AllianceBernstein's CEO Discusses Q4 2011 Results - Earnings Call Transcript

AllianceBernstein Holding L.P. (AB)

Q4 2011 Earnings Conference Call

February 10, 2012 8:00 AM ET

Executives

Andrea Prochniak – Director, IR

Peter Kraus – Chairman and CEO

Ed Farrell – Controller and Interim CFO

Jim Gingrich – COO

Analysts

Michael Kim – Sandler O’Neill

Bill Katz – Citigroup

Matthew Kelly – Morgan Stanley

Cynthia Mayer – Bank of America Merrill Lynch

Alex Blostein – Goldman Sachs

Chris Spahr – CLSA

Robert Lee – KBW

Presentation

Operator

Thank you for standing by, and welcome to the AllianceBernstein fourth quarter 2011 earnings review.

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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 replayed for one week.

I would now like to turn the conference over to the host for this call, the Director of Investor Relations for AllianceBernstein, Ms. Andrea Prochniak. Please go ahead.

Andrea Prochniak

Thank you, Christie. Good morning, everyone, and welcome to our fourth quarter 2011 earnings review. As a reminder, this conference call is being webcast and accompanied by a slide presentation that can be found in the Investor Relations section of our website.

Our Chairman and CEO, Peter Kraus; and our Controller and Interim CFO, Ed Farrell, will present our financial results today. Our new Chief Operating Officer, Jim Gingrich, is with us as well. He’ll participate in the question-and-answer portion of this call.