Schonfeld Strategic Advisors LLC (New York)

Name: Schonfeld Strategic Advisors LLC
Address: 460 Park Avenue, New York, NY, 10022
Telephone: 646 735 9630

Schonfeld Strategic Advisors LLC is a large advisory firm based in New York. It manages $13.02 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Connecticut, Florida, and Texas.

Schonfeld Strategic Advisors provides portfolio management for pooled investment vehicles, selection of other advisers, and advisory services to affiliated family office clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Schonfeld Strategic Advisors: assets under management

The assets under management (AUM) of Schonfeld Strategic Advisors LLC is $13.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 224% since the beginning of its operation, and $32.16 million of the total AUM is attributable to clients outside of the United States.

The firm manages $13.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $651.14 million each.

Schonfeld Strategic Advisors has custody of $13.02 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schonfeld Strategic Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Mark Fishman serves?

The only and largest group of clients of Andrew Mark Fishman is pooled investment vehicles with 20 clients and $13.02 billion of assets under management. Among the 7 most similar advisory firms, Schonfeld Strategic Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $13.02 billion for 20 clients. 40% of the firm’s clients are foreign persons or businesses.

Schonfeld Strategic Advisors also advises several private funds. Namely, eighteen hedge funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $25,000,000.

Careers at Schonfeld Strategic Advisors LLC

The company employs 123 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Andrew Mark Fishman has been acting as President since 1 Sep 2015. Ryan Andrew Tolkin has served as the Chief Investment Officer since 1 Sep 2015. Steven Bart Schonfeld joined the executive team most recently as the Trustee.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Mark Fishman	President	1 Sep 2015	Other	2172475
Ryan Andrew Tolkin	Chief investment officer	1 Sep 2015	Other	4666094
Sth Capital Llc	Manager	1 Sep 2015	Other	47-2673312
Ryan Tolkin	Chief investment officer	1 Sep 2015	Other	4666094
Mark Peters	Chief operating officer	1 Sep 2015	Other	1016187
Schonfeld Group Holdings Llc	Member	1 Sep 2015	75% - 100%	11-3587791
Thomas Loor Wynn	Chief compliance officer	1 Nov 2015	Other	4208019
Mark Harry Peckman	General counsel	1 Nov 2015	Other	3264967
Maria Sakellis	Chief financial officer	1 Nov 2015	Other	4085929
Steven Bart Schonfeld	Non-executive chairman	1 Jan 2016	Other	1051868
The Steven B. Schonfeld 2011 Delaware Trust	Member	1 Mar 2016	25% - 50%	30-6306702
Trust U/A/D 12/12/06 F/B/O Sateen Rose Schonfeld	Member	1 Mar 2016	Other	20-7182516
Steven Bart Schonfeld	Member	1 Mar 2016	25% - 50%	1051868
Alan Greg Greenbaum	Deputy chief operating officer	1 Sep 2016	Other	6745295
Alan Greenbaum	Deputy chief operating officer	1 Sep 2016	Other	6745295
Adam Wayne Rockfeld	Chief financial officer	1 Feb 2017	Other	5831479
Adam Rockfeld	Chief financial officer	1 Feb 2017	Other	5831479
The Steven B. Schonfeld Revocable Trust	Member	1 Jul 2017	25% - 50%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Bart Schonfeld	Member	1 Mar 2004	25% - 50%	1051868
U.S. Trust Company Of Delaware	Trustee	1 Dec 2011	Other	51-0397509
The Steven B. Schonfeld 2011 Delaware Trust	Member	1 Apr 2012	50% - 75%	30-6306702
Schonfeld Group Holdings Llc	Manager, member	1 Nov 2014	75% - 100%	11-3587791
Brad Tolkin	Trustee	1 Mar 2016	Other	6629106
Steven Bart Schonfeld	Trustee	1 Jul 2017	Other	1051868

Based in New York

The principal office where Schonfeld Strategic Advisors LLC performs its advisory services is located at 460 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646 735 9630. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at schonfeld.com.