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Schonfeld Strategic Advisors LLC (Schonfeld) recently announced the expansion of its geographic footprint, headlined by the opening of a new Miami office, which will serve as the firm’s official second headquarters.
The firm has chosen to establish an HQ2 in the city of Miami within the Wynwood neighborhood. The firm also announced the adoption of a dynamic workforce approach, providing added flexibility to Schonfeld’s employees as to where they work throughout the year.
“Schonfeld reiterated throughout the selection process that acquiring and retaining talent was the keystone to their growth strategy,” said Miami Mayor Francis Suarez. “In a world awash with capital, and where talent is scarce, the winners will be organizations who invest in their people.
“The placement of their HQ2 in Miami further validates the recruitment and educational efforts of our Venture Miami team, the City of Miami, our educational ecosystem, and our community at large,” the mayor added.
“Miami-Dade County is proud to be home to the second HQ of the widely renowned global investment firm Schonfeld,” said Miami-Dade County Mayor Daniella Levine Cava. “Our ability to continue attracting world-class businesses speaks to the welcoming, thriving business climate in our community, and the ongoing efforts of The Beacon Council. We are thrilled to count on Schonfeld as partners in our ongoing effort to make Miami-Dade County a global hub for finance, technology, and innovation with opportunities for all our residents.”
Ryan Tolkin, CEO and CIO of Schonfeld, said, “We believe there is a real opportunity to increase the firm’s productivity and work life balance by shifting the way we view in-office and remote work. Our culture and our people are truly the heart of our organization, and the combination of these new offices and a dynamic approach to the workforce will provide benefits that additional time and flexibility create on a personal level. At the same time, collaboration remains a cornerstone of the firm’s success, and being physically connected in the office is critical to that collaboration. With more locations and added flexibility, we can broaden connectivity between teams and provide our employees a wider range of insights, perspectives and experience, which benefits each of them individually as well as the firm as a whole.”
