Sanford C. Bernstein & Co., LLC (New York)


Sanford C. Bernstein & Co., LLC is a large advisory firm based in New York. It manages $9.12 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Sanford C. Bernstein & Co. provides portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sanford C. Bernstein & Co.: assets under management

The assets under management (AUM) of Sanford C. Bernstein & Co., LLC is $9.12 billion. The firm's AUM has gone down by -12% since the beginning of its operation, and $8.86 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $9.08 billion in discretionary accounts and $38.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $232.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.71 million.

Investments

The firm invests in sovereign bonds the most. They account for 44% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 27% of the firm’s portfolio. Investments in exchange traded securities form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sanford C. Bernstein & Co., LLC for their services and products based on a percentage of assets under management, subscription fees, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Donato Carifa serves?

The firm provides services to insurance companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of John Donato Carifa is other investment advisers with 0 clients and $3.59 billion of assets under management. Among the 10 most similar advisory firms, Sanford C. Bernstein & Co. has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $9.12 billion for 26 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 55% of the firm’s clients are foreign persons or businesses.

Sanford C. Bernstein & Co. doesn't advise any private funds.

Careers at Sanford C. Bernstein & Co., LLC

John Donato Carifa has been acting as President since 1 Oct 2000. David S Barnard joined the executive team most recently as the Svp/Head Of Bernstein Global Wealth Mgmt.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Donna Borgogelli Srop & crop 1 May 2000 Other 2969151
Alliance Capital Management Llc Sole llc member 1 Oct 2000 75% - 100% 11-3559441
Lewis Alan Sanders Director & chairman 1 Oct 2000 Other 410202
Gerald M Lieberman Director & chief financial officer 1 Oct 2000 Other 3139548
Marc Orlans Mayer Director & chief executive officer 1 Oct 2000 Other 2120110
Michael Thomas Borgia Director of operations & senior vice president 1 Oct 2000 Other 1054864
John Donato Carifa Director 1 Oct 2000 Other 1233822
Laurence Hugh Bertan Director of compliance & vice president 1 Dec 2000 Other 2332647
Lewis Alan Sanders Director 1 Jul 2001 Other 410202
Nicholas John Spencer President 1 Jul 2001 Other 2214268
Sallie Lee Krawcheck Chairman and chief executive officer 1 Jul 2001 Other 2269652
Lisa A Shalett Chairman, chief executive officer & director 1 Oct 2002 Other 2895449
Thomas Steven Hexner Director 1 Jan 2004 Other 1376024
Edward Joseph Farrell Director & chief financial officer 1 Feb 2004 Other 2069171
Joseph Francis Debellis Srop & crop 1 Nov 2006 Other 1251861
James A. Gingrich Chairman, chief executive officer & director 1 Feb 2007 Other 4123574
Cathleen Farrell Shine Co-chief compliance officer 1 Jan 2008 Other 2556020
Joseph Francis Debellis Co-chief compliance officer 1 Jan 2008 Other 1251861
Richard Gregg Taggart Svp - global head of operations 1 May 2008 Other 2059288
James Daniel Lamke Co-chief compliance officer 1 Nov 2008 Other 1418047
Laurence Hugh Bertan Co-chief compliance officer 1 Nov 2008 Other 2332647
Lawrence Pasquale Patrizio Senior vice president, global head of broker dealer operations and director 1 Oct 2009 Other 1828904
David Martin Senior vice president, head of risk management and director 1 Oct 2009 Other xxx-xx-xxxx
Robert P. Van Brugge Chairman, chief executive officer and director 1 Dec 2011 Other 4610799
David S Barnard Svp/head of bernstein global wealth mgmt 1 Feb 2013 Other 3139549

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. ("Acmc Inc.") Acmc Limited partner 1 Nov 1987 25% - 50% 13-2677213
The Equitable Life Assurance Society Of The United States("Equtable") Member 1 Dec 1989 75% - 100% 13-5570651
The Equitable Life Assurance Society Of The United States("Equitable") Member 1 Dec 1989 75% - 100% 13-5570651
Equitable Holdings Llc (Equitable Holdings") Stockholder 1 Dec 1997 75% - 100% 13-5570651
Equitable Stockholder 1 Dec 1997 75% - 100% 13-5570651
Alliance Capital Managementcorporation ("Acmc") General partner 1 Apr 1999 Other 13-3633538
Axa Client Solutions Llc ("Axa Client Solutions") Stockholder 1 Sep 1999 75% - 100% 52-2197822
Inc. Axa Financial Member 1 Sep 1999 75% - 100% 13-3623351
Llc ("Axa Financial Services") Axa Financial Services Stockholder 1 Sep 1999 75% - 100% 52-2197822
Alliance Capital Management Holding L.P. ("Acmhlp") Limited partner 1 Oct 1999 25% - 50% 13-3434400
L.P. ("Ablp") Alliancebernstein Sole member 1 Aug 2000 75% - 100% 13-3434400
Alliance Capital Management L.P. ("Acmlp") Sole member 1 Aug 2000 75% - 100% 13-3434400

Based in New York

The principal office where Sanford C. Bernstein & Co., LLC performs its advisory services is located at 1345 Avenue Of The Americas, New York, NY 10105, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-969-1000 or by fax 212-969-2293. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at abglobal.com.

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