Earnings call briefThird-quarter 2026

AllianceBernstein Holding says it expects higher fiscal 2026 performance fees

AllianceBernstein Holding said it narrowed its full-year non-compensation expense outlook to $620 million to $635 million, from $620 million to $640 million.

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AllianceBernstein Holding said on its third-quarter call that it now expects total fiscal 2026 performance fees of $135 million to $150 million, up from $115 million to $135 million. This assumes roughly flat markets for the rest of the year. It now expects $60 million to $65 million from private markets and $75 million to $85 million from public markets.

Quotes from the call

“...we now expect total fiscal 2026 performance fees $135 million to $150 million up from our prior outlook of $115 million to $135 million. This assumes roughly flat markets for the remainder of the year.”

Thomas Rudolph Simeone, Chief Financial Officer

“Given our continued expense discipline and operating efficiency, we are narrowing our full year non compensation expense outlook of $620 million to $635 million from $620 million to $640 million previously.”

Thomas Rudolph Simeone, Chief Financial Officer

Key facts from the call

Fiscal 2026 performance fee outlook
$135 million to $150 million, up from $115 million to $135 million
Fiscal 2026 non-compensation expense outlook
$620 million to $635 million, from $620 million to $640 million

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Source: AllianceBernstein Holding's third-quarter 2026 earnings call, October 27, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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