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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 839,184 $ 832,044
Cash and securities segregated, at fair value (cost: $479,982 and $495,391) 483,238 500,046
Receivables, net:    
Brokers and dealers 42,719 33,772
Brokerage clients 1,494,584 1,432,372
Other fees 158,897 159,336
Investments:    
Equity method 270,069 286,721
Other 251,119 248,483
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 250,150 248,673
Goodwill 3,598,591 3,598,591
Intangible assets, net 192,584 215,054
Deferred sales commissions, net 176,610 182,707
Right-of-use assets 436,953 449,877
Other assets 249,552 259,318
Total assets 9,253,086 9,071,927
Payables:    
Brokers and dealers 169,025 162,570
Securities sold not yet purchased 707 0
Brokerage clients 1,885,055 1,933,843
Contingent consideration liability 8,520 9,385
Accounts payable and accrued expenses 422,738 426,675
Lease liabilities 500,046 512,615
Accrued compensation and benefits 582,612 391,161
Debt 650,000 710,000
Total liabilities 4,257,577 4,148,795
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest of consolidated entities 261,791 48,489
Capital:    
General Partner 47,832 49,519
Limited partners: 292,080,593 and 292,107,907 units issued and outstanding 4,831,485 4,999,616
Receivables from affiliates (2,421) (2,893)
AB Holding Units held for long-term incentive compensation plans (94,436) (62,366)
Accumulated other comprehensive (loss) (50,377) (110,581)
Partners’ capital attributable to AB Unitholders 4,732,083 4,873,295
Non-redeemable non-controlling interests in consolidated entities 1,635 1,348
Total capital 4,733,718 4,874,643
Total liabilities, non-controlling interest and capital 9,253,086 9,071,927
Company-Sponsored Investment Funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 15,563 1,989
Investments 443,015 140,792
Other assets 26,892 14,801
Total assets 485,470 157,582
Payables:    
Liabilities of consolidated company-sponsored investment funds 36,933 1,716
Total liabilities 36,933 1,716
Redeemable non-controlling interest of consolidated entities 261,791 48,489
Capital:    
Total capital 186,746 107,377
Total liabilities, non-controlling interest and capital 485,470 157,582
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 323,366 467,351
Payables:    
AB mutual funds $ 1,941 $ 830