Core Insights - AllianceBernstein L.P. reported a preliminary increase in assets under management to $875 billion as of January 31, 2026, up from $867 billion at the end of December 2025, reflecting a 1% month-over-month growth driven by market appreciation [1][1][1] Assets Under Management Breakdown - The total assets under management include: - Private: $52 billion - Institutions: $167 billion - Retail: $61 billion - Wealth: $280 billion - Total Equity: $812 billion - Total Fixed Income: $121 billion - Alternatives/Multi-Asset Solutions: $156 billion - The total equity increased from $810 billion to $812 billion, while total fixed income saw a slight increase from $121 billion to $121 billion [1][1][1] Net Outflows - The increase in assets was partially offset by net outflows concentrated in the Retail and Institutional channels, with Private Wealth also experiencing slight outflows [1][1][1] Company Overview - AllianceBernstein is a leading global investment management firm that provides diversified investment services to institutional investors, individuals, and private wealth clients across major world markets [1][1][1]

Core Insights - AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a preliminary increase in assets under management (AUM) to $867 billion in December 2025, up from $865 billion in November 2025, driven by market appreciation [1][2] - The firm experienced slightly negative total net flows for December, with strong inflows from Private Wealth and Institutional segments being offset by outflows from Retail [1] - For the quarter ending December 31, 2025, the firm reported preliminary firmwide net outflows of approximately $5.0 billion [1] Assets Under Management Breakdown - As of December 31, 2025, the total AUM was $867 billion, with the following breakdown: - Total Equity: $356 billion, consisting of: - Actively Managed: $278 billion - Passive: $78 billion - Total Fixed Income: $314 billion, consisting of: - Taxable: $213 billion - Tax-Exempt: $91 billion - Alternatives/Multi-Asset Solutions: $197 billion [2] - The AUM figures reflect a month-end increase of $2 billion, with total AUM at the end of November 2025 being $865 billion [1][2] Ownership Structure - As of December 31, 2025, AllianceBernstein Holding owned approximately 31.1% of AllianceBernstein, while Equitable Holdings, Inc. held an approximate 68.3% economic interest in AllianceBernstein [6]

Group 1 - AllianceBernstein L.P. and AllianceBernstein Holding L.P. will release their Fourth Quarter 2025 financial and operating results on February 5, 2026, before the market opens [1] - A teleconference to discuss the results will be held at 7:30 am (CT) on the same day, hosted by key executives including the CEO, President, and CFO [1] - The presentation for the conference call will be available on the Investor Relations website shortly after the results are released [2] Group 2 - As of September 30, 2025, AllianceBernstein Holding owned approximately 30.8% of AllianceBernstein, while Equitable Holdings, Inc. held an approximate 68.5% economic interest in AllianceBernstein [4] - AllianceBernstein is recognized as a leading global investment management firm, providing diversified investment services to institutional investors, individuals, and private wealth clients [3]

Core Insights - AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a decrease in preliminary assets under management (AUM) to $865 billion in November 2025, down from $868 billion at the end of October 2025, primarily due to client outflows [1][2] Summary by Category Assets Under Management - AUM decreased by $3 billion from October to November 2025, with the decline attributed mainly to client outflows [1] - The breakdown of AUM as of November 30, 2025, includes: - Total Equity: $358 billion, down from $362 billion in October - Total Fixed Income: $313 billion, unchanged from October - Alternatives/Multi-Asset Solutions: $194 billion, up from $193 billion in October [2] Client Outflows - Client outflows were primarily concentrated within Institutional clients, with modest outflows in Retail and slight outflows from Private Wealth [1]

Core Points - AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced that Seth Bernstein, President and CEO, will participate in the Goldman Sachs 2025 US Financial Services Conference on December 9, 2025 [1] - A live audio webcast of the conference will be available on the Investor & Media Relations section of AB's website, with a replay accessible shortly after the event [2] - AllianceBernstein is recognized as a leading global investment management firm, providing diversified investment services to institutional investors, individuals, and private wealth clients [3] Ownership Structure - As of September 30, 2025, AllianceBernstein Holding owned approximately 30.8% of AllianceBernstein, while Equitable Holdings, Inc. held an approximate 68.5% economic interest in AllianceBernstein [4]

Core Insights - AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a preliminary increase in assets under management (AUM) to $869 billion in October 2025, up from $860 billion at the end of September, reflecting a 1% month-over-month growth driven by market appreciation and modest net inflows [1][2] Summary by Category Assets Under Management - As of October 31, 2025, total AUM reached $869 billion, with a breakdown of $356 billion in private institutions, $359 billion in retail, and $154 billion in private wealth [2] - The increase in AUM was primarily attributed to market appreciation, with institutional net inflows partially offset by retail net outflows and slight net outflows from private wealth [1] Investment Performance - The total equity AUM was $362 billion, which includes $283 billion in actively managed equity and $79 billion in passive equity [2] - Total fixed income AUM amounted to $314 billion, with $217 billion in taxable fixed income and $88 billion in tax-exempt fixed income [2] - Alternatives and multi-asset solutions contributed $193 billion to the total AUM [2] Company Overview - AllianceBernstein is recognized as a leading global investment management firm, providing diversified investment services to institutional investors, individuals, and private wealth clients across major world markets [4]

