AllianceBernstein Q2 2025 Earnings Call: CEO Seth Bernstein Discusses Record Assets Under Management and Business Highlights

AllianceBernstein's Q2 2025 earnings call highlighted a record $829 billion in assets under management, driven by a 17% contribution from private wealth and 35% from base management fees. The company's asset management business consists of $685 billion, with 10% from permanent capital managed for Equitable. Despite market turbulence, the firm's pipeline AUM reached $22 billion, reflecting significant mandate additions across retirement, insurance asset management and other areas.