:label id="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D_label_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period Value Stock Options Exercised Net of Tax Withholdings Strike Price</link:label>
    <link:label id="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D_documentation_en-US" xlink:label="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A positive value represents the value of stock issued as a result of the exercise of stock options less values of underlying shares swapped by the employee to pay the cost of the related stock option award and withheld to pay related income tax obligations.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice" xlink:label="loc_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:to="lab_trow_StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice_B143ED277B55F818619371FCA339E53D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued, net of shares withheld for taxes (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesOther" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesOther_8382084798EA2097732C71FCA339F0BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued, net of shares withheld for taxes</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueOther" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueOther_8D4B2FE0E754FD7AC2F771FCA3399281" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeiture of restricted awards (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Forfeited</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_64DAB2E4AB823946666871FCA3393F18" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeiture of restricted awards</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Restricted Stock Award, Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_75F38535C4C414DEC24771FCA3398E11" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net tax benefits</link:label>
    <link:label id="lab_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245_label_en-US" xlink:label="lab_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet" xlink:label="loc_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245" xlink:to="lab_us-gaap_AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet_C21BDD5EC253263B452671FCA339D245" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_FC6B205A784F1F16A04271FCA33B77E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Restricted stock units issued as dividend equivalents</link:label>
    <link:label id="lab_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919_label_en-US" xlink:label="lab_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Share-based Compensation, Paid-in-kind</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DividendsSharebasedCompensationPaidInKind" xlink:label="loc_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919" xlink:to="lab_us-gaap_DividendsSharebasedCompensationPaidInKind_1BD18C87F4ECD8D8D2B871FCA33B0919" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Common shares repurchased (shares)</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodShares_4B6B65E84344404D515671FCA33CC0B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Common shares repurchased</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_2F0FC615A04437FD25E671FCA33CD9C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_5B1652C1BCAD3A91455D71FCA33C4828_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_5B1652C1BCAD3A91455D71FCA33C4828" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balances (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_5B1652C1BCAD3A91455D71FCA33C4828" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_5B1652C1BCAD3A91455D71FCA33C4828" xlink:to="lab_us-gaap_SharesOutstanding_5B1652C1BCAD3A91455D71FCA33C4828" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_4971E7797CDFEDD52BFF71FCA33C72D6_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_4971E7797CDFEDD52BFF71FCA33C72D6" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balances</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_4971E7797CDFEDD52BFF71FCA33C72D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_4971E7797CDFEDD52BFF71FCA33C72D6" xlink:to="lab_us-gaap_StockholdersEquity_4971E7797CDFEDD52BFF71FCA33C72D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Temporary Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Temporary Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInTemporaryEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B" xlink:to="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_FF7E99C76E38B97052CB71FCA33CAE5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_220A7B36416DA0340DA171FCA33CF295_periodStartLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_220A7B36416DA0340DA171FCA33CF295" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balances attributable to redeemable non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_220A7B36416DA0340DA171FCA33CF295" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_220A7B36416DA0340DA171FCA33CF295" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_220A7B36416DA0340DA171FCA33CF295" xlink:type="arc" />
    <link:label id="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8_terseLabel_en-US" xlink:label="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of T. Rowe Price investment products upon adoption of new accounting guidance on January 1, 2016</link:label>
    <link:label id="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8_label_en-US" xlink:label="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect of New Accounting Principle in Period of Adoption, Redeemable Noncontrolling Interests</link:label>
    <link:label id="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8_documentation_en-US" xlink:label="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount after tax of (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests" xlink:label="loc_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:to="lab_trow_CumulativeEffectofNewAccountingPrincipleinPeriodofAdoptionRedeemableNoncontrollingInterests_7DE966747E210971E10E71FCA33EEFA8" xlink:type="arc" />
    <link:label id="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E_totalLabel_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Balances attributable to redeemable non-controlling interest, adjusted</link:label>
    <link:label id="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E_label_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Carrying Amount, Adjusted Balance</link:label>
    <link:label id="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E_documentation_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Carrying Amount, Adjusted Balance</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance" xlink:label="loc_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:to="lab_trow_RedeemableNoncontrollingInterestEquityCarryingAmountAdjustedBalance_FFE2FEF4B94C044A90B671FCA33F1D3E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_F4B9FA2B6197C5B1E55D71FCA33F79ED_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_F4B9FA2B6197C5B1E55D71FCA33F79ED" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to redeemable non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_F4B9FA2B6197C5B1E55D71FCA33F79ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_F4B9FA2B6197C5B1E55D71FCA33F79ED" xlink:to="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_F4B9FA2B6197C5B1E55D71FCA33F79ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss, net of tax, attributable to reedemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_09A2DC1DAB12EC6BF67171FCA33F13A4" xlink:type="arc" />
    <link:label id="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC_terseLabel_en-US" xlink:label="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net subscriptions into T. Rowe Price investment products</link:label>
    <link:label id="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC_label_en-US" xlink:label="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subscription From Redemption Distribution To Noncontrolling Interest</link:label>
    <link:label id="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC_documentation_en-US" xlink:label="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A positive value represents subscriptions net of redemptions and distributions to redeemable non-controlling interest holders of a less than wholly owned subsidiary.  A negative value represents redemptions and distributions paid to redeemable non-controlling interest holders net of subscriptions received.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" xlink:label="loc_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:to="lab_trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_C6423D72D8F5E06EED8771FCA33F84DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net deconsolidations of T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Decrease from Deconsolidation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation" xlink:label="loc_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475" xlink:to="lab_us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation_E4F90B1F4F03BCD09E5171FCA340A475" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9CFAC356C9B0D1B51D0671FCA34056CB_periodEndLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9CFAC356C9B0D1B51D0671FCA34056CB" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balances attributable to redeemable non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9CFAC356C9B0D1B51D0671FCA34056CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9CFAC356C9B0D1B51D0671FCA34056CB" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9CFAC356C9B0D1B51D0671FCA34056CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9BA2B168E382EA7A268171FC9BD6F368_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9BA2B168E382EA7A268171FC9BD6F368" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_QuarterlyFinancialInformationDisclosureAbstract" xlink:label="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9BA2B168E382EA7A268171FC9BD6F368" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9BA2B168E382EA7A268171FC9BD6F368" xlink:to="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9BA2B168E382EA7A268171FC9BD6F368" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C_terseLabel_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUPPLEMENTARY QUARTERLY FINANCIAL DATA (Unaudited)</link:label>
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_QuarterlyFinancialInformationTextBlock" xlink:label="loc_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C" xlink:to="lab_us-gaap_QuarterlyFinancialInformationTextBlock_1A0462602203F2B5DFF271FC9BD6A23C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Income [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable" xlink:label="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628" xlink:to="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_741123638C02EA01C89C71FCA0F13628" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends [Axis]</link:label>
    <link:label id="lab_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94_label_en-US" xlink:label="lab_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DividendsAxis" xlink:label="loc_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94" xlink:to="lab_us-gaap_DividendsAxis_A3E3C6628E326718E1AE71FCA0F2DC94" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends [Domain]</link:label>
    <link:label id="lab_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5_label_en-US" xlink:label="lab_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DividendsDomain" xlink:label="loc_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5" xlink:to="lab_us-gaap_DividendsDomain_F72FAE91EF1D0891CDD371FCA0F36AD5" xlink:type="arc" />
    <link:label id="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F_terseLabel_en-US" xlink:label="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends excluding capital gain distributions [Member]</link:label>
    <link:label id="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F_label_en-US" xlink:label="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary Dividend [Member]</link:label>
    <link:label id="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F_documentation_en-US" xlink:label="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ordinary Dividend [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OrdinaryDividendMember" xlink:label="loc_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:to="lab_trow_OrdinaryDividendMember_86C9D0E7EDEA6ECC209E71FCA0F3F91F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments by Category [Axis]</link:label>
    <link:label id="lab_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256_label_en-US" xlink:label="lab_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments by Category [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnInvestmentsByCategoryAxis" xlink:label="loc_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256" xlink:to="lab_us-gaap_GainLossOnInvestmentsByCategoryAxis_C3F20AF268E58D4FEC1371FCA0F4B256" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketable Securities and Investments Held at Cost [Domain]</link:label>
    <link:label id="lab_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B_label_en-US" xlink:label="lab_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities and Investments Held at Cost [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain" xlink:label="loc_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B" xlink:to="lab_us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain_43920291F162D0DAF0AE71FCA0F48E6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale sponsored investment portfolios [Member]</link:label>
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD" xlink:to="lab_us-gaap_AvailableforsaleSecuritiesMember_F1ACA5C2C0A5E69D4D5971FCA0F453BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Investment Income [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Investment Income [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems" xlink:label="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D" xlink:to="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_9C61C9E993E4F92D7E6C71FCA0F45B8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_0FA3AE7FE23BA889DC6871FCA0F41462_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_0FA3AE7FE23BA889DC6871FCA0F41462" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="loc_us-gaap_InvestmentIncomeDividend_0FA3AE7FE23BA889DC6871FCA0F41462" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeDividend_0FA3AE7FE23BA889DC6871FCA0F41462" xlink:to="lab_us-gaap_InvestmentIncomeDividend_0FA3AE7FE23BA889DC6871FCA0F41462" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss) Note [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0" xlink:to="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_4C7A8946F1025BE6C69A71FC9DA426C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EARNINGS PER SHARE CALCULATIONS</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_C14A5440118B35EFCB5871FC9DE68CD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable" xlink:label="loc_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA" xlink:to="lab_us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable_B3F750042108C36751F771FC9C744FFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739_label_en-US" xlink:label="lab_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739" xlink:to="lab_us-gaap_RangeAxis_32CB1EFDAFCAD0152E4C71FC9C74A739" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6_label_en-US" xlink:label="lab_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6" xlink:to="lab_us-gaap_RangeMember_68F28488C1BA35015C1071FC9C75D3E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:label id="lab_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15_label_en-US" xlink:label="lab_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15" xlink:to="lab_us-gaap_MaximumMember_371F123DB2D8A852786071FC9C77FA15" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C" xlink:to="lab_us-gaap_TitleOfIndividualAxis_7F8B545C4E4CB8C0207771FC9C77B91C" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_95AF688DFAC780F4D18271FC9C779C68" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2_terseLabel_en-US" xlink:label="lab_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior officers [Member]</link:label>