Core Insights - AllianceBernstein reported strong financial and operational results for Q3 2025, with a focus on strategic objectives and partnerships [2][3] - The firm experienced net inflows of $1.7 billion, excluding $4.0 billion outflows related to a reinsurance transaction, driven by organic growth in tax-exempt and private alternative strategies [2][3] - The adjusted net income per unit increased by 12% to $0.86, while cash distribution per unit also rose by 11.7% to $0.86 [2][26] Financial Performance - Q3 2025 net revenues reached $1.137 billion, a 4.8% increase from Q3 2024, primarily due to higher investment advisory base fees [13][14] - Operating income for Q3 2025 was $283 million, down 22% from the previous year, with an operating margin of 24.3%, a decrease of 890 basis points [17] - Adjusted operating income increased by 15% to $302 million, with an adjusted operating margin of 34.2%, up 290 basis points from the prior year [25] Assets Under Management (AUM) - Total AUM as of September 30, 2025, was $860.1 billion, up $31.0 billion or 4% from June 30, 2025, and up $54.2 billion or 7% from September 30, 2024 [6][7] - The firm’s private markets AUM approached $80 billion, with a target of $90 to $100 billion by 2027 [2][3] Net Flows and Client Segments - Total net outflows for Q3 2025 were $2.3 billion, an improvement from $6.7 billion in Q2 2025 [8] - Retail channel net outflows decreased to $1.7 billion from $4.8 billion in the previous quarter, while institutional channel outflows were $1.8 billion [10][9] - The private wealth channel saw net inflows of $1.2 billion, marking its strongest organic growth in 10 quarters [3] Market Context - Global equity and fixed income markets showed positive performance in Q3 2025, with the S&P 500 Total Return at 8.1% [4][5] - The firm’s performance reflects a broader market recovery and improved demand dynamics in retail and institutional segments [3][4]

Core Insights - AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a preliminary increase in assets under management (AUM) to $860 billion in September 2025, up from $844 billion at the end of August, representing a 2% month-over-month growth driven by market appreciation and modest net inflows [1] Summary by Category Assets Under Management - Preliminary AUM reached $860 billion as of September 30, 2025, compared to $844 billion at the end of August 2025 [1] - The increase in AUM was primarily attributed to market appreciation and modest net inflows, despite retail net outflows [1] Net Inflows - For the quarter ended September 2025, preliminary firmwide net inflows totaled approximately $1.8 billion, excluding about $4.0 billion in outflows related to the EQH-RGA reinsurance transaction [1] - Net inflows were observed from Private Wealth and Institutions, which were partially offset by retail net outflows [1] Breakdown of AUM - Total equity AUM was $359 billion, with actively managed equity at $281 billion and passive equity at $78 billion [1] - Total fixed income AUM was $310 billion, with taxable fixed income at $214 billion and tax-exempt fixed income at $86 billion [1] - Alternatives/Multi-Asset solutions accounted for $191 billion in AUM [1] Ownership Structure - As of September 30, 2025, AllianceBernstein Holding owned approximately 30.8% of AllianceBernstein, while Equitable Holdings, Inc. owned an approximate 68.5% economic interest in AllianceBernstein [5]

Core Points - AllianceBernstein L.P. and AllianceBernstein Holding L.P. will release their Third Quarter 2025 financial and operating results on October 23, 2025, before market opens [1] - A teleconference will be held at 9:00 am (CT) to discuss the results, hosted by key executives including the President and CEO, CFO, and Head of Global Client Group and Private Wealth [1] - The presentation for the conference call will be available on the Investor Relations website shortly after the results release [2] Company Overview - AllianceBernstein is a leading global investment management firm providing diversified investment services to institutional investors, individuals, and private wealth clients across major world markets [3] - As of June 30, 2025, AllianceBernstein Holding owned approximately 37.5% of AllianceBernstein, while Equitable Holdings, Inc. held an approximate 68.6% economic interest in AllianceBernstein [4]

Core Viewpoint - Equitable Holdings, Inc. has announced the full redemption of its Series B Depositary Shares, indicating a strategic financial move to manage its capital structure effectively [1] Group 1 - The full redemption will involve the repurchase of all outstanding Series B Depositary Shares [1] - This action reflects the company's commitment to optimizing its balance sheet and enhancing shareholder value [1] - The redemption is expected to be completed on a specified date, providing clarity to investors regarding the timeline [1]