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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 824,837 $ 679,738
Cash and securities segregated, at fair value (cost: $1,877,798 and $1,090,443) 1,882,188 1,094,866
Receivables, net:    
Brokers and dealers 165,776 97,966
Brokerage clients 1,563,333 1,536,674
AB funds fees 200,233 261,588
Other fees 134,645 148,744
Investments:    
Long-term incentive compensation-related 53,611 50,902
Other 241,055 215,892
Other assets 341,821 330,943
Furniture, equipment and leasehold improvements, net 131,633 145,251
Goodwill 3,082,778 3,076,926
Intangible assets, net 54,489 55,366
Deferred sales commissions, net 58,583 36,296
Right-of-use assets 317,723 362,693
Total assets 9,327,774 8,706,092
Payables:    
Brokers and dealers 280,019 201,778
Securities sold not yet purchased 15,920 30,157
Brokerage clients 3,203,222 2,531,946
AB mutual funds 65,879 71,142
Accounts payable and accrued expenses 209,431 192,110
Lease liabilities 416,477 468,451
Accrued compensation and benefits 479,717 276,829
Debt 685,000 560,000
Total liabilities 5,382,087 4,363,430
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest 51,081 325,561
Capital:    
General Partner 38,647 41,225
Limited partners: 268,620,187 and 270,380,314 units issued and outstanding 4,066,211 4,174,201
Receivables from affiliates (9,167) (9,011)
AB Holding Units held for long-term incentive compensation plans (73,726) (76,310)
Accumulated other comprehensive loss (127,359) (113,004)
Partners’ capital attributable to AB Unitholders 3,894,606 4,017,101
Total liabilities, redeemable non-controlling interest and capital 9,327,774 8,706,092
Company-sponsored investment funds    
Investments:    
Cash and cash equivalents 33,076 11,433
Investments 234,096 581,004
Other assets 7,897 19,810
Payables:    
Redeemable non-controlling interest 51,081 325,561
VIEs    
Payables:    
Liabilities of consolidated company-sponsored investment funds $ 26,422 $ 31,017