AllianceBernstein Holding LP 8-K 01-24-2007
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of Report (Date of earliest event reported):
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January
24, 2007
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ALLIANCEBERNSTEIN
HOLDING
L.P.
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(Exact
name of registrant as specified in its
charter)
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Delaware
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001-09818
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13-3434400
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File Number)
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(I.R.S.
Employer Identification Number)
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1345
Avenue of the Americas, New York, New York
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10105
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
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212-969-1000
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following
provisions:
o
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Section
2.
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Financial
Information
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Item
2.02.
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Results
of Operations and Financial
Condition.
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AllianceBernstein
Holding L.P. (“AllianceBernstein Holding”) is furnishing the news release it
issued on January 24, 2007 concerning financial and operating results for the
quarter and full year ended December 31, 2006 (“4Q06 Earnings Release”). The
4Q06 Earnings Release is attached hereto as Exhibit 99.01.
AllianceBernstein
Holding is furnishing its Fourth Quarter 2006 Review, dated January 24, 2007
(“4Q06 Review”). The Fixed Income performance figures displayed on slide 36
reflect corrections to the version originally presented. The 4Q06 Review
is attached hereto as Exhibit 99.02.
AllianceBernstein
Holding is furnishing a transcript of its conference call with analysts relating
to financial and operating results for the quarter and full year ended December
31, 2006 (“4Q06 Transcript”). The call took place on January 24, 2007. The 4Q06
Transcript is attached hereto as Exhibit 99.03.
The
4Q06
Earnings Release, 4Q06 Review, and the conference call with analysts (reflected
in the 4Q06 Transcript) include forward looking statements predicting increases
in net asset inflows, describing the likelihood of improved performance by
growth equities relative to value equities, expecting an increase in assets
under management subject to performance fees and a related increase in
seasonal volatility, indicating anticipated expense
levels, estimating the impact a clerical error may have on our earnings, and
anticipating the recovery of most of the cost of this error. The actual
performance of financial markets generally, how our performance measures against
that of our competitors, and other factors we cannot control will affect our
asset inflows and whether performance by growth equities relative to value
equities improves. Performance-based fees are by nature seasonal and volatile
and thus difficult to predict. Our expense levels in future periods depend
in
part on headcount and office space needed in response to the growth in volume,
complexity and global nature of our firm. The estimate of the impact of the
clerical error is based on very preliminary data. Accordingly, the estimated
impact on earnings may prove inaccurate as we gather and analyze additional
information. In addition, our ability to recover most of the cost of the error
is dependent, in part, on the availability of funds from the related
class-action settlement fund, the amount of which is not known, and the
willingness of our insurers to reimburse us under existing policies for this
cost.
Item
7.01.
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Regulation
FD Disclosure.
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AllianceBernstein
Holding is furnishing the 4Q06 Earnings Release, which is attached hereto as
Exhibit 99.01.
AllianceBernstein
Holding is furnishing the 4Q06 Review, which is attached hereto as Exhibit
99.02.
AllianceBernstein
Holding is furnishing the 4Q06 Transcript, which is attached hereto as Exhibit
99.03.
Section
9.
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Financial
Statements and
Exhibits
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Item
9.01.
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Financial
Statements and Exhibits.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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ALLIANCEBERNSTEIN
HOLDING
L.P.
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Dated:
January 25, 2007
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By:
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/s/
Robert H. Joseph, Jr.
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Robert
H. Joseph, Jr.
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Senior
Vice President and
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Chief
Financial Officer
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