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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 975,263 $ 679,738
Cash and securities segregated, at fair value (cost: $2,005,514 and $1,090,443) 2,012,562 1,094,866
Receivables, net:    
Brokers and dealers 358,028 97,966
Brokerage clients 1,814,889 1,536,674
AB funds fees 214,672 261,588
Other fees 122,300 148,744
Investments:    
Long-term incentive compensation-related 37,316 50,902
Other 225,192 215,892
Other assets 446,460 330,943
Furniture, equipment and leasehold improvements, net 138,286 145,251
Goodwill 3,088,038 3,076,926
Intangible assets, net 49,004 55,366
Deferred sales commissions, net 49,280 36,296
Right-of-use assets 341,660 362,693
Total assets 10,443,237 8,706,092
Payables:    
Brokers and dealers 382,632 201,778
Securities sold not yet purchased 27,629 30,157
Brokerage clients 3,653,789 2,531,946
AB mutual funds 118,618 71,142
Accounts payable and accrued expenses 281,094 192,110
Lease liabilities 442,590 468,451
Accrued compensation and benefits 346,445 276,829
Short-term Debt
Debt:    
EQH Facility 830,000 560,000
Other 104,814 0
Total liabilities 6,292,486 4,363,430
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest 224,900 325,561
Capital:    
General Partner 40,571 41,225
Limited partners: 269,981,431 and 270,380,314 units issued and outstanding 4,109,946 4,174,201
Receivables from affiliates (9,279) (9,011)
AB Holding Units held for long-term incentive compensation plans (81,314) (76,310)
Accumulated other comprehensive loss (134,073) (113,004)
Partners’ capital attributable to AB Unitholders 3,925,851 4,017,101
Total liabilities, redeemable non-controlling interest and capital 10,443,237 8,706,092
Company-sponsored investment funds    
Investments:    
Cash and cash equivalents 87,277 11,433
Investments 443,472 581,004
Other assets 39,538 19,810
Debt:    
Redeemable non-controlling interest 224,900 325,561
VIEs    
Payables:    
Liabilities of consolidated company-sponsored investment funds $ 104,875 $ 31,017