We have no control over the nature, content and availability of those sites. Apply to Office Assistant and more! Raffles Family Office, along with Campden Wealth, released a report in November that found that 38% of family offices in the Asia-Pacific region planned to increase their exposure to cryptocurrencies in 2022. Get a free, personalized salary estimate based on today's job market. LTD. Raffles Place. 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As a result, the magic number is to have a liquidity of US$100 million. LTD. Raffles Place. The Ultimate Job Interview Preparation Guide. Every effort is made to keep the website up and running smoothly. Having problems? This was notably higher than the global average of 28%, although the mood was one of caution. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. Verify your email to use filters. 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. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. 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. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. So then I decided to study a master's degree in science and operational research . #familyoffice We have no control over the nature, content and availability of those sites. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. See what employees say it's like to work at Raffles Family Office. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. The MFO has a global footprint . For those CIOs working at $1 billion-plus family offices pay packages were bigger . 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. Thank you, all, for your leadership, hard work and dedication. Job Type. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . It expanded to Singapore in 2018, and in May 2019 partnered data aggregator Canopy tooffer its relationship managers and clients automated account aggregation and analytics. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. Access to private information, wealth management, and advisory services is controlled and central. Post-IPO Funding Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. P-Serv is growing our family, and we are looking for talents to be a part of our team! As agreed, Huobi Tech will support operational . Primary Responsibilities . Whilst this ballpark figure sounds whole, some Single-Family Offices are established based on total net worth which may include value of illiquid assets such as real estate investments and operating businesses. With a family office, the same advisors can work to align the direction for all family members. 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. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Primary Responsibilities . 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 . Introducing Private Placement Life Insurance (PPLI). Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. 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. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. Upload your resume. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Time is often the most valuable asset and our firm can help to make the most of their time. There are no open jobs for this combination of filters, please try again. Will family offices pay huge fees to gain access to the best hedge fund strategies? Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. 43 Raffles Family Office jobs available in Raffles on Indeed.com. He joins the multi-family office from DBS, where he was a senior director at its private bank. 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! 1 Raffles Family Office reviews. 29 Raffles Family Office Pte. Find jobs. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. In future, we will have our own Finance department so we can even do financing in-house. Know Your Worth. 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 launched Revo Digital Family Office (Revo DFO), a new platform that allows ultra-high net worth (UHNW) families to invest in digital assets. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Connect with us for the latest news . The copying, saving or other reproduction, adaptation, modification, transfer, assignment, other utilisation or exploitation of the content or parts thereof without the prior written permission of the Raffles Assets Management (HK) Co. Ltd is strictly prohibited. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. There are no open jobs for this combination of filters, please try again. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. 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. Dismiss. Get a free, personalized salary estimate based on today's job market. Exclusive news, analysis and research on global family enterprise and private investment offices. 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. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. 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. 1. Incorporated and based in Hong Kong, Raffles Family Office charges an annual management fee for overseeing your familys assets with a minimum account size of 5 Million USD in investable assets. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. We never tire of celebrating the women in our business. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. 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. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. $6,000 - $13,000 per month. 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! Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Full-time (69) Permanent . 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. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. 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. We are purpose-driven. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. Our talented people play the most critical role in delivering emotional luxury to our guests. Raffles Family Office is a multi-family office and independent asset manager. Stay up to date with new jobs that match what you are looking for. Operating Status Active. Bonuses play a bigger part in the compensation of CIOs than for CEOs at family officers, or at least for those at the top level (top 10% earners) with total compensation at $4,015,000 for these CIOs, compared with their base salary of $1,160,000. Average total compensation, which includes bonuses, is double that at $1,130,500. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . 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! Salary guide. Register for free articles or subscribe for full access. The Raffles Family Office App enables creators and entrepreneurs to access our eco-system. The cost of operating a single-family office can easily add up to 1.5 million USD per year. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. Designed by Interconnect. 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! 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 . Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. RAFFLES FAMILY OFFICE PTE. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. 110 Raffles Family Office jobs available on Indeed.com. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment 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. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Private Equity The information contained in this website is for general information purposes only. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. Know Your Worth. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. The most comprehensive information service on the global family enterprise world, featuring exclusive news, analysis, research and data on global family enterprises, family offices, and private investment offices. What. Advertisement. 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. Introducing the new Limited Partnership Fund Ordinance which was launched on the 31st August 2020, 2021 at Raffles Family Office: A year of resilience and rewards, Raffles Family Office Singapore - Virtual Tour. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday.. Koh brings more than 10 years of experience in private banking and wealth management, serving clients from Singapore, Malaysia, Indonesia, Thailand, Hong . Employers / Post Job. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. Any reliance you place on such information is therefore strictly at your own risk. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. In his new role, Koh will use his deep knowledge and technical skills to serve the firm's growing ranks of ultra-high-net-worth clients and families in Singapore and Southeast Asia. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. 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). Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. 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. 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. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. 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. 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. Any reliance you place on such information is therefore strictly at your own risk. He joins the multi-family office from DBS, where he was a senior director at its private bank. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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 . Exclusive news, analysis and research on global family enterprise and private investment offices. Sign in. Rd., Sec. Choose a different language and keep reading other reviews. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . 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. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Raffles Family Office | 14,752 followers on LinkedIn. Raffles Family Office | 14,953 followers on LinkedIn. P-Serv is growing our family, and we are looking for talents to be a part of our team! Phone Number +852 3108 8700. . We couldn't find the job you were looking for. 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. 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. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Having problems. new. 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. Without a family office, individual family members may be moving in different directions. 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. +65 66796226. Menu. 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. 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. Verify your email to use filters. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Date Posted. 68 Zhongxiao E. 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. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Family Capital's weekly look at the goings-ons in the world of family capital, Family offices face constraints over how they borrow and invest due to regulatory action. There are currently no open jobs at Raffles Family Office listed on Glassdoor. 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. We understand our clients needs and develop tailored solutions for them. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This website and the information included herein is not intended for public use or distribution and is subject to updating, revising, completion, verification, amendment and deletion without any notice. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. by Michelle Ng 17 October 2022. Choose a different language and keep reading other reviews. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support.

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