Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of 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
	2023			2022			2021
	(in thousands)
Investment advisory and services fees		$	1,377,916		$	1,452,885		$	1,644,757
Distribution revenues		575,647			590,580			637,076
Shareholder servicing fees		76,440			79,167			85,745
Other revenues		9,398			8,366			8,364
Bernstein Research Services		—			—			2
		$	2,039,401		$	2,130,998		$	2,375,944

Schedule of 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:


	Years Ended December 31
	2023			2022			2021
	(in thousands)
Revenues:
Investment advisory and services fees		$	165,748		$	148,377		$	133,074
Other revenues		617			688			675
		$	166,365		$	149,065		$	133,749
Expenses:
Commissions and distribution payments to financial intermediaries		$	3,492		$	3,897		$	4,550
General and administrative		2,909			2,882			2,373
Other		40,253			14,069			3,953
		$	46,654		$	20,848		$	10,876
Balance Sheet:
Institutional investment advisory and services fees receivable		$	9,055		$	7,732
Prepaid expenses		709			385
Other due to EQH and its subsidiaries		4,719			(4,206)
EQH Facility		(900,000)			(990,000)
		$	(885,517)		$	(986,089)