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Industrial Development Board approves $525,000 incentive payout to AllianceBernstein

3332970 · May 16, 2025
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Summary

The Industrial Development Board approved the second of seven annual incentive payments to AllianceBernstein on May 14, authorizing $525,000 tied to 50 qualifying jobs in Nashville.

NASHVILLE — The Industrial Development Board on May 14 approved an annual incentive grant payout to AllianceBernstein in the amount of $525,000, the second payment under a multi‑year agreement intended to support the firm's relocation and hiring in Nashville.

Carl Spruill, chief operating officer of AllianceBernstein’s Nashville operation, told the board the firm now employs roughly 1,050 people in Nashville and has committed to local workforce training programs, an associate training pipeline…

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