    <link:label id="lab_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2_label_en-US" xlink:label="lab_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Executive Officer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExecutiveOfficerMember" xlink:label="loc_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2" xlink:to="lab_us-gaap_ExecutiveOfficerMember_612B3B5F4524C7B9B96A71FC9C773EE2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Bonus and Profit Sharing Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Bonus and Profit Sharing Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD" xlink:to="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTypeOfDeferredCompensationAxis_F0410399ABF354E2FAB171FC9C7851CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Bonus and Profit Sharing Arrangement, Individual Contract, Type of Deferred Compensation [Domain]</link:label>
    <link:label id="lab_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A_label_en-US" xlink:label="lab_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Bonus and Profit Sharing Arrangement, Individual Contract, Type of Deferred Compensation [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain" xlink:label="loc_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A" xlink:to="lab_us-gaap_DeferredBonusAndProfitSharingArrangementIndividualContractTypeOfDeferredCompensationDomain_DBDF485132A7C0FEEBC271FC9C78B51A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Savings Plan [Member]</link:label>
    <link:label id="lab_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810_label_en-US" xlink:label="lab_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Bonus [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredBonusMember" xlink:label="loc_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810" xlink:to="lab_us-gaap_DeferredBonusMember_DA13803E8B9D24D22E3E71FC9C7AC810" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36" xlink:to="lab_us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems_76ADE298510E87F7E93071FC9C7A9E36" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense recognized for defined contribution retirement plans</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedContributionPlanCostRecognized" xlink:label="loc_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA" xlink:to="lab_us-gaap_DefinedContributionPlanCostRecognized_7E1AA3E303ED9499408871FC9C7B75CA" xlink:type="arc" />
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9_terseLabel_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferral percentage of cash incentive compensation</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9_label_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Cash Awards Granted, Percentage Deferred</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9_documentation_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Cash Awards Granted, Percentage Deferred</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred" xlink:label="loc_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:to="lab_trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred_1FFD49E2EE2826FE8A4271FC9C7B17C9" xlink:type="arc" />
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67_terseLabel_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Savings Plan, minimum deferral period</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67_label_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Initial Minimum Contractual Term</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67_documentation_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Initial Minimum Contractual Term</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm" xlink:label="loc_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:to="lab_trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm_63A0B3CAC2EF4F31AEAF71FC9C7B2A67" xlink:type="arc" />
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596_terseLabel_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Savings Plan, maximum deferral period</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596_label_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Initial Maximum Contractual Term</link:label>
    <link:label id="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596_documentation_en-US" xlink:label="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Initial Maximum Contractual Term</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm" xlink:label="loc_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:to="lab_trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm_B1B90A612D03EE75A72371FC9C7BC596" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of cash incentive compensation senior officers elected to defer</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC" xlink:to="lab_us-gaap_DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount_1B6C11F7CA5D8838379371FC9C7BE1DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030" xlink:to="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B0488615CBFB8878C16C71FCA2702030" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_3D761A471C563B2FC47271FCA2720355" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_D199EB6463B5F53D437671FCA2728D80" xlink:type="arc" />
    <link:label id="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60_terseLabel_en-US" xlink:label="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer and communications software and equipment [Member]</link:label>
    <link:label id="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60_label_en-US" xlink:label="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer And Communications Software And Equipment [Member]</link:label>
    <link:label id="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60_documentation_en-US" xlink:label="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long lived, depreciable assets used in the creation, maintenance, and utilization of information systems which include computers and peripherals, as well as capitalized costs of purchased software applications and capitalized costs to develop software for long-term internal use.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ComputerAndCommunicationsSoftwareAndEquipmentMember" xlink:label="loc_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:to="lab_trow_ComputerAndCommunicationsSoftwareAndEquipmentMember_B38E911A7267E621D67371FCA272EE60" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements [Member]</link:label>
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7_label_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building and Building Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="loc_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7" xlink:to="lab_us-gaap_BuildingAndBuildingImprovementsMember_D3178C2199D5E82AEC1371FCA272B7D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasehold improvements [Member]</link:label>
    <link:label id="lab_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992_label_en-US" xlink:label="lab_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasehold Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="loc_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992" xlink:to="lab_us-gaap_LeaseholdImprovementsMember_E064DD11F07AE280387671FCA272F992" xlink:type="arc" />
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3_terseLabel_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture and other equipment [Member]</link:label>
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3_label_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture and Fixtures [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="loc_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3" xlink:to="lab_us-gaap_FurnitureAndFixturesMember_65AF096307A81A244BE571FCA2728AA3" xlink:type="arc" />
    <link:label id="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A_terseLabel_en-US" xlink:label="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leased land [Member]</link:label>
    <link:label id="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A_label_en-US" xlink:label="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leased Land [Member]</link:label>
    <link:label id="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A_documentation_en-US" xlink:label="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leased Land [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_LeasedLandMember" xlink:label="loc_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:to="lab_trow_LeasedLandMember_107BE563C9CD6B90B58A71FCA273EC5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentLineItems_7E3371AE86AA4A98ADEF71FCA2748EEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful life</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_5744296C92D4FC903B1971FCA275B4BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurements summary</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_0AB3097558E4F1BE45FC71FCA0B47586" xlink:type="arc" />
    <link:label id="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39_terseLabel_en-US" xlink:label="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Table]</link:label>
    <link:label id="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39_label_en-US" xlink:label="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Table]</link:label>
    <link:label id="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39_documentation_en-US" xlink:label="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Table]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockholdersEquityNoteTable" xlink:label="loc_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:to="lab_trow_StockholdersEquityNoteTable_299BBCDB0617C8A37B5371FC9EB16D39" xlink:type="arc" />
    <link:label id="lab_trow_OrdinaryDividendMember_DA927F79E1243417959D71FC9EB30D12_verboseLabel_en-US" xlink:label="lab_trow_OrdinaryDividendMember_DA927F79E1243417959D71FC9EB30D12" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Regular cash dividend [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OrdinaryDividendMember" xlink:label="loc_trow_OrdinaryDividendMember_DA927F79E1243417959D71FC9EB30D12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OrdinaryDividendMember_DA927F79E1243417959D71FC9EB30D12" xlink:to="lab_trow_OrdinaryDividendMember_DA927F79E1243417959D71FC9EB30D12" xlink:type="arc" />
    <link:label id="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523_terseLabel_en-US" xlink:label="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Special cash dividend [Member]</link:label>
    <link:label id="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523_label_en-US" xlink:label="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Special Dividend [Member]</link:label>
    <link:label id="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523_documentation_en-US" xlink:label="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Special Dividend [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SpecialDividendMember" xlink:label="loc_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:to="lab_trow_SpecialDividendMember_22D7FC81FD5239B7020C71FC9EB4E523" xlink:type="arc" />
    <link:label id="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6_terseLabel_en-US" xlink:label="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Line Items]</link:label>
    <link:label id="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6_label_en-US" xlink:label="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note [Line Items]</link:label>
    <link:label id="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6_documentation_en-US" xlink:label="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Stockholders' Equity Note [Table]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockholdersEquityNoteLineItems" xlink:label="loc_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:to="lab_trow_StockholdersEquityNoteLineItems_6269D0E483EBB432E53671FC9EB4ADC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares authorized for future repurchase (shares)</link:label>
    <link:label id="lab_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased" xlink:label="loc_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34" xlink:to="lab_us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_9F0B9A3C34F8818EEE3D71FC9EB4FC34" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash dividends declared per share</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_709EE7D1D8CC1B5710CB71FC9EB4DB3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash dividends paid per share</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Cash Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F" xlink:to="lab_us-gaap_CommonStockDividendsPerShareCashPaid_179BFDCF03C0B822582B71FC9EB42F7F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA_terseLabel_en-US" xlink:label="lab_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted stockholders' equity</link:label>
    <link:label id="lab_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA_label_en-US" xlink:label="lab_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries" xlink:label="loc_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA" xlink:to="lab_us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_427946880CB6C2D7F2DD71FC9EB4F3AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_03B64AA3324D45CC120971FCA3838210" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0A41940BBCF317378D6971FCA386A838" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2" xlink:to="lab_us-gaap_ShareBasedCompensation_0F8D86BF4A0DA402C71971FCA38657D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Realized gains on dispositions of available-for-sale T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Gross Realized Gains</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_F9C924E086FB5E62E69071FCA386F1F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gains recognized upon transfer of an investment in a T. Rowe Price mutual fund from available-for-sale to held as trading</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Transfers to Trading, Gross Gains</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_A162953C2E089F23F28F71FCA3865802" xlink:type="arc" />
    <link:label id="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3_negatedTerseLabel_en-US" xlink:label="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net gains recognized on other investments</link:label>
    <link:label id="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3_label_en-US" xlink:label="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Gains (Losses) Recognized on Investments</link:label>
    <link:label id="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3_documentation_en-US" xlink:label="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Gains (Losses) Recognized on Investments</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_NetGainsLossesRecognizedonInvestments" xlink:label="loc_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:to="lab_trow_NetGainsLossesRecognizedonInvestments_E5CA03E9CEFC07CE64E871FCA3884FA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in T. Rowe Price mutual funds held as trading to economically hedge supplemental savings plan liability</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments for) Trading Securities, Short-term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForTradingSecurities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963" xlink:to="lab_us-gaap_ProceedsFromPaymentsForTradingSecurities_2E4606B9103AFBB7E0A171FCA388D963" xlink:type="arc" />
