Schonfeld Strategic Advisors primarily offers discretionary investment advice to private investment funds, trading vehicles, and some of its affiliates. In some cases, Schonfeld may offer non-discretionary advice to an affiliate. Schonfeld also selects and delegates trading authority to affiliated and unaffiliated portfolio managers. The firm is owned by trusts for the benefit of Steven Schonfeld and his family.
Fee Structure
Schonfeld Strategic Advisors manages investments for private funds and trading vehicles, not individual investors. Fees are charged to these funds, including management fees and performance allocations. These fees are in addition to those charged by the Portfolio Managers who manage the funds’ assets. The expenses of Schonfeld are generally borne by its non-management-fee-paying clients and certain management-fee-paying clients.