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INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. | 9 Months Ended
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Sep. 30, 2019
Information about Receivables, Revenues, and Services [Abstract] |
INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES | INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. Revenues earned during the three- and nine-month periods ended September 30, 2019 and 2018 under agreements with clients include:
| Three months ended 9/30/2019 |  | Three months ended 9/30/2018
|  |  | Administrative, distribution, and servicing fees |  |  |  |  |  | Administrative, distribution, and servicing fees |  |
(in millions) | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues |  | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues
U.S. mutual funds | $ | 881.0 |  |  | $ | 69.0 |  |  | $ | 30.1 |  |  | $ | 980.1 |  |  | $ | 877.3 |  |  | $ | 72.3 |  |  | $ | 34.6 |  |  | $ | 984.2 |
Subadvised and separate accounts and other investment products | 422.4 |  |  | — |  |  | — |  |  | 422.4 |  |  | 386.0 |  |  | — |  |  | — |  |  | 386.0 |
Other clients | — |  |  | 24.2 |  |  | — |  |  | 24.2 |  |  | — |  |  | 24.4 |  |  | — |  |  | 24.4 |
| $ | 1,303.4 |  |  | $ | 93.2 |  |  | $ | 30.1 |  |  | $ | 1,426.7 |  |  | $ | 1,263.3 |  |  | $ | 96.7 |  |  | $ | 34.6 |  |  | $ | 1,394.6 |
| Nine months ended 9/30/2019 |  | Nine months ended 9/30/2018
|  |  | Administrative, distribution, and servicing fees |  |  |  |  |  | Administrative, distribution, and servicing fees |  |
(in millions) | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues |  | Investment advisory fees |  | Administrative fees |  | Distribution and servicing fees |  | Net revenues
U.S. mutual funds | $ | 2,557.6 |  |  | $ | 215.3 |  |  | $ | 90.4 |  |  | $ | 2,863.3 |  |  | $ | 2,557.1 |  |  | $ | 228.5 |  |  | $ | 106.7 |  |  | $ | 2,892.3 |
Subadvised and separate accounts and other investment products | 1,210.2 |  |  | — |  |  | — |  |  | 1,210.2 |  |  | 1,109.8 |  |  | — |  |  | — |  |  | 1,109.8 |
Other clients | — |  |  | 75.7 |  |  | — |  |  | 75.7 |  |  | — |  |  | 65.5 |  |  | — |  |  | 65.5 |
| $ | 3,767.8 |  |  | $ | 291.0 |  |  | $ | 90.4 |  |  | $ | 4,149.2 |  |  | $ | 3,666.9 |  |  | $ | 294.0 |  |  | $ | 106.7 |  |  | $ | 4,067.6 |
Total net revenues earned from our related parties, specifically T. Rowe Price investment products, aggregate $1,180.9 million and $1,151.5 million for the three months ended September 30, 2019 and 2018, respectively. Total net revenues earned during the nine months ended September 30, 2019 and 2018 aggregate $3,421.9 million and $3,366.9 million, respectively. Accounts receivable from these products aggregate to $405.3 million at September 30, 2019, and $354.8 million at December 31, 2018. The following table details the investment advisory fees earned from clients by their underlying asset class.
| Three months ended |  | Nine months ended
(in millions) | 9/30/2019 |  | 9/30/2018 |  | 9/30/2019 |  | 9/30/2018
U.S. mutual funds |  |  |  |  |  |  |
Equity and blended assets | $ | 754.0 |  |  | $ | 745.5 |  |  | $ | 2,185.3 |  |  | $ | 2,169.0 |
Fixed income, including money market | 127.0 |  |  | 131.8 |  |  | 372.3 |  |  | 388.1 |
| 881.0 |  |  | 877.3 |  |  | 2,557.6 |  |  | 2,557.1 |
Subadvised and separate accounts and other investment products |  |  |  |  |  |  |
Equity and blended assets | 355.5 |  |  | 326.0 |  |  | 1,020.4 |  |  | 931.0 |
Fixed income, including money market | 66.9 |  |  | 60.0 |  |  | 189.8 |  |  | 178.8 |
| 422.4 |  |  | 386.0 |  |  | 1,210.2 |  |  | 1,109.8 |
Total | $ | 1,303.4 |  |  | $ | 1,263.3 |  |  | $ | 3,767.8 |  |  | $ | 3,666.9 |
The following table summarizes the assets under management on which we earn investment advisory fees.
| Average during |  | Average during |  |
| Three months ended |  | Nine months ended |  | As of
(in billions) | 9/30/2019 |  | 9/30/2018 |  | 9/30/2019 |  | 9/30/2018 |  | 9/30/2019 |  | 12/31/2018
U.S. mutual funds |  |  |  |  |  |  |  |  |  |  |
Equity and blended assets | $ | 521.3 |  |  | $ | 511.6 |  |  | $ | 507.5 |  |  | $ | 500.8 |  |  | $ | 513.0 |  |  | $ | 441.1 |
Fixed income, including money market | 129.2 |  |  | 129.9 |  |  | 125.7 |  |  | 128.6 |  |  | 129.6 |  |  | 123.4 |
| 650.5 |  |  | 641.5 |  |  | 633.2 |  |  | 629.4 |  |  | 642.6 |  |  | 564.5 |
Subadvised and separate accounts and other investment products |  |  |  |  |  |  |  |  |  |  |
Equity and blended assets | 370.2 |  |  | 331.8 |  |  | 353.3 |  |  | 318.4 |  |  | 373.4 |  |  | 299.2 |
Fixed income, including money market | 109.5 |  |  | 99.1 |  |  | 105.0 |  |  | 97.2 |  |  | 110.3 |  |  | 98.6 |
| 479.7 |  |  | 430.9 |  |  | 458.3 |  |  | 415.6 |  |  | 483.7 |  |  | 397.8 |
Total | $ | 1,130.2 |  |  | $ | 1,072.4 |  |  | $ | 1,091.5 |  |  | $ | 1,045.0 |  |  | $ | 1,126.3 |  |  | $ | 962.3 |
Investors that we serve are primarily domiciled in the U.S.; investment advisory clients outside the U.S. account for 6.5% and 6.2% of our assets under management at September 30, 2019, and December 31, 2018, respectively.

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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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