Independent firm profile

Schonfeld Strategic Advisors

Multi-strategy hedge fund and proprietary trading platform with global pods.

Headquarters
New York, USA
Founded
1988
Funding model
Bank / Institutional
Region served
North America

Community rating

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Overview

What this firm is and who it serves

Schonfeld is a New York-based multi-manager investment platform managing tens of billions across quantitative, fundamental equity, tactical trading, and discretionary macro pods. Originally a family office for founder Steven Schonfeld, it now operates as one of the largest multi-strategy firms globally.

"Deliver world-class risk-adjusted returns through a multi-strategy platform."

At a glance

Structured facts about this firm

Firm Type
Bank / Institutional prop firm
Market Focus
Futures, Stocks, Options, Forex
Trading Style
Bank or Institutional Prop Desk
Institutional Level
Retail-accessible proprietary firm
Retail Accessibility
Open to retail traders
Geography
New York, USA · North America
Known For
Multi-strategy multi-manager
CEO
Ryan Tolkin
Team size
1,000+

Funding programs

Account types and the path to capital

Evaluation

Not required by this firm.

Instant funding

Not offered by this firm.

Scaling plan

No formal scaling plan documented.

Account sizes offeredPod allocations from $50M–$1B+
Max allocation
Evaluation fee
Monthly subscription

Not applicable.

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto
News trading allowedYes
Overnight holding allowedYes
Weekend holding allowedYes
Copy trading allowedNo

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider
InstrumentsGlobal equities, futures, options, FX, commodities

Supported platforms

InternalCustom

Payout structure

How and when you get paid

Profit splitPod-level P&L sharing + base
Payout frequencyQuarterly/annual
First payout eligibility

Pros & cons

A balanced view based on documented terms

Strengths

  • +Top-tier compensation
  • +Global scale
  • +Long pedigree

Trade-offs

  • Highly selective hiring

Frequently asked questions

Common questions about Schonfeld Strategic Advisors

Is Schonfeld Strategic Advisors a legitimate prop firm?+

Schonfeld Strategic Advisors was founded in 1988 and is headquartered in New York, USA. Multi-strategy hedge fund and proprietary trading platform with global pods.

Does Schonfeld Strategic Advisors require an evaluation?+

No. Schonfeld Strategic Advisors offers funded accounts without a traditional evaluation phase.

What is the profit split at Schonfeld Strategic Advisors?+

Schonfeld Strategic Advisors's published profit split is: Pod-level P&L sharing + base.

How often does Schonfeld Strategic Advisors pay out?+

Schonfeld Strategic Advisors processes payouts on a quarterly/annual basis.

What platforms does Schonfeld Strategic Advisors support?+

Schonfeld Strategic Advisors supports the following trading platforms: Internal, Custom.

What trading restrictions does Schonfeld Strategic Advisors enforce?+

At Schonfeld Strategic Advisors, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.