Pay vs Performance Disclosure
|
12 Months Ended |
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
| Pay vs Performance Disclosure |
|
|
|
| Pay vs Performance Disclosure, Table |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Value of Initial Fixed
$100
Investment Based on: | | | | Year
(a) | Summary Compensation Table Total for CEO(1) (b) | Compensation Actually Paid to CEO(2) (c) | Average Summary Compensation Table Total for Non-CEO NEOs(1) (d) | Average Compensation Actually Paid to Non-CEO NEOs(2) (e) | Total Shareholder Return(3) (f) | Peer Group Total Shareholder Return(4) (g) | GAAP Net Income(5) (in thousands) (h) | Company Selected Measure: Adjusted Net Revenue(6) (in thousands) (i) | Supplemental Measure: Adjusted Compensation Ratio(7) (i) | | 2025 | $ | 15,133,200 | | $ | 16,582,198 | | $ | 4,049,188 | | $ | 4,481,221 | | $ | 144.73 | | $ | 160.38 | | $ | 982,489 | | $ | 3,524,626 | | 48.30 | % | | 2024 | 12,127,194 | | 16,614,540 | | 4,016,953 | | 4,797,138 | | 127.62 | | 151.73 | | 1,173,247 | | 3,528,398 | | 47.90 | | | 2023 | 10,124,255 | | 10,074,194 | | 2,596,256 | | 1,893,475 | | 98.02 | | 114.60 | | 764,610 | | 3,371,949 | | 49.00 | |
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| Company Selected Measure Name |
Adjusted Net Revenue
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|
|
| Named Executive Officers, Footnote |
Reflects compensation amounts reported in the SCT for Mr. Bernstein, who served as our CEO for the respective years shown. Reflects average compensation amounts reported in the SCT for the following non-CEO NEOs for the fiscal years noted below: •2025: Messrs. Simeone, Erzan, Sprules, Manley and Ms. Marks •2024: Ms. Marks and Messrs. Erzan, Hogbin, Sprules and Siemers •2023: Messrs. Siemers, Sprules, Erzan, Manley and Ms. Burke
|
|
|
| Peer Group Issuers, Footnote |
Represents the cumulative TSR of the S&P U.S. BMI Asset Management & Custody Banks Index, for the periods ending on December 31, 2025, 2024, and 2023, respectively, based on an initial fixed investment of $100 in such Index on December 31, 2022. For 2025, represents the 3-year TSR (2023-2025); for 2024, represents the two-year TSR (2023-2024); for 2023, represents the one-year TSR (2023).
|
|
|
| PEO Total Compensation Amount |
$ 15,133,200
|
$ 12,127,194
|
$ 10,124,255
|
| PEO Actually Paid Compensation Amount |
$ 16,582,198
|
16,614,540
|
10,074,194
|
| Adjustment To PEO Compensation, Footnote |
Dollar amounts reflect CAP for our CEO and average CAP for our non-CEO NEOs for each of the 2023 through 2025 fiscal years. In determining the CAP to our NEOs, we are required by SEC rules to include various adjustments to amounts that have been reported in the SCT for 2025 and in previous years, as the SEC’s valuation methods for this section differ from those required in the SCT. In particular, these adjustments include the deduction of grant date fair values of equity awards as reported in the SCT and the addition of equity award fair values measured at each fiscal year-end and upon vesting, as well as changes in fair value of outstanding unvested and vested awards from prior years, and the deduction of changes in actuarial present value of accumulated pension benefits. Deductions from the SCT are shown in Tables A and B below. Adjustments made to arrive at the CAP are shown in tables C and D below. The pension service cost and prior service cost were zero for each fiscal year. These amounts do not reflect the year-end executive pay decisions made by the Compensation Committee as detailed in the SCT. For information regarding the decisions made by the Compensation Committee in regard to our NEOs’ compensation for each fiscal year, see the "Compensation Committee; Process for Determining Executive Compensation" section of AB's Form 10-K filings for the fiscal years covered in the table above, including the