Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Other Significant Segment Items

Enterprise-wide disclosures as of and for the years ended December 31, 2024, 2023 and 2022 were as follows:

Services

Net revenues derived from our investment management, research and related services were as follows:

	Years Ended December 31
	2024			2023			2022
	(in thousands)
Institutions(1)		$	700,796		$	666,670		$	659,983
Retail(1)		2,311,317			1,926,020			2,000,908
Private Wealth Management(1)		1,245,891			1,052,843			1,004,003
Bernstein Research Services (2)		96,222			386,142			416,273
Other		205,426			231,189			39,561
Total revenues		4,559,652			4,262,864			4,120,728
Less: Broker-dealer related Interest expense		84,513			107,541			66,438
Net revenues		$	4,475,139		$	4,155,323		$	4,054,290

(1)Institutions, Retail and Private Wealth management revenues by channel include investment advisory base fees, performance-based fees, distribution revenues and shareholder servicing fees by channel.

(2)On April 1, 2024 AB and Societe Generale, a leading European bank, completed their transaction to form a jointly owned equity research provider and cash equity trading partner for institutional investors. AB has deconsolidated the Bernstein Research Services business and contributed the business to the joint ventures. For further discussion, see Note 24 Divestiture.

Our AllianceBernstein U.S. Growth Stock, an open-end fund incorporated in Japan, generated approximately 13%, 11%, and 11% of our investment advisory and service fees and 10%, 8%, and 8% of our net revenues during 2024, 2023 and 2022, respectively.

Geographic Information

Net revenues and long-lived assets, related to our U.S. and international operations, as of and for the years ended December 31, were as follows:

	2024			2023			2022
	(in thousands)
Net revenues1:
United States		$	2,641,634		$	2,527,498		$	2,381,958
International:
Luxembourg		1,046,793			886,256			933,642
Japan		487,409			375,222			382,457
Other International		299,303			366,347			356,233
Total International		1,833,505			1,627,825			1,672,332
Total		$	4,475,139		$	4,155,323		$	4,054,290
Long-lived assets:
United States		$	4,187,885		$	4,073,198
International		57,140			53,670
Total		$	4,245,025		$	4,126,868