AllianceBernstein Holding L.P. (NYSE:AB) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET

Company Participants

Seth Bernstein - President, Chief Executive Officer

Bill Siemers - Interim Chief Financial Officer

Karl Sprules - Chief Operating Officer

Onur Erzan - Head of Global Client Group & Private Wealth

Mark Griffin - Head of Investor Relations

Conference Call Participants

Craig Siegenthaler - Bank of America

Alex Blostein - Goldman Sachs

Dan Fannon - Jefferies

John Dunn - Evercore ISI

Operator

Thank you for standing by, and welcome to the Alliance Bernstein Third 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 AB, Mr. Mark Griffin. Please go ahead.

Mark Griffin

Thank you, operator. Good morning, everyone, and welcome to our third 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, and Bill Siemers, Interim CFO. Karl Sprules, Chief Operating Officer, and 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 two of our presentation.

You can also find our Safe Harbor language in the MD&A of our 10-Q, which we filed yesterday. 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. In the third quarter, equity and fixed income markets pulled back from gains earlier in the year as yields remained volatile, moving higher throughout the quarter and reaching levels last seen pre-global financial crisis.