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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Dividend and interest income $ 35,944 $ 38,940 $ 106,431 $ 127,441
Investment (losses) (2,721) (3,512) (31,084) (15,398)
Other revenues 34,253 39,673 98,345 104,133
Total revenues 1,152,350 1,106,703 3,355,043 3,284,327
Less: Broker-dealer related interest expense 15,203 21,214 48,382 66,744
Net revenues 1,137,147 1,085,489 3,306,661 3,217,583
Expenses:        
Employee compensation and benefits 450,793 424,893 1,310,878 1,300,989
Promotion and servicing:        
Amortization of deferred sales commissions 20,872 15,005 62,183 40,152
Trade execution, marketing, T&E and other 36,907 38,312 114,239 134,243
General and administrative 118,203 155,808 414,156 439,450
Contingent payment arrangements 43 (125,947) 149 (120,831)
Interest on borrowings 7,167 8,456 22,768 37,139
Amortization of intangible assets 11,250 11,451 33,733 34,754
Total expenses 853,670 720,208 2,564,721 2,411,016
Operating income 283,477 365,281 741,940 806,567
Gain on divestiture 0 0 0 134,555
Non-operating income 0 0 0 134,555
Pre-tax income 283,477 365,281 741,940 941,122
Income taxes 17,085 14,255 46,566 50,389
Net income 266,392 351,026 695,374 890,733
Net income of consolidated entities attributable to non-controlling interests 7,129 5,054 4,845 17,262
Net income attributable to AB Unitholders $ 259,263 $ 345,972 $ 690,529 $ 873,471
Earnings Per Unit [Abstract]        
Basic net income per AB Unit (in dollars per share) $ 0.88 $ 1.20 $ 2.34 $ 3.02
Diluted net income per AB Unit (in dollars per share) $ 0.88 $ 1.20 $ 2.34 $ 3.02
Investment advisory and services fees        
Revenues:        
Revenue subject to contracts with customers $ 874,450 $ 842,386 $ 2,573,540 $ 2,444,118
Bernstein research services        
Revenues:        
Revenue subject to contracts with customers 0 0 0 96,222
Distribution revenues        
Revenues:        
Revenue subject to contracts with customers 210,424 189,216 607,811 527,811
Promotion and servicing:        
Distribution-related payments $ 208,435 $ 192,230 $ 606,615 $ 545,120