Our firm has evolved from distinguished origins to become a distinctive firm.
AllianceBernstein traces its origins back more than 45 years. Sanford C. Bernstein was founded in 1967 as an investment-management firm for private clients. Alliance Capital was founded in 1971 when the investment-management department of Donaldson, Lufkin & Jenrette, Inc., merged with the investment-advisory business of Moody's Investor Services, Inc.
In October 2000, Alliance Capital acquired Sanford C. Bernstein. Alliance Capital's expertise in growth equity and corporate fixed-income investing, and its family of retail mutual funds, complemented Bernstein's expertise in value equity and tax-exempt fixed-income management, and its private-client business. This combination became a recipe for success with few precedents in the industry.