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AllianceBernstein

#3091

Rank

$4.08B

Marketcap

US United States

Country

AllianceBernstein
Leadership team

Mr. Seth Perry Bernstein (CEO, Pres & Director)

Ms. Catherine Cooney Burke (COO & CFO)

Mr. Karl Sprules (Head of Global Technology & Operations)

Products/ Services
Asset Management, Financial Services, Wealth Management
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
1967
Company Registration
SEC CIK number: 0000825313
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
AB
Social Media
Overview
Location
Summary
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
History

Origins

AllianceBernstein 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, Paul P. Bernstein, Shepard D. Osherow, Roger Hertog and Lewis A. 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.

2000–2015

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.

It had approximately US$800 billion assets under management as of the end of 2007.

2015

On January 20, 2015, AllianceBernstein announced a new brand name and logo.

2018

In February 2018, a senior research analyst of the firm, Paul Gait, defined the Democratic Republic of Congo – a country rich in cobalt, which is essential to the lithium-ion batteries that drive electric vehicles –as economically "the Saudi Arabia of the electric vehicle age."AllianceBernstein and Fidelity Investments took control of supermarket Winn-Dixie's parent company during the latter's 2018 bankruptcy.AllianceBernstein also have announced the move of their global headquarters and csuite from New York City to Nashville, while also having an office remaining in Midtown in New York City.

2019

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

2020

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

2021

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 O'Bryan Center.Columbia University partnered with AllianceBernstein in 2021 . In mid-August 2021, AllianceBernstein disclosed that it had entered a strategic partnership with LSV Advisors, LLC.

2022

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

Mission
Each and every team member at AB is dedicated to the mission of creating better futures for our clients. To do this, we have developed a shared set of values that guides us in our day-to-day actions and behaviors.
Vision
Our vision is to be the most trusted investment manager, helping our clients invest with confidence and create meaningful financial outcomes.
Key Team

Mr. William R. Siemers (Corp. Controller & Chief Accounting Officer)

Mr. Mark C. Griffin CFA (Head of Investor Relations)

Mr. Mark Randall Manley J.D. (Sr. VP, Gen. Counsel & Global Head of Compliance)

Mr. John Meyers (Director of Corp. Communications)

Steven Eisenberg (COO for Global Client Group and Head of Marketing & Client Service)

Mr. Thomas S. Hexner (Exec. VP and Head of Bernstein Gwm)

Ms. Sharon E. Fay C.F.A., CFA (Chief Responsibility Officer)

Recognition and Awards
AllianceBernstein was recognized in 2018, 2019 and 2020 by Pensions & Investments Magazine as one of the “Best Places to Work in Money Management.” The company has also been named “#1 Equity Fund Manager of the Decade” by Investment Management Reports and “Employer of Choice” in the investor and asset management industry by Wealth Management Magazine.
References
AllianceBernstein
Leadership team

Mr. Seth Perry Bernstein (CEO, Pres & Director)

Ms. Catherine Cooney Burke (COO & CFO)

Mr. Karl Sprules (Head of Global Technology & Operations)

Products/ Services
Asset Management, Financial Services, Wealth Management
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
1967
Company Registration
SEC CIK number: 0000825313
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
AB
Social Media