    <link:label id="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7_negatedLabel_en-US" xlink:label="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net change in trading securities held by consolidated T. Rowe Price investment products</link:label>
    <link:label id="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7_label_en-US" xlink:label="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Trading Securities, Consolidated Sponsored Investment Portfolios</link:label>
    <link:label id="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7_documentation_en-US" xlink:label="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Trading Securities, Consolidated Sponsored Investment Portfolios</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:to="lab_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_B0666DD80AA38A275C2271FCA38987F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Changes in accounts receivable and accrued revenue</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_C4C2DA7098DB4E53CA6571FCA389E575" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in payables and accrued liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_6156E4C6B8D62726EBF571FCA389A210" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other changes in assets and liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_8575965371168BEA26C271FCA389CE07" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_5D3877DFB51774C59E5C71FCA389EE88_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_5D3877DFB51774C59E5C71FCA389EE88" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_5D3877DFB51774C59E5C71FCA389EE88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_5D3877DFB51774C59E5C71FCA389EE88" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_5D3877DFB51774C59E5C71FCA389EE88" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_76B3FE9D7AAA22322D0971FCA38A43F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of available-for-sale T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Available-for-sale Securities, Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity_4531DD834BF6C75A98CB71FCA38BE5E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dispositions of available-for-sale T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Available-for-sale Securities, Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity" xlink:label="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30" xlink:to="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity_10670BF9ABEE5398073F71FCA38BDF30" xlink:type="arc" />
    <link:label id="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780_terseLabel_en-US" xlink:label="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash of T. Rowe Price investment products on consolidation (deconsolidation)</link:label>
    <link:label id="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780_label_en-US" xlink:label="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios</link:label>
    <link:label id="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780_documentation_en-US" xlink:label="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net cash inflow (outflow) associated with the consolidation (deconsolidation) of sponsored investment portfolios.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios" xlink:label="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:to="lab_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_9F730F093BBBFF5D35B471FCA38CA780" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Additions to property and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_C59BA8F39A20BE80930471FCA38CC555" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other investing activity</link:label>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Other Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2C6E584385E6B8E19A1F71FCA38C76C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_676AC809600E57B62B5171FCA38C8EBF_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_676AC809600E57B62B5171FCA38C8EBF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) investing activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_676AC809600E57B62B5171FCA38C8EBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_676AC809600E57B62B5171FCA38C8EBF" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_676AC809600E57B62B5171FCA38C8EBF" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E06C58473999FE1100AE71FCA38C493E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repurchases of common stock</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_56DFF623E97CECB1F6C471FCA38E78E9" xlink:type="arc" />
    <link:label id="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E_terseLabel_en-US" xlink:label="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common share issuances under stock-based compensation plans</link:label>
    <link:label id="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E_label_en-US" xlink:label="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from stock options exercised, net of payments for repurchase of common stock for employee tax withholding obligations and strike price</link:label>
    <link:label id="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E_documentation_en-US" xlink:label="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash inflow associated with the amount received from holders exercising their stock options net of 1) shares swapped by the employee to pay the cost of related employee stock option awards and 2) cash outflows paid by the company to cover an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately.  A positive value represents cash inflows in excess of cash outflows listed.  A negative value represents cash outflows in excess of the cash inflow described.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice" xlink:label="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:to="lab_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_447DCB8D50C1369CE34671FCA38EF23E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid to common stock and equity-award holders</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A" xlink:to="lab_us-gaap_PaymentsOfDividends_0328171B3B565D773D6171FCA38EEC0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net subscriptions received from redeemable non-controlling interest holders</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments to) Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsToMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA" xlink:to="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_274B9CD4699BD502D62E71FCA38E2FEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_EFA1B091902D6E7F2D1471FCA38F1B0A_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_EFA1B091902D6E7F2D1471FCA38F1B0A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_EFA1B091902D6E7F2D1471FCA38F1B0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_EFA1B091902D6E7F2D1471FCA38F1B0A" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_EFA1B091902D6E7F2D1471FCA38F1B0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_F32C61BFA8534D006AE471FCA38F7D12_verboseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_F32C61BFA8534D006AE471FCA38F7D12" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_F32C61BFA8534D006AE471FCA38F7D12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_F32C61BFA8534D006AE471FCA38F7D12" xlink:to="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_F32C61BFA8534D006AE471FCA38F7D12" xlink:type="arc" />
    <link:label id="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777_periodStartLabel_en-US" xlink:label="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at beginning of year</link:label>
    <link:label id="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777_label_en-US" xlink:label="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value, Including Consolidated Sponsored Investment Portfolios</link:label>
    <link:label id="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777_documentation_en-US" xlink:label="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value, Including Consolidated Sponsored Investment Portfolios</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:to="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_3C0B23FF614CAA53B24D71FCA38F5777" xlink:type="arc" />
    <link:label id="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_857240D1EC1E16A1834771FCA39108CE_periodEndLabel_en-US" xlink:label="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_857240D1EC1E16A1834771FCA39108CE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at end of year</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_857240D1EC1E16A1834771FCA39108CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_857240D1EC1E16A1834771FCA39108CE" xlink:to="lab_trow_CashandCashEquivalentsatCarryingValueIncludingConsolidatedSponsoredInvestmentPortfolios_857240D1EC1E16A1834771FCA39108CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE" xlink:to="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_9C7A5A4B751CB266D37D71FC9C0D27EE" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Attributable to T. Rowe Price Group [Member]</link:label>
    <link:label id="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48_label_en-US" xlink:label="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Entities, Excluding Sponsored Investment Portfolios [Member]</link:label>
    <link:label id="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48_documentation_en-US" xlink:label="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Entities, Excluding Sponsored Investment Portfolios [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember" xlink:label="loc_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:to="lab_trow_ConsolidatedEntitiesExcludingSponsoredInvestmentPortfoliosMember_7FF289DDCF1341AD80E571FC9C118A48" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908" xlink:to="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_7DB8231523F8B02C97B271FC9C162908" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_46C8437F40901122B9EC71FC9C182BB6_negatedLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_46C8437F40901122B9EC71FC9C182BB6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Realized gains on dispositions of available-for-sale sponsored investment portfolios</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_46C8437F40901122B9EC71FC9C182BB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_46C8437F40901122B9EC71FC9C182BB6" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_46C8437F40901122B9EC71FC9C182BB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_6FC2B0C70E2C80D2768971FC9C18A7DE_negatedLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_6FC2B0C70E2C80D2768971FC9C18A7DE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gains recognized upon transfer of an available-for-sale T. Rowe Price investment products to T. Rowe Price investment products held as trading</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_6FC2B0C70E2C80D2768971FC9C18A7DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_6FC2B0C70E2C80D2768971FC9C18A7DE" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesTransfersToTradingGrossGains_6FC2B0C70E2C80D2768971FC9C18A7DE" xlink:type="arc" />
    <link:label id="lab_trow_NetGainsLossesRecognizedonInvestments_FDE3732346F1BB94938B71FC9C19E208_negatedLabel_en-US" xlink:label="lab_trow_NetGainsLossesRecognizedonInvestments_FDE3732346F1BB94938B71FC9C19E208" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net gains recognized on investments</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_NetGainsLossesRecognizedonInvestments" xlink:label="loc_trow_NetGainsLossesRecognizedonInvestments_FDE3732346F1BB94938B71FC9C19E208" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_NetGainsLossesRecognizedonInvestments_FDE3732346F1BB94938B71FC9C19E208" xlink:to="lab_trow_NetGainsLossesRecognizedonInvestments_FDE3732346F1BB94938B71FC9C19E208" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5104ACADEE421E63A63B71FC9C1E2658_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5104ACADEE421E63A63B71FC9C1E2658" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) investing activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5104ACADEE421E63A63B71FC9C1E2658" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5104ACADEE421E63A63B71FC9C1E2658" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_5104ACADEE421E63A63B71FC9C1E2658" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848_terseLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unremitted earnings of foreign subsidiaries</link:label>
    <link:label id="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848_label_en-US" xlink:label="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings of Foreign Subsidiaries</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="loc_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848" xlink:to="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_CE10A81BE901ADDF0EBD72B735ACA848" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax refund receivables</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB" xlink:to="lab_us-gaap_IncomeTaxReceivable_EF25E3EAA4936484140672B735B1DBDB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income taxes paid</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_047159AC463BA7E2938772B735B14DEE" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113_terseLabel_en-US" xlink:label="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional income tax benefit arising from stock-based compensation</link:label>
    <link:label id="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113_label_en-US" xlink:label="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation, Excess Tax Benefit Realized From Exercise Of Stock Options</link:label>
    <link:label id="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113_documentation_en-US" xlink:label="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of the excess tax benefit realized relative to recognized stock-based compensation expense from the exercise of stock options and the conversion of similar instruments during the annual period.  Prior to adoption of ASU 2016-9 excess tax benefits were recognized as a reduction of taxes payable and an increase to additional paid in capital.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions" xlink:label="loc_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:to="lab_trow_EmployeeServiceShareBasedCompensationExcessTaxBenefitRealizedFromExerciseOfStockOptions_7712CF6B77260DBBC78472B735B10113" xlink:type="arc" />
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3_terseLabel_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net tax benefits reducing income tax provision</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3_label_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit (Tax Shortfall), Amount</link:label>
    <link:label id="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3_documentation_en-US" xlink:label="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit (Tax Shortfall), Amount</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" xlink:label="loc_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:to="lab_trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_16E30BDF5549A230C0A272B735B169A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net interest payable related to unrecognized tax benefits</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Interest on Income Taxes Accrued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_6B1203A7E3430DA479C072B735B14B13" xlink:type="arc" />
