Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenues

Revenues for the three months ended March 31, 2023 and 2022 consisted of the following:

	Three Months Ended March 31,
	2023		2022
	(in thousands)
Subject to contracts with customers:
Investment advisory and services fees
Base fees	$	692,327	$	747,813
Performance-based fees	36,580		75,969
Bernstein research services	100,038		117,807
Distribution revenues
All-in-management fees	68,788		81,221
12b-1 fees	15,155		19,517
Other distribution fees	57,135		67,603
Other revenues
Shareholder servicing fees	20,293		22,414
Other	5,691		3,509
	996,007		1,135,853
Not subject to contracts with customers:
Dividend and interest income, net of interest expense	22,658		8,626
Investment gains (losses)	5,264		(39,024)
Other revenues	162		232
	28,084		(30,166)
Total net revenues	$	1,024,091	$	1,105,687