Exhibit 12.01
AllianceBernstein L.P.
Consolidated Ratio of Earnings to Fixed Charges
	Years Ended December 31,
	2017		2016		2015
	(in thousands)
Fixed Charges:
Interest Expense		$8,194		$4,765		$3,119
Estimate of Interest Component in Rent Expense (1)	-		-		-
Total Fixed Charges		$8,194		$4,765		$3,119
Earnings:
Income Before Income Taxes and Non-Controlling		$773,910		$723,165		$631,099
Interest in Earnings of Consolidated Entities
Other	12,898		2,515		7,727
Fixed Charges	8,194		4,765		3,119
Total Earnings		$795,002		$730,445		$641,945
Consolidated Ratio of Earnings to Fixed Charges	97.02		153.29		205.82
(1) AllianceBernstein L.P. has not entered into financing leases during these periods.