    <link:label id="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_24E958B7187A8D0C6E0D72B735B1256A_totalLabel_en-US" xlink:label="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_24E958B7187A8D0C6E0D72B735B1256A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income tax provision related to the tax law changes</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_24E958B7187A8D0C6E0D72B735B1256A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_24E958B7187A8D0C6E0D72B735B1256A" xlink:to="lab_trow_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_24E958B7187A8D0C6E0D72B735B1256A" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_5C1F820222B22943369F71FC9DC07319_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_5C1F820222B22943369F71FC9DC07319" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to T. Rowe Price Group</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_5C1F820222B22943369F71FC9DC07319" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_5C1F820222B22943369F71FC9DC07319" xlink:to="lab_us-gaap_NetIncomeLoss_5C1F820222B22943369F71FC9DC07319" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB_terseLabel_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: net income allocated to outstanding restricted stock and stock unit holders (basic)</link:label>
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB_label_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participating Securities, Distributed and Undistributed Earnings (Loss), Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB" xlink:to="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_B4F1837FBCD0CF5A93E471FC9DC04BCB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371_terseLabel_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: net income allocated to outstanding restricted stock and stock unit holders (diluted)</link:label>
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371_label_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371" xlink:to="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_C752BBD7109AFAF3002171FC9DC02371" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income allocated to common stockholders (basic)</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F8D856BD1871453DEB3C71FC9DC06354" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income allocated to common stockholders (diluted)</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Available to Common Stockholders, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_F46257A5B26F398A7F3771FC9DC03455" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average common shares</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding Reconciliation [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_B77A50D25A3FD5B54BE671FC9DC142C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_553CE1E629527F70171A71FC9DC1F4BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding assuming dilution (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_473282075FF859859EB171FC9DC22E55" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average outstanding stock options excluded (in shares)</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_13AD2A89A7759F2D27F171FC9DC39132" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C_terseLabel_en-US" xlink:label="lab_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock compensation plan [Member]</link:label>
    <link:label id="lab_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C_label_en-US" xlink:label="lab_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Compensation Plan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockCompensationPlanMember" xlink:label="loc_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C" xlink:to="lab_us-gaap_StockCompensationPlanMember_AD93EF1E54AA01EC8E3F71FC9E7EB59C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee stock purchase [Member]</link:label>
    <link:label id="lab_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00_label_en-US" xlink:label="lab_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeStockMember" xlink:label="loc_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00" xlink:to="lab_us-gaap_EmployeeStockMember_3C5695D9B43AD02DB24571FC9E7ECE00" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares of common stock authorized for issuance (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E_label_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Capital Shares Reserved for Future Issuance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E" xlink:to="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_CF6723D6E19F57FA7CA571FC9E7E260E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936" xlink:to="lab_us-gaap_InvestmentTypeAxis_8DD9A30C614D3563ACBE71FC9FF43936" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_6BEEE6A8826D757A600471FC9FF42052" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity securities [Member]</link:label>
    <link:label id="lab_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE" xlink:to="lab_us-gaap_EquitySecuritiesMember_6D0BD5E5CE82578FFB7471FC9FF5E8BE" xlink:type="arc" />
    <link:label id="lab_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98_terseLabel_en-US" xlink:label="lab_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed income securities [Member]</link:label>
    <link:label id="lab_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98_label_en-US" xlink:label="lab_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Income Investments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FixedIncomeInvestmentsMember" xlink:label="loc_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98" xlink:to="lab_us-gaap_FixedIncomeInvestmentsMember_47C77491D022A3AD274E71FC9FF5BE98" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments [Member]</link:label>
    <link:label id="lab_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39_label_en-US" xlink:label="lab_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other than Securities Investment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherThanSecuritiesInvestmentMember" xlink:label="loc_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39" xlink:to="lab_us-gaap_OtherThanSecuritiesInvestmentMember_3EA24794A26547C61DEB71FC9FF58E39" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingSecurities_E264FF5620D70A00F19A71FC9FFADFD2_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_E264FF5620D70A00F19A71FC9FFADFD2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trading investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_E264FF5620D70A00F19A71FC9FFADFD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_E264FF5620D70A00F19A71FC9FFADFD2" xlink:to="lab_us-gaap_TradingSecurities_E264FF5620D70A00F19A71FC9FFADFD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial and Nonfinancial Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_9785039A33B5CAB2349671FC9FFA41D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29_terseLabel_en-US" xlink:label="lab_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land [Member]</link:label>
    <link:label id="lab_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29_label_en-US" xlink:label="lab_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LandMember" xlink:label="loc_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29" xlink:to="lab_us-gaap_LandMember_3189231F31136F26202571FC9FB4DB29" xlink:type="arc" />
    <link:label id="lab_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D_terseLabel_en-US" xlink:label="lab_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and related costs attributable to the development of computer software for internal use [Member]</link:label>
    <link:label id="lab_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D_label_en-US" xlink:label="lab_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Software Development [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SoftwareDevelopmentMember" xlink:label="loc_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D" xlink:to="lab_us-gaap_SoftwareDevelopmentMember_0A40CA25AE84226C107971FC9FB4416D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, gross</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross_1A2AF009D629CBF148DD71FC9FB5CCD5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less accumulated depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_89B46B3D79BE6896BE3A71FC9FB6083A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_D60A4188F771B322ACD271FC9FB71B47" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, additions</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Additions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAdditions" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAdditions_1BA2B0B5BA383718D6E071FC9FB7A8E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">STOCKHOLDERS&#8217; EQUITY</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED" xlink:to="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_96EFE9A044423613703571FC9EC72FED" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of supplementary quarterly financial data</link:label>
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE_label_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE" xlink:to="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_149D448F68A12A7FDB8E71FC9BC05CBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options [Member]</link:label>
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361" xlink:to="lab_us-gaap_EmployeeStockOptionMember_8615D36DE7796DDF95B471FC9E5E1361" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_20CC4243A2134DBB89CE71FC9E606149" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding at December 31, 2016 (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CA2B3F62EE2BB8BE3A2871FC9E608BA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Exercised (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AFBA026C37A393B4542D71FC9E60E4C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_CAC3C34809275446C67D71FC9E60C212" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Expired (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_8F238BDD592CC5D91E1671FC9E6075BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_84936C47E8DD84D27CAB71FC9E6168CD_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_84936C47E8DD84D27CAB71FC9E6168CD" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding at December 31, 2017 (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_84936C47E8DD84D27CAB71FC9E6168CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_84936C47E8DD84D27CAB71FC9E6168CD" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_84936C47E8DD84D27CAB71FC9E6168CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable at December 31, 2017 (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_371AA56D20E18732F8CC71FC9E61D7EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_DD17F4593B07CE198A1371FC9E6291B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options outstanding at December 31, 2016 (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2310E6A872C09FB5B01C71FC9E63F8B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options exercised (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_404C39FFF6401A9D543C71FC9E63DAA7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options forfeited (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_CEF2CC7806F95D56D5A171FC9E634CFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options expired (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_C9F61323C9149C50C4BF71FC9E632EF1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_F2D0BA2E38FA78B39B4B71FC9E63C81C_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_F2D0BA2E38FA78B39B4B71FC9E63C81C" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options outstanding at December 31, 2017 (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_F2D0BA2E38FA78B39B4B71FC9E63C81C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_F2D0BA2E38FA78B39B4B71FC9E63C81C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_F2D0BA2E38FA78B39B4B71FC9E63C81C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average exercise price of options exercisable at December 31, 2017 (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_281317EC72DACEA17D8F71FC9E6320BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average remaining contractual term in years, outstanding</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_EED96EEC3CF41ACC83F371FC9E64FBB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average remaining contractual term in years, exercisable</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_60D786F6B88D46F607CC71FC9E658D84" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total intrinsic value of options exercised</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B02B8C8EE5E5B00083CC71FC9E662A76" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate intrinsic value of in-the-money options outstanding</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_47B3F2D7C2E736433B4271FC9E660168" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate intrinsic value of options exercisable</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_2724B704206F25631E6F71FC9E6602E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_EB5C0AF398FDD396024971FC9D78F392" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_8F89EA4315BB52F4C73871FC9D7CBE64" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax benefits (income taxes) on other comprehensive income before reclassifications</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) before Reclassifications, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_7FB942F122224607CBA571FC9D7C0F9B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax benefits (income taxes) on reclassifications from AOCI</link:label>
    <link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C_label_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification from AOCI, Current Period, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationFromAociCurrentPeriodTax" xlink:label="loc_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C" xlink:to="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_A550A14B64B9708E077371FC9D7FDE1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total net deferred tax benefits (income taxes)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_A2404402E6D726B9C82471FC9D7FAB70" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_A9472F5352716AE939AA71FC9CC71D72_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_A9472F5352716AE939AA71FC9CC71D72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_A9472F5352716AE939AA71FC9CC71D72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_A9472F5352716AE939AA71FC9CC71D72" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_A9472F5352716AE939AA71FC9CC71D72" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">COMMITMENTS AND CONTINGENCIES</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_3B9C3776DC498833EE6E71FC9CC8878B" xlink:type="arc" />
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41_terseLabel_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41_label_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios [Text Block]</link:label>
    <link:label id="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41_documentation_en-US" xlink:label="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Sponsored Investment Portfolios [Text Block]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock" xlink:label="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:to="lab_trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock_0C2B8E9E59C1D776300871FCA089BE41" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk [Table]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTable" xlink:label="loc_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A" xlink:to="lab_us-gaap_ConcentrationRiskTable_A1300F4B21DF89893C6271FCA1A8A75A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B_terseLabel_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B_label_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="loc_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B" xlink:to="lab_us-gaap_StatementGeographicalAxis_1164FEF2B0D9B5DCA21771FCA1A80F6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84_label_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="loc_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84" xlink:to="lab_us-gaap_SegmentGeographicalDomain_B8397CFA5A93178BF59F71FCA1A88D84" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB_terseLabel_en-US" xlink:label="lab_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outside U.S. [Member]</link:label>
