AllianceBernstein Holding LP

alliancebernstein.com

What Do They Do?

Provides investment management and related services to institutions, individual investors and private wealth clients worldwide.

Who Are Their Customers?

Institutional clients such as pension plans, foundations, insurers and governments use managed accounts and pooled investment vehicles; individual retail investors access funds and separately managed accounts through financial intermediaries.

Do Revenues Turn Into Profits?

Yes. It kept 90 cents of every revenue dollar as net income in .

Net income,

90% of revenue

▼ −29% vs ($423.4M, 92%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Net income: ▲ +2%; vs $70.2M in Q2 FY2025

Sell-side research The older report lists Bernstein Research Services as a separate sell-side business; the latest report's channel description omits it, after AB contributed that business to joint ventures.