Logo used since 2015
|Publicly traded partnership|
|Traded as||NYSE: AB|
|Headquarters||1345 Avenue of the Americas
New York, New York, U.S.
|Peter S. Kraus, Chairman & CEO,
Jim Gingrich, Chief Operating Officer
|Products||Asset management, Mutual funds, Sell-side research, private wealth management|
Number of employees
AllianceBernstein L.P. (AB) is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors.
AB traces its origins back to the founding of Sanford C. Bernstein in 1967 as an investment-management firm for private clients. Sanford C. Bernstein & Company was originally co-founded by Zalman Bernstein, Shepard D. Osherow, Roger Hertog,and Lewis Sanders.
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 growth equity and corporate fixed-income investing, and its family of retail mutual funds, accompanied Bernstein's value equity and tax-exempt fixed-income management, and its private-client business.
On January 20, 2015, the firm announced changes to its brand identity and messaging to better reflect the evolution of the firm. This new brand initiative, Ahead of Tomorrow, captures both the company's progress and its unique approach to innovating and delivering for clients. The new brand name, "AB," and logo better embody the firm's distinct offerings and unified culture.
Institutional Investment Management
AB provides investment services and solutions for institutions across the globe. Typical clients include Defined benefit pension plans and Defined contribution plans. As of December 31, 2014 Institutional Assets under management were US$237 Billion.
The retail part of AB provides financial professionals and individual investors with the investment solutions, research, insights and tools that cover mutual funds, Managed Accounts, College Saving, Retirement Saving, and Insurance Services.
Private Wealth Management
Bernstein Wealth Management, part of AB, provides investment and wealth-planning services for high-net-worth clients in the Americas
529 Savings Plan
Rhode Island’s 529 savings plan, CollegeBoundfund®, is managed by AB and features AB mutual funds.
Headquarters and locations
- "Assets Under Management and Financials".
- AllianceBernstein Holding LP, New York Times, June 3, 2015
- "Shepard D. Osherow, Co-Founder Sanford C. Bernstein and Company". yourcompanyswebsite.com. Retrieved 2015-12-23.
- "Alliance Capital to Buy Sanford C. Bernstein".
- "AB AUM".
- "AB Retail website".
- "Bernstein Research Website".
- "Bernstein Global Management website".
- "List of 529 plans".
- "AB Locations".
- "Company Information on SEC Website".