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AllianceBernstein Holding L.P. Sales Preparation

The raison d'etre of AllianceBernstein Holding is its more than 35% stake in investment manager AllianceBernstein. (French insurer AXA, through its AXA Financial unit, owns a majority of the subsidiary.) AllianceBernstein, which has more than $420 million of client assets under management, administers about 200 mutual funds invested in growth and value equities, fixed-income securities, and index and blended strategies. The subsidiary also offer separately managed accounts, closed-end funds, structured financial products, and alternative investments such as hedge funds. It mainly serves institutional clients such as pension funds, corporations, and not-for-profits, in addition to retail investors.

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Key Financials

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Financials  
Company Name PUBLIC - (TICKER: AB)
HEADQUARTERS
Market Value 1838.424
as of 2012-12-28
Fiscal Year-End Dec
2010 Sales (mil) 162.217
2010 Employees 4256
Employee Growth Percent -2.59%
Assets (mil) 1626.531