Ab 4q19 Corporate Fact Sheet

12.31.
19 4Q
FOURTH QUARTER 2019 FACT SHEET
COMPANY DESCRIPTION UNIT OWNERSHIP PROFILE (AS OF 12/31/2019)

++ AB provides diversified investment management services worldwide
to institutional, high-net-worth and retail investors AB Beneficial Ownership
++ Investment services encompass equities, fixed income, multi-asset Directors, Officers,
and alternatives Employees 1
++ AB also provides independent investment research, trading and
brokerage-related services to institutional clients through Bernstein
Research Services
11%
++ Total client assets under management of approximately $623 billion
++ AB total market value of approximately $8.3 billion
Public
24%
++ AllianceBernstein Holding L.P. (“AB Holding”) is a publicly traded
partnership traded on the NYSE under the ticker symbol AB 65% Equitable
++ Including both the general partnership and limited partnership interests in Holdings 2
AllianceBernstein, AllianceBernstein Holding owned approximately 36% of
AllianceBernstein
OUR GOAL
To Keep Clients AHEAD OF TOMORROW®
We work every day to earn our clients’ trust, create innovative solutions 1 Direct and indirect ownership including unallocated units in deferred compensation plans
tailored for their unique needs and deliver the performance they expect 2 Includes General Partnership interests
DISTRIBUTION CHANNELS
Institutions Private Wealth Management
Strategic Advantages Ongoing Initiatives Strategic Advantages Ongoing Initiatives
++ Dedicated, experienced client ++ Deepen relationships and add ++ Custom wealth strategies–a ++ Improve our clients’ risk-return
service and investment teams value to global institutions with proprietary “core and excess” experience through ongoing
around the world, within each content, training, innovative capital model helps tailor each portfolio enhancements that
global market pricing and facilitate dialogue client’s asset allocation based on seek to diversify alpha and beta
++ Broad array of global and local between plan sponsors specific investment objectives sources, reduce volatility and
investment solutions spanning ++ Continue to enhance our product ++ Integrated implementation– manage risk in their portfolios
asset classes, investment styles, offerings including concentrated clients benefit from best-in-class ++ Leverage our global footprint
and reference currencies equity solutions, flexible investment services that are even and research-driven insights
++ Commitment to sharing highly fixed income and innovative more effective when implemented to meet the growing demand
regarded thought leadership alternative services together with integrated risk and for concentrated and capacity-
and insights with our clients and ++ Build on our existing expertise tax management constrained investments
strategic partners in managing assets for defined ++ Investment discipline–our goal- ++ Ensure our advice model is
contribution plan sponsors and oriented approach helps clients consistent across our client
participants, and insurance focus on long-term objectives base but delivered in a way
company general accounts with confidence and avoid pitfalls that is highly customized to
associated with poor timing, over- each client’s goals and service
diversification, and layers of fees expectations
Retail
Strategic Advantages Ongoing Initiatives
++ Broad array of solution-focused, ++ Bolster product development Bernstein Research Services
diversified investment offerings infrastructure to broaden our suite Strategic Advantages Initiatives
available in multiple vehicles of product offerings and meet the ++ Best-in-class, highly differentiated ++ Continue to expand global
++ Global footprint that fosters strong needs of distribution partners investment research footprint, particularly in Asia
relationships with distribution ++ Optimize a suite of active ++ Highly regarded trading ++ Build out macro research offering
partners in local markets FlexFee™ mutual funds to capabilities including best- ++ Increase cross-sell of global and
++ Support of distribution partners’ compete effectively with in-class electronic trading electronic trading capabilities
success with advertising, passive funds and ETFs ++ Only independent firm with
practice-management and ++ Cultivate a data-driven culture a global platform
media outreach including leveraging business
intelligence to drive focus and
strengthen digital sales and
service models
FOURTH QUARTER 2019 FACT SHEET 4Q 12.31.19
WORLDWIDE PRESENCE AB CONTACTS

