AllianceBernstein reports preliminary AUM $665B as of February 28

AllianceBernstein announced that preliminary assets under management decreased to $665B during February 2023 from $680B at the end of January. Firmwide net inflows were offset by market depreciation, resulting in a 2% decline in AUM. In the month of February, net inflows to Retail and Private Wealth were partially offset by modest Institutional net outflows.