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8 Years at AB|40 Years of Experience
Seth Bernstein was appointed President and Chief Executive Officer of AllianceBernstein (AB) in 2017. In 2018, he was appointed Senior Executive Vice President and Head of Asset Management of Equitable Holdings. Prior to his appointment at AB, Bernstein had a distinguished 32-year career at JPMorgan Chase, most recently as managing director and global head of Managed Solutions & Strategy at J.P. Morgan Asset Management. In this role, he was responsible for the management of all discretionary assets within the Private Banking client segment. Among other roles, Bernstein served as managing director and global head of Fixed Income & Currency for 10 years, concluding in 2012. Prior to that, he held the position of CFO at JPMorgan Chase’s Investment Management and Private Banking division. Bernstein holds a BA in political science and economics from Haverford College. He is Vice-Chair of Haverford College’s Board of Managers and the Clerk of the board’s Investment Committee. Bernstein is also a member of the Council of Foreign Relations in New York, as well as a Board of Trustees member of the Brookings Institution and a governor of the Investment Company Institute, both in Washington, DC. In addition, he serves as a trustee of Cheekwood Estate & Gardens in Nashville, TN. Location: New York
There's no shortage of challenges for the asset management industry today, including fee pressures, evolving client preferences and the advance of technology. For active managers, passive continues to gain market share, leaving the question: What creates the asset manager of the future?
Seth Bernstein | 09 December 2019