T. Rowe Price Adding Morningstar Tools To Web Site

NU Online News Service, Aug. 27, 3:45 p.m. – T. Row Price Associates, Baltimore, has agreed to buy financial information and analytical tools for its 401(k) Web site, at http://www.troweprice.com, from Morningstar Associates L.L.C., Chicago, a registered investment advisor affiliated with Morningstar Inc..

T. Rowe Price will be adding a Morningstar retirement accumulation analyzer, which uses Monte Carlo simulations to analyze the probability of various retirement planning scenarios, by the end of the year.

T. Rowe Price will also add a Morningstar individual retirement account calculator, Morningstar fund family reference information, and a Morningstar tools that helps investors determine what individual stocks they own, both through direct ownership and indirectly through mutual funds.