AB Announces January 31, 2025 Assets Under Management

Rhea-AI Summary

AllianceBernstein (NYSE: AB) reported a 2% increase in assets under management (AUM) to $809 billion in January 2025, up from $792 billion in December 2024. The growth was primarily attributed to market appreciation and slightly positive firmwide net flows.

The company experienced net inflows in Retail and Institutions segments, partially offset by net outflows in Private Wealth. The AUM breakdown shows: Equity at $342 billion (actively managed: $272B, passive: $70B), Fixed Income at $299 billion (taxable: $211B, tax-exempt: $78B, passive: $10B), and Alternatives/Multi-Asset Solutions at $168 billion.

Positive

• AUM increased by 2% month-over-month to $809 billion
• Positive net inflows in Retail and Institutions segments
• Market appreciation contributed to AUM growth

Negative

• Net outflows in Private Wealth segment

Insights

Asset Management Analyst

The $17 billion increase in AllianceBernstein's AUM represents more than just market appreciation - it signals robust business momentum across multiple channels. The 2% monthly growth outpaces typical seasonal patterns, particularly noteworthy given January's market conditions.

The channel mix reveals interesting dynamics: Institutional AUM grew to $343 billion, while Retail reached $327 billion, showcasing AB's strong institutional relationships and retail distribution capabilities. The contrasting outflows in Private Wealth, however, warrant attention as high-net-worth investors typically provide stable, high-margin revenue streams.

The asset mix evolution is particularly telling. Actively managed equity strategies, at $272 billion, continue to dominate despite industry-wide passive trends, demonstrating AB's strong active management capabilities. The $299 billion in fixed income assets, with significant taxable and tax-exempt components, provides valuable revenue diversification, especially important in current market conditions.

The alternatives/multi-asset segment's growth to $168 billion is strategically significant, as these products typically command higher fees and provide better margins. This segment's expansion indicates successful execution of AB's strategy to diversify beyond traditional asset classes.

NASHVILLE, Tenn., Feb. 12, 2025 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $809 billion during January 2025 from $792 billion at the end of December. The 2% increase in month-end AUM was primarily driven by market appreciation, coupled with slightly positive firmwide net flows. By channel, net inflows into Retail and Institutions were partially offset by net outflows in Private Wealth.  

AllianceBernstein L.P. (The Operating Partnership)
Assets Under Management ($ in Billions)
	At January 31, 2025																Dec 31,
																	2024
									Private
	Institutions				Retail				Wealth				Total				Total
Equity
Actively Managed	$	50			$	166			$	56			$	272			$	264
Passive	25				39				6				70				68
Total Equity	75				205				62				342				332
Fixed Income
Taxable	118				74				19				211				210
Tax-Exempt	2				46				30				78				76
Passive	—				10				—				10				10
Total Fixed Income	120				130				49				299				296
Alternatives/Multi-Asset Solutions(1)	132				8				28				168				164
Total	$	327			$	343				139				809				792
	At December 31, 2024
Total	$	321			$	334			$	137			$	792
(1) Includes certain multi-asset solutions and services not included in equity or fixed income services.

Cautions Regarding Forward-Looking Statements

Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements" in AB's Form 10-K for the year ended December 31, 2024 or form 10-Q for the quarter ended September 30, 2024. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in "Risk Factors" and "Cautions Regarding Forward-Looking Statements", and those listed above, could also adversely affect AB's financial condition, results of operations and business prospects.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers  diversified investment services to institutional investors, individuals and private wealth clients in major world markets.

As of December 31, 2024, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 37.5% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 61.9% economic interest in AllianceBernstein.

Additional information about AB may be found on our website, www.alliancebernstein.com.

 

View original content:https://www.prnewswire.com/news-releases/ab-announces-january-31-2025-assets-under-management-302375191.html

SOURCE AllianceBernstein

FAQ

What was AB's total assets under management (AUM) in January 2025?

AB's total AUM in January 2025 was $809 billion, representing a 2% increase from $792 billion in December 2024.

How much of AB's AUM was in equity investments as of January 2025?

AB's equity investments totaled $342 billion, comprising $272 billion in actively managed and $70 billion in passive investments.

What caused the increase in AB's AUM in January 2025?

The 2% increase in AUM was primarily driven by market appreciation, along with slightly positive firmwide net flows.

Which segments experienced net inflows and outflows for AB in January 2025?

AB experienced net inflows in Retail and Institutions segments, while the Private Wealth segment saw net outflows.

What was AB's fixed income AUM composition in January 2025?

AB's fixed income AUM totaled $299 billion, consisting of $211 billion in taxable, $78 billion in tax-exempt, and $10 billion in passive investments.