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AllianceBernstein Partnered With Equitable To Host an Event for Students From Historically Black Colleges and Universities
AllianceBernstein Partnered With Equitable To Host an Event for Students From Historically Black Colleges and Universities
Published 10-28-22
Submitted by AllianceBernstein
At the end of September, AllianceBernstein was honored to partner with colleagues at Equitable to support the Thurgood Marshall College Fund Leadership Institute by hosting a reception for students from Historically Black Colleges and Universities (HBCUs) at AB’s New York office. During the event, AB President & CEO Seth P. Bernstein shared insights into the financial services industry, the firm and career opportunities at AB. AB’s Global Head of Diversity, Equity & Inclusion and Corporate Citizenship Janessa Cox-Irvin, Diversity Partnerships & Programs Manager Raquel Barlow, and members of our Campus Recruiting team also participated in the event.
Thurgood Marshall College Fund (TMCF) is the nation’s largest organization exclusively representing the Black College Community. TMCF member-schools include the publicly supported HBCUs and Predominantly Black Institutions (PBIs). TMCF has historically provided centralized access to diverse talent and established a platform to educate diverse communities on the finance industry and build financial literacy. Every year, TMCF hosts a Leadership Institute for diverse talent to interact with corporate partners and receive professional development.
During this event, AB and Equitable employees interacted with high-achieving talent, discussing the firm, the industry and other opportunities.
AB is deeply committed to growing diverse talent in the financial services industry. In June 2022, AB established its HBCU Scholars program, which provides diverse students exposure to AB and the financial services industry. The HBCU Scholars program has featured 11 scholars to date. The program is open to sophomores from four university partners: Tennessee State University, Fisk University, Hampton University, and Alabama A & M. Students from these institutions have the opportunity to receive a scholarship, in addition to a 9-week internship filled with immersive learning opportunities and mentorship.
In alignment with AB’s “Drive to 25” initiative to increase the firm’s diverse talent by 2.5% by 2025, our HBCU Scholars program seeks to create a diverse talent pipeline for the firm and the industry by engaging early and often.
Learn more about AB’s approach to responsibility here.
AllianceBernstein
AllianceBernstein
AllianceBernstein (AB) is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients in major world markets.
To be effective stewards of our clients’ assets, we strive to invest responsibly—assessing, engaging on and integrating material issues, including environmental, social and governance (ESG) considerations into most of our actively managed strategies (approximately 79% of AB’s actively managed assets under management as of December 31, 2024).
Our purpose—to pursue insight that unlocks opportunity—describes the ethos of our firm. Because we are an active investment manager, differentiated insights drive our ability to design innovative investment solutions and help our clients achieve their investment goals. We became a signatory to the Principles for Responsible Investment (PRI) in 2011. This began our journey to formalize our approach to identifying responsible ways to unlock opportunities for our clients through integrating material ESG factors throughout most of our actively managed equity and fixed-income client accounts, funds and strategies. Material ESG factors are important elements in forming insights and in presenting potential risks and opportunities that can affect the performance of the companies and issuers that we invest in and the portfolios that we build. AB also engages issuers when it believes the engagement is in the best financial interest of its clients.
Our values illustrate the behaviors and actions that create our strong culture and enable us to meet our clients' needs. Each value inspires us to be better:
- Invest in One Another: At AB, there’s no “one size fits all” and no mold to break. We celebrate idiosyncrasy and make sure everyone’s voice is heard. We seek and include talented people with diverse skills, abilities and backgrounds, who expand our thinking. A mosaic of perspectives makes us stronger, helping us to nurture enduring relationships and build actionable solutions.
- Strive for Distinctive Knowledge: Intellectual curiosity is in our DNA. We embrace challenging problems and ask tough questions. We don’t settle for easy answers when we seek to understand the world around us—and that’s what makes us better investors and partners to our colleagues and clients. We are independent thinkers who go where the research and data take us. And knowing more isn’t the end of the journey, it’s the start of a deeper conversation.
- Speak with Courage and Conviction: Collegial debate yields conviction, so we challenge one another to think differently. Working together enables us to see all sides of an issue. We stand firmly behind our ideas, and we recognize that the world is dynamic. To keep pace with an ever changing world and industry, we constantly reassess our views and share them with intellectual honesty. Above all, we strive to seek and speak truth to our colleagues, clients and others as a trusted voice of reason.
- Act with Integrity—Always: Although our firm is comprised of multiple businesses, disciplines and individuals, we’re united by our commitment to be strong stewards for our people and our clients. Our fiduciary duty and an ethical mind-set are fundamental to the decisions we make.
As of December 31, 2024, AB had $792B in assets under management, $555B of which were ESG-integrated. Additional information about AB may be found on our website, www.alliancebernstein.com.
Learn more about AB’s approach to responsibility here.
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