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WDR - AllianceBernstein Continuing To Out-Execute Its Peers But Not Fully Rewarded For It
Waddell & Reed Financial Inc.
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Asset manager AllianceBernstein Holding L.P. (AB) has always required an above-average level of patience, and it doesn’t help that the company’s legal structure limits institutional ownership and can create headaches for individual investors. That said, for investors who can be bothered to deal with the higher level of complexity (which, depending upon your specific circumstances may not be that significant), I continue to believe that AB is worth a look, as management has established what I believe