XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 896,480 $ 778,847
Cash and securities segregated, at fair value (cost: $227,580 and $496,263) 228,531 499,063
Receivables, net:    
Brokers and dealers 29,635 32,829
Brokerage clients 1,801,225 1,607,527
Other fees 150,271 139,755
Investments:    
Equity Method 197,109 255,034
Other 236,300 275,979
Assets of consolidated company-sponsored investment funds:    
Furniture, equipment and leasehold improvements, net 246,463 248,030
Goodwill 3,598,591 3,598,591
Intangible assets, net 143,921 166,415
Deferred sales commissions, net 142,501 165,300
Right-of-use assets 458,900 454,988
Other assets 321,482 271,155
Total assets 9,241,119 9,277,776
Payables:    
Brokers and dealers 151,279 214,454
Brokerage clients 2,051,355 1,936,726
Contingent consideration liability 8,689 8,605
Accounts payable and accrued expenses 277,662 381,211
Lease liabilities 522,784 518,578
Accrued compensation and benefits 592,198 367,498
Debt 580,000 810,000
Total liabilities 4,213,864 4,262,658
Commitments and contingencies (See Note 12)
Redeemable non-controlling interest of consolidated entities 230,809 178,967
Capital:    
General Partner 48,729 48,694
Limited partners: 294,295,573 and 293,508,421 units issued and outstanding 4,920,729 4,916,978
Receivables from affiliates 147 (260)
AB Holding Units held for long-term incentive compensation plans (111,111) (72,869)
Accumulated other comprehensive (loss) (63,157) (57,389)
Partners’ capital attributable to AB Unitholders 4,795,337 4,835,154
Non-redeemable non-controlling interests in consolidated entities 1,109 997
Total capital 4,796,446 4,836,151
Total liabilities, non-controlling interest and capital 9,241,119 9,277,776
Company-Sponsored Investment Funds    
Assets of consolidated company-sponsored investment funds:    
Cash and cash equivalents 5,843 17,726
Investments 431,095 330,534
Other assets 29,618 25,120
Total assets 466,556 373,380
Payables:    
Liabilities of consolidated company-sponsored investment funds 28,510 25,281
Total liabilities 28,510 25,281
Redeemable non-controlling interest of consolidated entities 230,809 178,967
Capital:    
Total capital 207,237 169,132
Total liabilities, non-controlling interest and capital 466,556 373,380
AllianceBernstein L.P. (AB)    
Receivables, net:    
AB funds fees 323,154 410,883
Payables:    
AB mutual funds $ 1,387 $ 305