T.RowePrice INVEST WITH CONFIDENCE September 22, 2022 VIA EDGAR Ms. Amanda Ravitz and Ms. Barbara Jacobs United States Securities and Exchange Commission Division ofCorporate Finance Disclosure Review Program 1 00 F Street, N .E. Washington, D.C 20549-0405 Re: T. Rowe Price Group, Inc. Definitive Proxy Statement on Schedule 14A Filed March 23,2022 File No. 000-32191 Dear Ms. Ravitz and Ms. Jacobs: Please consider this letter an acknowledgement ofthe comments ofthe Staff ofthe Division of Corporation Finance (the "Staff') contained in the Staffs letter dated September 20, 2022, with respect to the Definitive Proxy Statement on Schedule 14A filed March 23, 2022, for the year ended December 31, 2021, filed by T. Rowe Price Group, Inc. I can confirm that, pursuant to your request, we will evaluate and enhance our future proxy disclosures in accordance with the topics discussed in the letter as well as any material developments to our risk oversight structure. Sincerely, E2 David Oestreicher General Counsel and Corporate Secretary cc: Jean-Marc Corredor, T. Rowe Price Group, Inc.(jean-marc.corredor@troweprice.com) T. Rowe Price Group, Inc. troweprice.com 100 East Pratt Street Baltimore. MD 21202 P.O. Box 89000 Baltimore, MD 21289