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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 1,209,867 $ 1,037,400
Cash and securities segregated, at fair value (cost: $907,630 and $1,752,483) 908,539 1,753,478
Receivables, net:    
Brokers and dealers 210,871 92,638
Brokerage clients 2,042,720 1,713,377
AB funds fees 274,841 325,407
Other fees 168,562 148,746
Investments:    
Long-term incentive compensation-related 62,197 60,114
Other 160,921 193,261
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 170,256 147,874
Goodwill 3,091,767 3,082,778
Intangible assets, net 43,627 44,496
Deferred sales commissions, net 76,005 64,066
Right-of-use assets 433,946 418,455
Other assets 441,095 264,418
Total assets 9,617,114 9,697,840
Payables:    
Brokers and dealers 259,667 216,403
Securities sold not yet purchased 2,582 17,791
Brokerage clients 3,177,172 3,440,266
AB mutual funds 77,497 65,550
Accounts payable and accrued expenses 265,957 197,657
Lease liabilities 506,563 505,549
Accrued compensation and benefits 795,878 335,122
Debt 390,000 675,000
Total liabilities 5,507,910 5,483,958
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest 117,804 102,359
Capital:    
General Partner 41,447 41,776
Limited partners: 270,935,464 and 270,509,658 units issued and outstanding 4,197,125 4,229,485
Receivables from affiliates (8,453) (8,316)
AB Holding Units held for long-term incentive compensation plans (130,908) (57,219)
Accumulated other comprehensive loss (107,811) (94,203)
Partners’ capital attributable to AB Unitholders 3,991,400 4,111,523
Total liabilities, redeemable non-controlling interest and capital 9,617,114 9,697,840
Company-sponsored investment funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 32,904 36,506
Investments 276,199 302,582
Other assets 12,797 12,244
Total assets 321,900 351,332
Payables:    
Liabilities of consolidated company-sponsored investment funds 32,594 30,620
Total liabilities 32,594 30,620
Redeemable non-controlling interest 117,804 102,359
Capital:    
Partners’ capital attributable to AB Unitholders 171,502 218,353
Total liabilities, redeemable non-controlling interest and capital $ 321,900 $ 351,332