Frequently Asked Questions

Retirement Advisory Service manages your portfolio at a household level. You can select which assets are enrolled in the discretionary management portion of the service based on eligible account types. We will manage your portfolio based on your household’s overall goals, time horizons and risk tolerance. This means that each account included in the discretionary management household will be invested in a manner such that the household’s managed accounts together are intended to achieve the recommended portfolio's asset allocation. We will regularly monitor and automatically rebalance your household portfolio to maintain alignment with your recommended model. In periods of higher market volatility, you may see increased trading activity to maintain the targeted allocation of the model portfolio.

Yes – you can receive a Financial Plan with just $250,000 in qualifying T. Rowe Price accounts or new investable assets.

T. Rowe Price account types that qualify:

The following account types don’t qualify or count toward the minimum. However, you can include them in your Financial Plan to provide us with a more complete view of your financial situation.

Not sure if you qualify for this service or which accounts are eligible? We can help. Call 1-877-301-9767.

Safeguarding your online security and privacy is one of our highest priorities. Learn more about the T. Rowe Price policies and procedures in place to protect your accounts and information.

You can begin the process by signing up as a guest. You will have the opportunity to talk to a Financial Advisor and receive a Financial Plan as a guest. However, enrolling in the discretionary management portion of the Retirement Advisory Service, opening advisory accounts with discretionary management, and engaging in an ongoing Financial Advisor relationship require login credentials.

If eligible, you can use the Linked Accounts section of the questionnaire to securely link your non-T. Rowe Price investment accounts (for example, outside brokerage, retirement, college savings plan, and annuities) to provide us with a more complete view of your financial situation to inform the creation of your Financial Plan.

If you or your external institution has updated log in credentials or log in credential requirements, including Multi-Factor Authentication, you may need to go into your Account Center and update your information.

You can use the link in your appointment confirmation email or on your Planning Details page to select a new date and time convenient to you.

Plan to spend 30-60 minutes on the questionnaire. Our questionnaire is designed to guide deep thinking about what you need, want, and hope for in the future. The more we know about your situation, the better we can deliver advice personalized to your goals.

Your information auto-saves as you go through the questionnaire. You can pause and come back later to finish if you need to.

To save time, have the following information on hand when you begin the questionnaire:

You have the option to add a planning partner (“co-client”) at the start of the planning experience or later in the process. When you complete the questionnaire with your planning partner, we can build a plan that reflects your household’s overall financial situation and provides financial planning advice for what’s most important to you and your family.

When you identify your planning partner, we send an invitation to the email address you provide for your partner. The email has a secure access link.

You create a unique PIN and give it to your partner. The PIN is valid for 7 days.

No – you create the PIN and give it to your partner. For security reasons, we never see the PIN.

No – our advisory experience is designed for you and one partner.

Yes – log in to the service and click the Add a Planning Partner icon at the top right. You can create another 4-digit PIN to give to your partner. Since the PIN is not saved, you may want to write it down before continuing.

We may not have the right email address. Log in to the service and select the Add a Planning Partner icon at the top right. Review or update the information with the correct email address and we’ll resend the invitation. If the problem continues, please contact your advisor. If you do not have an Advisor assigned, please schedule an appointment.

Yes – but keep in mind your existing plan and information will not be saved or carried over to create a new plan.

Please contact your advisor. If you do not have an Advisor assigned, please schedule an appointment. Then, go back through the questionnaire and reenter your information, including goals and accounts.

When you plan with your partner you can get financial advice that reflects your whole financial situation and is designed to help you achieve your shared goals. After enrolling in the discretionary management portion of the service, your advisory accounts can include accounts held by either you or your partner. Our experts will implement and manage your recommended portfolio across all of the advisory accounts in your household. You also have the opportunity to partner with a Financial Advisor to maintain your shared Financial Plan and receive ongoing guidance.

We can help. Please contact your advisor. If you do not have an Advisor assigned, please schedule an appointment.

Opportunistic allocations are an additional active management approach, in which we’ll allocate a portion of your portfolio to additional funds, based on proprietary research that is meant to increase your return potential or hedge future risk.

Opportunistic allocations enhance Retirement Advisory Service by building on our active approach to portfolio management.

Upon enrollment in Retirement Advisory Service, we invest your portfolio in a mix of stock and bond mutual funds tailored to your goals, time horizon, risk tolerance, and preferences. This is referred to as your strategic asset allocation, which we review with you at least annually.

We regularly monitor your portfolio for variance from this target asset allocation and periodically rebalance it to retain alignment. Additionally, expert investment professionals in our Multi-Asset Division monitor market conditions and make changes to these strategic allocations quarterly, as they see fit, in a process known as tactical asset allocation.

Opportunistic allocations take this process one step further by investing in additional T. Rowe Price mutual funds when appropriate. Through a disciplined approach, our investment professionals will identify opportunities to complement your portfolio's strategic and tactical allocations. This allows clients to further benefit from our ongoing investment process, which is specifically designed to create more opportunities while adapting to ever-changing market environments.

Generally, 85% or more of your portfolio will remain invested in core funds. At any time, a portion of your portfolio might be allocated to no more than 3 additional funds. Those additional funds will be held for a year or more unless the return expectations are achieved beforehand. Allocation decisions will be based on our proprietary research and set by our Multi-Asset experts.

For example, if our experts believe that we are entering a period of high and recurring inflation, they may invest 5% of a model portfolio into an additional fund such as the Real Assets Fund. The Real Assets Fund is designed to take advantage of periods of high inflation because it is comprised of assets that have physical properties (such as real estate, equipment, or commodities). The investment rationale is that those physical assets may rise in price during inflationary periods, leading to potential returns. In this example, if 5% is allocated to the additional Real Assets Fund strategy, 5% of the core portfolio model holdings will be decreased to maintain your portfolio’s overall allocation.

Note that opportunistic allocations usually invest in additional funds that aren’t already part of the core portfolio holdings, while tactical allocations adjust the core portfolio holdings themselves. Tactical allocations are typically more incremental in nature (for example a 0.5% change to an existing core portfolio fund) while opportunistic changes are usually more considerable (for example a 5% addition of a new fund). Finally, tactical allocations are done on a quarterly basis if needed, while opportunistic allocations can be done any time that our investment experts see an opportunity.

The following T. Rowe Price mutual funds (and all existing primary funds) can be used after the launch of opportunistic allocations within Retirement Advisory Service:

*These additional funds were added as of September 26, 2024.

Your advisor will be happy to discuss opportunistic allocation changes with you at any time, including during semi-annual and annual reviews. We will also send out additional materials as needed.

This change will not result in any changes to the overall cost of Retirement Advisory Service. You don’t need to take any action because we will automatically implement opportunistic allocations for you. However, we recommend that you review the updated documents such as the ADV, client agreement, and discretionary management supplement.

We will reach out once a year to ask you to schedule an annual review appointment with your dedicated Financial Advisor. During this appointment, we will review your portfolio to make sure it’s still aligned with your goals and needs. Your Annual Review is an opportunity to let us know if you have any changes in your life or your preferences that may warrant an update to your financial plan and the model portfolio for your account.