section in this Proxy Statement. With respect to the equity award fair value adjustments reflected in tables C and D below, the valuation assumptions used are consistent with those used in AllianceBernstein's and Equitable's audited financial statements in accordance with FASB ASC Topic 718, updated as of each applicable measurement date. The following summarizes the valuation methodology by award type: •Restricted stock ("RSUs") values represent fair values for restricted AB Holding Units and restricted EQH shares, calculated using the price per AB Holding Unit and EQH share as of each measurement date. •Performance share ("PS") values represent estimate values for EQH TSR and EQH EPS performance share awards during the performance period, calculated using Monte Carlo valuations, and actual values for EQH TSR and EQH EPS performance share awards at the end of the performance period using final performance factors, as of each measurement date. For further information, see "Grants of Plan-Based Awards" of Item 11 on AB's Form 10-K for year ended December 31, 2022, 2023, 2024, and 2025. •Option values ("Options") represent the fair values of EQH stock options, calculated using the Black-Scholes option pricing model as of each measurement date. No additional EQH option awards have been granted to Mr. Bernstein since 2020. For further information, see "Summary Compensation Table" of Item 11 on AB's Form 10-K for year ended December 31, 2020. | | | | CEO SCT Total to CAP Reconciliation - Deductions - Table A | |
| | | | | | | | | | | | | | | | | | | | | | | | | | Deductions from SCT Total | | Year | Salary
(included in SCT Total
and CAP) | Bonus
(included in SCT
Total and CAP) | All Other
Compensation
(included in SCT
Total and CAP) | SCT Total
(as shown in column
(b) above) | Pension
(deduct change in
pension values
reported in the
"Pension" column of the
SCT from SCT Total) | Equity
(deduct stock and
option award values
reported in the "Stock
Awards" column of the
SCT from SCT Total) | | 2025 | $ | 500,000 | | $ | 6,925,000 | | $ | 133,130 | | $ | 15,133,200 | | $ | — | | $ | 7,575,070 | | | 2024 | 500,000 | | 5,425,000 | | 127,148 | | 12,127,194 | | — | | 6,075,046 | | | 2023 | 500,000 | | 4,515,000 | | 114,201 | | 10,124,255 | | — | | 4,995,054 | |
| | | | CEO Equity Component of CAP - Table C | |
| | | | | | | | | | | | | | | | | | | | | | Year | Equity Type | Fair Value of
Current Year Equity
Awards at 12/31
(a) | Change in Value
of Prior Years’
Awards Unvested
at 12/31
(b) | Change in Value
of Prior Years’
Awards That Vested
in FY
(c) | Cash
Dividends
(d) | Equity Value
Included in CAP
(e) = (a)+(b)+(c)+(d) | | 2025 | PS | 545,989 | | (52,795) | | 200,583 | | — | | 693,777 | | | 2025 | RSUs | 6,519,207 | | 210,109 | | 662,842 | | 938,133 | | 8,330,291 | | | Total | $ | 7,065,196 | | $ | 157,314 | | $ | 863,424 | | $ | 938,133 | | $ | 9,024,068 | | | 2024 | PS | 985,629 | | 1,218,110 | | 8,364 | | — | | 2,212,103 | | | 2024 | RSUs | 5,772,975 | | 953,530 | | 792,738 | | 831,047 | | 8,350,289 | | | Total | $ | 6,758,604 | | $ | 2,171,639 | | $ | 801,102 | | $ | 831,047 | | $ | 10,562,392 | | | 2023 | PS | 531,448 | | 90,921 | | 71,496 | | — | | 693,865 | | | 2023 | RSUs | 4,576,365 | | (406,309) | | (696,478) | | 735,407 | | 4,208,985 | | | 2023 | Options | — | | — | | 42,142 | | — | | 42,142 | | | Total | $ | 5,107,813 | | $ | (315,388) | | $ | (582,840) | | $ | 735,407 | | $ | 4,944,993 | |
|
|
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| Non-PEO NEO Average Total Compensation Amount |
$ 4,049,188
|
4,016,953
|
2,596,256
|
| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 4,481,221
|
4,797,138
|
1,893,475
|
| Adjustment to Non-PEO NEO Compensation Footnote |