    <link:label id="lab_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB_label_en-US" xlink:label="lab_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-US [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonUsMember" xlink:label="loc_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB" xlink:to="lab_us-gaap_NonUsMember_054C92A0872333D5727A71FCA1AAF0DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Axis]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="loc_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88" xlink:to="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5203990C3B840B6FE73571FCA1ABCC88" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Domain]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskBenchmarkDomain" xlink:label="loc_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA" xlink:to="lab_us-gaap_ConcentrationRiskBenchmarkDomain_BA74437F60C3F0D88FBC71FCA1ABBAAA" xlink:type="arc" />
    <link:label id="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D_terseLabel_en-US" xlink:label="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets under management [Member]</link:label>
    <link:label id="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D_label_en-US" xlink:label="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Under Management [Member]</link:label>
    <link:label id="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D_documentation_en-US" xlink:label="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Under Management [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AssetsUnderManagementMember" xlink:label="loc_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:to="lab_trow_AssetsUnderManagementMember_9CB01EA16580010F0D0671FCA1ABFE7D" xlink:type="arc" />
    <link:label id="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0_terseLabel_en-US" xlink:label="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment advisory clients [Member]</link:label>
    <link:label id="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0_label_en-US" xlink:label="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Advisory Clients [Member]</link:label>
    <link:label id="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0_documentation_en-US" xlink:label="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Advisory Clients [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_InvestmentAdvisoryClientsMember" xlink:label="loc_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:to="lab_trow_InvestmentAdvisoryClientsMember_CC05F05BA00706A5252C71FCA1AB58E0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74" xlink:to="lab_us-gaap_ConcentrationRiskByTypeAxis_32F11E22EF01C686B1BE71FCA1AD8A74" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73" xlink:to="lab_us-gaap_ConcentrationRiskTypeDomain_CD2417EA716212AB682871FCA1AD1C73" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F_terseLabel_en-US" xlink:label="lab_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographic concentration [Member]</link:label>
    <link:label id="lab_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F_label_en-US" xlink:label="lab_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Concentration Risk [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GeographicConcentrationRiskMember" xlink:label="loc_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F" xlink:to="lab_us-gaap_GeographicConcentrationRiskMember_5EBB4AECCBF348B675EE71FCA1AE448F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk [Line Items]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskLineItems" xlink:label="loc_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B" xlink:to="lab_us-gaap_ConcentrationRiskLineItems_5A56BA6295A545B9DBE271FCA1AE909B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration risk, percentage</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC" xlink:to="lab_us-gaap_ConcentrationRiskPercentage1_3BD69E09617A84E97C7E71FCA1AE76AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_46AF20E525B4D54A0B1971FC9F841476" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B" xlink:to="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_34366BE7B12885CDD4C071FCA1274C3B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_37CCF773FAAC7390BE8271FCA1289E1E" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_FDC47019965948AEF7C671FCA12A2E69" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577_terseLabel_en-US" xlink:label="lab_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock and blended asset funds [Member]</link:label>
    <link:label id="lab_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577_label_en-US" xlink:label="lab_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Funds [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityFundsMember" xlink:label="loc_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577" xlink:to="lab_us-gaap_EquityFundsMember_FBC3DADB40D38F41B0DF71FCA12A7577" xlink:type="arc" />
    <link:label id="lab_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD_terseLabel_en-US" xlink:label="lab_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bond funds [Member]</link:label>
    <link:label id="lab_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD_label_en-US" xlink:label="lab_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Income Funds [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:label="loc_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD" xlink:to="lab_us-gaap_FixedIncomeFundsMember_D49BF83BE62A27F84A0871FCA12A20AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166" xlink:to="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_6B8E6EEFB6F4E3594E8D71FCA12A6166" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Aggregate cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Equity Securities, Amortized Cost Basis</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis" xlink:label="loc_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854" xlink:to="lab_us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis_52B62603D13A19103F1371FCA12AF854" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized holding gains</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="loc_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA" xlink:to="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5E6BA4B786EC50F4FF6171FCA12BABBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3_negatedLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrealized holding losses</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="loc_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3" xlink:to="lab_us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax_1B9A8F9A5FA0E6324E7C71FCA12B10A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_E5B5A85AC8486886C61071FCA12B0B63_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_E5B5A85AC8486886C61071FCA12B0B63" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Aggregate fair value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesEquitySecurities_E5B5A85AC8486886C61071FCA12B0B63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesEquitySecurities_E5B5A85AC8486886C61071FCA12B0B63" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesEquitySecurities_E5B5A85AC8486886C61071FCA12B0B63" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of distinct operating segments through which we internally conduct and manage our operations</link:label>
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB_label_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Operating Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB" xlink:to="lab_us-gaap_NumberOfOperatingSegments_17C538ADE3C40EB70ED371FCA25C83BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of distinct operating segments through which we report our operations</link:label>
    <link:label id="lab_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Reportable Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99" xlink:to="lab_us-gaap_NumberOfReportableSegments_39E1ABCCF76037D22C4571FCA25C6E99" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of reportable business segments and units to which goodwill is attributed (reporting unit)</link:label>
    <link:label id="lab_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D_label_en-US" xlink:label="lab_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Reporting Units</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportingUnits" xlink:label="loc_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D" xlink:to="lab_us-gaap_NumberOfReportingUnits_690E2CC5F8EC0D748F8671FCA25C618D" xlink:type="arc" />
    <link:label id="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822_terseLabel_en-US" xlink:label="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Duration of fund holding unrealized loss between quarter-ends generally presumed to represent other than temporary impairment</link:label>
    <link:label id="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822_label_en-US" xlink:label="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available For Sale Equity Securities In Unrealized Loss Position, Qualitative Disclosure, Other Than Temporary Impairment Policy, Loss Term</link:label>
    <link:label id="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822_documentation_en-US" xlink:label="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The period of time between quarter ends after which available-for-sale equity securities in a continuous unrealized loss position will generally be considered other than temporarily impaired under the company's impairment policy.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm" xlink:label="loc_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:to="lab_trow_AvailableForSaleEquitySecuritiesInUnrealizedLossPositionQualitativeDisclosureOtherThanTemporaryImpairmentPolicyLossTerm_EB1C34BB135201416CCC71FCA2829822" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4" xlink:to="lab_us-gaap_AssetsAbstract_795F9780D85EADD03BF171FCA441F9E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and accrued revenue</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9" xlink:to="lab_us-gaap_AccountsReceivableNet_9C1907A5ACCC3B514FA571FCA441B2E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_8A252C44A284D84BCFA371FCA4439495_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_8A252C44A284D84BCFA371FCA4439495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets of consolidated T. Rowe Price investment products ($1,446.1 million at December 31, 2016, and $1,839.6 million at December 31, 2017, related to variable interest entities)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_8A252C44A284D84BCFA371FCA4439495" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_8A252C44A284D84BCFA371FCA4439495" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_8A252C44A284D84BCFA371FCA4439495" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_606839ABBE88BC333BEA71FCA4440D1B_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_606839ABBE88BC333BEA71FCA4440D1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_606839ABBE88BC333BEA71FCA4440D1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_606839ABBE88BC333BEA71FCA4440D1B" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_606839ABBE88BC333BEA71FCA4440D1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60_label_en-US" xlink:label="lab_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60" xlink:to="lab_us-gaap_Goodwill_6833516A0B8BCE0B1B9271FCA4446D60" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D" xlink:to="lab_us-gaap_LiabilitiesAbstract_9B43F1AF8CC98206B2E771FCA445206D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Other Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableAndOtherAccruedLiabilities" xlink:label="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D" xlink:to="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_6EB0349FB913EEA270F071FCA4451C6D" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_97731AB1596D0110DEEE71FCA4462270_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_97731AB1596D0110DEEE71FCA4462270" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities of consolidated T. Rowe Price investment products ($56.8 million at December 31, 2016, and $39.5 million at December 31, 2017, related to variable interest entities)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_97731AB1596D0110DEEE71FCA4462270" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_97731AB1596D0110DEEE71FCA4462270" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_97731AB1596D0110DEEE71FCA4462270" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued compensation and related costs</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_992F2C2D18B015E9A4C471FCA4474C13" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental savings plan liability</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Recorded Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA" xlink:to="lab_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_6097349DE496753D6E6471FCA44766EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes payable</link:label>
    <link:label id="lab_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA_label_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="loc_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA" xlink:to="lab_us-gaap_AccruedIncomeTaxes_909BE30A270D16B216B971FCA44701FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_C5DDDAB41E75D37388EC71FCA44798C3_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_C5DDDAB41E75D37388EC71FCA44798C3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_C5DDDAB41E75D37388EC71FCA44798C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_C5DDDAB41E75D37388EC71FCA44798C3" xlink:to="lab_us-gaap_Liabilities_C5DDDAB41E75D37388EC71FCA44798C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and contingent liabilities</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D" xlink:to="lab_us-gaap_CommitmentsAndContingencies_473F1CCC4EA12DD8D5E871FCA447863D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_C6AA26D40BA8A8BA02EB71FCA44896E9_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_C6AA26D40BA8A8BA02EB71FCA44896E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_C6AA26D40BA8A8BA02EB71FCA44896E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_C6AA26D40BA8A8BA02EB71FCA44896E9" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_C6AA26D40BA8A8BA02EB71FCA44896E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">STOCKHOLDERS&#8217; EQUITY</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038" xlink:to="lab_us-gaap_StockholdersEquityAbstract_03445C639AC0A588F84471FCA449A038" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, undesignated, $.20 par value&#8212; authorized and unissued 20,000,000 shares</link:label>
