For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. 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. Sign in. Thank you, all, for your leadership, hard work and dedication. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. We have no control over the nature, content and availability of those sites. 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 needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Start of main content. See what employees say it's like to work at Raffles Family Office. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Choose a different language and keep reading other reviews. +65 66796226. 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. 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. Sign in. A free inside look at company reviews and salaries posted anonymously by employees. 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. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. The information contained in this website is for general information purposes only. The Relevance of Family Office - rafflesgroup.co RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. 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. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Find jobs. All Rights Reserved. Multi Family Office | Independent Asset Management Meet & Greet - Connect with like-minded individuals and companies within the Community. 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. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . by Michelle Ng 17 October 2022. Raffles Family Office Archives - Asian Private Banker 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Know Your Worth. You will need a Premium Plus Subscription to access this database. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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. RAFFLES FAMILY OFFICE PTE. A Family Office will achieve better returns on investments due to reduced investing costs. 60 seconds with Raffles Family Office's William Chow Raffles Family Office: Thriving and Expanding Rapidly in Asia and 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. This field is for validation purposes and should be left unchanged. Our talented people play the most critical role in delivering emotional luxury to our guests. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Introducing Private Placement Life Insurance (PPLI). Powered by Standfirst. 9 February 2022. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. 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. What. This was notably higher than the global average of 28%, although the mood was one of caution. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Find jobs. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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. 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. 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. Phone Number +852 3108 8700. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. 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 . Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. Raffles Family Office on LinkedIn: #love #love #valentinesday # 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. #familyoffice 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. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . Operating Status Active. 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. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . 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. Stay up to date with new jobs that match what you are looking for. Raffles Family Office Pte. Ltd. jobs - sg.indeed.com It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 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! Bachelor's Degree (19) Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. Access to private information, wealth management, and advisory services is controlled and central. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Posted 7:18:56 PM. 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. Sign up to get notified as soon as new Raffles Family Office jobs are posted. . But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. Job Type. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. Advertisement. 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. Raffles Family Office | LinkedIn Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. You can trust that your wealth is managed by our experts internally. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Working at Raffles Family Office | Glassdoor Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. Register for free articles or subscribe for full access. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Full-time (69) Permanent . The top 10% of earners in the job category can earn more than $1 million annually. 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! 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 . 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. Any reliance you place on such information is therefore strictly at your own risk. 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. new. 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. 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. . Filter your search results by job function, title, or location. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. We specialise in asset management and legacy planning. Stay up to date with new jobs that match what you are looking for. Where. We are an independent organisation, acting in the best interests of our valued clients. Use the CB Insights Platform to explore Raffles Family Office's full profile. KEY NOT FOUND: ei.filter.lock-cta.message. Our Hotels . For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. We understand every clients need is unique, therefore our solutions are all tailor-made. 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). Raffles Family Office Overview | SignalHire Company Profile Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. In future, we will have our own Finance department so we can even do financing in-house. Assistant Relationship Manager job at RAFFLES FAMILY OFFICE PTE. LTD 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. Having problems. 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 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 Citi Appoints APAC Head of New Banking Unit, Indosuez Loses Senior Banker in Singapore, US Law Firms Pounce on Lehmann's Outflow Comments, Julius Baer Names Greater China Group Head, Binance Custody Unit Seeks Singapore Crypto License, Whatsapp Hunters Seeking New Financial Sector Game, North Asia Vet Join Digital Asset Platform Metacomp, OCBC: Wealth Inflows Offset Market Downturn, Hong Kong to Allow Retail Access to Major Tokens, Crypto Fugitive Withdraws Millions From Swiss Bank, Whampoa Digital: Web3 Only Seeing Tip of Iceberg, Raffles Family Office Adds Crypto, PE Experts, Raffles Names Managing Partner for New Real Estate Team, Nearly All APAC Family Offices Name Inflation as Top Concern, Raffles Family Office Completes Strategic Investment, Raffles Family Office Launches Digital Asset Platform, Credit Suisse's Quick Fixes Won't Do the Job, Singapore Raises Threshold for Investor Program, Fidelity Launches First Retail Fund in Mainland China, Julius Baer: Full Hiring Pipeline in Asia, China joint venture withwealth management fintech platform iFast, Sothebys Grabs Retail Space for New Hong Kong Auction House. He joins the multi-family office from DBS, where he was a senior director at its private bank. MyCareersFuture Singapore Senior Relationship Manager - RAFFLES FAMILY OFFICE PTE. LTD. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. We never tire of celebrating the women in our business. Raffles Family Office on LinkedIn: #familyoffice #rafflesfamilyoffice # Raffles Family Office Portfolio Investments, Raffles Family Office Raffles Family Office Reviews | Glassdoor To connect with Raffles Family Office employee register on SignalHire. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. Can Credit Suisse Really Put its House in Order? Search job openings at Raffles Family Office. The information contained in this website is for general information purposes only. 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. Exclusive news, analysis and research on global family enterprise and private investment offices. Raffles Family Office is a multi-family office and independent asset manager. Any reliance you place on such information is therefore strictly at your own risk. 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. LTD. Raffles Place. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Raffles Family Office expands into digital assets Raffles Family Office concludes strategic investment in Lightnet Group Upload your resume. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. 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. 110 Raffles Family Office jobs available on Indeed.com. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Raffles Family Office (RFO), a pan-Asian multi-family office, has relocated its headquarters to larger premises in Central today (5 August 2021) to support its business growth and the rollout of its Raffles Ecosystem incubator for single-family offices (SFOs). 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 . Member Functions. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. 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 . Invus and Boxer Capital have invested in Abivax, a biotech group. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. 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. 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. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . LTD. Raffles Place. . Job Type. Post-IPO Funding We couldn't find the job you were looking for. Hong Kong's Raffles Family Office launches Asia's first multi-family But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. As a result, the magic number is to have a liquidity of US$100 million. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. 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.
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