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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 782,778 $ 832,044
Cash and securities segregated, at fair value (cost: $765,827 and $495,391) 772,302 500,046
Receivables, net:    
Brokers and dealers 37,443 33,772
Brokerage clients 1,437,370 1,432,372
Other fees 143,673 159,336
Investments:    
Joint ventures 280,648 286,721
Other 272,894 248,483
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 247,272 248,673
Goodwill 3,598,591 3,598,591
Intangible assets, net 203,821 215,054
Deferred sales commissions, net 190,907 182,707
Right-of-use assets 444,162 449,877
Other assets 221,329 259,318
Total assets 9,377,218 9,071,927
Payables:    
Brokers and dealers 185,021 162,570
Brokerage clients 2,135,156 1,933,843
Contingent consideration liability 8,478 9,385
Accounts payable and accrued expenses 416,718 426,675
Lease liabilities 506,977 512,615
Accrued compensation and benefits 395,581 391,161
Debt 740,000 710,000
Total liabilities 4,407,610 4,148,795
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest of consolidated entities 201,656 48,489
Capital:    
General Partner 48,395 49,519
Limited partners: 292,273,197 and 292,107,907 units issued and outstanding 4,888,248 4,999,616
Receivables from affiliates (3,411) (2,893)
AB Holding Units held for long-term incentive compensation plans (91,369) (62,366)
Accumulated other comprehensive (loss) (76,415) (110,581)
Partners’ capital attributable to AB Unitholders 4,765,448 4,873,295
Non-redeemable non-controlling interests in consolidated entities 2,504 1,348
Total capital 4,767,952 4,874,643
Total liabilities, non-controlling interest and capital 9,377,218 9,071,927
Company-Sponsored Investment Funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 14,746 1,989
Investments 341,128 140,792
Other assets 12,341 14,801
Total assets 368,215 157,582
Payables:    
Liabilities of consolidated company-sponsored investment funds 18,898 1,716
Total liabilities 18,898 1,716
Redeemable non-controlling interest of consolidated entities 201,656 48,489
Capital:    
Total capital 147,661 107,377
Total liabilities, non-controlling interest and capital 368,215 157,582
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 375,813 467,351
Payables:    
AB mutual funds $ 781 $ 830