    <link:label id="lab_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99" xlink:to="lab_us-gaap_PreferredStockValue_6E9F88CF8E732DD003F771FCA4497A99" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, $.20 par value&#8212;authorized 750,000,000; issued 244,784,000 shares at December 31, 2016, and 245,111,000 at December 31, 2017</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE" xlink:to="lab_us-gaap_CommonStockValue_8C891F9EC67CF392E54871FCA44A9FDE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional capital in excess of par value</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B" xlink:to="lab_us-gaap_AdditionalPaidInCapitalCommonStock_2D07599940A64990A1FC71FCA44AC57B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings, Unappropriated</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="loc_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10" xlink:to="lab_us-gaap_RetainedEarningsUnappropriated_22994D83B8837B297F0E71FCA44A0D10" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_ADCD307393310ECB580371FCA44A9F87" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_1FE18ABBDF7462900ABF71FCA44A7416_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_1FE18ABBDF7462900ABF71FCA44A7416" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total permanent stockholders' equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_1FE18ABBDF7462900ABF71FCA44A7416" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_1FE18ABBDF7462900ABF71FCA44A7416" xlink:to="lab_us-gaap_StockholdersEquity_1FE18ABBDF7462900ABF71FCA44A7416" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities, redeemable non-controlling interests and permanent stockholders&#8217; equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_DCD8D21A1ACFDC3FB9BF71FCA44C3B40" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Support to Nonconsolidated Legal Entity [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4_label_en-US" xlink:label="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Support to Nonconsolidated Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis" xlink:label="loc_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4" xlink:to="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_BA53A0F6626CAD20C54271FCA1CBBEC4" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Support to Nonconsolidated Legal Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848_label_en-US" xlink:label="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Support to Nonconsolidated Legal Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain" xlink:label="loc_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848" xlink:to="lab_us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_8874142808615DD5CF4A71FCA1CCF848" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Waived money market related fees [Member]</link:label>
    <link:label id="lab_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864_label_en-US" xlink:label="lab_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Support, Waived Fees [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialSupportWaivedFeesMember" xlink:label="loc_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864" xlink:to="lab_us-gaap_FinancialSupportWaivedFeesMember_204140799DE0307209B671FCA1CCE864" xlink:type="arc" />
    <link:label id="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF_terseLabel_en-US" xlink:label="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investment products [Member]</link:label>
    <link:label id="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF_label_en-US" xlink:label="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Portfolios [Member]</link:label>
    <link:label id="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF_documentation_en-US" xlink:label="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other portfolios</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherPortfoliosMember" xlink:label="loc_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:to="lab_trow_OtherPortfoliosMember_05C8011DAEF6AE292C2071FCA1CE2DCF" xlink:type="arc" />
    <link:label id="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C_terseLabel_en-US" xlink:label="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other T. Rowe Price investment products [Member]</link:label>
    <link:label id="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C_label_en-US" xlink:label="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Sponsored Investment Portfolios [Member]</link:label>
    <link:label id="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C_documentation_en-US" xlink:label="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Sponsored Investment Portfolios [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherSponsoredInvestmentPortfoliosMember" xlink:label="loc_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:to="lab_trow_OtherSponsoredInvestmentPortfoliosMember_164FD41A4ED5BA1D4C7E71FCA1CF758C" xlink:type="arc" />
    <link:label id="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E_terseLabel_en-US" xlink:label="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock and blended asset [Member]</link:label>
    <link:label id="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E_label_en-US" xlink:label="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock And Blended Asset [Member]</link:label>
    <link:label id="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E_documentation_en-US" xlink:label="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock and blended asset [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockAndBlendedAssetMember" xlink:label="loc_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:to="lab_trow_StockAndBlendedAssetMember_6C24BB8B9EFFCDD1C54971FCA1D0C90E" xlink:type="arc" />
    <link:label id="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62_terseLabel_en-US" xlink:label="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bond and money market [Member]</link:label>
    <link:label id="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62_label_en-US" xlink:label="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bond And Money Market [Member]</link:label>
    <link:label id="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62_documentation_en-US" xlink:label="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bond and money market [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_BondAndMoneyMarketMember" xlink:label="loc_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:to="lab_trow_BondAndMoneyMarketMember_CECEF91A737FA5D1D32971FCA1D10E62" xlink:type="arc" />
    <link:label id="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F_terseLabel_en-US" xlink:label="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bond, money market, and stable value [Member]</link:label>
    <link:label id="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F_label_en-US" xlink:label="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bond Money Market And Stable Value [Member]</link:label>
    <link:label id="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F_documentation_en-US" xlink:label="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bond, money market and stable value [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_BondMoneyMarketAndStableValueMember" xlink:label="loc_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:to="lab_trow_BondMoneyMarketAndStableValueMember_5CB3FFEB3D09B6C4C94671FCA1D3EB2F" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryFees_5259E56C7622B9AC357071FCA1D368F4_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryFees_5259E56C7622B9AC357071FCA1D368F4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenues from advisory services</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryFees" xlink:label="loc_us-gaap_InvestmentAdvisoryFees_5259E56C7622B9AC357071FCA1D368F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryFees_5259E56C7622B9AC357071FCA1D368F4" xlink:to="lab_us-gaap_InvestmentAdvisoryFees_5259E56C7622B9AC357071FCA1D368F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average assets under management</link:label>
    <link:label id="lab_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529_label_en-US" xlink:label="lab_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets under Management, Average Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsUnderManagementAverageBalance" xlink:label="loc_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529" xlink:to="lab_us-gaap_AssetsUnderManagementAverageBalance_AD31196EE2246E22C30D71FCA1D31529" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period end assets under management</link:label>
    <link:label id="lab_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1_label_en-US" xlink:label="lab_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets under Management, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsUnderManagementCarryingAmount" xlink:label="loc_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1" xlink:to="lab_us-gaap_AssetsUnderManagementCarryingAmount_B658351563F05C5E618271FCA1D36AE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C" xlink:to="lab_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_9EE36D86DFCEBBE5729A71FCA2F9AB9C" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4_terseLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First quarter 2018</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter One Of Next Fiscal Year</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter One Of Next Fiscal Year</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear_CC0E38F6629C967A803271FC9DFFD3E4" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7_terseLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Second quarter 2018</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Two Of Next Fiscal Year</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Two Of Next Fiscal Year</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear_C6212DC4EE31E21091D371FC9DFF1BE7" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA_terseLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Third quarter 2018</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Three Of Next Fiscal Year</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Three Of Next Fiscal Year</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear_4F43E7C4A21A4FF10D8171FC9DFFCACA" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A_terseLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fourth quarter 2018</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Four Of Next Fiscal Year</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Quarter Four Of Next Fiscal Year</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear_F7D83A4F80B9476B38D371FC9DFF821A" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8_totalLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total 2018</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized Next Fiscal Year</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized cost of unvested share-based compensation awards to be recognized in the next fiscal year.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_ADBCCDFA408FADA3EBFE71FC9DFFF1D8" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F_verboseLabel_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2019 through 2023</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F_label_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost To Be Recognized From Second Fiscal Year to Vesting</link:label>
    <link:label id="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F_documentation_en-US" xlink:label="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized cost of unvested share-based compensation awards to be recognized in the second fiscal year through vesting period.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:to="lab_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_1B1C8BD1A27975DAC2F471FC9E00075F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21_totalLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_F625779CC86789A4B84D71FC9E00FB21" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD" xlink:to="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_B554375FD4C65ECF29E371FCA1EAF3BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables from sponsored mutual funds</link:label>
    <link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B" xlink:to="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_1965C4569374AB35C86471FCA1EA8F2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_551F0D7E9C47F2FBB62871FCA1EC2932_verboseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_551F0D7E9C47F2FBB62871FCA1EC2932" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable for advisory fees and advisory-related administrative services</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_551F0D7E9C47F2FBB62871FCA1EC2932" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_551F0D7E9C47F2FBB62871FCA1EC2932" xlink:to="lab_us-gaap_AccountsReceivableNet_551F0D7E9C47F2FBB62871FCA1EC2932" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE MEASUREMENTS</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_2934C4B9A145D2BB3B4B71FCA0C2DAE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_22DA6862F47DF288578171FC9D51045B_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_22DA6862F47DF288578171FC9D51045B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized holding gains [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="loc_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_22DA6862F47DF288578171FC9D51045B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_22DA6862F47DF288578171FC9D51045B" xlink:to="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_22DA6862F47DF288578171FC9D51045B" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A40DC7C2DA3450993D6871FC9D541351_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A40DC7C2DA3450993D6871FC9D541351" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Consolidated T. Rowe Price investment products - variable interest entities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A40DC7C2DA3450993D6871FC9D541351" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A40DC7C2DA3450993D6871FC9D541351" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A40DC7C2DA3450993D6871FC9D541351" xlink:type="arc" />
    <link:label id="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F_terseLabel_en-US" xlink:label="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent, Net of Tax [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F_label_en-US" xlink:label="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent, Net of Tax [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AOCIAttributableToParentNetOfTaxRollForward" xlink:label="loc_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F" xlink:to="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_133E7428AACFCD192ACD71FC9D57955F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_070AFF495BDB9703374471FC9D571544_verboseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_070AFF495BDB9703374471FC9D571544" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of accumulated other comprehensive income to retained earnings upon adoption of the new consolidation accounting guidance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_070AFF495BDB9703374471FC9D571544" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_070AFF495BDB9703374471FC9D571544" xlink:to="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_070AFF495BDB9703374471FC9D571544" xlink:type="arc" />
    <link:label id="lab_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521_terseLabel_en-US" xlink:label="lab_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss) before reclassifications and income taxes</link:label>
    <link:label id="lab_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521_label_en-US" xlink:label="lab_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OCI, before Reclassifications, before Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent" xlink:label="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521" xlink:to="lab_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_5A0D0105BEFD6209C27871FC9D575521" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassification adjustments recognized in non-operating income</link:label>
