The phenomenal growth of the private markets in the last 10 years has given rise to a new type of investment group - the family-backed/entrepreneur-backed investment fund. What. This field is for validation purposes and should be left unchanged. The information is provided by Raffles Family Office Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied . You need at least a Premium Subscription to read this article. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Without a family office, individual family members may be moving in different directions. Raffles Family Office (RFO) is an award-winning commercial multi-family office with a full suite of investment management services for ultra-high net worth individuals. The MFO has a global footprint . For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. P-Serv is growing our family, and we are looking for talents to be a part of our team! A common question is, What is the difference between an Independent Financial Advisory (IFA) firm and a Family Office (FO)? Typically, an IFA firm may offer financial planning, asset management and investment strategies with the goal of helping clients pursue their financial goals. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Multi-family offices provide the same bespoke tailor-made services to a distinguished group of wealthy families, offering the benefits of a single-family office at a more accessible cost. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Introducing Private Placement Life Insurance (PPLI). Professional service fees accounting, tax & legal, advisors, insurance, and security. P-Serv is growing our family, and we are looking for talents to be a part of our team! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Senior Relationship Manager. The Worlds Top 750 Family Businesses Ranking, Notable & Quotable: Family offices and cannabis; Germany family business wins top award, A top regulators blog places the spotlight on family offices and their borrowing, N&Q: Compensation at family offices; prominent family back PE group; appointments, The new multi-family office the family-backed investment fund, Entrepreneurs and family offices pile into a transformative AI platform, The latest family/private investment office deals, Family office backs private debt group in decarbonisation efforts. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. new. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? A Family Office will achieve better returns on investments due to reduced investing costs. Primary Responsibilities . Hong Kong-based Raffles Family Office (Raffles FO) announced Thursday the launch of Revo Digital Family Office (Revo DFO), the first-of-its-kind in Asia that enables ultra-high net worth (UHNW) families to access and invest in digital assets from a consolidated wealth management platform.. Posted 14 days ago. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. Koh brings more than 10 years of experience in private banking and wealth management, serving clients fromSingapore, Malaysia, Indonesia, Thailand, Hong Kong, Taiwan and China in his time at DBS,CIC Banque Prive and ABN Amro Private Banking. Dismiss. This was notably higher than the global average of 28%, although the mood was one of caution. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. #familyoffice Phone Number +852 3108 8700. 2. Our talented people play the most critical role in delivering emotional luxury to our guests. Therefore, in order to minimise costs (as well as to fully utilise the expertise of a Family Office), most wealthy families nowadays work with a Multi-Family Office (MFO). Centralisation of processes for tax, communications, education, professional services and philanthropy can help to ensure tasks are aligned with family goals to produce targeted results. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Senior portfolio managers have an average base salary of $281,900, but can earn much more through bonuses, with the average total compensation pay at $651,400. Operating Status Active. $6,000 - $13,000 per month. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. The Ultimate Job Interview Preparation Guide. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Unit 2306-2313, 23/F, The Center, 99 Queen's Road Central, Hong Kong, 1 Raffles Place Level 29, One Raffles Place Tower 1, Singapore 048616, 29/F, No. Raffles Family Office Limited observes the provisions of the Hong Kong Personal Data (Privacy) Ordinance, Laws of Hong Kong (Cap 486) and the Singapore Personal Data Protection Act 2012 when processing any personal data. There are currently no open jobs at Raffles Family Office listed on Glassdoor. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. Any research or analysis used to derive, or in relation to the information has been procured from sources deemed reliable by Raffles Family Office Limited for its own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. At many conferences and summits for wealthy families that we have attended, when the topic of how much money it takes to have a single-family office comes up, the most often quoted magic figure is 100 million USD liquid. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. However, Raffles Family Office Limited takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control. Connect with us for the latest news . Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. new. Full-time (69) Permanent . contact. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. For those CIOs working at $1 billion-plus family offices pay packages were bigger, with the average base salary coming in at $606,1000 and average total compensation at $1,499,600. Primary Responsibilities . While every family office is unique, many FOs offer comprehensive wealth management, as well as the various other needs of a family, such as utilities bill payment, travel arrangements, rental properties management and more. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. Menu. Investor Type Family Investment Office. See what employees say it's like to work at Raffles Family Office. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. When you compare the 1-2% in fees you are paying your brokerage firm to receive a small fraction of these services from an advisor who is not a professional investor, we believe the case for using a Family Office becomes crystal clear. