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AllianceBernstein

American asset management firm

Summary

American asset management firm

Field	Value
name	AllianceBernstein Holding L.P.
logo	AllianceBernstein logo.svg
image	501_Commerce_Tower_at_5th_and_Broadway.jpg
image_caption	Headquarters at 501 Commerce in Nashville, Tennessee
image_size	250px
type	Public subsidiary
traded_as
area_served	Worldwide
founders
key_people	Seth Bernstein (CEO)
Joan Lamm-Tennant (chair)
Karl Sprules (COO)
Tom Simeone (CFO)
industry	Asset management
products	Asset management, Mutual funds, Sell-side research, private wealth management
aum	(2025)
num_employees	4,856 (2025)
parent	Equitable Holdings (69%) (2025)
foundation
location	Nashville, Tennessee, U.S.
homepage
footnotes

Joan Lamm-Tennant (chair) Karl Sprules (COO) Tom Simeone (CFO)

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.

AllianceBernstein's headquarters is located in Nashville, Tennessee; the firm also has locations throughout the world. It has approximately in assets under management .

History

Origins

AllianceBernstein traces its origins back to Sanford C. Bernstein and the founding of his eponymous private investment firm in 1967. Later in 1968, Bernstein partnered with Zalman Bernstein, Paul P. Bernstein, Shepard D. Osherow, Roger Hertog and Lewis A Sanders to form Sanford C. Bernstein & Company.

Alliance Capital was founded in 1971 when the investment-management department of Donaldson, Lufkin & Jenrette merged with the investment-advisory business of Moody's Investor Services.

2000–2020

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

On January 20, 2015, AllianceBernstein announced a new brand name ("AB") and logo.

AllianceBernstein and Fidelity Investments took control of supermarket Winn-Dixie's parent company during the latter's 2018 bankruptcy.

In 2018, AllianceBernstein announced that it would move its global headquarters from New York City to Nashville, but still maintain a presence in New York City.

In 2019, AllianceBernstein partnered with Columbia University to provide training courses on sustainability and environmental sciences to its staff of investors.

In 2019, AllianceBernstein was flagged by the Boycott, Divestment and Sanctions movement as a subsidiary of AXA through which the French insurance group maintained indirect investments in Elbit Systems and Israeli banks despite a partial divestment by the parent company.

In June 2020, AllianceBernstein acquired investment-management firm AnchorPath for $400 million.

2021–present

In April 2021, AllianceBernstein moved to its new headquarters in Nashville, Tennessee. In September 2021, AllianceBernstein gave a $100,000 gift to the Nashville-based Martha O'Bryan Center, a non-profit which helps individuals experiencing poverty, transform their lives through work, education, employment and fellowship.

In mid-August 2021, AllianceBernstein disclosed that it had entered a strategic partnership with LSV Advisors, LLC, in which AB would become the exclusive private wealth partner for LSV.

In March 2022, it was announced that AllianceBernstein had acquired the Minneapolis-headquartered CarVal Investors – a global private alternatives investment manager.

References

https://www.alliancebernstein.com/corporate/en/home/our-history.html
(February 14, 2025). "2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission.
"AB Announces December 31, 2025 Assets Under Management".
"Shepard D. Osherow, Co-Founder Sanford C. Bernstein and Company".
"Our History".
(June 21, 2000). "Alliance Capital to Buy Sanford C. Bernstein".
"AllianceBernstein Launches New Branding Initiative".
(August 9, 2021). "Fidelity, AllianceBernstein Reap Payday After Winn-Dixie Rescue". Bloomberg.com.
(May 2, 2018). "An old Wall Street money manager with $500 billion is moving to Nashville from Manhattan to save money". [[CNBC]].
(May 11, 2022). "What Happened When a Wall Street Investment Giant Moved to Nashville". [[Bloomberg Businessweek]].
Nauman, Billy. (September 11, 2019). "AllianceBernstein sends staff to climate school".
(2021-08-16). "The World Is Starting to Pivot on Climate. It's Not Enough.".
"France investment firm AXA IM divests from Israel arms manufacturer". Middle East Monitor.
"AllianceBernstein acquires investment manager AnchorPath".
(April 29, 2021). "AllianceBernstein sets timetable for opening of new Fifth + Broadway headquarters". Nashville Business Journal.
Stinnett, Joel. (April 29, 2021). "AllianceBernstein sets timetable for opening of new Fifth + Broadway headquarters".
(September 10, 2021). "Of Note: AllianceBernstein gifts O'Bryan Center $100K".
"AllianceBernstein Forms Partnership with LSV Advisors for Firm's Private Wealth Business - SWFI".
(March 17, 2022). "AllianceBernstein to acquire global private alternatives manager CarVal Investors".
"AllianceBernstein Buys CarVal Investors for $750 Million - SWFI".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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