    <link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C_label_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification from AOCI, Current Period, before Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent" xlink:label="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C" xlink:to="lab_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_AF1683394DD452012F2071FC9D583E8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), before taxes</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_9920E3A8C5C18D4E1E9271FC9D597876" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_3F0F5DE07E79873C1B8A71FC9D5A5DAF_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_3F0F5DE07E79873C1B8A71FC9D5A5DAF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax benefits (income taxes)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_3F0F5DE07E79873C1B8A71FC9D5A5DAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_3F0F5DE07E79873C1B8A71FC9D5A5DAF" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_3F0F5DE07E79873C1B8A71FC9D5A5DAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6FE03CCD4A91AA26C95771FC9D5A0973_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6FE03CCD4A91AA26C95771FC9D5A0973" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6FE03CCD4A91AA26C95771FC9D5A0973" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6FE03CCD4A91AA26C95771FC9D5A0973" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6FE03CCD4A91AA26C95771FC9D5A0973" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D_terseLabel_en-US" xlink:label="lab_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unconsolidated investments</link:label>
    <link:label id="lab_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D_label_en-US" xlink:label="lab_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="loc_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D" xlink:to="lab_invest_InvestmentTableTextBlock_51AA102DCB4E5C9E1E6D71FCA16D412D" xlink:type="arc" />
    <link:label id="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A_terseLabel_en-US" xlink:label="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net impact of deconsolidation and consolidation on condensed consolidated balance sheets and income statements</link:label>
    <link:label id="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A_label_en-US" xlink:label="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deconsolidation Impacts on Financial Statements [Table Text Block]</link:label>
    <link:label id="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A_documentation_en-US" xlink:label="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Deconsolidation Impacts on Financial Statements [Table Text Block]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock" xlink:label="loc_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:to="lab_trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock_78163C6B49C0DE03A92471FCA16DE98A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale T. Rowe Price investment products</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C" xlink:to="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_B3D822C24FE15CB0049D71FCA16F9D2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Continuous unrealized loss positions</link:label>
    <link:label id="lab_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Temporary Impairment Losses, Investments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16" xlink:to="lab_us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock_D1F11BA106834D7F297D71FCA16F9D16" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum risk of loss related to investments in variable interest entities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E" xlink:to="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_D7D932A469AD809D1DF671FCA16F016E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assumptions used in option pricing model and grant date fair value of options</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55" xlink:to="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_97DBFC0852CA309F10F871FCA2CA9C55" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="loc_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB" xlink:to="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_0521AE447B8D3AA6A7DF71FC9EDA4DCB" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0_periodStartLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of year</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_41C37150EF4FB599CA6871FC9EDB10C0" xlink:type="arc" />
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252_terseLabel_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in tax positions related to current year</link:label>
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252_label_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase (Decrease) Resulting from Current Period Tax Positions</link:label>
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252_documentation_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase (Decrease) Resulting from Current Period Tax Positions</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions" xlink:label="loc_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:to="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions_4332B3D7637C759FE5A371FC9EDD3252" xlink:type="arc" />
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911_terseLabel_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in tax positions related to prior years</link:label>
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911_label_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase (Decrease) Resulting from Prior Period Tax Positions</link:label>
    <link:label id="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911_documentation_en-US" xlink:label="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase (Decrease) Resulting from Prior Period Tax Positions</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions" xlink:label="loc_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:to="lab_trow_UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromPriorPeriodTaxPositions_DAC7A8A00D283DB0FAFD71FC9EDDD911" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Changes in tax positions related to expired statute of limitations</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_14A9233DDA02DA7EE08A71FC9EDD580A" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_1ACD5F3C7750E027D72671FC9EDDC959_periodEndLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_1ACD5F3C7750E027D72671FC9EDDC959" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at end of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_1ACD5F3C7750E027D72671FC9EDDC959" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_1ACD5F3C7750E027D72671FC9EDDC959" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_1ACD5F3C7750E027D72671FC9EDDC959" xlink:type="arc" />
    <link:label id="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0_terseLabel_en-US" xlink:label="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of revenues from advisory services</link:label>
    <link:label id="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0_label_en-US" xlink:label="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Investment Advisory Fees [Table Text Block]</link:label>
    <link:label id="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0_documentation_en-US" xlink:label="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of the components of revenue recognized in the period for schedule-based fees earned for management of mutual funds based on average daily net assets and other investment management and advisory fees earned on other client portfolios based on asset valuations.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock" xlink:label="loc_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:to="lab_trow_ComponentsofInvestmentAdvisoryFeesTableTextBlock_D7DA530092E71CF5566B71FCA1FC20C0" xlink:type="arc" />
    <link:label id="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5_terseLabel_en-US" xlink:label="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of assets under management</link:label>
    <link:label id="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5_label_en-US" xlink:label="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Assets Under Management [Table Text Block]</link:label>
    <link:label id="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5_documentation_en-US" xlink:label="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of the components of average assets under management and period end assets under management.  Assets under management represents the market value of assets an investment adviser manages on behalf of investors and is the basis for determining investment advisory fee revenue.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ComponentsofAssetsUnderManagementTableTextBlock" xlink:label="loc_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:to="lab_trow_ComponentsofAssetsUnderManagementTableTextBlock_3095D544DABA3123588671FCA1FC57E5" xlink:type="arc" />
    <link:label id="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29_terseLabel_en-US" xlink:label="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of other fees</link:label>
    <link:label id="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29_label_en-US" xlink:label="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components Of Other Fees [Table Text Block]</link:label>
    <link:label id="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29_documentation_en-US" xlink:label="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of the components of revenue recognized in the period for other fees earned from sponsored mutual funds in the United States.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_ComponentsOfOtherFeesTableTextBlock" xlink:label="loc_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:to="lab_trow_ComponentsOfOtherFeesTableTextBlock_F7C2E9ADD61286F767CF71FCA1FC7A29" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:label id="lab_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5_label_en-US" xlink:label="lab_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5" xlink:to="lab_us-gaap_PlanNameAxis_C3CE0B8924A2D45A702C71FCA24220A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:label id="lab_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462_label_en-US" xlink:label="lab_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462" xlink:to="lab_us-gaap_PlanNameDomain_7088F23998A376EFCD6871FCA242F462" xlink:type="arc" />
    <link:label id="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793_terseLabel_en-US" xlink:label="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee stock-based compensation programs [Member]</link:label>
    <link:label id="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793_label_en-US" xlink:label="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock Based Compensation Programs [Member]</link:label>
    <link:label id="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793_documentation_en-US" xlink:label="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Stock-Based Compensation Programs</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_EmployeeStockBasedCompensationProgramsMember" xlink:label="loc_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:to="lab_trow_EmployeeStockBasedCompensationProgramsMember_E7048AB1D821D7820AFE71FCA2437793" xlink:type="arc" />
    <link:label id="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776_terseLabel_en-US" xlink:label="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-employee director plans [Member]</link:label>
    <link:label id="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776_label_en-US" xlink:label="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Employee Director [Member]</link:label>
    <link:label id="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776_documentation_en-US" xlink:label="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-employee director programs</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_NonEmployeeDirectorMember" xlink:label="loc_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:to="lab_trow_NonEmployeeDirectorMember_317D403C73F620F99F3C71FCA2435776" xlink:type="arc" />
    <link:label id="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F_terseLabel_en-US" xlink:label="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholder-approved plans (plans)</link:label>
    <link:label id="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F_label_en-US" xlink:label="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholder Approved Plans For Stock Options</link:label>
    <link:label id="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F_documentation_en-US" xlink:label="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of stockholder approved plans under which qualified incentive and nonqualified fixed stock options are granted.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_StockholderApprovedPlansForStockOptions" xlink:label="loc_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:to="lab_trow_StockholderApprovedPlansForStockOptions_928257641958B76377E171FCA2467B4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares available for future grant (shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_063E85B5DF0326F1878371FCA24661B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Graded vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_55363DC97EBAEEB7856B71FCA24865F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_8EE1B4D60353C66730EE71FCA248F64D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract_86C27B7371F1B90DD68471FCA248BFE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grant-date fair value per option awarded (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_2C24B43DEAF128524C4471FCA2493533" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected life in years</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_44754F81777DE1BC61B571FCA249BDB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected volatility</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_0710F899B53206AFD94071FCA2490838" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend yield</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_2F5FC45B6FB9B986ECDE71FCA2492DB7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk-free interest rate</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_2F909B87845503FD1F5E71FCA2493A83" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_805BAA097994D4AAC299729BA15E8E62_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_805BAA097994D4AAC299729BA15E8E62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees" xlink:label="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_805BAA097994D4AAC299729BA15E8E62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_805BAA097994D4AAC299729BA15E8E62" xlink:to="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_805BAA097994D4AAC299729BA15E8E62" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_8364A9CC808F8C488F30729BA16072DB_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_8364A9CC808F8C488F30729BA16072DB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_8364A9CC808F8C488F30729BA16072DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_8364A9CC808F8C488F30729BA16072DB" xlink:to="lab_us-gaap_ProfitLoss_8364A9CC808F8C488F30729BA16072DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_08563F47FCDCF62FF3BF729BA160EF6B_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_08563F47FCDCF62FF3BF729BA160EF6B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings on common stock (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_08563F47FCDCF62FF3BF729BA160EF6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_08563F47FCDCF62FF3BF729BA160EF6B" xlink:to="lab_us-gaap_EarningsPerShareBasic_08563F47FCDCF62FF3BF729BA160EF6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_A8A9C151F6D37B0A7AA6729BA16045FA_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_A8A9C151F6D37B0A7AA6729BA16045FA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_A8A9C151F6D37B0A7AA6729BA16045FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_A8A9C151F6D37B0A7AA6729BA16045FA" xlink:to="lab_us-gaap_EarningsPerShareDiluted_A8A9C151F6D37B0A7AA6729BA16045FA" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609_terseLabel_en-US" xlink:label="lab_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment [Table]</link:label>
    <link:label id="lab_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609_label_en-US" xlink:label="lab_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTable" xlink:label="loc_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609" xlink:to="lab_invest_InvestmentTable_DC001FA19C86545FF8C771FCA14E7609" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA" xlink:to="lab_us-gaap_BalanceSheetLocationAxis_54E480708479104A966871FCA1507EDA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7" xlink:to="lab_us-gaap_BalanceSheetLocationDomain_CC2C2175BAA8F8C1D40571FCA15056B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets [Member]</link:label>
