AllianceBernstein Leaves Wall Street for Nashville

Posted on 05/02/2018


Money manager AllianceBernstein revealed plans to move its headquarters from midtown Manhattan to Nashville, Tennessee. Increasingly, asset managers are leaving the coasts for fly-over country to save money on taxes, fees, regulations and labor costs (and shorter commute times and housing costs for employees). Tennessee is a state without an income tax. AllianceBernstein plans to […]