Are there any minimum investment requirements with AllianceBernstein?
Yes, AllianceBernstein does have minimum investment requirements. The specific minimum investment amount varies depending on the type of investment product. For mutual funds, the minimum initial investment is generally $2,500, although certain funds may have higher or lower minimums. Additionally, some funds offer lower minimums for subsequent investments. For separately managed accounts, the minimum initial investment typically starts at $250,000, while for wrap fee assets, it can be as low as $50,000. It's important to note that these minimum investment requirements are subject to change and may differ based on the investor's type and account structure. Investors should consult with an AllianceBernstein representative or refer to the relevant prospectus or offering materials for accurate and up-to-date information on minimums.
Answered May 3, 2024
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