    <link:label id="lab_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85_label_en-US" xlink:label="lab_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsMember" xlink:label="loc_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85" xlink:to="lab_us-gaap_AssetsMember_B388672D32CCBD24A00471FCA150FB85" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability [Member]</link:label>
    <link:label id="lab_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55_label_en-US" xlink:label="lab_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilityMember" xlink:label="loc_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55" xlink:to="lab_us-gaap_LiabilityMember_41ACCFD69916E33CF3A671FCA1502B55" xlink:type="arc" />
    <link:label id="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691_terseLabel_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable non-controlling interest [Member]</link:label>
    <link:label id="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691_label_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest [Member]</link:label>
    <link:label id="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691_documentation_en-US" xlink:label="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The line item on the balance sheet representing the aggregate carrying amount of all noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. This item includes noncontrolling interest holder's ownership (or holders' ownership) regardless of the type of equity interest (common, preferred, other) including all potential organizational (legal) forms of the investee entity.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_RedeemableNoncontrollingInterestMember" xlink:label="loc_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:to="lab_trow_RedeemableNoncontrollingInterestMember_52297AF8D957A83E22D571FCA151E691" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_1A969EDBFAA264EA26C771FCA153E0E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1" xlink:to="lab_us-gaap_EquityMethodInvesteeNameDomain_4AA4B0D955E5E6E34DEA71FCA154EFF1" xlink:type="arc" />
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3_terseLabel_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T. Rowe Price investment products [Member]</link:label>
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3_label_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sponsored Investment Portfolios [Member]</link:label>
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3_documentation_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sponsored Investment Portfolios [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SponsoredInvestmentPortfoliosMember" xlink:label="loc_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:to="lab_trow_SponsoredInvestmentPortfoliosMember_5D6C57940662616C8E3571FCA155F1E3" xlink:type="arc" />
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844_terseLabel_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">T. Rowe Price investment products designated as an economic hedge of supplemental savings plan liability [Member]</link:label>
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844_label_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sponsored Investment Portfolios Designated As Economic Hedge Of Supplemental Savings Plan Liability [Member]</link:label>
    <link:label id="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844_documentation_en-US" xlink:label="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sponsored Investment Portfolios Designated As Economic Hedge Of Supplemental Savings Plan Liability [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember" xlink:label="loc_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:to="lab_trow_SponsoredInvestmentPortfoliosDesignatedAsEconomicHedgeOfSupplementalSavingsPlanLiabilityMember_FB223F1650EBBF38C7B371FCA156A844" xlink:type="arc" />
    <link:label id="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6_terseLabel_en-US" xlink:label="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest in UTI Asset Management Company Limited (India) [Member]</link:label>
    <link:label id="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6_label_en-US" xlink:label="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UTI Asset Management Company India [Member]</link:label>
    <link:label id="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6_documentation_en-US" xlink:label="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">UTI Asset Management Company India [Member]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_UtiAssetManagementCompanyIndiaMember" xlink:label="loc_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:to="lab_trow_UtiAssetManagementCompanyIndiaMember_6152D10B3B6CB10B4DC871FCA1567EE6" xlink:type="arc" />
    <link:label id="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86_terseLabel_en-US" xlink:label="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment partnerships [Member]</link:label>
    <link:label id="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86_label_en-US" xlink:label="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Equity Method Investments [Member]</link:label>
    <link:label id="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86_documentation_en-US" xlink:label="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other equity method investments</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_OtherEquityMethodInvestmentsMember" xlink:label="loc_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:to="lab_trow_OtherEquityMethodInvestmentsMember_1E87FA3BC0B99F9C6C1C71FCA1564E86" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36_terseLabel_en-US" xlink:label="lab_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment [Line Items]</link:label>
    <link:label id="lab_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36_label_en-US" xlink:label="lab_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentLineItems" xlink:label="loc_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36" xlink:to="lab_invest_InvestmentLineItems_A59AE91832A2610EAB5171FCA156CB36" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity method investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3" xlink:to="lab_us-gaap_EquityMethodInvestments_E468C422046A0D64894E71FCA1574BB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost method investments</link:label>
    <link:label id="lab_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="loc_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E" xlink:to="lab_us-gaap_CostMethodInvestments_B17017C39BDBE1CF096C71FCA159490E" xlink:type="arc" />
    <link:label id="lab_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Treasury note</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Held-to-maturity Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7" xlink:to="lab_us-gaap_HeldToMaturitySecurities_B8B12E8D801EC95AD2DD71FCA15996C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_Investments_283A8BAFB5F26B99176171FCA1591A8F_totalLabel_en-US" xlink:label="lab_us-gaap_Investments_283A8BAFB5F26B99176171FCA1591A8F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_283A8BAFB5F26B99176171FCA1591A8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Investments_283A8BAFB5F26B99176171FCA1591A8F" xlink:to="lab_us-gaap_Investments_283A8BAFB5F26B99176171FCA1591A8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity method investment (ownership percentage)</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A728B060FFB85C5AA47971FCA159D942" xlink:type="arc" />
    <link:label id="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89_terseLabel_en-US" xlink:label="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net increase (decrease) in assets, liabilities, and redeemable noncontrolling interest</link:label>
    <link:label id="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89_label_en-US" xlink:label="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deconsolidation Value2</link:label>
    <link:label id="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89_documentation_en-US" xlink:label="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the carrying value of the assets (liabilities or redeemable noncontrolling interest) deconsolidated during the period as valued on the date that the parent no longer had a controlling financial interest in the subsidiary.</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DeconsolidationValue2" xlink:label="loc_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:to="lab_trow_DeconsolidationValue2_2ADD118A297CE2ABC52371FCA1590A89" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_4A39D3B427FAE3EA5F2071FCA159B588_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_4A39D3B427FAE3EA5F2071FCA159B588" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) recognized upon deconsolidation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_4A39D3B427FAE3EA5F2071FCA159B588" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_4A39D3B427FAE3EA5F2071FCA159B588" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_4A39D3B427FAE3EA5F2071FCA159B588" xlink:type="arc" />
    <link:label id="lab_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D_label_en-US" xlink:label="lab_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D_documentation_en-US" xlink:label="lab_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_DocumentAndEntityInformationAbstract" xlink:label="loc_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D" xlink:to="lab_trow_DocumentAndEntityInformationAbstract_477130DC66CE4A407C4471FCA465324D" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_32E122B5208C91094D6B71FCA465D087_terseLabel_en-US" xlink:label="lab_dei_DocumentType_32E122B5208C91094D6B71FCA465D087" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_32E122B5208C91094D6B71FCA465D087_label_en-US" xlink:label="lab_dei_DocumentType_32E122B5208C91094D6B71FCA465D087" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_32E122B5208C91094D6B71FCA465D087" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_32E122B5208C91094D6B71FCA465D087" xlink:to="lab_dei_DocumentType_32E122B5208C91094D6B71FCA465D087" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0" xlink:to="lab_dei_DocumentPeriodEndDate_BF1111CA5F86FAE538B871FCA4665CD0" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5" xlink:to="lab_dei_CurrentFiscalYearEndDate_CD1C32FDCA1DED17227671FCA466EBF5" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89" xlink:to="lab_dei_DocumentFiscalPeriodFocus_070A81A903A3FCCA9EDE71FCA4666F89" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4" xlink:to="lab_dei_DocumentFiscalYearFocus_1664C0C521DE2F7BAAA171FCA466B4E4" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C_label_en-US" xlink:label="lab_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C" xlink:to="lab_dei_EntityRegistrantName_DE680AB8038F1DAEB93C71FCA466919C" xlink:type="arc" />
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer_D26ECB569639AC6DBBE571FCA468D3F1" xlink:type="arc" />
    <link:label id="lab_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281" xlink:to="lab_dei_EntityVoluntaryFilers_FEBBCDFA4D1F05DEA07F71FCA468C281" xlink:type="arc" />
    <link:label id="lab_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11" xlink:to="lab_dei_EntityCurrentReportingStatus_9DEDEFD820FE087C15C771FCA4683D11" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578_label_en-US" xlink:label="lab_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578" xlink:to="lab_dei_EntityFilerCategory_7D8D257B9666D503E83371FCA4684578" xlink:type="arc" />
    <link:label id="lab_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8_terseLabel_en-US" xlink:label="lab_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:label id="lab_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8_label_en-US" xlink:label="lab_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8" xlink:to="lab_dei_EntityPublicFloat_BA9AC69E089482906D8671FCA469B9C8" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding (shares)</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_83DD1204A5811B962F3B71FCA469F144" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D" xlink:to="lab_dei_EntityCentralIndexKey_ACA60A301BAC5F65B6DD71FCA469C09D" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04_label_en-US" xlink:label="lab_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04" xlink:to="lab_dei_AmendmentFlag_4942140CC7B4E5547BA071FCA469DA04" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH EQUIVALENTS</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsDisclosureTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370" xlink:to="lab_us-gaap_CashAndCashEquivalentsDisclosureTextBlock_1C6240BD03C5E021D0C871FCA227A370" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Income Statement [Table]</link:label>
    <link:label id="lab_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Income Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="loc_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F" xlink:to="lab_us-gaap_CondensedIncomeStatementTable_FC37D6F4E84BD4951FEC71FCA039813F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Income Statements, Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Income Statements, Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E" xlink:to="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_3EFF3B46DDCA0DC0B03671FCA03CA51E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_D22D94EF9B14A8CB858571FCA03CC74F_negatedLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_D22D94EF9B14A8CB858571FCA03CC74F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Operating expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_D22D94EF9B14A8CB858571FCA03CC74F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_D22D94EF9B14A8CB858571FCA03CC74F" xlink:to="lab_us-gaap_OperatingExpenses_D22D94EF9B14A8CB858571FCA03CC74F" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net investment non-operating income</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeNonoperating" xlink:label="loc_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50" xlink:to="lab_us-gaap_InvestmentIncomeNonoperating_2B67D3772380A5F6B45071FCA03E0E50" xlink:type="arc" />
    <link:label id="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E_totalLabel_en-US" xlink:label="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to T. Rowe Price Group</link:label>
    <link:label id="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E_label_en-US" xlink:label="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Attributable to Parent</link:label>
    <link:label id="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E_documentation_en-US" xlink:label="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Attributable to Parent</link:label>
    <link:loc xlink:href="trow-20171231.xsd#trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent" xlink:label="loc_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:to="lab_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_9AFE88559F89596A849871FCA03EF08E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_B1ECA534F29E908AF0DB71FCA03F783A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_B1ECA534F29E908AF0DB71FCA03F783A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investment advisory and administrative fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees" xlink:label="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_B1ECA534F29E908AF0DB71FCA03F783A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_B1ECA534F29E908AF0DB71FCA03F783A" xlink:to="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_B1ECA534F29E908AF0DB71FCA03F783A" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
