Alliancebernstein L.P
Answer a few questions and
get matched with an advisor.
Learn more about Alliancebernstein L.P
Overview
Alliancebernstein L.P is a financial advisory firm that has its headquarters in Nashville, Tennessee. Alliancebernstein L.P handles $582.4 billion in assets throughout 58,634 customer accounts, placing it among the largest investment advisory firms in the nation by assets under management (AUM). Alliancebernstein L.P has a very large group, including 852 financial advisors. Alliancebernstein L.P does not act as a registered broker-dealer, signifying that the company cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer company to do so. Securities are tradable fiscal investments such as bonds, options and stocks.
Alliancebernstein L.P administers more than half of its accounts in a discretionary manner. Discretionary management signifies that a portfolio manager makes transaction choices for the client's account without needing to seek the customer's approval. The company also administers 56 non-discretionary accounts totaling $14.5 billion in AUM. The investment advisory firm manages about $9.9 million in assets for every client account. The average financial advisor at Alliancebernstein L.P administers around 69 client accounts, making it about average in terms of personalization.
The firm's central office is at 501 Commerce Street, Nashville, Tennessee 37203. The company is allowed to provide services to investors throughout 50 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Alliancebernstein L.P by the Numbers
$582.4 billion
4,134
58,634
$9.9 million
Products and Services
Alliancebernstein L.P offers a variety of services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for institutional clients, selection of other advisers, publication of newsletters and other services. In the prior financial year, it provided 34500 of its clients with financial planning services. It is not engaged in selling products or offering services other than investment advice to its investment advisory customers. The firm is affiliated with one or more other companies in the financial services industry, including with a broker-dealer or securities dealer, trust company, insurance company or agency and commodity pool advisor.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial advice typically depend on the type of financial services offered. However, fees charged by the company most likely consist of some blend of the following fee types: asset-based, fixed, commission-based or performance-based. Alliancebernstein L.P participates in a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 1% of firms
Commissions
-
Offered by 26% of firms
Performance-based
-
Offered by 0% of firms
Subscription
-
Offered by 32% of firms
Fixed
Types of Clients
Alliancebernstein L.P manages money for a number of different clients. Alliancebernstein L.P provides services to high net worth investors, investment companies, business development companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds and corporations. Out of its 58,634 clients, Alliancebernstein L.P's biggest client group by number of accounts is high net worth investors, though it also caters to 20,887 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 2% of the company's clients are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 84.35%
- Other Individuals - 0%
- Corporations - 9.83%
- Charitable Organizations - 5.82%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Alliancebernstein L.P does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Alliancebernstein L.P
New York, NY
Seattle, WA
Nashville, TN
Chicago, IL
Nashville, TN
Nashville, TN
Chicago, IL
New York, NY
San Diego, CA
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.