AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) today reported financial and operating results for the quarter ended December 31, 2016.
“In a year characterized by uncertainty and change, I’m proud of all we were able to accomplish in executing on our long-term growth strategy,” said Peter S. Kraus, Chairman and Chief Executive Officer. “During challenging times, we maintained strong long-term track records in the large majority of our fixed income and equity strategies; expanded our business in promising growth areas like customized factor analysis, energy and real estate commercial debt; and increased our adjusted operating margin for the fifth straight year.”
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