Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2022

Revenues for Services Provided or Related to the Mutual Funds

Revenues for services provided or related to the mutual funds are as follows:


	Years Ended December 31
	2022			2021			2020
	(in thousands)
Investment advisory and services fees		$	1,452,885		$	1,644,757		$	1,368,484
Distribution revenues		590,580			637,076			516,336
Shareholder servicing fees		79,167			85,745			79,394
Other revenues		8,366			8,364			8,314
Bernstein Research Services		—			2			3
		$	2,130,998		$	2,375,944		$	1,972,531

Consolidated Financial Statements for Transactions with Related Parties

Aggregate amounts included in the consolidated financial statements for transactions with EQH and its subsidiaries, as of and for the years ended December 31, are as follows:


	EQH
	2022			2021			2020
	(in thousands)
Revenues:
Investment advisory and services fees		$	148,377		$	133,074		$	115,901
Other revenues		688			675			1,330
		$	149,065		$	133,749		$	117,231
Expenses:
Commissions and distribution payments to financial intermediaries		$	3,897		$	4,550		$	3,952
General and administrative		2,882			2,373			2,281
Other		14,069			3,953			5,463
		$	20,848		$	10,876		$	11,696
Balance Sheet:
Institutional investment advisory and services fees receivable		$	7,732		$	8,607
Prepaid expenses		385			545
Other due to EQH and its subsidiaries		(4,206)			(1,534)
EQH Facility		(990,000)			(755,000)
		$	(986,089)		$	(747,382)