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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 1,037,400 $ 679,738
Cash and securities segregated, at fair value (cost $1,752,483 and $1,090,443) 1,753,478 1,094,866
Receivables, net:    
Brokers and dealers 92,638 97,966
Brokerage clients 1,713,377 1,536,674
AB funds fees 325,407 261,588
Other fees 148,746 148,744
Investments:    
Long-term incentive compensation-related 60,114 50,902
Other 193,261 215,892
Other assets 264,418 330,943
Furniture, equipment and leasehold improvements, net 147,874 145,251
Goodwill 3,082,778 3,076,926
Intangible assets, net 44,496 55,366
Deferred sales commissions, net 64,066 36,296
Right-of-use assets 418,455 362,693
Total assets 9,697,840 8,706,092
Payables:    
Brokers and dealers 216,403 201,778
Securities sold not yet purchased 17,791 30,157
Brokerage clients 3,440,266 2,531,946
AB mutual funds 65,550 71,142
Accounts payable and accrued expenses 197,657 192,110
Lease liabilities 505,549 468,451
Accrued compensation and benefits 335,122 276,829
Debt 675,000 560,000
Total liabilities 5,483,958 4,363,430
Commitments and contingencies (See Note 14)
Redeemable non-controlling interest 102,359 325,561
Capital:    
General Partner 41,776 41,225
Limited partners: 270,509,658 and 270,380,314 units issued and outstanding 4,229,485 4,174,201
Receivables from affiliates (8,316) (9,011)
AB Holding Units held for long-term incentive compensation plans (57,219) (76,310)
Accumulated other comprehensive loss (94,203) (113,004)
Partners’ capital attributable to AB Unitholders 4,111,523 4,017,101
Total liabilities, redeemable non-controlling interest and capital $ 9,697,840 $ 8,706,092
Limited partners units issued (in units) 270,509,658 270,380,314
Limited partners, units outstanding (in units) 270,509,658 270,380,314
Consolidated company-sponsored investment funds    
Investments:    
Cash and cash equivalents $ 36,506 $ 11,433
Investments 302,582 581,004
Other assets 12,244 19,810
Payables:    
Redeemable non-controlling interest 102,359 325,561
Variable Interest Entity, Primary Beneficiary    
Payables:    
Liabilities of consolidated company-sponsored investment funds $ 30,620 $ 31,017