AllianceBernstein L.P. is a large, global research-driven investment advisor offering a wide range of investment strategies and wealth management services. Through its Bernstein Private Wealth Services unit, AllianceBernstein manages customized portfolios for high-net-worth individuals, trusts, and estates, combining active and passive management across equities, fixed income, real estate investment trusts, and alternative assets. The firm utilizes comprehensive in-house research to build diversified portfolios tailored to individual tax situations, risk tolerances, and investment goals. In addition to private client services, AllianceBernstein serves institutional clients and offers retail mutual funds, exchange-traded funds, and separately managed account programs through third-party financial intermediaries.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.85% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.20% |
| $3.0M - $5.0M | 1.10% |
| $5.0M - $10.0M | 1.05% |
| $10.0M - $25.0M | 0.90% |
| $25.0M - $50.0M | 0.75% |
| $50M+ | 0.65% |
Rates reflect return-seeking and diversifying assets. Accounts between $1 million and $5 million are subject to an additional 0.25% administrative and servicing charge on the first $3 million of applicable assets. Other asset classes and strategies have separate fee schedules.