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . by Michelle Ng 17 October 2022. All personal information provided via this website will be considered as confidential, and we shall only use this information for internal purposes to ensure compliance with our regulatory obligations. By logging into your account, you agree to jobsDB's, By creating an email alert, you agree to jobsDB's, Talent Acquisition Executive (Internal Recruitment / Raffles Place), Talent Acquisition Exec (Raffles Place / Internal), Associate, Product Manager, Digital Assets, Senior Relationship Manager (SEA Markets), Investment Analyst (Fund Management / Family Office) 1008, VP, Data Scientist, Data Management Office, VP, Senior Client Advisor, Privilege Reserve, FVP, Enterprise Data Governance and Quality, Data Management Office, Clinic Assistant (up $2500 / Central / 5.5 Days), Vice President, Workplace Solutions & Design Lead, Corporate Real Estate Services, VP/AVP, Front Office Technology Developer, Group Trading, Global Markets, First VP, Senior Relationship Manager, Group Corporate Banking, Group Wholesale Banking, VP, People Experience, Workplace and Change Management, Corporate Real Estate Services, Senior VP / First VP, Functional Business Analyst (Blockchain), VP, Business Unit Specialist (Single Customer View), Group Retail, VP, Regional Fixed Income & Securities Solutions, Group Global Markets. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment Advertisement. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. Users of this website expressly agree that, notwithstanding all precautions in place, the internet network does not constitute a fully secure means of communication of information and that you use the Internet at your sole discretion and own risk to the exclusion of any liability to us, inter alia in case of interception by third parties of any of the information you provided on this website. Family Office jobs in Hong Kong All New Filter 1,030 jobs Create alert All New Corporate Finance and Planning Manager/ Director (FP&A) | Family Office/ Private Equity . Founder Chi Man Kwan said in an interview withfinews.asiathat it plans to grow its$2 billion in assets under management to $10 billion through the acquisition of smaller asset managers with $50 million to $200 million in Hong Kong and Singapore. Thank you, all, for your leadership, hard work and dedication. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Very often, the liquid assets can be well below the supposed US$100 million mark. Users of this website expressly agree that, notwithstanding all precautions in place, the internet network does not constitute a fully secure means of communication of information and that you use the Internet at your sole discretion and own risk to the exclusion of any liability to us, inter alia in case of interception by third parties of any of the information you provided on this website. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. We couldn't find the job you were looking for. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. Verify your email to use filters. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. As a Talent Acquisition Executive, you will be P-Serv is growing our family, and we are looking for talents to be a part of our team! KEY NOT FOUND: ei.filter.lock-cta.message. $6,000 - $13,000 per month. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 1 Raffles Family Office reviews. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. Find jobs. The management of complex issues with wealth can be handled in a way that is appropriate to the family and provides better access to the information for all family members. IT IS UNDERSTOOD THAT BY CLICKING ON ACCEPT, YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT YOU HAVE FULLY READ, UNDERSTOOD AND ACCEPT ALL APPLICABLE TERMS AND CONDITIONS OF USE AND ALL LEGAL AND REGULATORY RESTRICTIONS THAT MAY AFFECT YOUR ELIGIBILITY TO ACCESS THIS SITE. Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. A free inside look at company reviews and salaries posted anonymously by employees. 'Given the volatility of the asset class . Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. . 110 Raffles Family Office jobs available on Indeed.com. For families pursuing loftier investment goals, our Advanced Wealth Solutions division offers access to private equity deals, structured products, alternatives, private label fund vehicles such as the VCC in Singapore and SPC in Cayman, and digital and emerging assets. If you look at the standard operating cost of 1.5 million USD, that is a hefty 1.5% per annum based on 100 million liquid USD recommendation. Time is often the most valuable asset and our firm can help to make the most of their time. Compensation levels tended to go down the smaller the family office in terms of assets under management, and the survey looked at the average compensation levels at family offices with less than $100 million of assets. +65 66796226. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Get a free, personalized salary estimate based on today's job market. We have the experience and know-how, we have been setting up family offices and funds over and over again, you can place your trust in us. Senior Relationship Manager. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We understand our clients needs and develop tailored solutions for them. Sign in. Raffles Family Office | 14,643 followers on LinkedIn. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. At Raffles Hotels & Resorts our guests are cared for in such a way that they wish to return again and again and our valued colleagues know that what they do matters. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website. Salary guide. Get a free, personalized salary estimate based on today's job market. Verify your email to use filters. Any reliance you place on such information is therefore strictly at your own risk. IT IS UNDERSTOOD THAT BY CLICKING ON ACCEPT, YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT YOU HAVE FULLY READ, UNDERSTOOD AND ACCEPT ALL APPLICABLE TERMS AND CONDITIONS OF USE AND ALL LEGAL AND REGULATORY RESTRICTIONS THAT MAY AFFECT YOUR ELIGIBILITY TO ACCESS THIS SITE. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. RFO partners with more than 20 best-of-breed private banks in five jurisdictions (Hong Kong, Singapore, Taiwan, Zurich and Liechtenstein), as well as insurance . He then moved to Singapore to open the office there in October 2018, since . Bachelor's Degree (19) A private debt group thinks it has some solutions and just received further backing from an impact-led family office, Family offices would be forgiven for getting irked by newly-published analysis, which reveals the average base cost of investing in a multi-strategy fund is a hefty 7%, plus performance fees of 20%, Please refer back with further deals and all links for new investment groups with 24 hours Raffles Family Office appoints industry veteran as deputy CEO. Dismiss. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Raffles offers well-being spa, family or business stays through its meeting rooms. Raffles Family Office | 14,752 followers on LinkedIn. The annual average base salary of a chief executive of a single-family office in the US is $556,100, according to a compensation survey by McNally Capital, Botoff Consulting, and Mack International. The company currently specializes in the Financial Services area. Location: Raffles Place, Singapore, Singapore Company: 3677 About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a 3 million job seekers receive fresh jobs from jobsDB daily! Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. Search job openings at Raffles Family Office. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Prev The Change that is Family Office. As agreed, Huobi Tech will support operational . The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. Raffles Family Office | 14,953 followers on LinkedIn. Every effort is made to keep the website up and running smoothly. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. The information is provided by Raffles Family Office Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. 5, Xinyi District, Taipei City, 2901-02, 29/F, Jinmao Tower, 88 Century Avenue, Pudong New District, Shanghai, 2nd Floor, World Financial Centre West Tower, No. By using this website, you agree not to copy, duplicate, store, reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the contents of the website, directly or indirectly, to anyone for any purpose without our express prior written consent. Choose a different language and keep reading other reviews. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) KEY NOT FOUND: ei.filter.lock-cta.message. Raffles Family Office Limited observes the provisions of the Hong Kong Personal Data (Privacy) Ordinance, Laws of Hong Kong (Cap 486) and the Singapore Personal Data Protection Act 2012 when processing any personal data. As a Recruiter, you will be working hand-in-hand Revo is Asias first digital-assets-focused multi-family office and the platform of choice for ultra-high net worth individuals looking We currently have multiple headcounts for Assistant Relationship Managers, responsible for supporting SEA markets. 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We specialise in asset management and legacy planning. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management services for ultra-high net worth individuals. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. Apply to Office Assistant and more! Average total compensation of the top 10% earners in the survey is $1,520,000. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Rd., Sec. Raffles Family Office has launched Revo Digital Family Office (Revo DFO), a new platform that allows ultra-high net worth (UHNW) families to invest in digital assets. We have no control over the nature, content and availability of those sites. Upload your resume. Tome is set to become one of the worlds more eye-catching AI ventures, if only to judge by the remarkable calibre of entrepreneurs, and family offices, who have agreed to back it. Having problems? Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. Where. Any reliance you place on such information is therefore strictly at your own risk. You will need a Premium Plus Subscription to access this database. Stay up to date with new jobs that match what you are looking for. Apply for Raffles Family Office jobs today. RAFFLES FAMILY OFFICE PTE. Sign in. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. The Ultimate Job Interview Preparation Guide. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Register for free articles or subscribe for full access. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. The two were among 10 investors committing 130 million to the Paris-based group. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Raffles Family Office (RFO) is a multi-family office providing bespoke asset protection and wealth management solutions to High Net Worth Individuals and families across generations. For the top executives at family offices, these numbers are in line with a survey done last year by Institutional Investor on family office compensation levels that found the annual average total compensation of 187 senior executives at single-family offices was just over $2 million. With a family office, the same advisors can work to align the direction for all family members. Please note that use of the www.rafflesgroup.co website (website) requires full acceptance without reservation on your part of the terms & conditions outlined below. A family office, on the other hand, exclusively works with affluent families, serving both their financial and non-financial needs to ensure their nest eggs grow and are protected. Please note that use of the www.rafflesgroup.co website (website) requires full acceptance without reservation on your part of the terms & conditions outlined below. The Raffles Family Office App enables creators and entrepreneurs to access our eco-system. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Additionally, Raffles Family Office is the holding company of Raffles Capital Holdings Limited which is our insurance brokerage arm; Raffles Properties Limited; as well as Raffles Corporate Services (HK) Limited. Member Functions. Skip to main content. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. The Raffles Family Office annual revenue is estimated at < 1M. Raffles Family Office (RFO) is an award-winning commercial multi-family office with a full suite of investment management services for ultra-high net worth individuals. RAFFLES FAMILY OFFICE PTE. There are no open jobs for this combination of filters, please try again. All Rights Reserved. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. Raffles Family Office is a multi-family office and independent asset manager. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. Ltd. jobs available on Indeed.com. When we first met up with Singaporean Lin in early 2018, he was Head of the RFO corporate development effort and then based in Hong Kong. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. In future, we will have our own Finance department so we can even do financing in-house. Let us dive into that here. Posted 15 days ago. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Filter your search results by job function, title, or location. We additionally provide a host of supporting offerings under its Risk and Resilience Services unit to ensure continuity and succession in line with the intent of family principals, but also shifting economic conditions and societal norms. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. Meet & Greet - Connect with like-minded individuals and companies within the Community. 1 Raffles Family Office reviews. . "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . By using this website, you agree not to copy, duplicate, store, reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the contents of the website, directly or indirectly, to anyone for any purpose without our express prior written consent. We have all the necessary resources required to setup and running a family office smoothly. Our Hotels . Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! 68 Zhongxiao E. Decarbonisation efforts can often be expensive and involve long-term commitment.