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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 1,093,097 $ 1,037,400
Cash and securities segregated, at fair value (cost: $1,072,523 and $1,752,483) 1,073,082 1,753,478
Receivables, net:    
Brokers and dealers 107,851 92,638
Brokerage clients 2,011,409 1,713,377
AB funds fees 253,740 325,407
Other fees 156,157 148,746
Investments:    
Long-term incentive compensation-related 61,513 60,114
Other 167,133 193,261
Assets of consolidated company-sponsored investment funds:    
Other assets 338,115 264,418
Furniture, equipment and leasehold improvements, net 154,201 147,874
Goodwill 3,091,767 3,082,778
Intangible assets, net 44,981 44,496
Deferred sales commissions, net 68,414 64,066
Right-of-use assets 408,990 418,455
Total assets 9,236,134 9,697,840
Payables:    
Brokers and dealers 251,725 216,403
Securities sold not yet purchased 12,709 17,791
Brokerage clients 2,912,175 3,440,266
AB mutual funds 82,826 65,550
Accounts payable and accrued expenses 228,294 197,657
Lease liabilities 485,843 505,549
Accrued compensation and benefits 601,222 335,122
Debt 590,000 675,000
Total liabilities 5,176,111 5,483,958
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest 17,803 102,359
Capital:    
General Partner 41,953 41,776
Limited partners: 271,994,122 and 270,509,658 units issued and outstanding 4,247,060 4,229,485
Receivables from affiliates (7,799) (8,316)
AB Holding Units held for long-term incentive compensation plans (140,204) (57,219)
Accumulated other comprehensive loss (98,790) (94,203)
Partners’ capital attributable to AB Unitholders 4,042,220 4,111,523
Total liabilities, redeemable non-controlling interest and capital 9,236,134 9,697,840
Company-sponsored investment funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 30,456 36,506
Investments 166,940 302,582
Other assets 8,288 12,244
Total assets 205,684 351,332
Payables:    
Liabilities of consolidated company-sponsored investment funds 11,317 30,620
Total liabilities 11,317 30,620
Redeemable non-controlling interest 17,803 102,359
Capital:    
Partners’ capital attributable to AB Unitholders 176,564 218,353
Total liabilities, redeemable non-controlling interest and capital $ 205,684 $ 351,332