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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 893,667 $ 1,000,103
Cash and securities segregated, at fair value (cost: $856,569 and $859,448) 865,586 867,680
Receivables, net:    
Brokers and dealers 61,124 53,144
Brokerage clients 1,330,045 1,314,656
Other fees 129,257 125,500
Investments:    
Long-term incentive compensation-related 36,741 40,033
Other 183,527 203,521
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 195,744 176,348
Goodwill 3,598,591 3,598,591
Intangible assets, net 253,460 264,555
Deferred sales commissions, net 107,272 87,374
Right-of-use assets 505,288 323,766
Assets held for sale 745,471 564,776
Other assets 216,311 216,213
Total assets 9,796,380 9,609,806
Payables:    
Brokers and dealers 221,672 259,175
Brokerage clients 2,162,873 2,200,835
Contingent consideration liability 254,108 252,690
Accounts payable and accrued expenses 488,951 172,163
Lease liabilities 570,163 369,017
Accrued compensation and benefits 401,384 372,305
Debt 900,000 1,154,316
Liabilities held for sale 239,049 153,342
Total liabilities 5,253,803 4,947,024
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest of consolidated entities 124,894 209,420
Capital:    
General Partner 45,325 45,388
Limited partners: 287,322,525 and 286,609,212 units issued and outstanding 4,584,317 4,590,619
Receivables from affiliates (4,686) (4,490)
AB Holding Units held for long-term incentive compensation plans (95,859) (76,363)
Accumulated other comprehensive (loss) (115,894) (106,364)
Partners’ capital attributable to AB Unitholders 4,413,203 4,448,790
Non-redeemable non-controlling interests in consolidated entities 4,480 4,572
Total capital 4,417,683 4,453,362
Total liabilities, non-controlling interest and capital 9,796,380 9,609,806
Company-Sponsored Investment Funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 7,536 7,739
Investments 298,128 397,174
Other assets 10,953 25,299
Total assets 316,617 430,212
Payables:    
Liabilities of consolidated company-sponsored investment funds 14,132 12,537
Total liabilities 14,132 12,537
Redeemable non-controlling interest of consolidated entities 124,894 209,420
Capital:    
Total capital 177,591 208,255
Total liabilities, non-controlling interest and capital 316,617 430,212
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 357,679 343,334
Payables:    
AB mutual funds $ 1,471 $ 644