Alliancebernstein Holding LP (N:AB)

Business Focus: Investment Management

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEC
Company Contact
Address: 501 Commerce Street
NASHVILLE TN 37203
Tel: N/A
Website: https://www.alliancebernstein.com/corporate/en/investor-relations/tax-information.html
IR: See website
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Key People
Seth P. Bernstein
President, Chief Executive Officer, Director of General Partner
Jackie Marks
Chief Financial Officer
Karl Sprules
Chief Operating Officer, Head of Global Technology & Operations
Mark R. Manley
Senior Vice President, General Counsel, Global Head of Compliance of General Partner
Thomas Simeone
Chief Accounting Officer, Controller
Onur Erzan
Head of Private Wealth, Head of Institutions and Retail of General Partner
Business Overview
AllianceBernstein Holding L.P. is a global investment management company. The Company provides diversified investment management, research, and related services to a range of clients. Its principal services include Institutional Services, Retail Services, Private Wealth Management Services and Bernstein Research Services. It offers Institutional Services to its institutional clients, which include private and public pension plans, foundations and endowments, insurance companies, central banks, and governments worldwide, and Equitable Holdings, Inc. (EQH) and its subsidiaries. Its retail services distribute retail products and services through financial intermediaries, including broker-dealers, insurance sales representatives, banks, registered investment advisors and financial planners. It offers Private Wealth Management services to its private clients, including high-net-worth individuals and families, trusts and estates, charitable foundations, partnerships, and other entities.
Financial Overview
For the fiscal year ended 31 December 2023, Alliancebernstein Holding LP revenues decreased 2% to $299.8M. Net income decreased 4% to $264.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Dividend per share decreased from $3.54 to $2.62. Basic Earnings per Share excluding Extraordinary Items decreased from $2.69 to $2.34.
Employees: 4,707 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $299.78M as of Dec 31, 2023
EBITDA (TTM): $299.78M as of Dec 31, 2023
Net annual income (TTM): $264.18M as of Dec 31, 2023
Free cash flow (TTM): -$2.16M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.00M as of Dec 31, 2023
Shares outstanding: 114,336,091 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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