|Founded||1967 (as Sanford C. Bernstein)|
|Headquarters||New York City|
|Key People||Seth P. Bernstein, President and Chief Executive Officer|
AllianceBernstein is a global investment management firm. It offers research and diversified investment services to institutional clients, individuals and private clients. It employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies and alternative investments. Through its subsidiaries and joint ventures, it operates in more than 20 countries. As of 2018, the company had assets under management of approximately $1,544.70.
AllianceBernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting. It also offers independent research, portfolio strategy and brokerage-related services to institutional investors.
As of February 2, 2009, AllianceBernstein Holding L.P. owned approximately 34.6 percent of AllianceBernstein Units, and AXA Financial was the beneficial owner of approximately 64.7 percent.
The original company, Sanford C. Bernstein, was founded by its namesake in 1967 as a private securities firm. Under Bernstein, the firm grew into one of the largest independent investment managers.
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 Investors Service, Inc. Alliance Capital acquired Sanford C. Bernstein in October 2000 to form AllianceBernstein.
Products and Services
- Seth P. Bernstein, President and Chief Executive Officer
- John C. Weisenseel, Chief Financial Officer
- James A. Gingrich, Chief Operating Officer