In future, we will have our own Finance department so we can even do financing in-house. contact. 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. 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. 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Exclusive news, analysis and research on global family enterprise and private investment offices. Any reliance you place on such information is therefore strictly at your own risk. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Verify your email to use filters. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Meet & Greet - Connect with like-minded individuals and companies within the Community. Sign up to get notified as soon as new Raffles Family Office jobs are posted. 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. 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. 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 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. We never tire of celebrating the women in our business. 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. Raffles Family Office appoints industry veteran as deputy CEO. Shamrock Capital Advisors has invested in Boardwalk Pictures, a media and entertainment group, Scottish family office Souter Investments has invested in Amey, one of the best-known brands in the UK construction sector, as part of a syndicate that bought the business from family business Ferrovial, SFO Alliance is hosting their second annual global Members Meeting for Single Family Office investment e, Private capital, led by family offices, broke new ground in 2022 by becoming the most active buyer of, The Getty family-owned Getty Images is taking legal action against AI providers, saying they have undermined , After years of frustration, US family businesses have a golden opportunity to recruit talent, previously, Decarbonisation efforts can often be expensive and involve long-term commitment. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. Designed by Interconnect. Bachelor's Degree (19) Date Posted. 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. 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! A free inside look at company reviews and salaries posted anonymously by employees. 68 Zhongxiao E. You need at least a Premium Subscription to read this article. He joins the multi-family office from DBS, where he was a senior director at its private bank. 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. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. Choose a different language and keep reading other reviews. 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. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Job Type. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. 2. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. 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. He then moved to Singapore to open the office there in October 2018, since . He joins the multi-family office from DBS, where he was a senior director at its private bank. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Search job openings at Raffles Family Office. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 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. 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. Get a free, personalized salary estimate based on today's job market. 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. There are currently no open jobs at Raffles Family Office listed on Glassdoor. Apply to Office Assistant and more! 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. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Raffles Family Office is a multi-family office and independent asset manager. 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. Any reliance you place on such information is therefore strictly at your own risk. Private Equity 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. That will attract more talent. Senior Relationship Manager. 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. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Every effort is made to keep the website up and running smoothly. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment The cost of operating a single-family office can easily add up to 1.5 million USD per year. $6,000 - $13,000 per month. We understand our clients needs and develop tailored solutions for them. 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. Full-time (69) Permanent . Primary Responsibilities . Investment Outlook 2023: Navigating Uncertainty: Defense with Diversification, The Global Family Office Report Series: Asia-Pacific 2022, The Global Family Office Report Series: Asia-Pacific 2021, Incoming economic data points to further hawkish implications, increasing risks that the Fed will need to tighten for longer, US economic soft-landing is achievable but Feds job is not yet done, Headline US inflation is slowing down; we remain cautious of core sticky inflation. Having problems? Sign in. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Every effort is made to keep the website up and running smoothly. 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. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. Without a family office, individual family members may be moving in different directions. Professional service fees accounting, tax & legal, advisors, insurance, and security. 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. 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. Posted 7:18:56 PM. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Tags: Asian Private Banker , Read More October . 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. 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 . Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) Filter your search results by job function, title, or location. To connect with Raffles Family Office employee register on SignalHire. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Find jobs. 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. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. 4. 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. Raffles Family Office is a private company. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. See what employees say it's like to work at Raffles Family Office. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. Phone Number +852 3108 8700. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Raffles Family Office is the holding company of Raffles Assets Management (HK) Co. Limited, therefore we are Accredited Investors (AI) licenced by Securities and Futures Commission of Hong Kong (SFCHK). Exclusive news, analysis and research on global family enterprise and private investment offices. 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. Invus and Boxer Capital have invested in Abivax, a biotech group. Register for free articles or subscribe for full access. The Raffles Family Office annual revenue is estimated at < 1M. 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. Introducing Private Placement Life Insurance (PPLI). What. A Family Office will achieve better returns on investments due to reduced investing costs. Post-IPO Funding Can Credit Suisse Really Put its House in Order? 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. 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. 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. 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. 2. An integrated platform that combines independence with advisory expertise across a broad range of asset classes, and an expansive global partnership network built for seamless . You can trust that your wealth is managed by our experts internally. . Thank you, all, for your leadership, hard work and dedication. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . We couldn't find the job you were looking for. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. LTD. Raffles Place. Prev The Change that is Family Office. P-Serv is growing our family, and we are looking for talents to be a part of our team! 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. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. 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. Access to private information, wealth management, and advisory services is controlled and central. Try to be as specific as you can with the location, 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, VP, Regional Fixed Income & Securities Solutions, Group Global Markets, Senior VP / First VP, Functional Business Analyst (Blockchain). But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. Our Hotels . This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. 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. Upload your resume. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Salary Estimate. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. 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 information contained in this website is for general information purposes only. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Let us dive into that here. 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. Investor Type Family Investment Office. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. 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). Senior Relationship Manager. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. 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. 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. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. You will need a Premium Plus Subscription to access this database. A dedicated Family Office increases security and privacy. 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 . Raffles Family Office | 14,643 followers on LinkedIn. 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. Know Your Worth. 9 February 2022. 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 . "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Apply for Raffles Family Office jobs today. Get a free, personalized salary estimate based on today's job market. 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! Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. Very often, the liquid assets can be well below the supposed US$100 million mark. Company reviews. We have all the necessary resources required to setup and running a family office smoothly. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. 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. The Raffles Family Office App enables creators and entrepreneurs to access our eco-system. Time is often the most valuable asset and our firm can help to make the most of their time. Average total compensation of the top 10% earners in the survey is $1,520,000. $6,000 - $13,000 per month. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . 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.