T. Rowe Price Summit Program

Earn exclusive client benefits with our complimentary tiered benefits program designed to help you invest more confidently.

Invest directly with us.
Get rewarded with exclusive client benefits.

As you save for retirement and other goals, you gain entry to more benefits to help you achieve better outcomes.

Start taking advantage of your benefits.

View Your Tier and Benefits

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Here’s how the Summit Program works.

You’re automatically enrolled

It's simple: When you open and/or maintain a qualifying account with T. Rowe Price, you're automatically in the Program.

Gain entry to exclusive benefits

Get preferred access to mutual funds generally closed to new investors, lower-cost fund shares, dedicated support teams, and more.

Enjoy more with your household

We automatically combine assets held by clients in the same household for Summit eligibility—helping you and your loved ones qualify for higher tiers and more benefits.

Four tiers, expanding benefits

General, Select, Personal, and Enhanced Personal Services. Your tier is assigned based on asset level and reevaluated weekly. Enjoy upgraded benefits each time you move up to the next tier.

Maximize your benefits

Invest in something new, move existing assets, or set up an automatic investment plan. With T. Rowe Price, when you invest more for your future, you earn more valuable benefits.

Most accounts qualify for the Summit Program.

To be eligible, each person in a Summit household must directly own a qualifying investment. Qualifying account types include:

Retirement

Roth and Traditional individual retirement accounts (IRAs)
Single-participant small business retirement plans (SARSEP, SEP-IRA, SIMPLE IRA)
Owner-only Individual 401(k)

General Investing

Individual  
Joint  
Trust¹
UGMA/UTMA

Enjoy exclusive Summit Program benefits.

Preferred entry to lower-cost I Class shares

Fees for I Class shares are 20% lower,² on average, than those of our Investor Class shares.

Clients with $500,000 exclusively in I Class shares would save, on average, $800 in the first year alone compared with the same amount in Investor Class shares.

Explore the Value of I Class Shares

Preferred access to closed funds

Closed to new investors. Open to you.

2 of 2 of our closed funds rated by Morningstar earned 4- or 5-star Overall Morningstar Ratings as of September 30, 2024.³

Dive Deeper into Closed Funds

Expert investment ideas, research, and analysis

Stay on top of market opportunities with the latest news and perspectives, thanks to complimentary access to Morningstar Premium, Kiplinger's Personal Finance, and invitation-only events.

Dedicated support for when life happens

Whether reaching a major milestone or reacting to an unexpected event, you can get support from our dedicated team, who can help you navigate life events, such as changing jobs, losing a loved one, or getting married.

Get Life Events Support

Enjoy more benefits as your Summit balance grows.

To see your current benefit tier, just log in to your account.

Summit Program Benefits by Tier
Summit Program Benefits	General Services All investors	Select Services $250,000 balance or more	Personal Services $500,000 balance or more	Enhanced Personal Services $1 million balance or more
$0 commission for online stock and exchange-traded fund (ETF) trading	✓	✓	✓	✓
Waived mutual fund account service fees for clients who elect for paperless delivery of statements and confirmations	✓	✓	✓	✓
Access to knowledgeable Financial Consultants and customer service representatives	✓	✓	✓	✓
Digital access to T. Rowe Price Insights on retirement and financial planning	✓	✓	✓	✓
Access to dedicated support from the life events team	✓	✓	✓	✓
Reduced Brokerage commissions and fees (see details on Brokerage fees)		✓	✓	✓
Preferred access to closed funds*		✓	✓	✓
Complimentary Morningstar Premium membership		✓	✓	✓
Preferred access to I Class shares (minimum $50K+ per fund)*			✓	✓
Complimentary Kiplinger's Personal Finance magazine subscription				✓
Access to investing, retirement, college savings, and personal finance events featuring T. Rowe Price experts				✓

Discover ways to earn more benefits.

We made it simple for you to move up to the next tier and maximize your benefits. Invest more, benefit more.

Consolidate your retirement savings

Move old 401(k)s and existing IRAs into one easy-to-manage account to simplify your finances and potentially move up to the next Summit tier.⁴

Explore Rollovers and Transfers

Roll Over a 401(k) or IRA >

Set up an automatic investment plan

Grow your balance by scheduling recurring, automatic transfers from your bank account to your existing T. Rowe Price account.

Explore Automatic Buy

Set Up Automatic Buy >

Invest for all your goals

Whether you’re looking to save for retirement or education or want to build your wealth, we have an account that fits—and can help you earn more benefits.

