Strong Organic Growth Across Distribution Channels
AllianceBernstein experienced $2.7 billion in firm-wide active net inflows in Q1 2025, with all three distribution channels growing organically. The retail tax-exempt franchise achieved a 19% annualized growth rate.
Expansion in Private Markets
The private market platform saw over $2.5 billion in institutional deployments, leading to a 20% increase in fee-paying and fee-eligible assets under management, reaching $75 billion as of quarter-end.
Improved Operating Margin
The adjusted operating margin for Q1 2025 reached 33.7%, up 340 basis points from the prior year, showcasing enhanced operational efficiency.
Increased Base Management Fees
Base management fees grew 10% year over year, reflecting market growth and sustained organic inflows.
Expansion in Systematic Fixed Income
Institutional sales rebounded with strong inflows in systematic fixed income, growing the pipeline to $13.5 billion, the highest in seven quarters.