NEW YORK, April 9, 2018 /PRNewswire/ -- Bernstein
Private Wealth Management ("Bernstein"), a unit of
AllianceBernstein L.P ("AB"), today announced it has appointed
James Seth Thompson as Head of
Diverse Markets Strategy, the firm's first-ever role dedicated to
diversity, inclusion and the multicultural marketplace. In this
newly created position, Thompson will lead efforts to develop
relationships with multicultural high-net-worth individuals and
their families, business owners, institutions and not-for-profit
organizations, and provide them access to Bernstein's research and
investment planning expertise.
"We believe strongly that this role presents us a significant
opportunity to attract and better serve investors in this
fast-growing segment of the market," said Joel Stevens, Senior Managing Director at
Bernstein. "We're thrilled to partner with diverse accountants,
attorneys, consultants and investment bankers to introduce
Bernstein's services to a broader opportunity set of clientele as
well as to enhance our ability to attract and develop diverse
talent."
Prior to this role, Thompson led business development, marketing
strategy and program execution for AB's global insurance arm, and
before that, for the firm's North
America institutional and insurance services divisions.
Reflecting AB's strong commitment to fostering a diverse and
inclusive environment, Thompson has also held several distinct
leadership roles to promote the professional development of diverse
talent internally across the firm. He has also worked with external
organizations focused on diversity and inclusion (D&I), which
includes partnerships with academic institutions such as
Historically Black Colleges and Universities, to recruit from
diverse groups throughout the U.S.
"AB is deeply committed to cultivating a diverse and inclusive
workforce," said Janessa Cox, Head
of Diversity and Inclusion at AB. "We're excited to have James in
the firm's first-ever, client-focused role that supports our
D&I values and believe it will allow him to positively impact
our culture, both internally and with our clients."
About Bernstein
Bernstein Private Wealth Management, a unit of AllianceBernstein
L.P. (AB) provides investment planning advice and services to
individuals, families, endowments, foundations and other financial
guardians, so that they can reach their long-term investment
objectives. Our global research enables us to customize a portfolio
that suits any type of investment goal, income need, tax situation
or tolerance for risk. And we use proprietary, centrally managed
investment strategies that ensure every client receives the firm's
best thinking on opportunities and risk control. For more
information, visit www.bernstein.com.
About AllianceBernstein
AllianceBernstein is a
leading global investment management firm that offers high-quality
research and diversified investment services to institutional
investors, individuals and private wealth clients in major world
markets.
As of December 31, 2017, including
both the general partnership and limited partnership interests in
AB, AB Holding owned approximately 35.5% of AB and AXA, a worldwide
leader in financial protection, owned an approximate 64.7% economic
interest in AB.
Additional information about AB may be found on our website,
www.alliancebernstein.com.
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SOURCE AllianceBernstein L.P.