T. Rowe Price Group, Inc. (NASDAQ:TROW) Q4 2023 Earnings Conference Call February 8, 2024 8:00 AM ET

Company Participants

Linsley Carruth - Director, Investor Relations

Robert Sharps - Chief Executive Officer and President

Eric Veiel - Head of Global Equity and Chief Investment Officer

Jen Dardis - Chief Financial Officer and Treasurer

Conference Call Participants

Daniel Fannon - Jefferies

Michael Brown - KBW

Craig Siegenthaler - Bank of America

Kenneth Worthington - JPMorgan

Brennan Hawken - UBS

Alexander Blostein - Goldman Sachs

Michael Cyprys - Morgan Stanley

Operator

Good morning. My name is [Mona] (ph), and I'll be your conference facilitator today. Welcome to T. Rowe Price's Fourth Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period. I'll give you instructions on how to ask questions at that time. As a reminder, this call is being recorded and will be available for replay on T. Rowe Price's website shortly after the call concludes.

I will now turn the call over to Linsley Carruth, T. Rowe Price's Director of Investor Relations. Please go ahead.

Linsley Carruth

Hello, and thank you for joining us today for our fourth quarter earnings call. The press release and the supplemental materials document can be found on our IR website at investors.troweprice.com. Today's call will last approximately 45 minutes. Our CEO and President, Rob Sharps; CFO, Jen Dardis; and Head of Global Investments, Eric Veiel, will discuss the company's results for about 20 minutes, and then we'll open it up to your questions. We ask that you limit it to one question per participant.

I'd like to remind you that during the course of this call, we may make a number of forward-looking statements and reference certain non-GAAP financial measures. Please refer to the forward-looking statement language and the reconciliations to GAAP in the supplemental materials, as well as in our press release. All investment performance references to peer groups on today's call are using Morningstar peer groups.

Now, I will turn it over to Rob.

Robert Sharps

Thank you, Linsley. And thanks to all of you for joining us. Before we get started, I want to share that in late November, Eric was named Head of Global Investments in recognition of his strong leadership, as well as his extensive investment experience. I know he will continue to focus on pursuing superior outcomes for our clients, and both Jen and I congratulate him on his expanded role. Eric will provide today's update on our investment organization, followed by Jen who will cover our financial results. With that, I will turn to 2023 results.