01-29-2022, 11:26 AM
Now that we have a forum TROW club, please share any info you run across. The only reason I can find for the dip is a reduction in assets undermanagement. They are paid fees on that number. Let's pretend nobody panic sells their 401K but the market dips 15% and stays there awhile. Now they are collecting fees on 15% less AUM. That makes sense, and the market actually should discount it, but the freefall in price does seem way overdone.