SUSAN R. SCHOENFELD, JD, LL.M., CPA, MBA
CEO and Founder
Wealth Legacy Advisors LLC
Susan R. Schoenfeld is CEO and founder of Wealth Legacy Advisors LLC, which serves as thought partner to families of wealth through personal attention and human spirit. Services include Stewardship, Succession, Governance, Philanthropy, Next Generation Coaching and Education, and Managing Fiduciary Risk. She is an Attorney and CPA, with deep experience as an advisor to families and family offices on the human issues of wealth, including generational legacy and wealth transfer.
Previously, she was the Family Ambassador at a private Single Family Office, serving as the liaison between the family office and its multi-national family members, where she engaged and educated the next generation about their family wealth enterprise. Before that, she was Principal of Bessemer Trust for more than 14 years, where she developed and implemented generational wealth transfer planning strategies for high net worth individuals and families. She also created, developed and facilitated Bessemer’s Women and Wealth Workshops, designed to explore personal aspects of wealth, which in turn inspired a series of Next Generation of Wealth workshops. In addition, she ran Bessemer’s donor advised fund, and also headed Bessemer’s Northeast Region Trust Administration group.
Susan was awarded ‘Best Thought Leadership – Individual’ at the Family Wealth Report Awards 2018. She is a nationally recognized speaker on family office and fiduciary matters, including recent presentations for Opal Family Office Forum, AFHE (Attorneys for Family-Held Enterprises), Institute for Private Investors (IPI), Marcus Evans Private Wealth Management Summits, ivyFON, Financial Research Associates Family Office Conference and Women & Wealth Conference, and National Association of Estate Planners & Councils (NAEPC). She has chaired the Foundation for Accounting Education’s Family Office Conference, Estate Planning Conference, and Annual Tax Conference.
She wrote “Fiduciary responsibility: the trustee role and its risks”, a chapter in Trusts in Prime Jurisdictions, Fourth Edition published in June 2016 by Globe Law and Business Ltd. and STEP (The Society of Trust and Estate Practitioners). Recent articles include: Tips For Giving While Living, focusing on philanthropy as you approach retirement, Trusts & Estates online e-newsletter 10/3/2017; Succession Planning In and For the Family Office, The International Family Offices Journal, spring 2017; Family Office Succession Planning: Helping founders who are ready to retire, Trusts & Estates magazine High-Net-Worth Report 8/2016; Charity Should Begin at Home: Help clients develop a satisfying approach to philanthropy, Trusts & Estates magazine charitable giving issue 10/2015; Should You Be Trusted? What to consider before taking on the trustee role, Trusts & Estates magazine 6/2015; Defining Your Family Legacy, Family Office Review 2/2014; she was also featured in the February 2013 issue of Family Office Review.
Susan is a member of AFHE (Attorneys for Family-Held Enterprises), Family Firm Institute (FFI), NYC Family Enterprise Center’s Professional Advisory Board, American Bar Association, New York State Bar Association, New York City Bar Association, and is a former Board Member of the New York Philanthropic Advisors Network (NYPAN). She is Past Chair of the Family Office Committee, the Estate Planning Committee and the Tax Division Oversight Committee of the NYS Society of CPAs, and previously served as the Society’s Vice-President and on its Strategic Planning Task Force, Industry Division Oversight Committee, and Committee on Committee Operations. Susan chaired the Estate Planning Committee of the Society’s Westchester Chapter, served as Officer and Executive Board member, and is past-President of that Chapter. She was awarded the Chapter President’s Award, and has four times received the Chapter Appreciation Award.
In addition to her CPA, Susan was awarded an LL.M. (in Taxation) from NYU School of Law, a J.D. from Pace University School of Law, and BBA (summa cum laude) and MBA (with distinction) degrees in Accounting from Pace University.
Susan is volunteer Treasurer for the Broadway Training Center of Westchester, a not-for-profit performing arts school located in Hastings-on-Hudson, NY.