History and Acquisitions
- AllianceBernstein traces its origins back to the founding of Sanford C. Bernstein in 1967.
- Sanford C. Bernstein & Company was co-founded by Zalman Bernstein, Paul P. Bernstein, Shepard D. Osherow, Roger Hertog, and Lewis A. Sanders.
- Alliance Capital was founded in 1971 through a merger with Donaldson, Lufkin & Jenrette, Inc. and Moodys Investor Services, Inc.
- In October 2000, Alliance Capital acquired Sanford C. Bernstein.
- In 2015, AllianceBernstein announced a new brand name (AB) and logo.
- In June 2020, AllianceBernstein acquired investment management firm AnchorPath for $400 million.
- In March 2022, AllianceBernstein acquired the Minneapolis-headquartered CarVal Investors.
Financial Performance
- By the end of 2007, AllianceBernstein had approximately US$800 billion assets under management.
- As of 2023, AllianceBernstein is 64 percent owned by Equitable Holdings.
Recent Developments and Partnerships
- In 2018, AllianceBernstein announced the move of their global headquarters from New York City to Nashville.
- In 2019, AllianceBernstein partnered with Columbia University to provide training courses on sustainability and environmental sciences.
- In April 2021, AllianceBernstein moved to a new headquarters in Nashville, Tennessee.
- In September 2021, AllianceBernstein gave a $100,000 gift to the Nashville-based Martha OBryan Center.
- In mid-August 2021, AllianceBernstein entered a strategic partnership with LSV Advisors, LLC.
Organization and Services
- AllianceBernstein has its global headquarters in Nashville, Tennessee.
- It has offices in 46 locations across 22 countries.
- AllianceBernstein provides investment services for institutions, including defined benefit pension plans and defined contribution plans.
- The retail part of AllianceBernstein offers investments, research, and tools for financial professionals and individual investors.
- Sell-side research and brokerage services are provided by subsidiary Sanford C. Bernstein.
Related Information
- Group Retirement Plan
- Individual Retirement Account
- Mutual fund
- Standard & Poor's
- 10-K Form 2022, U.S. Securities and Exchange Commission
AllianceBernstein Holding L.P. (AB) is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors.
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![]() Headquarters at 501 Commerce in Nashville, Tennessee | |
Type | Publicly traded partnership |
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NYSE: AB | |
Industry | Asset management |
Founded | 1967 |
Founders |
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Headquarters | Nashville, Tennessee, U.S. |
Area served | Worldwide |
Key people | Seth Bernstein (CEO) Ramon de Oliveira (Chairman) Kate Burke (COO) John Weisenseel (CFO) |
Products | Asset management, Mutual funds, Sell-side research, private wealth management |
Revenue | ![]() |
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AUM | ![]() |
Total assets | ![]() |
Total equity | ![]() |
Owner | Equitable Holdings (64%) |
Number of employees | 4,436 (Dec 2022) |
Website | alliancebernstein |
AllianceBernstein's headquarters are located in Nashville, Tennessee; the firm also has locations throughout the world. It has approximately US$779 billion in assets under management as of 31 December 2021[update].