(2)Dollar amounts reflect CAP for our CEO and average CAP for our non-CEO NEOs for each of the 2023 through 2025 fiscal years. In determining the CAP to our NEOs, we are required by SEC rules to include various adjustments to amounts that have been reported in the SCT for 2025 and in previous years, as the SEC’s valuation methods for this section differ from those required in the SCT. In particular, these adjustments include the deduction of grant date fair values of equity awards as reported in the SCT and the addition of equity award fair values measured at each fiscal year-end and upon vesting, as well as changes in fair value of outstanding unvested and vested awards from prior years, and the deduction of changes in actuarial present value of accumulated pension benefits. Deductions from the SCT are shown in Tables A and B below. Adjustments made to arrive at the CAP are shown in tables C and D below. The pension service cost and prior service cost were zero for each fiscal year. These amounts do not reflect the year-end executive pay decisions made by the Compensation Committee as detailed in the SCT. For information regarding the decisions made by the Compensation Committee in regard to our NEOs’ compensation for each fiscal year, see the "Compensation Committee; Process for Determining Executive Compensation" section of AB's Form 10-K filings for the fiscal years covered in the table above, including the section in this Proxy Statement. With respect to the equity award fair value adjustments reflected in tables C and D below, the valuation assumptions used are consistent with those used in AllianceBernstein's and Equitable's audited financial statements in accordance with FASB ASC Topic 718, updated as of each applicable measurement date. The following summarizes the valuation methodology by award type: •Restricted stock ("RSUs") values represent fair values for restricted AB Holding Units and restricted EQH shares, calculated using the price per AB Holding Unit and EQH share as of each measurement date. •Performance share ("PS") values represent estimate values for EQH TSR and EQH EPS performance share awards during the performance period, calculated using Monte Carlo valuations, and actual values for EQH TSR and EQH EPS performance share awards at the end of the performance period using final performance factors, as of each measurement date. For further information, see "Grants of Plan-Based Awards" of Item 11 on AB's Form 10-K for year ended December 31, 2022, 2023, 2024, and 2025. •Option values ("Options") represent the fair values of EQH stock options, calculated using the Black-Scholes option pricing model as of each measurement date. No additional EQH option awards have been granted to Mr. Bernstein since 2020. For further information, see "Summary Compensation Table" of Item 11 on AB's Form 10-K for year ended December 31, 2020. | | | | Average Non-CEO NEOs SCT Total to CAP Reconciliation – Deductions – Table B | |
| | | | | | | | | | | | | | | | | | | | | | | | | | Deductions from SCT Total | | Year | Salary
(included in SCT Total
and CAP) | Bonus and Non-
Bonus Equity
Incentive
Compensation
(included in SCT
Total and CAP) | All Other
Compensation
(included in SCT
Total and CAP) | SCT Total
(as shown in column
(b) above) | Pension
(deduct change in
pension values
reported in the
"Pension" column of the
SCT from SCT Total) | Equity
(deduct stock and
option award values
reported in the "Stock
Awards" column of the
SCT from SCT Total) | | 2025 | $ | 361,539 | | $ | 1,549,000 | | $ | 27,630 | | $ | 4,049,188 | | $ | — | | $ | 2,111,019 | | | 2024 | 376,616 | | 1,981,935 | | 23,205 | | 4,016,953 | | 24,786 | | 1,610,410 | | | 2023 | 334,769 | | 1,271,170 | | 18,941 | | 2,596,256 | | 5,190 | | 966,185 | |
| | | | Average Non-CEO NEOs Equity Component of CAP - Table D | |
| | | | | | | | | | | | | | | | | | | | | | Year | Equity Type | Fair Value of
Current Year Equity
Awards at 12/31
(a) | Change in Value
of Prior Years’
Awards Unvested
at 12/31
(b) | Change in Value
