Key Points – AllianceBernstein delivered a strong second quarter, with record assets under management above $905 billion, nearly $800 million in net inflows, and its strongest sales quarter in five years.
Adjusted earnings rose 8% to $0.82 per unit, while the operating margin expanded to 33%. – Fixed income, alternatives and insurance-related mandates drove growth, including a $9 billion Equitable passive fixed-income mandate
Private-market AUM reached $91 billion ahead of schedule and exceeded $100 billion after the subsequent onboarding of $11.8 billion in commercial mortgage loans. – The firm raised its 2026 performance-fee outlook to $115 million–$135 million and lowered its non-compensation expense and tax-rate forecasts. AllianceBernstein also expects to add at least $100 billion of Corebridge assets over time if the proposed Equitable-Corebridge combination closes. – Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street AllianceBernstein (NYSE:AB) reported record assets under management and its strongest quarterly sales in five years during the second quarter of 2026, as fixed-income demand, private-market deployments and insurance-related mandates helped the firm return to positive organic growth. Adjusted earnings were $0.82 per unit, up 8% from a year earlier.
Adjusted net revenue rose 5% to $888 million, while operating income increased 7% to $293 million. The firm’s adjusted operating margin expanded 70 basis points year over year to 33%. – Abivax: Wall Street Catches Up to the Data “The second quarter reinforces the direction of travel for AB,” Chief Executive Officer Seth Bernstein said. “We reached record AUM, returned to positive organic growth, generated our strongest sales quarter in five years, and continued to scale the strategic growth platforms we’ve spent years building.” Record AUM and positive net flows Assets under management ended the quarter above $905 billion, a record for the firm. AllianceBernstein generated nearly $800…