Document
false0000825313 0000825313 2020-03-10 2020-03-10



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 10, 2020

ALLIANCEBERNSTEIN HOLDING L.P.
(Exact name of registrant as specified in its charter)

Delaware
001-09818
13-3434400
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)

1345 Avenue of the Americas, New York, NY  10105
(Address of principal executive offices)
(Zip Code)
(212) 969-1000
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.








Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class
Trading Symbol
Name of Each Exchange on which Registered
Units rep. assignments of beneficial ownership of limited partnership interests in AB Holding
AB
NYSE









Item 7.01.    Regulation FD Disclosure.

AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. are furnishing a news release (“AUM Release”) issued on March 10, 2020 announcing AB’s preliminary assets under management as of February 29, 2020. The AUM Release is attached hereto as Exhibit 99.01.


Item 9.01.    Financial Statements and Exhibits.

(d)
Exhibits.
    
99.01    AUM Release.

            











SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
 
ALLIANCEBERNSTEIN HOLDING L.P.
Dated: March 10, 2020
 
By: 
/s/ David M. Lesser
 
 
 
David M. Lesser
Corporate Secretary


Exhibit
Mark Griffin, Investors
629.213.5672
mark.griffin@alliancebernstein.com
Jennifer Casey, Media
212.969.1157
jennifer.casey@alliancebernstein.com



AB Announces February 29, 2020 Assets Under Management
New York, NY, March 10, 2020 - AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) today announced that preliminary assets under management decreased to $614 billion during February 2020 from $629 billion at the end of January. The 2.4% decline was due to market depreciation, partially offset by total firmwide net inflows into all three distribution channels - Retail, Institutions and Private Wealth.
AllianceBernstein L.P. (The Operating Partnership)
Assets Under Management ($ in Billions)
 
 
At February 29, 2020
 
At Jan 31
 
 
 
2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Private
 
 
 
 
 
Institutions
 
Retail
 
Wealth
 
Total
 
Total
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
Actively Managed
$
41

 
 
$
78
 
 
$
46

 
 
$
165
 
 
$
176
 
Passive
23
 
 
 
31
 
 
 
 
 
54
 
 
60
 
Total Equity
64
 
 
 
109
 
 
46
 
 
 
219
 
 
236
 
 
 
 
 
 
 
 
 
 
 
Fixed Income
 
 
 
 
 
 
 
 
 
Taxable
164
 
 
 
91
 
 
13
 
 
 
268
 
 
264
 
Tax-Exempt
2
 
 
 
22
 
 
26
 
 
 
50
 
 
49
 
Passive
 
 
 
9
 
 
 
 
 
9
 
 
9
 
Total Fixed Income
166
 
 
 
122
 
 
39
 
 
 
327
 
 
322
 
 
 
 
 
 
 
 
 
 
 
Other(1)
51
 
 
 
5
 
 
12
 
 
 
68
 
 
71
 
Total
$
281

 
 
$
236
 
 
$
97

 
 
$
614
 
 
$
629
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At January 31, 2020
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
286

 
 
$
242
 
 
$
101

 
 
$
629
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Includes certain multi-asset services and solutions and certain alternative investments.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




www.alliancebernstein.com    1 of 2



Cautions Regarding Forward-Looking Statements
Certain statements provided by management in this news release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see “Risk Factors” and “Cautions Regarding Forward-Looking Statements” in AB’s Form 10-K for the year ended December 31, 2019. Any or all of the forward-looking statements made in this news release, Form 10-K, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in “Risk Factors” and “Cautions Regarding Forward-Looking Statements”, and those listed above, could also adversely affect AB’s financial condition, results of operations and business prospects.
About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.
As of December 31, 2019, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.0% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 64.8% economic interest in AllianceBernstein.
Additional information about AB may be found on our website, www.alliancebernstein.com.




www.alliancebernstein.com    2 of 2    
v3.20.1
Cover Page
Mar. 10, 2020
Cover page.  
Document Type 8-K
Document Period End Date Mar. 10, 2020
Entity Registrant Name ALLIANCEBERNSTEIN HOLDING L.P.
Entity Incorporation, State or Country Code DE
Entity File Number 001-09818
Entity Tax Identification Number 13-3434400
Entity Address, Address Line One 1345 Avenue of the Americas
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10105
City Area Code 212
Local Phone Number 969-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Title of 12(b) Security Units rep. assignments of beneficial ownership of limited partnership interests in AB Holding
Trading Symbol AB
Security Exchange Name NYSE
Entity Central Index Key 0000825313
Amendment Flag false