1. Operations for Financial Services
ALLIANCEBERNSTEIN
David Kohn
Kirk Moehle
Operations for Financial Services

2. Bernstein’s Product Offerings
Job Shop
Custom
Low Volume
High Volume
Commodity
Small/Mid Cap
Production
Diversified Value
Repetitive
Strategic Value
Flow Shop
Mutual Funds

3. Internal Business Process
Account openings and closings
Daily Account Management
Trade allocation and processing
Legal
Portfolio Management
Sales
Operations

4. Recommendations  Redesign trade allocation process
 Increase alternative distribution/service channels
 Increase product offerings to private clients
 Allow brokerage accounts
 Form separate unit to monitor operation risk
 Work closely with legal

5. Q & A