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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 665,465 $ 1,000,103
Cash and securities segregated, at fair value (cost: $542,166 and $859,448) 546,769 867,680
Receivables, net:    
Brokers and dealers 48,933 53,144
Brokerage clients 1,411,383 1,314,656
Other fees 131,171 125,500
Investments:    
Joint ventures 287,829 0
Other 245,755 243,554
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 239,499 176,348
Goodwill 3,598,591 3,598,591
Intangible assets, net 228,973 264,555
Deferred sales commissions, net 157,864 87,374
Right-of-use assets 467,045 323,766
Assets held for sale 0 564,776
Other assets 251,629 216,213
Total assets 8,932,174 9,609,806
Payables:    
Brokers and dealers 186,480 259,175
Brokerage clients 1,795,116 2,200,835
Contingent consideration liability 129,219 252,690
Accounts payable and accrued expenses 305,630 172,163
Lease liabilities 537,856 369,017
Accrued compensation and benefits 756,827 372,305
Debt 500,000 1,154,316
Liabilities held for sale 0 153,342
Total liabilities 4,216,823 4,947,024
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest of consolidated entities 127,217 209,420
Capital:    
General Partner 46,645 45,388
Limited partners: 285,586,728 and 286,609,212 units issued and outstanding 4,714,973 4,590,619
Receivables from affiliates (3,492) (4,490)
AB Holding Units held for long-term incentive compensation plans (84,913) (76,363)
Accumulated other comprehensive (loss) (88,812) (106,364)
Partners’ capital attributable to AB Unitholders 4,584,401 4,448,790
Non-redeemable non-controlling interests in consolidated entities 3,733 4,572
Total capital 4,588,134 4,453,362
Total liabilities, non-controlling interest and capital 8,932,174 9,609,806
Company-Sponsored Investment Funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 5,813 7,739
Investments 267,029 397,174
Other assets 4,735 25,299
Total assets 277,577 430,212
Payables:    
Liabilities of consolidated company-sponsored investment funds 4,933 12,537
Total liabilities 4,933 12,537
Redeemable non-controlling interest of consolidated entities 127,217 209,420
Capital:    
Total capital 145,427 208,255
Total liabilities, non-controlling interest and capital 277,577 430,212
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 373,691 343,334
Payables:    
AB mutual funds $ 762 $ 644