of Prior Years’
Awards That Vested
in FY
(c) | Cash
Dividends
(d) | Equity Value
Included in CAP
(e) = (a)+(b)+(c)+(d) | | 2025 | PS | 10,926 | | (969) | | 4,020 | | — | | 13,976 | | | 2025 | RSUs | 2,065,429 | | 47,883 | | 114,026 | | 301,738 | | 2,529,077 | | | Total | $ | 2,076,354 | | $ | 46,915 | | $ | 118,046 | | $ | 301,738 | | $ | 2,543,053 | | | 2024 | PS | 19,718 | | 26,094 | | 197 | | — | | 46,009 | | | 2024 | RSUs | 1,641,394 | | 218,877 | | 258,480 | | 250,624 | | 2,369,374 | | | Total | $ | 1,661,112 | | $ | 244,971 | | $ | 258,677 | | $ | 250,624 | | $ | 2,415,382 | | | 2023 | PS | 12,808 | | (10,905) | | — | | — | | 1,903 | | | 2023 | RSUs | 948,788 | | (777,606) | | (79,391) | | 174,901 | | 266,691 | | | Total | $ | 961,595 | | $ | (788,511) | | $ | (79,391) | | $ | 174,901 | | $ | 268,594 | |
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| Compensation Actually Paid vs. Total Shareholder Return |
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| Compensation Actually Paid vs. Net Income |
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| Compensation Actually Paid vs. Company Selected Measure |
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| Total Shareholder Return Vs Peer Group |
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| Tabular List, Table |
| | | | Measure | | Adjusted Net Revenue | | Adjusted Employee Compensation & Benefits Expense | | Adjusted Operating Margin | | Adjusted EPU | | Total Shareholder Return |
|
|
|
| Total Shareholder Return Amount |
$ 144.73
|
127.62
|
98.02
|
| Peer Group Total Shareholder Return Amount |
160.38
|
151.73
|
114.60
|
| Net Income (Loss) |
$ 982,489,000
|
$ 1,173,247,000
|
$ 764,610,000
|
| Company Selected Measure Amount |
3,524,626,000
|
3,528,398,000
|
3,371,949,000
|
| PEO Name |
Mr. Bernstein
|
|
|
| Additional 402(v) Disclosure |
Represents the cumulative Total Shareholder Return (“TSR”) of AllianceBernstein for the periods ending on December 31, 2025, 2024, and 2023, respectively, based on an initial fixed investment of $100 in AB Holding Units on December 31, 2022. For 2025, represents the 3-year TSR (2023-2025); for 2024, represents the two-year TSR (2023-2024); and for 2023, represents the one-year TSR (2023).Reflects Net Income Attributable to AB Unitholders in the Company’s Consolidated Statements of Income. For 2023-2025, see page 76 of AB's Form 10-K for year ended December 31, 2025.
|
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| PEO Salary |
$ 500,000
|
$ 500,000
|
$ 500,000
|
| PEO Bonus |
6,925,000
|
5,425,000
|
4,515,000
|
| PEO Other Compensation |
133,130
|
127,148
|
114,201
|
| Non-PEO NEO Salary |
361,539
|
376,616
|
334,769
|
| Non-PEO NEO Bonus and Non-Bonus Equity Incentive Compensation |
1,549,000
|
1,981,935
|
1,271,170
|
| Non-PEO NEO Other Compensation |
$ 27,630
|
$ 23,205
|
$ 18,941
|
| Measure:: 1 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Adjusted Net Revenue
|
|
|
| Non-GAAP Measure Description |
AllianceBernstein's Company-Selected Measure is Adjusted Net Revenue. For a reconciliation with GAAP for 2023-2025, see page 41 of AB's Form 10-K for the year ended December 31, 2025.
|
|
|
| Measure:: 2 |
|
|
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| Pay vs Performance Disclosure |
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|
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| Compensation Actually Paid vs. Other Measure |
|
|
|
| Other Performance Measure, Amount |
0.4830
|
0.4790
|
0.4900
|
| Name |
Adjusted Compensation Ratio
|
|
|
| Non-GAAP Measure Description |
AllianceBernstein's Supplemental Measure is the Adjusted Compensation Ratio. For an explanation of Adjusted Compensation Ratio, see "Employee Compensation and Benefits" and "Overview of 2025 Incentive Compensation Program" on pages 49 and 142 of AB's Form 10-K for the year ended December 31, 2025.
