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In November 2020, T. Rowe Price Group, Inc. announced plans to establish T. Rowe Price Investment Management, Inc. as a separate U.S.-based investment adviser.
Stephon "Steph" Jackson, a 13-year veteran of T. Rowe Price’s Equity Division, was tapped to become the head of T. Rowe Price Investment Management, Inc. Jackson joined the T. Rowe Price Group, Inc., Management (TRPIM) Committee as of January 1, 2021.
“Having two strong, yet separate, research platforms will enable us to continue delivering excellent investment performance for our clients," said William J. Stromberg, president and CEO, T. Rowe Price, in a statement.
“T. Rowe Price has deep experience building and managing strong-performing investment platforms and a history of successfully incorporating business changes that best serve our clients," Jackson added in the same press release. "Leadership and the investment team are confident that TRPIM has the right mix of investment professionals to continue delivering the investment excellence that is the bedrock of our culture.”
Jackson's investment experience began in 1986. He has been with T. Rowe Price since 2007, beginning in the U.S. Equity Division as a portfolio specialist, supporting U.S. small-cap and mid-cap strategies. After that, he was a director of Equity Research, leading the U.S. Associate Analyst team, and served as a director of Equity Research–Europe in the International Equity Division.
Jackson is a former member of the International Steering, Equity Research, and Risk Management Oversight Committees. He also is the former chair of MOSAIC, a business resource group that identifies issues and opportunities relevant to talent, business practices, and culture in support of the firm's diversity and inclusion strategy.
Prior to T. Rowe Price, Jackson was a senior portfolio manager and a managing director with Brown Capital Management, where he managed midcap and large-cap growth portfolios. Before that, he was a growth portfolio manager and director of equity research with NCM Capital Management.
Jackson earned a bachelor's degree in business administration from the University of North Carolina, Chapel Hill, where he was a Morehead Scholar, and an M.B.A. from the University of Pennsylvania, The Wharton School. He has earned the Chartered Financial Analyst® designation