{"url":"https://nivawealth.com/firms/schonfeld-wealth-management-342323","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/342323","regulatoryAum":132887325,"crd":"342323","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7516145","suffix":null,"lastName":"Beckerman","firstName":"Shmuel","middleName":null},{"crd":"5123118","suffix":null,"lastName":"Schonfeld","firstName":"Bernard","middleName":null}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-136340","legalName":"Schonfeld Wealth Management, LLC","displayName":"Schonfeld Wealth Management","slug":"schonfeld-wealth-management-342323","website":"https://schonfeldwm.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/342323/b3182388b7274eb1-r1.webp","tone":"light","width":1047,"height":200,"sourceUrl":"https://schonfeldwm.com","sourceLabel":"Schonfeld Wealth Management, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New York limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1063 63rd Street, 9th Floor, Suite 9400","city":"Brooklyn","state":"NY","stateName":"New York","country":"United States","postalCode":"11219"},"tradeNames":[],"registration":{"secApproved":"21 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":752577.9047619047,"staff":{"employees":4,"advisory":2,"brokerDealerReps":2,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":132887325,"discretionary":132887325,"discretionaryAccounts":412,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":29,"regulatoryAum":5676151},{"label":"High-net-worth individuals","clients":97,"regulatoryAum":89148665},{"label":"Pension and profit-sharing plans","clients":17,"regulatoryAum":0},{"label":"Charitable organizations","clients":4,"regulatoryAum":6723291},{"label":"Corporations and other businesses","clients":12,"regulatoryAum":31339218}],"feePrograms":[{"role":"main","program":"Asset Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058362","versionId":1058362,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-09-18","documentName":"FIRM BROCHURE - SCHONFELD WEALTH MANAGEMENT, LLC","fee_rate_low":1,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":1000},{"role":"other","program":"Financial Planning and Consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058362","versionId":1058362,"submittedOn":"2026-09-18","documentName":"FIRM BROCHURE - SCHONFELD WEALTH MANAGEMENT, LLC"},{"role":"other","program":"Retirement Plan Consulting","summary":"Annual asset-based fees typically 0.25% to 1.50% of plan assets, or hourly fees of up to $700 an hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058362","versionId":1058362,"submittedOn":"2026-09-18","documentName":"FIRM BROCHURE - SCHONFELD WEALTH MANAGEMENT, LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:17:58.781283+00:00","documents":[{"name":"FIRM BROCHURE - SCHONFELD WEALTH MANAGEMENT, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058362","versionId":1058362,"submittedOn":"2026-09-18"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":132887325}],"custodyNote":"Schonfeld Wealth Management has custody of $5.41M in client assets for 1 client.","otherCustodians":[],"leadership":[{"name":"Shmuel Beckerman","title":"Chief Compliance Officer","crd":"7516145"},{"name":"Pearl Schonfeld","title":"Member","crd":"8290787"},{"name":"Bernard Schonfeld","title":"Managing Member","crd":"5123118"}],"ownership":[{"label":"Bernard Schonfeld","detail":"Managing member in the 75% or more ownership band and a control person, since June 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"6806 US-9","city":"Howell Township"}]},{"state":"New York","offices":2,"addresses":[{"street":"1063 63rd Street, 9th Floor, Suite 9400","city":"Brooklyn","headquarters":true},{"street":"33 Downtown DR","city":"Monsey"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"718-963-9700","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":17},{"label":"U.S. government/agency bonds","percent":15},{"label":"Derivatives","percent":10},{"label":"Securities issued by registered investment companies or business development companies","percent":44},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":11},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"25 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/342323/PDF/342323.pdf","brochureDate":"18 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058362","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Schonfeld Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Schonfeld Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Schonfeld Wealth Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Schonfeld Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Schonfeld Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Schonfeld Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Schonfeld Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Schonfeld Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Schonfeld Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 25 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}