BALTIMORE, April 18 /PRNewswire-FirstCall/ -- As part of its
long-standing commitment to providing investors with world-class service
and education, T. Rowe Price is now offering a free CD-ROM that provides a
simple, secure tool to easily organize financial and other critical
The unique, interactive "Family Records Organizer" CD-ROM offers a
single place where individuals can safely store and update key personal
data, providing an overall picture of their financial situation,
facilitating conversations within families, and easing burdens on those who
end up managing their affairs or estate.
Many people have dozens of financial records, and keeping track of them
can be difficult. This easy-to-use organizer helps to solve that challenge
and provide heirs with what they will need to know. Among its features:
-- The organizer is comprehensive, covering investments, credit cards,
sources of income, insurance, loans, property holdings, medical
information, and estate and funeral planning.
-- It is interactive. Once the names of contacts are entered in one
section of the program, they are stored in an address book and can be
automatically summoned as needed in other sections.
-- It is secure. Users need both the CD-ROM and a password to access
-- It is educational. The organizer's Learning Center offers videos in
which T. Rowe Price financial planners discuss key issues, as well as
more than 40 text answers to a wide variety of questions - from the
differences between Roth and Traditional IRAs to defining a health care
power of attorney to a checklist for assessing funeral services and
costs. There's also a "Help me!" function every step of the way.
-- It can be customized. Print-outs of data can include all of it or
exclude certain sensitive information, such as account balances or
-- It is flexible. The program can be used in its entirety or just in
parts. Data can be updated as needed, and there is even a "fast track"
function enabling users to quickly enter just their most essential
data. The program also includes places for adding extensive notes and
even such miscellaneous contacts as phone and cable providers.
"The Family Records Organizer" CD-ROM "is a great tool for
consolidating financial information, and it can be of tremendous value to
the people who care about you most," says Christine Fahlund, senior
financial planner at T. Rowe Price.
The organizer could be particularly useful in an emergency, and it also
could help with sometimes difficult but essential conversations across
generations about financial and estate matters. "Even for a simple estate,
there's usually a lot of data to manage, without even including
dollars-and- cents figures," Ms. Fahlund says. "Sometimes, I fear we don't
realize how much we're asking of our family members when we name them to
manage our financial affairs. The least we can do is make the job less
onerous for them."
The free CD-ROM is compatible with PCs (but not Macs) and can be
ordered at troweprice.com/getorganized, by calling 1-800-538-2706 or by
visiting a T. Rowe Price Investor Center.
Founded in 1937, Baltimore-based T. Rowe Price (Nasdaq: TROW) is a
global investment management firm with $334.7 billion in assets under
management as of December 31, 2006. The firm provides a broad array of
mutual funds, sub- advisory services, and separate account management for
individual and institutional investors, financial intermediaries, and
retirement plans. T. Rowe Price's disciplined, risk-aware investment
approach focuses on diversification, style consistency, and fundamental
SOURCE T. Rowe Price Group, Inc.