AllianceBernstein Holding L.P.

NYSE:AB Stock Report

Market Cap: US$4.0b

AllianceBernstein Holding Management

Management criteria checks 2/4

AllianceBernstein Holding's CEO is Seth Bernstein, appointed in May 2017, has a tenure of 7.5 years. total yearly compensation is $10.12M, comprised of 4.9% salary and 95.1% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $9.13M. The average tenure of the management team and the board of directors is 1.3 years and 5.6 years respectively.

Key information

Seth Bernstein

Chief executive officer

US$10.1m

Total compensation

CEO salary percentage4.9%
CEO tenure7.5yrs
CEO ownership0.2%
Management average tenure1.3yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

AllianceBernstein: Tailwinds Into 2025, Raising My Target To $45

Nov 09

AllianceBernstein: A Big Yield, A Better Valuation, Improved Technicals

May 16

AllianceBernstein: This 8% Yielding Investment Looks Intriguing

Mar 04

AllianceBernstein: 6 Reasons To Consider Buying

Dec 20

AllianceBernstein: EPS Growth Expected, Shares Fall To Key Long-Term Support (Rating Upgrade)

Oct 10

AllianceBernstein: Near 8% Dividend Yield, But Valuation Needs A Cooldown

Jul 27

AllianceBernstein: Fortress Balance Sheet And Incrementalism Support Long-Term Expansion

May 31

AllianceBernstein goes ex-dividend tomorrow

Feb 16

AllianceBernstein Non-GAAP EPS of $0.70 beats by $0.13, revenue of $802.11M

Feb 08

AllianceBernstein AUM down 1.8% in December due to market depreciation

Jan 11

AllianceBernstein AUM climbs 4.9% in November, helped by market gains

Dec 12

AllianceBernstein goes ex dividend tomorrow

Nov 03

AllianceBernstein Q3 2022 Earnings Preview

Oct 27

AB AUM down 8% in September

Oct 11

AllianceBernstein records 3.19% drop in August AUM on market depreciation

Sep 12

AllianceBernstein Q2 2022 Earnings Preview

Jul 28

AllianceBernstein June AUM slides ~6% M/M

Jul 12

AllianceBernstein names COO Kate Burke as new finance chief

Jul 06

AllianceBernstein: Impressive 9% Yield, Now Is The Time To Buy

Jun 08

AllianceBernstein: 7.7% Yield, Your Opportunity Is Knocking

Feb 06

AllianceBernstein: Buy Now Before The Business Model Falls Apart

Nov 23

AllianceBernstein Thriving On AUM Growth And Mix

Sep 02

AllianceBernstein: High-Quality Business At The Right Price

Jun 15

AllianceBernstein Holding's assets under management increases 1% in May

Jun 09

AllianceBernstein Q1 2021 Earnings Preview

Apr 28

AllianceBernstein reports AUM of $686B, up 3% M/M due to market appreciation

Jan 12

AllianceBernstein: It's Time To Book Profits

Dec 23

AllianceBernstein AUM climbs 7.4% in November on market gains, inflows

Dec 09

AllianceBernstein AUM slips 1.4% in October on market decline, outflows

Nov 11

Many Ways To Win With AllianceBernstein And Its 11% Yield

Nov 09

CEO Compensation Analysis

How has Seth Bernstein's remuneration changed compared to AllianceBernstein Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$397m

Jun 30 2024n/an/a

US$327m

Mar 31 2024n/an/a

US$274m

Dec 31 2023US$10mUS$500k

US$264m

Sep 30 2023n/an/a

US$249m

Jun 30 2023n/an/a

US$248m

Mar 31 2023n/an/a

US$256m

Dec 31 2022US$11mUS$500k

US$274m

Sep 30 2022n/an/a

US$336m

Jun 30 2022n/an/a

US$368m

Mar 31 2022n/an/a

US$391m

Dec 31 2021US$12mUS$500k

US$386m

Sep 30 2021n/an/a

US$354m

Jun 30 2021n/an/a

US$332m

Mar 31 2021n/an/a

US$298m

Dec 31 2020US$9mUS$500k

US$279m

Sep 30 2020n/an/a

US$266m

Jun 30 2020n/an/a

US$259m

Mar 31 2020n/an/a

US$254m

Dec 31 2019US$9mUS$500k

US$239m

Sep 30 2019n/an/a

US$218m

Jun 30 2019n/an/a

US$224m

Mar 31 2019n/an/a

US$231m

Dec 31 2018US$9mUS$500k

US$242m

Sep 30 2018n/an/a

US$261m

Jun 30 2018n/an/a

US$238m

Mar 31 2018n/an/a

US$222m

Dec 31 2017US$7mUS$335k

US$207m

Compensation vs Market: Seth's total compensation ($USD10.12M) is above average for companies of similar size in the US market ($USD6.60M).

Compensation vs Earnings: Seth's compensation has been consistent with company performance over the past year.


CEO

Seth Bernstein (63 yo)

7.5yrs

Tenure

US$10,124,255

Compensation

Mr. Seth Perry Bernstein serves as President & served as Chief Executive Officer of AllianceBernstein Corporation at Equitable Holdings, Inc. since May 01, 2017. He served as Head of Investment Management...


Leadership Team

NamePositionTenureCompensationOwnership
Seth Bernstein
CEO, President & Director7.5yrsUS$10.12m0.23%
$ 9.1m
Karl Sprules
Chief Operating Officer1.4yrsUS$4.04m0.083%
$ 3.3m
Mark Manley
Senor VP2.8yrsUS$1.47m0.084%
$ 3.4m
Onur Erzan
Head of Global Client Group & Head of Private Wealth3.8yrsUS$5.88m0.019%
$ 751.9k
Jacqueline Marks
Chief Financial Officerless than a yearno datano data
Daniel Loewy
Chief Investment Officer and Head of Multi-Asset & Hedge Fund Solutions1.1yrsno datano data
Thomas Simeone
Senior VP1.3yrsno data0.022%
$ 880.7k
Mark Griffin
Head of Investor Relations4.9yrsno datano data
Kyle DiGangi
Global Chief Compliance Officerno datano datano data
John Meyers
Director of Corporate Communicationsno datano datano data
Christopher Bricker
Head of Corporate Development1.1yrsno datano data
Cathy Spencer
Chief People Officerless than a yearno data0.054%
$ 2.2m

1.3yrs

Average Tenure

50yo

Average Age

Experienced Management: AB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Seth Bernstein
CEO, President & Director7.6yrsUS$10.12m0.23%
$ 9.1m
Henri Rene Marie de la Croix de Castries
Chairman of AXA Financial26.6yrsno datano data
Joan Lamm-Tennant
Independent Chairman of the Board3.1yrsUS$310.00k0.014%
$ 577.2k
Charles Gerald Stonehill
Independent Director5.6yrsUS$312.50k0.023%
$ 922.2k
Das Narayandas
Independent Director7yrsUS$270.88k0.036%
$ 1.4m
Mark Pearson
Director13.8yrsno datano data
Jeffrey Hurd
Director5.6yrsno datano data
Nicholas Lane
Director5.6yrsno datano data
Daniel Kaye
Independent Director7.6yrsUS$269.00k0.039%
$ 1.6m
Todd Walthall
Independent Director3.2yrsUS$274.75k0.015%
$ 591.7k
Bruce Holley
Independent Director of ABCless than a yearno data0.0044%
$ 177.6k

5.6yrs

Average Tenure

65yo

Average Age

Experienced Board: AB's board of directors are considered experienced (5.6 years average tenure).