AllianceBernstein Sets New AUM Record Amid Mixed Q4 Earnings

Thursday, Feb 5, 2026 4:38 pm ET1min read
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AllianceBernstein Holding LP reported a record $867 billion in assets under management at year-end 2025, driven by market appreciation, strong sales, and organic growth. Bernstein Private Wealth contributed $156 billion, while private markets saw an 18% YoY increase to $82 billion. However, firmwide active net flows were negative for both the quarter and the full year, with $9.4 billion of total net active outflows in 2025. Adjusted earnings per unit were $0.96 for Q4 and $3.33 for the full year.

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