Alliancebernstein Hldg L P Stock Price, News & Analysis

Bernstein Private Wealth Management, a unit of AllianceBernstein (NYSE: AB), has been awarded the Financial Advisor Team of the Year at the 2025 STEP Private Client Awards for the second time, following their previous win in 2021. The firm's Global Families team was recognized for their excellence in cross-border wealth management for ultra-high-net-worth (UHNW) clients.

The award acknowledges Bernstein's expertise in managing complex cross-border challenges, next-generation education, offshore investment platforms, and ethical practices. The firm, which manages $144 billion in assets as of June 30, 2025, was selected from 337 entries across 25 countries. The Global Families team specializes in providing integrated advice for US and international families, business owners, and family offices, addressing complex tax, regulatory, and investment challenges.

Bernstein Private Wealth Management, a unit of AllianceBernstein (NYSE: AB), has won the Best Broker-Dealer Ultrahigh-Net-Worth Service award at the 2025 WealthManagement.com Industry Awards. The recognition comes after the firm enhanced its UHNW platform in January 2024 with a dedicated service team and specialized offerings.

The platform provides access to Bernstein Wealth Advisors and experts in family offices, global families, and wealth strategy, focusing on multigenerational planning. The firm, which manages $144 billion in assets as of June 30, 2025, was selected from over 1,200 entries submitted by more than 400 companies in the 11th annual "Wealthies" awards program.

AllianceBernstein (NYSE: AB) has launched its new AB International Growth ETF (IGGY) on the New York Stock Exchange. The actively managed ETF aims to achieve long-term capital growth by investing in companies outside the U.S.

The fund will be managed by Thorsten Winkelmann, AB's CIO of European and Global Growth Equities, supported by an investment team with over 50 years of combined experience. Jane Street will serve as the Lead Market Maker for the fund.

AllianceBernstein's (NYSE: AB) Bernstein Private Wealth Management unit announced key leadership changes in its Houston office, appointing Stephen Lewis as Senior National Director, Co-Head of Houston office and Head of National Client Experience, alongside Adam Geist as Managing Director and Co-Head.

Lewis, with 24 years of financial services experience and one of the Houston office's original founders in 2002, will oversee firmwide client experience initiatives while partnering with Geist on various strategic initiatives. Geist, bringing over 20 years of experience, joined Bernstein in 2021 and will lead the wealth advisor team serving high-net-worth clients.

The appointments come as Houston emerges as a leading market for wealth and innovation. Bernstein currently manages $144 billion in assets as of June 30, 2025.

AllianceBernstein (NYSE: AB) reported a significant increase in assets under management (AUM) to $844 billion in August 2025, up 2% from $830 billion in July 2025. The growth was driven by firmwide net inflows and market appreciation.

The company's AUM breakdown shows: Equity at $351 billion ($276B actively managed, $75B passive), Fixed Income at $307 billion ($214B taxable, $83B tax-exempt, $10B passive), and Alternatives/Multi-Asset Solutions at $186 billion. By channel, Institutions held $345B, Retail $351B, and Private Wealth $148B.

Net inflows were positive for Institutions and Private Wealth channels, while Retail experienced net outflows during the period.

AllianceBernstein (NYSE: AB) has announced two strategic hires to accelerate growth in key markets. The firm appointed Gregory Kadet and Cecily Bolding as Managing Directors for the Rocky Mountains and Dallas offices respectively, reporting to Adam Sansiveri.

Kadet brings over 30 years of experience, previously managing $50 billion in assets and 350 employees at UBS. Bolding, with 20 years in wealth management, joins from Northern Trust where she was Managing Director of the Dallas market.

This expansion follows Bernstein's July 2025 announcement of inorganic growth plans and its ultrahigh-net-worth platform expansion in January 2024. The firm currently manages $144 billion in assets as of June 30, 2025.

AllianceBernstein (NYSE:AB) has announced that its 2024 Schedule K-3 is now available for download online. This tax document contains important international tax information primarily relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders.

Unitholders can access their Schedule K-3 through www.taxpackagesupport.com/ab or request an electronic copy via email by calling Tax Package Support at (844) 275-9875. AB recommends that affected unitholders review the information carefully and consult with tax advisors as needed.

AllianceBernstein (NYSE: AB) reported that its assets under management (AUM) remained steady at $829 billion in July 2025, unchanged from June. Market gains were offset by net outflows, primarily due to a $4.0 billion institutional outflow related to the EQH-RGA reinsurance transaction.

The AUM breakdown shows $347 billion in Equity (including $273B actively managed), $299 billion in Fixed Income, and $183 billion in Alternatives/Multi-Asset Solutions. By client channel, assets were distributed across Institutions ($337B), Retail ($346B), and Private Wealth ($146B).

AllianceBernstein (NYSE:AB) reported Q2 2025 financial results with adjusted net income of $0.76 per unit and declared a cash distribution of $0.76 per unit. The firm's assets under management reached a record $829.1 billion, with private wealth representing 17% and EQH general account assets comprising 10% of the $685 billion asset management business.

The quarter saw active net outflows of $4.8 billion, primarily in April, though flows improved by June as conditions stabilized. The institutional pipeline expanded to $21.9 billion, up from $13.5 billion in Q1. Compared to Q2 2024, investment advisory base fees grew 4%, adjusted operating income increased 7%, and adjusted operating margin expanded 150 basis points to 32.3%.