Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenues

Revenues for the three months ended March 31, 2022 and 2021 consisted of the following:

	Three Months Ended March 31,
	2022		2021
	(in thousands)
Subject to contracts with customers:
Investment advisory and services fees
Base fees	$	747,813	$	687,691
Performance-based fees	75,969		15,775
Bernstein research services	117,807		119,021
Distribution revenues
All-in-management fees	81,221		85,182
12b-1 fees	19,517		20,034
Other distribution fees	67,603		42,384
Other revenues
Shareholder servicing fees	22,414		21,695
Other	3,509		5,683
	1,135,853		997,465
Not subject to contracts with customers:
Dividend and interest income, net of interest expense	8,626		7,540
Investment (losses) gains	(39,024)		1,928
Other revenues	232		333
	(30,166)		9,801
Total net revenues	$	1,105,687	$	1,007,266