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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Dividend and interest income $ 38,734 $ 50,923 $ 104,421
Investment (losses) gains (636) (16,401) 38,659
Other revenues 108,409 104,703 97,559
Total revenues 4,445,288 3,724,186 3,575,637
Less: Interest expense 3,686 15,650 57,205
Net revenues 4,441,602 3,708,536 3,518,432
Expenses:      
Employee compensation and benefits 1,716,013 1,494,198 1,442,783
Promotion and servicing:      
Amortization of deferred sales commissions 34,364 27,355 15,029
Trade execution, marketing, T&E and other 197,486 189,787 219,860
General and administrative:      
General and administrative 555,608 485,544 484,750
Real estate charges 0 5,526 3,324
Contingent payment arrangements 2,710 1,855 (510)
Interest on borrowings 5,145 6,180 13,035
Amortization of intangible assets 5,697 21,372 28,759
Total expenses 3,225,140 2,801,100 2,694,995
Operating income 1,216,462 907,436 823,437
Income tax 62,728 45,653 41,754
Net income 1,153,734 861,783 781,683
Net income (loss) of consolidated entities attributable to non-controlling interests 5,111 (4,169) 29,641
Net income attributable to AB Unitholders $ 1,148,623 $ 865,952 $ 752,042
Net income per AB Unit:      
Basic (in dollars per share) $ 4.18 $ 3.19 $ 2.78
Diluted (in dollars per share) $ 4.18 $ 3.19 $ 2.78
Investment advisory and services fees      
Revenues:      
Revenue subject to contracts with customers $ 3,194,524 $ 2,595,436 $ 2,472,044
Bernstein research services      
Revenues:      
Revenue subject to contracts with customers 452,017 459,744 407,911
Distribution related      
Revenues:      
Revenue subject to contracts with customers 652,240 529,781 455,043
Promotion and servicing:      
Distribution-related payments $ 708,117 $ 569,283 $ 487,965