Schonfeld Wealth Management, LLC is a registered investment advisor based in Brooklyn, New York. Schonfeld Wealth Management offers comprehensive investment and financial planning services, including asset management, retirement plan consulting, and specialized financial planning covering budgeting, insurance, estate planning, taxes, and education funding. Portfolios are typically constructed using a diversified mix of mutual funds, exchange-traded funds, real estate investment trusts, individual stocks and bonds, and options. Schonfeld Wealth Management also utilizes digital platforms such as Betterment Advisor Solutions and third-party wrap fee programs like AssetMark to manage client portfolios, implement automated tax-aware strategies, and provide access to independent managers. Advisory services are tailored to each client's unique objectives, risk tolerance, and financial situation following an initial consultation and the execution of a written agreement.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Annual asset management fees typically range between 1.00% and 2.00% per year. Fees are negotiable based on account complexity, client financial needs, and expected assets under management.