Schonfeld Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Schonfeld Wealth Management reports 159 clients. They include 97 high-net-worth individuals, 29 individual clients, and 17 pension and profit-sharing plans. Of its assets, 100.0% ($133M across 412 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 18% | 4% |
| High-net-worth individuals | 61% | 67% |
| Pension and profit-sharing plans | 11% | 0% |
| Charitable organizations | 3% | 5% |
| Corporations and other businesses | 8% | 24% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 29 | $5.68M | 4.3% | $196K |
| High-net-worth individuals | 97 | $89.1M | 67.1% | $919K |
| Pension and profit-sharing plans | 17 | $0 | 0.0% | $0 |
| Charitable organizations | 4 | $6.72M | 5.1% | $1.68M |
| Corporations and other businesses | 12 | $31.3M | 23.6% | $2.61M |
| Total | 159 | $133M | 100% | $836K |
- Clients
- 29
- Regulatory AUM
- $5.68M
- AUM share
- 4.3%
- Avg. per client
- $196K
- Clients
- 97
- Regulatory AUM
- $89.1M
- AUM share
- 67.1%
- Avg. per client
- $919K
- Clients
- 17
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- $0
- Clients
- 4
- Regulatory AUM
- $6.72M
- AUM share
- 5.1%
- Avg. per client
- $1.68M
- Clients
- 12
- Regulatory AUM
- $31.3M
- AUM share
- 23.6%
- Avg. per client
- $2.61M
Total
- Clients
- 159
- Regulatory AUM
- $133M
- AUM share
- 100%
- Avg. per client
- $836K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Schonfeld Wealth Management charges 1.00%–2.00% a year for its Asset Management Services. The fee is billed in advance, is negotiable and has a $1,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Hourly fees of up to $700 per hour, negotiable and set in the written agreement, with advance payment of up to 100% of expected fees.
- Retirement Plan Consulting
- Annual asset-based fees typically 0.25% to 1.50% of plan assets, or hourly fees of up to $700 an hour.
Bernard Schonfeld owns 75% or more of Schonfeld Wealth Management. The leadership team of Schonfeld Wealth Management includes Chief Compliance Officer Shmuel Beckerman. It has 4 employees, 2 of them in advisory roles.
Leadership
- Shmuel BeckermanChief Compliance Officer
- Pearl SchonfeldMember
- Bernard SchonfeldManaging Member
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Schonfeld Wealth Management, LLC
Bernard Schonfeld
Control person · since June 2026
Besides its headquarters, Schonfeld Wealth Management has 2 offices, with 3 listed addresses across 2 states.
New York · 2 listed addresses
- 1063 63rd Street, 9th Floor, Suite 9400, BrooklynHQ
- 33 Downtown DR, Monsey
New Jersey · 1 listed address
- 6806 US-9, Howell Township
Contact and registration details
- Legal name
- Schonfeld Wealth Management, LLC
- Headquarters
- 1063 63rd Street, 9th Floor, Suite 9400, Brooklyn, NY 11219
- Website
- schonfeldwm.com
- Phone
- 718-963-9700
- SEC file
- 801-136340
- Structure
- New York LLC
- Fiscal year end
- December
Schonfeld Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($133M). Schonfeld Wealth Management has custody of $5.41M for 1 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $133M100%
At year end, Schonfeld Wealth Management’s separately managed accounts were mostly in funds (55%) and stocks (17%).
What the accounts hold
- Stocks17%
- Funds55%
- Registered funds44%
- Pooled vehicles11%
- Bonds15%
- Cash3%
- Other10%
- Derivatives10%
How many clients does Schonfeld Wealth Management have?
Schonfeld Wealth Management has 159 clients and manages $133 million for them, as of September 2026. They include 97 high-net-worth individuals, 29 individual clients, and 17 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does Schonfeld Wealth Management offer?
Schonfeld Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Schonfeld Wealth Management charge?
Schonfeld Wealth Management charges 1.00%–2.00% a year for its Asset Management Services. The fee is billed in advance, is negotiable and has a $1,000 annual minimum.
Source: FIRM BROCHURE - SCHONFELD WEALTH MANAGEMENT, LLC, filed 18 September 2026
Which custodians does Schonfeld Wealth Management use?
Schonfeld Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $133M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does Schonfeld Wealth Management have?
Schonfeld Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Schonfeld Wealth Management invest in?
At the end of its last fiscal year, Schonfeld Wealth Management’s separately managed accounts held 44% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities, 15% U.S. government and agency bonds, 11% pooled vehicles (private funds and similar), 10% derivatives and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Schonfeld Wealth Management?
Schonfeld Wealth Management’s direct owner is Bernard Schonfeld (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does Schonfeld Wealth Management get paid?
Schonfeld Wealth Management is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Schonfeld Wealth Management?
Schonfeld Wealth Management’s main office is at 1063 63rd Street, 9th Floor, Suite 9400, Brooklyn, NY 11219. Its phone number is 718-963-9700. Its website is schonfeldwm.com.