Explore Account Types

Open a New Account >

Frequently asked questions

You become eligible for the Summit Program when you open and/or maintain a qualifying account with T. Rowe Price. As your Summit Balance grows, you gain access to higher tiers with expanding benefits.

Your Summit Balance automatically includes assets in qualifying accounts held by you and all members of your Summit household. That makes it easier for you to reach higher tiers sooner.

Summit Program Tiers

Tier	Minimum Summit Balance
General Services	> $0
Select Services	$250,000
Personal Services	$500,000
Enhanced Personal Services	$1,000,000

You can access Summit benefits with a variety of investments. Your Summit Balance automatically reflects all assets held in qualifying accounts. All members of your Summit household contribute to this shared balance unless you specify otherwise.

Access a list of qualifying accounts.

The value of these investments are totaled in your household’s Summit Balance, helping you earn access to lower-cost I Class shares, premium content, and more.

A Summit household is comprised of one or more members, each with at least one qualifying account. Members are automatically placed in the same household based on the address of record for each account and certain other criteria. You can contact us to request changes to your household.

The assets of all members' qualifying accounts (and any authorized workplace retirement plan account balances) determine the household's Summit Balance and Summit tier. Each household member has the same Summit tier, regardless of their respective account balances.

As you achieve higher tiers in the Summit Program, you have a greater opportunity to invest to lower-cost I Class shares. Fees for I Class shares are 20% lower,² on average, than our Investor Class shares. If you had $500,000 exclusively in I Class shares, you could save, on average, $800 in the first year alone, compared to the same amount in Investor Class shares.

The Personal Services tier ($500,000 Summit Balance) and the Enhanced Personal Services tier ($1 million Summit Balance) offer preferred access to I Class shares of T. Rowe Price mutual funds.

The investment minimum is also dropped to $50,000 per fund. You must satisfy this minimum for each qualifying fund account.

Otherwise, the minimum investment amount for I Class is generally $500,000 per fund for each account registration.

If you don't maintain the investment minimum, the shares may be converted back to Investor Class shares.

If you're in the Personal Services or the Enhanced Personal Services tiers, each ActivePlus Portfolios^® account is eligible for I Class with a balance of at least $185,000, regardless of individual fund balances.

View All FAQs >

How else can we help you?

Invest in something new.

Expand your portfolio or put your money to work for a new goal.

Open an Account

Work with an advisor.

For clients with $250,000 or more in investable assets, the Retirement Advisory Service offers a personalized financial plan, investment recommendations, and access to your advisor at any time.

Explore Retirement Advisory Service

Questions?

Speak with one of our trusted Financial Consultants.

Monday–Friday, 8 a.m.–8 p.m. ET

Call 1-800-332-6161

¹Trust accounts can be included in your Summit household if the Trustee‘s Social Security Number matches the Trust‘s Tax Identification Number and the Trustee is a natural person (non-entity). In all other scenarios, the trust account is placed in a Summit household by itself.

²As of 9/30/2024. This calculation is based on a hypothetical $500,000 investment in Investor Classes with an average expense ratio of 0.66% (for an annual cost of $3,300) versus I Classes with an average expense ratio of 0.50% (for an annual of cost of $2,500). These expense ratios are net of fee waivers. Fund expenses change over time; please refer to our mutual fund prospectuses for complete information about expenses, fees, and other information to consider before investing.

³Morningstar gives its best ratings of 5 or 4 stars to the top 32.5% of all funds (of the 32.5%, 10% get 5 stars and 22.5% get 4 stars) based on their risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund’s 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. As of 9/30/2024, 2 of 2 of our closed funds (Investor Class only) rated by Morningstar received an overall rating of 5 or 4 stars. Past performance cannot guarantee future results.

The Morningstar Rating™ for funds, or "star rating," is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar risk-adjusted return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

Source for Morningstar data: ©2024 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

⁴Consider all available options, which include remaining with your current retirement plan, rolling over into a new employer's plan or IRA, or cashing out the account value. When deciding between an employer-sponsored plan and IRA, there may be important differences to consider, such as range of investment options, fees and expenses, availability of services, and distribution rules (including differences in applicable taxes and penalties). Depending on your plan's investment options, in some cases, the investment management fees associated with your plan's investment options may be lower than similar investment options offered outside the plan.

Summit Program benefits may be provided through T. Rowe Price Services, Inc., or its affiliates.

T. Rowe Price Services, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies.

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