T. Rowe Price Group, Inc. (NasdaqGS:TROW) is looking for M&A. Jennifer Dardis, Chief Financial Officer said, "This balance sheet position, along with recurring cash generation gives us flexibility to invest in the business and to maintain optionality for future M&A, while continuing to provide strong return of capital for our stockholders. While there's no change in our philosophy to buy back their dividends, we will continue to balance this stance with potential M&A to add new capabilities should that opportunity arise".