T Rowe Price Group Product and recordkeeping related costs decreased by 1.7% to $74.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.3%, from $83.80M to $74.30M. Over 4 years (FY 2021 to FY 2025), Product and recordkeeping related costs shows an upward trend with a 7.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising costs may indicate increased complexity in product offerings or a growing client base, while efficiency gains can lower these costs over time.
These costs cover the operational infrastructure required to maintain client records, provide account statements, and su...
Common in asset management and financial services; peers may include this in General and Administrative or Technology expenses.
other_product_related_and_client_servicing_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $43.30M | $70.30M | $81.70M | $80.40M | $76.30M | $75.60M | $67.80M | $72.10M | $77.70M | $73.10M | $68.10M | $75.00M | $73.00M | $75.00M | $74.50M | $83.80M | $74.80M | $78.70M | $75.60M | $74.30M |
| QoQ Change | — | +62.4% | +16.2% | -1.6% | -5.1% | -0.9% | -10.3% | +6.3% | +7.8% | -5.9% | -6.8% | +10.1% | -2.7% | +2.7% | -0.7% | +12.5% | -10.7% | +5.2% | -3.9% | -1.7% |
| YoY Change | — | — | — | — | +76.2% | +7.5% | -17.0% | -10.3% | +1.8% | -3.3% | +0.4% | +4.0% | -6.0% | +2.6% | +9.4% | +11.7% | +2.5% | +4.9% | +1.5% | -11.3% |