Welcome to a $735B-AUM Firm's New HQ
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Wednesday, May 4, 2022

Welcome to a $735B-AUM Firm's New HQ

A $735-billion-AUM (as of March 31), publicly traded asset manager's team is officially moving into their new home base.

Seth P. Bernstein
President, CEO
Yesterday, Seth Bernstein, president and CEO of AllianceBernstein L.P. [profile], confirmed that the mutual fund firm's new Nashville headquarters is open for business. The office is at 501 Commerce St, occuping floors 17 through 24 (which translates into more than 221,000 square feet).

As of March 31, AB had more than Nashville-based employees. (That translates into about one quarter of AB's 4,118 employees, as of September 30.) The plan is for AB to have 1,250 Nashville employees by 2024 (up from 1,050 as previously planned).

"Our new headquarters in Nashville reflects our firm's focus on creaeting top-of-the-line and sustainable office spaces for our employees," Bernstein states.

AB's new HQ features the LEED Silver certification (for sustainable design), open-concept office spaces, more than 250 meeting rooms (some on each floor), tea and coffee stations on each floor, a work cafe and kitchen, and a suite of rooms for nursing mothers. AB's logo is also atop the building.

The opening of AB's new HQ comes four years after the AB team officially started moving to Nashville.

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