# 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. - CRD: 342323 - Filed as: SCHONFELD WEALTH MANAGEMENT, LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Brooklyn, NY - Filing period: October 2026 - Form ADV filing dated: September 25, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/342323 - AdvisorCensus page: https://advisorcensus.com/firm/schonfeld-wealth-management-llc-brooklyn-ny-342323 ## Quick answers **How 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 ### Compensation (Item 5.E) - A percentage of assets under your management - Hourly charges ### Fees and minimums (Form ADV Part 2A brochure dated June 9, 2026) - Asset-based fee: 1% to 2% a year (a range, as the brochure states it) > 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 > 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 brochure. Fees can differ by service and may be negotiable. ### Custodians (Schedule D, Section 5.K(3)) - Charles Schwab & Co., Inc. 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. ### Regulatory assets under management (Item 5.F) - Total: $132,887,325 - Discretionary: $132,887,325 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 29 | $5,676,151 | | High net worth individuals | 97 | $89,148,665 | | Banking or thrift institutions | 0 | $0 | | Investment companies | 0 | $0 | | Business development companies | 0 | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $0 | | Charitable organizations | 4 | $6,723,291 | | State or municipal government entities (including government pension plans) | 0 | $0 | | Other investment advisers | 0 | $0 | | Insurance companies | 0 | $0 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 12 | $31,339,218 | | Other | 0 | $0 | ### 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) ### Firm details - Registered since: 2026 (0 years) - Employees: 4 total, 2 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: CA, NJ, NY, TX - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Other offices (Schedule D, Section 1.F), as of the October 2026 filing - Howell Township, NJ - Monsey, NY ### Websites listed on Form ADV (Item 1.I) - schonfeldwm.com ## 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). ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Schonfeld Wealth Management, LLC (CRD 342323): Form ADV filing data as of October 2026.