AB - AllianceBernstein Holding L.P. (AB) Q4 2023 Earnings Call Transcript
2024-02-07 16:05:22 ET
AllianceBernstein Holding L.P. (AB)
Q4 2023 Earnings Conference Call
February 07, 2024 10:00 AM ET
Company Participants
Mark Griffin - Head of Investor Relations
Seth Bernstein - President & Chief Executive Officer
Matt Bass - Head of Private Alternatives
Bill Siemers - Interim Chief Financial Officer
Onur Erzan - Head of Global Client Group & Private Wealth
Conference Call Participants
Alex Blostein - Goldman Sachs
Bill Katz - TD Cowen
Craig Siegenthaler - Bank of America
Dan Fannon - Jefferies
John Dunn - Evercore ISI
Presentation
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the AllianceBernstein Fourth Quarter 2023 Earnings Review. At this time, all participants are in a listen-only mode. After the remarks, there will be a question-and-answer session, and I will give you instructions on how to ask questions at that time. As a reminder, this conference is being recorded, and will be available for replay on our website shortly after the conclusion of this call.
I would now like to turn the conference over to the host for this call, Head of Investor Relations for AllianceBernstein, Mr. Mark Griffin. Please --.
Mark Griffin
Thank you, operator. Good morning, everyone, and welcome to our fourth quarter 2023 earnings review. This conference call is being webcast and accompanied by a slide presentation that's posted in the Investor Relations section of our website, www.alliancebernstein.com.
With us today to discuss the company's results for the quarter are Seth Bernstein, our President and CEO; Matt Bass, Head of Private Alternatives; and Bill Siemers, Interim CFO. Onur Erzan, Head of Global Client Group & Private Wealth, will join us for questions after our prepared remarks.
Some of the information we'll present today is forward-looking and subject to certain SEC rules and regulations regarding disclosure, so I'd like to point out the Safe Harbor language on slide 2 of our presentation.
You can also find our Safe Harbor language in the MD&A of our 10-K, which we will file on Friday, February 9. Under Regulation FD, management may only address questions of material nature from the investment community in a public forum, so please ask all such questions during this call.
Now, I'll turn it over to Seth.
Seth Bernstein
Good morning, and thank you for joining us today. Financial markets enjoyed a strong rally to end 2023 as investors anticipated a shift in Fed policy to lower interest rates in 2024. In 2023, AB was among the beneficiaries of the early wave of fixed income reallocations with two of three channels growing organically. We drove continued market share gains in US retail, led by municipal SMA and taxable fixed income....
AllianceBernstein Holding L.P. (AB) Q4 2023 Earnings Call Transcript