Exhibit

We consent to the incorporation by reference in the registration statement on Form S-8 of T. Rowe Price Group, Inc. of our reports dated February 7, 2017, with respect to the consolidated balance sheets of T. Rowe Price Group, Inc. and subsidiaries as of December 31, 2016 and 2015, and the related consolidated statements of income, comprehensive income, stockholders’ equity, and cash flows, for each of the years in the three-year period ended December 31, 2016, and the effectiveness of internal control over financial reporting of T. Rowe Price Group, Inc. as of December 31, 2016, which reports appear in the December 31, 2016 Annual Report on Form 10-K of T. Rowe Price Group, Inc.