++ Offices in 51 cities in 25 countries and jurisdictions
Investor Relations
++ Approximately 3,800 employees 150 4th Ave N
Atlanta Nashville Amsterdam Fukuoka Nashville, TN 37219
Austin New York/White Plains Copenhagen Hong Kong 1 (800) 962 2134
Boston Philadelphia Dublin Kaohsiung [email protected]
Buenos Aires San Antonio Frankfurt Melbourne
Chicago San Diego London Mumbai
Cleveland San Francisco Luxembourg Seoul Media Relations
Dallas Santiago Madrid Shanghai 1345 Avenue of the Americas
Denver São Paulo Milan Singapore
New York, NY 10105
Houston Seattle Munich Sydney
Los Angeles Tampa Paris Taichung 1 (212) 823 3948
Mexico City Toronto Stockholm Taipei [email protected]
Miami Washington DC Tel Aviv Tokyo
Minneapolis West Palm Beach Zurich
Tax Department
150 4th Ave N
ASSETS UNDER MANAGEMENT ($623 BILLION AS OF 12/31/2019) Nashville, TN 37219
1 (800) 526 3132
By Investment Service By Geographic Investment Service By Client Domicile [email protected]
($ Bil.) ($ Bil.) ($ Bil.)
Equity Passive 1
Fixed Income Non-US
$60 Passive1 35% Computershare (Transfer Agent)
Other3 $9 Global
$71 & Int’l $217
P.O. Box 505000
46% $285 $338
US
$306 Louisville, KY 40233-50
54% $406
$177
Fixed Income
Active2 US 1 (866) 737 9896
Equity Active 65% www.computershare.com/investor
1 Includes index and enhanced index services
2 Includes Actively Managed Tax-Exempt and Actively Managed Taxable
3 Includes certain multi-asset solutions and services, and certain alternative investments
ASSETS UNDER MANAGEMENT BY DISTRIBUTION CHANNEL DISTRIBUTION HISTORY

($ BILLIONS)
$ 623
$554 $101
480 $ 516
$467 $ $92
$89 239 2.68
$81
$
$77 $193
$
$ 2.53
$160
$181 $ 2.30
$154
$1.86 $ 1.92
239 $ 269 246 $ 283
$ 236 $ $
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
Private Wealth Management Retail Institutions
FINANCIAL RESULTS1 TOTAL CUMULATIVE RETURNS (AS OF 12/31/2019)

2015 2016 2017 2018 2019 One Three Five
Year Years Years
Net Revenues ($ Millions) $3,021 $3,029 $3,299 $3,367 $3,518
AllianceBernstein Holding 20% 69% 79%
Operating Margin 20.7% 23.2% 21.7% 23.9% 22.6%
S&P 500 31% 53% 74%
Diluted Net Income per Unit 2 $1.86 $2.23 $2.19 $2.50 $2.49
Asset Manager Average3 17% 9% (13)%
Cash Distributions per Unit 2 $1.86 $1.92 $2.30 $2.68 $2.53
Source: Nasdaq IR Insight and AB
1 GAAP reported
2 For AllianceBernstein Holding L.P. (the publicly-traded Partnership)
3 Asset Manager Average is a group of peers created internally for comparative purposes
The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein® is a registered service mark used by permission of
the owner, AllianceBernstein L.P.
© 2020 AllianceBernstein L.P. www.AllianceBernstein.com AB–5833–1219

Ab 4q19 Corporate Fact Sheet

Uploaded by

Copyright:

Available Formats

Ab 4q19 Corporate Fact Sheet

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Ab 4q19 Corporate Fact Sheet

Uploaded by

Copyright:

Available Formats

12.31.

FOURTH QUARTER 2019 FACT SHEET

COMPANY DESCRIPTION UNIT OWNERSHIP PROFILE (AS OF 12/31/2019)

WORLDWIDE PRESENCE AB CONTACTS

ASSETS UNDER MANAGEMENT BY DISTRIBUTION CHANNEL DISTRIBUTION HISTORY

FINANCIAL RESULTS1 TOTAL CUMULATIVE RETURNS (AS OF 12/31/2019)

You might also like