AllianceBernstein Partners with Newmark EIA and Selects Nashville for HQ Relocation

After an exhaustive search, the announcement was made last week that, $500 billion global assets management firm, AllianceBernstein is planning to move its headquarters to Nashville, Tennessee.

Newmark Managing Director Kim Moore, part of the Newmark Economic Incentives Advisory team, has spent the last year working side-by-side with AllianceBernstein negotiating the incentives and tax savings that were key to the decision.

An article on the Brentwood Homepage website explains, “In 2017, Kim Moore was tasked with managing AllianceBernstein’s re-location search. The company started with a list of 24 cities, which did not include a Tennessee location, and were tasked with narrowing it to seven. Moore was with the client in an airport between site visits, when one of the seven cities was eliminated. The company asked Moore if they should add another location after eliminating this most recent city. Moore then suggested the company consider Williamson County and Nashville...”

The Brentwood Homepage online article goes on to explain, “AllianceBernstein’s decision to leave New York for Nashville is being portrayed in the financial media as part of a trend among financial companies. Bloomberg News noted the state and city personal income taxes in New York and the overall cost of living, noting that large financial companies had relocated or established divisions in Salt Lake City, Jacksonville, Florida and Austin, Texas”.

Read the full article, AllianceBernstein project consultant was Outlook Williamson keynote speaker.
Other articles highlighting Mrs. Moore's efforts include Williamson, Inc. plays key role in AllianceBernstein relocation and Williamson Inc Helps Bring AllianceBernstein’s New HQ to Nashville Region.

AllianceBernstein’s recent announcement has been featured in articles in multiple publications including Bloomberg, Wall Street Journal, Financial Times, New York Times, The Tennessean, Nashville Business Journal, and Nashville Post.

In the article, Mrs. Moore’s recent participation as keynote speaker at the recent Outlook Williamson annual event is also highlighted. Read more about the Outlook Williamson event.

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