AllianceBernstein

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AllianceBernstein
Type Publicly traded partnership
Traded as NYSEAB
Industry Asset Management
Founded 1967
Headquarters 1345 Avenue of the Americas,
New York, New York, U.S.
Key people Peter S. Kraus, Chairman & CEO,
Jim Gingrich, Chief Operating Officer
Employees 3,411
Parent AXA
Website alliancebernstein.com

AllianceBernstein LP is a US-based, global asset management firm providing solution-based diversified investment management services worldwide to Institutional, High-net-worth and Retail individuals.

AllianceBernstein’s investment services encompass value and growth equities, blend strategies, fixed income, alternatives and asset allocation. It also provides independent investment research, trading and brokerage-related services to Institutional clients through Sanford C. Bernstein & Co. LLC and its London-based affiliate.

AllianceBernstein is based in New York, U.S.A. It has approximately US$477 billion in assets under management as of July 31, 2014.

History[edit]

AllianceBernstein traces its origins back more than 45 years. Sanford C. Bernstein was founded in 1967 as an investment-management firm for private clients. Alliance Capital was founded in 1971 when the investment-management department of Donaldson, Lufkin & Jenrette, Inc., merged with the investment-advisory business of Moody's Investor Services, Inc.

In October 2000, Alliance Capital acquired Sanford C. Bernstein. Alliance Capital's expertise in growth equity and corporate fixed-income investing[citation needed], and its family of retail mutual funds, complemented Bernstein's expertise in value equity and tax-exempt fixed-income management, and its private-client business.[citation needed]

Company owners[edit]

French insurer AXA owns more than half of the company.

See also[edit]

References[edit]