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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 832,044 $ 1,000,103
Cash and securities segregated, at fair value (cost $495,391 and $859,448) 500,046 867,680
Receivables, net:    
Brokers and dealers 33,772 53,144
Brokerage clients 1,432,372 1,314,656
Other fees 159,336 125,500
Investments:    
Joint ventures 286,721 0
Other 248,483 243,554
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 248,673 176,348
Goodwill 3,598,591 3,598,591
Intangible assets, net 215,054 264,555
Deferred sales commissions, net 182,707 87,374
Right-of-use assets 449,877 323,766
Assets held for sale 0 564,776
Other assets 259,318 216,213
Total assets 9,071,927 9,609,806
Payables:    
Brokers and dealers 162,570 259,175
Brokerage clients 1,933,843 2,200,835
Contingent consideration liability 9,385 252,690
Accounts payable and accrued expenses 426,675 172,163
Lease liabilities 512,615 369,017
Accrued compensation and benefits 391,161 372,305
Debt 710,000 1,154,316
Liabilities held for sale 0 153,342
Total liabilities 4,148,795 4,947,024
Commitments and contingencies (See Note 14)
Redeemable non-controlling interest of consolidated entities 48,489 209,420
Capital:    
General Partner 49,519 45,388
Limited partners: 292,107,907 and 286,609,212 units issued and outstanding 4,999,616 4,590,619
Receivables from affiliates (2,893) (4,490)
AB Holding Units held for long-term incentive compensation plans (62,366) (76,363)
Accumulated other comprehensive (loss) (110,581) (106,364)
Partners’ capital attributable to AB Unitholders 4,873,295 4,448,790
Non-redeemable non-controlling interests in consolidated entities 1,348 4,572
Total capital 4,874,643 4,453,362
Total liabilities, non-controlling interest and capital 9,071,927 9,609,806
Company-sponsored investment funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 1,989 7,739
Investments 140,792 397,174
Other assets 14,801 25,299
Total assets 157,582 430,212
Payables:    
Liabilities of consolidated company-sponsored investment funds 1,716 12,537
Total liabilities 1,716 12,537
Redeemable non-controlling interest of consolidated entities 48,489 209,420
Capital:    
Total capital 107,377 208,255
Total liabilities, non-controlling interest and capital 157,582 430,212
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 467,351 343,334
Payables:    
AB mutual funds $ 830 $ 644