/PRNewswire/ AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that First Quarter 2024 financial and operating results.
GAAP Diluted Net Income of $0.71 per Unit
Adjusted Diluted Net Income of $0.77 per Unit
Cash Distribution of $0.77 per Unit
NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire/ AllianceBernstein L.P. .
AllianceBernstein's $38B UHNW unit will no longer have 'financial advisors' investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Bernstein’s UHNW Platform currently serves more than 1,290 individuals and families with an average client tenure of 12 years and more than $37.9 billion in total assets.
Bernstein Private Wealth Management's initiative will include four senior executives, a dedicated service team and an focus on family governance research.