Sanford Bernstein

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Sanford C. Bernstein & Co., also known as Bernstein, is a US financial research company which has been a subsidiary of Investment management firm AllianceBernstein since 2000. It is the sell-side research unit focusing on providing services to investment managers, but also has its own sales and support functions for private clients. The company is majority-owned through its parent by the French insurance company AXA.

History[edit]

Sanford C. Bernstein was founded by Zalman Bernstein in 1967 as an investment-management firm for private clients.[1]

In October 2000, Alliance Capital acquired Sanford C. Bernstein to form AllianceBernstein.[2]

Services[edit]

Bernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting. Bernstein also offers customized quantitative services and trading services. Bernstein has been consistently among the most highly ranked independent sell-side research teams, according to industry surveys conducted by third-party organizations.[citation needed] Bernstein provides bottom-up coverage and portfolio strategies supported by sophisticated quantitative tools. The Bernstein research brand is defined by their Blackbooks, reports that are known for their unbiased, in-depth company and industry forecasts.[citation needed]

References[edit]

  1. ^ Zalman Bernstein, Wall Street giant, dies, j., February 5, 1999
  2. ^ Our History-Our Firm-AllianceBernstein. Alliancebernstein.com. Retrieved on 2011-09-01.