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Wall Street Asset Manager Leaving NYC, Moving Over 1K Jobs Out Of State
A prominent Wall Street money manager is trading Broadway shows for country music.
Asset manager AllianceBernstein is leaving to New York and heading to Nashville, according to multiple reports, taking its corporate headquarters, and an estimated 1,050 jobs, starting later this year.
In a filing on Wednesday, AllianceBernstein said that it chose Music City following “a months-long search that evaluated cities on attributes including housing, cost of living, education and weather.”
Some of the company’s divisions will stay in New York, such as portfolio managers and private wealth managers.…
