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INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. | 3 Months Ended
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Mar. 31, 2018
Information about Receivables, Revenues, and Services [Abstract] |
INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES | INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. Revenues earned during the first quarter of 2017 and 2018 under agreements with clients include:
| Three months ended 3/31/2017
|  |  | Administrative, distribution, and servicing fees |  |
(in millions) | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues
U.S. mutual funds | $ | 717.4 |  |  | $ | 86.3 |  |  | $ | 35.2 |  |  | $ | 838.9 |
Subadvised and separately managed accounts and other investment products | 275.3 |  |  | — |  |  | — |  |  | 275.3 |
Other | — |  |  | 18.4 |  |  | — |  |  | 18.4 |
| $ | 992.7 |  |  | $ | 104.7 |  |  | $ | 35.2 |  |  | $ | 1,132.6 |
| Three months ended 3/31/2018
|  |  | Administrative, distribution, and servicing fees |  |
(in millions) | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues
U.S. mutual funds | $ | 832.9 |  |  | $ | 81.8 |  |  | $ | 36.6 |  |  | $ | 951.3 |
Subadvised and separately managed accounts and other investment products | 356.3 |  |  | — |  |  | — |  |  | 356.3 |
Other | — |  |  | 20.4 |  |  | — |  |  | 20.4 |
| $ | 1,189.2 |  |  | $ | 102.2 |  |  | $ | 36.6 |  |  | $ | 1,328.0 |
The following table details the investment advisory fees earned from clients by their underlying asset class.
| Three months ended
(in millions) | 3/31/2017 |  | 3/31/2018
U.S. mutual funds |  |  |
Equity and blended assets | $ | 594.2 |  |  | $ | 705.5 |
Fixed income and money market | 123.2 |  |  | 127.4 |
| 717.4 |  |  | 832.9 |
Subadvised and separately managed accounts and other investment products |  |  |
Equity and blended assets | 227.9 |  |  | 297.0 |
Fixed income and money market | 47.4 |  |  | 59.3 |
| 275.3 |  |  | 356.3 |
Total | $ | 992.7 |  |  | $ | 1,189.2 |
The following table summarizes the investment portfolios and assets under management on which we earn investment advisory fees.
| Average during |  |
| the first quarter of |  | As of
(in billions) | 2017 |  | 2018 |  | 12/31/2017 |  | 3/31/2018
U.S. mutual funds |  |  |  |  |  |  |
Equity and blended assets | $ | 421.0 |  |  | $ | 494.6 |  |  | $ | 480.5 |  |  | $ | 484.1 |
Fixed income and money market | 115.5 |  |  | 127.4 |  |  | 125.8 |  |  | 128.8 |
| 536.5 |  |  | 622.0 |  |  | 606.3 |  |  | 612.9 |
Subadvised and separately managed accounts and other investment products |  |  |  |  |  |  |
Equity and blended assets | 231.6 |  |  | 308.2 |  |  | 291.9 |  |  | 304.8 |
Fixed income and money market | 77.3 |  |  | 95.3 |  |  | 92.9 |  |  | 96.5 |
| 308.9 |  |  | 403.5 |  |  | 384.8 |  |  | 401.3 |
Total | $ | 845.4 |  |  | $ | 1,025.5 |  |  | $ | 991.1 |  |  | $ | 1,014.2 |
Investors that we serve are primarily domiciled in the U.S.; investment advisory clients outside the U.S. account for 5.8% and 6.0% of our assets under management at December 31, 2017, and March 31, 2018, respectively. Total net revenues earned from T. Rowe Price investment products aggregate $945.0 million and $1,100.6 for the first quarter of 2017 and 2018, respectively. Accounts receivable from these products aggregates $365.3 million at December 31, 2017, and $388.8 million at March 31, 2018.

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- Definition Information about Receivables, Revenues, and Services + References No definition available. + Details
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- Definition This element is used to indicate facts reported for the continuing operations of a business entity including disclosure of receivables from sponsored mutual funds for both advisory fees and administrative services provided. This element also includes disclosure of the components of investment advisory fees and administrative fees earned as well as the components of average assets and period end assets under management. + References No definition available. + Details
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