AllianceBernstein investing in $70M headquarters in Nashville

AllianceBernstein investing in $70M headquarters in Nashville

NASHVILLE, TN (WSMV) –

Global asset administration agency AllianceBernstein is investing greater than $70 million to determine its company headquarters in Nashville.

The relocation of its firm headquarters will create greater than 1,000 company jobs, together with positions in finance, IT, operations, authorized, compliance, inside audit, human assets, gross sales and advertising and marketing.

Gov. Bill Haslam is looking the choice “an incredible win for our state,” citing Tennessee’s “pro-growth policies” as one of many causes for being chosen.

According to a launch from the Tennessee Department of Economic & Community Development, AllianceBernstein provides analysis and funding companies to buyers, people and personal wealth shoppers the world over.

“We see Nashville as a game-changer in terms of our ability to source, develop and retain talent, provide a high quality of life for our employees, enhance our competitive edge in an increasingly challenging marketplace and make a lasting impact on our new community,” stated President and CEO Seth P. Bernstein in a information launch. “While we will always maintain a presence in New York City and are a global firm with offices in more than 22 countries, we are very proud and excited to call Nashville our new corporate headquarters.”

The monetary agency manages roughly $549 billion in belongings and employs almost three,500 workers in places of work throughout 22 nations.

Copyright 2018 WSMV (Meredith Corporation). All rights reserved.

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