AllianceBernstein Reports Q1 2026 Assets Under Management

Firm sees $41 billion decline in AUM driven by market depreciation and net outflows

Apr. 13, 2026 at 8:06pm

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An extreme close-up of intricate, heavy machinery and equipment used in banking and finance, conveying a sense of the complex, industrial nature of the financial sector.AllianceBernstein's Q1 2026 AUM decline highlights the broader challenges facing the asset management industry amid market volatility.Today in Nashville

AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported that preliminary assets under management declined to $839 billion as of March 31, 2026 from $880 billion at the end of February, driven primarily by market depreciation and, to a lesser extent, net outflows during March. For the quarter ended March 31, 2026, preliminary firmwide net outflows totaled $7.2 billion.

Why it matters

As one of the largest global investment management firms, AllianceBernstein's AUM figures are closely watched as an indicator of broader trends in the asset management industry. The Q1 2026 decline reflects the challenging market environment, with investors pulling back amid economic uncertainty.

The details

During the month of March, modest net inflows in Private Wealth were offset by net outflows across Retail and Institutional channels. The firm saw a $41 billion decline in total AUM, with equity assets down $28 billion and fixed income assets down $9 billion.

  • AllianceBernstein reported preliminary AUM figures for March 31, 2026.
  • The firm saw a $41 billion decline in AUM compared to the end of February 2026.

The players

AllianceBernstein L.P.

A leading global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients.

AllianceBernstein Holding L.P.

The publicly traded partnership that owns a portion of AllianceBernstein L.P.

Equitable Holdings, Inc. (EQH)

The parent company that owns an approximate 68.0% economic interest in AllianceBernstein.

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What’s next

AllianceBernstein is expected to release its full Q1 2026 financial results in the coming weeks, providing more details on the drivers behind the AUM decline and the firm's outlook.

The takeaway

The drop in AllianceBernstein's AUM reflects the broader challenges facing the asset management industry, as investors remain cautious amid market volatility and economic uncertainty. The firm's ability to stem outflows and stabilize its AUM will be a key focus going forward.