“We reported third quarter Non-GAAP operating earnings per share of $1.48, or $1.67 excluding notable items, up 2% from the prior year quarter. We continue to see strong organic growth momentum, supported by our flywheel business model and highlighted by $1.1 billion of Retirement net inflows and $2.2 billion of advisory net inflows in Wealth Management. In Asset Management, AllianceBernstein also reported net inflows for the quarter of $1.7 billion, excluding the impact of the life reinsurance transaction with RGA. Our underlying organic growth momentum, in combination with favorable market conditions, drove assets under management to a record $1.1 trillion,” said Mark Pearson, President and Chief Executive Officer.
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