AdvisorCensus / Financial advisors / New York / New York / Schonfeld Wealth Management, LLC
Schonfeld Wealth Management, LLC is an SEC-registered investment advisory firm in Brooklyn, NY, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 25, 2026.
Quick answers
From the filingHow is Schonfeld Wealth Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Schonfeld Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.
What does Schonfeld Wealth Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated June 9, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Schonfeld Wealth Management, LLC located?
Schonfeld Wealth Management, LLC's principal office is in Brooklyn, NY, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Schonfeld Wealth Management, LLC registered with the SEC or a state?
Schonfeld Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 342323.
How much does Schonfeld Wealth Management, LLC manage?
Schonfeld Wealth Management, LLC reports $132,887,325 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).
What types of clients does Schonfeld Wealth Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (97); individuals (other than high net worth individuals) (29); pension and profit sharing plans (but not the plan participants or government pension plans) (17).
Which custodians does Schonfeld Wealth Management, LLC use?
Schonfeld Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Schonfeld Wealth Management, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/342323
What changed in Schonfeld Wealth Management, LLC's recent Form ADV filings?
In the October 2026 filing data: Added an office in Howell Township, NJ. Added an office in Monsey, NY.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1% to 2% a year (a range, as the brochure states it)
The brochure's wording
The annual fee for these services typically ranges between 1.00% and 2.00% per year and includes the costs of any Independent Managers we engage to assist in the management of your account .
Minimum annual fee: $1,000
The brochure's wording
We require a minimum annual fee of $1,000 to commenc e or continue a n asset management relationship.
We may waive the foregoing requirement in our sole discretion for specific clients.
As stated in the firm's Form ADV Part 2A brochure dated June 9, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$132,887,325 as of October 2026, filing dated September 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 4. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the October 2026 filing
- States registered or notice-filed
-
4 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- October 2026
- Added an office in Howell Township, NJ.
- Added an office in Monsey, NY.
- July 2026
- Changed its legal name from SCWM, LLC to Schonfeld Wealth Management, LLC.
- Updated its list of owners and control persons (Schedule A).
- June 2026
- Newly registered with the SEC.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Schonfeld Wealth Management, LLC (CRD 342323): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/schonfeld-wealth-management-llc-brooklyn-ny-342323