(Bloomberg) -- AllianceBernstein Holding LP Chief Executive Officer Seth Bernstein said the opening of the company’s Nashville headquarters has been pushed back to the first or second quarter of 2021 after the coronavirus crisis delayed construction plans.

The firm had planned to be moved in by the end of the year until the pandemic hit, Bernstein said Wednesday during a virtual conference.

AllianceBernstein had $596 billion in assets under management at the end of May.

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