AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Bernstein Private Wealth Management Appoints Bowman Hallagan to Lead Dallas Office

March 3, 2020 GMT

DALLAS--(BUSINESS WIRE)--Mar 3, 2020--

Bernstein Private Wealth Management (Bernstein), a unit of AllianceBernstein L.P. (AB), announced today that Bowman Hallagan has been appointed to head up its Dallas office.

In the role, Hallagan, a Managing Director, is now responsible for overseeing client service and the strategic growth of Bernstein’s business in the region. He will continue to work closely with client teams on complex wealth management issues such as pre-transaction preparation, multigenerational wealth transfer, philanthropy, retirement planning, and asset allocation.

“Dallas-Fort Worth is an increasingly popular hub for corporate headquarters and an attractive location for high-net-worth families. It was ranked the top US market for growth in office jobs in 2019 by CBRE, with similar growth expected for 2020,” said David Barnard, Head of Private Wealth Management. “Given the deep opportunity, we’re excited to build on our more than two decades of experience operating in the Dallas market under Bowman’s leadership. Bowman has a strong track record of success and exceptional client counsel over his past nine years with the firm.”

“Since moving to the Dallas area, I’ve been encouraged by the engaged and vibrant local business community. I look forward to building connections with local business owners, families, and endowments and to continuing to provide clients with the top-notch level of service that they have come to expect from Bernstein,” said Hallagan.

Hallagan joined Bernstein in 2011 and formerly served as Vice President and Financial Advisor for the firm’s Boston office. He provided investment planning and management advice to high-net-worth individuals, families, and institutions with a focus on mergers and acquisitions and multigenerational family businesses. Prior to Bernstein, Hallagan was an Account Executive at the Wall Street Journal. He holds a BA in political science and economics from Bucknell University.

About Bernstein:

Founded more than 50 years ago, 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 investment goal, income need, tax situation, or tolerance for risk. The firm managed $101 billion in assets as of December 31, 2019. 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, 2019, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.0% of AllianceBernstein and Equitable Holdings, Inc. (NYSE: EQH), directly and through various subsidiaries, owned an approximate 64.8% economic interest in AllianceBernstein.

Additional information about AllianceBernstein may be found on our website, www.alliancebernstein.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200303005264/en/

CONTACT: Prosek Partners

Erica Warfield

pro-bernstein@prosek.com

646.503.5907

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: CONSULTING BANKING PROFESSIONAL SERVICES

SOURCE: Bernstein Private Wealth Management

Copyright Business Wire 2020.

PUB: 03/03/2020 09:00 AM/DISC: 03/03/2020 09:01 AM

http://www.businesswire.com/news/home/20200303005264/en