Alliancebernstein: AUM & Ownership

Clients

Alliancebernstein serves 30,285 clients, 25,513 of them high-net-worth individuals. The average client has about $25 million with the firm, and high-net-worth clients hold 10% of its $763.4 billion in assets.

Regulatory assets by client type

High-net-worth individuals25,513 clients10%
Investment companies158 clients27%
Pooled investment vehicles412 clients28%
State or municipal government entities49 clients7%
Other investment advisers59 clients6%
OtherInsurance companies, Sovereign wealth funds and foreign official institutions, Pension and profit-sharing plans, Charitable organizations, Corporations and other businesses21%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
High-net-worth individuals	25,513	$77,345,000,000	10.1%	$3.03M
Investment companies	158	$208,189,000,000	27.3%	$1.32B
Pooled investment vehicles	412	$215,323,000,000	28.2%	$522.6M
Pension and profit-sharing plans	539	$13,226,000,000	1.7%	$24.5M
Charitable organizations	2,289	$5,886,000,000	0.8%	$2.57M
State or municipal government entities	49	$56,312,000,000	7.4%	$1.15B
Other investment advisers	59	$44,571,000,000	5.8%	$755.4M
Insurance companies	35	$114,322,000,000	15.0%	$3.27B
Sovereign wealth funds and foreign official institutions	12	$15,400,000,000	2.0%	$1.28B
Corporations and other businesses	1,219	$12,827,000,000	1.7%	$10.5M
Total	30,285	$763,401,000,000	100%	$25.2M

High-net-worth individuals

Clients: 25,513
Regulatory AUM: $77,345,000,000
Share: 10.1%
Avg. per client: $3.03M

Investment companies

Clients: 158
Regulatory AUM: $208,189,000,000
Share: 27.3%
Avg. per client: $1.32B

Pooled investment vehicles

Clients: 412
Regulatory AUM: $215,323,000,000
Share: 28.2%
Avg. per client: $522.6M

Pension and profit-sharing plans

Clients: 539
Regulatory AUM: $13,226,000,000
Share: 1.7%
Avg. per client: $24.5M

Charitable organizations

Clients: 2,289
Regulatory AUM: $5,886,000,000
Share: 0.8%
Avg. per client: $2.57M

State or municipal government entities

Clients: 49
Regulatory AUM: $56,312,000,000
Share: 7.4%
Avg. per client: $1.15B

Other investment advisers

Clients: 59
Regulatory AUM: $44,571,000,000
Share: 5.8%
Avg. per client: $755.4M

Insurance companies

Clients: 35
Regulatory AUM: $114,322,000,000
Share: 15.0%
Avg. per client: $3.27B

Sovereign wealth funds and foreign official institutions

Clients: 12
Regulatory AUM: $15,400,000,000
Share: 2.0%
Avg. per client: $1.28B

Corporations and other businesses

Clients: 1,219
Regulatory AUM: $12,827,000,000
Share: 1.7%
Avg. per client: $10.5M

Total

Clients: 30,285
Regulatory AUM: $763,401,000,000
Share: 100%
Avg. per client: $25.2M

What it does

Alliancebernstein provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters and other activities. It is paid through a percentage of assets, subscription fees, fixed fees, commissions and performance-based fees.

Alliancebernstein provided financial planning to 36,500 clients last fiscal year and advises 49 private funds.

98.3% of assets ($750.28B across 75,555 accounts) are managed with discretion; $13.12B across 401 accounts are not. $61.32B sits in a wrap fee program the firm both sponsors and manages. 2% of clients are outside the U.S., and 16 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks38%
Funds5%
Bonds46%
- State and local bonds19%
- Investment grade corporate bonds19%
- U.S. government and agency bonds4%
- Sovereign bonds3%
- High-yield corporate bonds1%
Cash1%
Other10%
- Includes primarily structured debt products, like mortgage and other asset backed securities.10%

Custodians

Alliancebernstein’s client accounts are held mainly at Sanford C. Bernstein &, with 20% of managed assets, and J.P. Morgan, with 18%. Alliancebernstein has custody of $39.60B for 117 clients.

Managed account assets by custodian

Sanford C. Bernstein &Sanford C. Bernstein & Co., LLC · New York, NY · $156.39B20%
J.P. MorganJP Morgan Chase · New York, NY · $138.89B18%
All other custodians$468.12B61%

Ownership and leadership

Alliancebernstein Holding L.P. owns 25% to 50% of Alliancebernstein, and Seth Bernstein is its CEO.