|
|
|
| PEO | Pension Adjustments Service Cost |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
$ 0
|
$ 0
|
$ 0
|
| PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
(7,575,070)
|
(6,075,046)
|
(4,995,054)
|
| PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
9,024,068
|
10,562,392
|
4,944,993
|
| Adjustment to Compensation Amount, Preferred Shares |
693,777
|
2,212,103
|
693,865
|
| Adjustment to Compensation Amount, Restricted Stock |
8,330,291
|
8,350,289
|
4,208,985
|
| Adjustment to Compensation Amount, Options |
|
|
42,142
|
| PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
7,065,196
|
6,758,604
|
5,107,813
|
| Adjustment to Compensation Amount, Preferred Shares |
545,989
|
985,629
|
531,448
|
| Adjustment to Compensation Amount, Restricted Stock |
6,519,207
|
5,772,975
|
4,576,365
|
| Adjustment to Compensation Amount, Options |
|
|
0
|
| PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
863,424
|
801,102
|
(582,840)
|
| Adjustment to Compensation Amount, Preferred Shares |
200,583
|
8,364
|
71,496
|
| Adjustment to Compensation Amount, Restricted Stock |
662,842
|
792,738
|
(696,478)
|
| Adjustment to Compensation Amount, Options |
|
|
42,142
|
| PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
157,314
|
2,171,639
|
(315,388)
|
| Adjustment to Compensation Amount, Preferred Shares |
(52,795)
|
1,218,110
|
90,921
|
| Adjustment to Compensation Amount, Restricted Stock |
210,109
|
953,530
|
(406,309)
|
| Adjustment to Compensation Amount, Options |
|
|
0
|
| PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
938,133
|
831,047
|
735,407
|
| Adjustment to Compensation Amount, Preferred Shares |
0
|
0
|
0
|
| Adjustment to Compensation Amount, Restricted Stock |
$ 938,133
|
831,047
|
735,407
|
| Adjustment to Compensation Amount, Options |
|
|
0
|
| Non-PEO NEO | Measure:: 1 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Adjusted Net Revenue
|
|
|
| Non-PEO NEO | Measure:: 2 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Adjusted Employee Compensation & Benefits Expense
|
|
|
| Non-PEO NEO | Measure:: 3 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Adjusted Operating Margin
|
|
|
| Non-PEO NEO | Measure:: 4 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Adjusted EPU
|
|
|
| Non-PEO NEO | Measure:: 5 |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Name |
Total Shareholder Return
|
|
|
| Non-PEO NEO | Pension Adjustments Service Cost |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
$ 0
|
(24,786)
|
(5,190)
|
| Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
(2,111,019)
|
(1,610,410)
|
(966,185)
|
| Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
2,543,053
|
2,415,382
|
268,594
|
| Adjustment to Compensation Amount, Preferred Shares |
13,976
|
46,009
|
1,903
|
| Adjustment to Compensation Amount, Restricted Stock |
2,529,077
|
2,369,374
|
266,691
|
| Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
2,076,354
|
1,661,112
|
961,595
|
| Adjustment to Compensation Amount, Preferred Shares |
10,926
|
19,718
|
12,808
|
| Adjustment to Compensation Amount, Restricted Stock |
2,065,429
|
1,641,394
|
948,788
|
| Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
118,046
|
258,677
|
(79,391)
|
| Adjustment to Compensation Amount, Preferred Shares |
4,020
|
197
|
0
|
| Adjustment to Compensation Amount, Restricted Stock |
114,026
|
258,480
|
(79,391)
|
| Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
46,915
|
244,971
|
(788,511)
|
| Adjustment to Compensation Amount, Preferred Shares |
(969)
|
26,094
|
(10,905)
|
| Adjustment to Compensation Amount, Restricted Stock |
47,883
|
218,877
|
(777,606)
|
| Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |
|
|
|
| Pay vs Performance Disclosure |
|
|
|
| Adjustment to Compensation, Amount |
301,738
|
250,624
|
174,901
|
| Adjustment to Compensation Amount, Preferred Shares |
0
|
0
|
0
|
| Adjustment to Compensation Amount, Restricted Stock |
$ 301,738
|
$ 250,624
|
$ 174,901
|