Who owns the firm

Alliancebernstein L.P.· the adviser

Alliancebernstein Holding L.P.
Control person · since October 1999
Owns 25% to 50% of Alliancebernstein L.P.
- Alliancebernstein Corporation
  0.1% general partner interest · Control person · since April 1988
Equitable Holdings, Inc.
Control person · since May 2018
Owns 25% to 50% of Alliancebernstein L.P.
Alpha Units Holdings, Inc.
Control person · since May 2018
Owns 25% to 50% of Alliancebernstein L.P.
Alpha Units Holdings II, Inc.
Control person · since January 2016
Owns 10% to 25% of Alliancebernstein L.P.

Leadership

Seth Bernstein
Chief Executive Officer
Ahmet Erzan
President
Thomas Simeone
Chief Financial Officer
Karl Sprules
Chief Operating Officer
Paul Emerson
Chief Compliance Officer
Bruce Holley
Director of Abc
Daniel Kaye
Director of Abc
Joan Lamm-Tennant
Chairman and Director of Abc
Nicholas Burritt Lane
Director of Abc
Mark Manley
General Counsel & Corporate Secretary
Das Narayandas
Director of Abc
Mark Pearson
Director of Ab
Robin Raju
Director of Abc
Charles Stonehill
Director of Abc
Todd Walthall
Director of Abc

Staff

4,204 employees
1,616 in advisory functions
507 state-registered reps
1,146 broker-dealer reps
16 insurance agents
30 soliciting firms

Reported holdings

Alliancebernstein’s reported 13F holdings total $302.33B across 3,317 positions, and the ten largest make up 31.0% of it.

$302.33B
Reported 13F value: 3,317
Positions: 31.0%
In the 10 largest: −2.1%
Value vs. prior quarter

Ten largest positions, share of reported value

Nvidia Corporation5.6%
KLA Corp.3.6%
Apple Inc.3.6%
Alphabet Inc. · Cap Stk CL C3.5%
Microsoft Corp.3.2%
Amazon Com Inc.2.6%
Booking Holdings Inc.2.6%
Broadcom Inc.2.4%
Meta Platforms Inc. · CL A2.3%
Visa Inc. · Com CL A1.8%

Together, the ten largest are 31.0% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $302.33B is not its $763.40B in regulatory assets and does not represent any individual client's portfolio.

Fees

Alliancebernstein is paid through a percentage of assets under management, subscription fees, fixed fees (other than subscription fees), commissions and performance-based fees.

Alliancebernstein’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Alliancebernstein has 59 offices, with 21 listed addresses across 15 states.

Listed office addresses by state

Tennessee · 1 listed address

501 Commerce Street, NashvilleHQ

Registration details

Legal name: Alliancebernstein L.P.
Headquarters: 501 Commerce Street, Nashville, TN 37203
Phone: 615-622-0000
Website: alliancebernstein.bsky.social
SEC file: 801-56720
Structure: Delaware limited partnership
Fiscal year end: December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Alliancebernstein have?

Alliancebernstein has 30,285 clients and manages $763.4 billion for them, as of July 2026. They include 25,513 high-net-worth individuals, 2,289 charitable organizations and 1,219 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 July 2026

What services does Alliancebernstein offer?

Alliancebernstein provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Alliancebernstein use?

Alliancebernstein’s separately managed account assets are held at Sanford C. Bernstein & Co., LLC (New York, NY), with $156,388,366,011 and JP Morgan Chase (New York, NY), with $138,891,801,223. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 July 2026

How many financial advisors does Alliancebernstein have?

Alliancebernstein has 507 investment adviser representatives registered with state securities authorities, out of 4,204 employees, and 1,616 perform investment advisory functions. 1,146 are registered representatives of a broker-dealer and 16 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Alliancebernstein invest in?

At the end of its last fiscal year, Alliancebernstein’s separately managed accounts held 38% exchange-traded equities, 19% state and local bonds, 19% investment grade corporate bonds, 10% includes primarily structured debt products, like mortgage and other asset backed securities., 5% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds, 3% sovereign bonds, 1% high-yield corporate bonds and 1% cash and equivalents. It advises 49 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Alliancebernstein?

Alliancebernstein’s direct owners are Alliancebernstein Holding L.P., Alpha Units Holdings II, Inc., Equitable Holdings, Inc. and Alpha Units Holdings, Inc., each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 7 July 2026

How does Alliancebernstein get paid?

Alliancebernstein is paid through a percentage of assets under management, subscription fees, fixed fees, commissions and performance-based fees.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file