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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 team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. 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. Designed by Interconnect. contact. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Post-IPO Funding Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Search job openings at Raffles Family Office. Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. Prev The Change that is Family Office. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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! Use the CB Insights Platform to explore Raffles Family Office's full profile. The Ultimate Job Interview Preparation Guide. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 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. 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. Salary guide. Skip to main content. 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. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. To connect with Raffles Family Office employee register on SignalHire. Posted 7:18:56 PM. Every effort is made to keep the website up and running smoothly. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! A free inside look at company reviews and salaries posted anonymously by employees. Job Type. 43 Raffles Family Office jobs available in Raffles on Indeed.com. 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. Stay up to date with new jobs that match what you are looking for. For those CIOs working at $1 billion-plus family offices pay packages were bigger . Tags: Asian Private Banker , Read More October . 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 . Will family offices pay huge fees to gain access to the best hedge fund strategies? 9 October 2018 . Choose a different language and keep reading other reviews. Invus and Boxer Capital have invested in Abivax, a biotech group. Full-time (69) Permanent . The information contained in this website is for general information purposes only. This was notably higher than the global average of 28%, although the mood was one of caution. Filter your search results by job function, title, or location. We specialise in asset management and legacy planning. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. Our talented people play the most critical role in delivering emotional luxury to our guests. KEY NOT FOUND: ei.filter.lock-cta.message. Ltd. jobs available on Indeed.com. Primary Responsibilities . Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. With a family office, the same advisors can work to align the direction for all family members. 68 Zhongxiao E. RAFFLES FAMILY OFFICE PTE. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. The Ultimate Job Interview Preparation Guide. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. 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! Dismiss. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. We have no control over the nature, content and availability of those sites. 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. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 9 February 2022. Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . Thank you, all, for your leadership, hard work and dedication. UK family office goes big in construction investment, Partner Content Event : Single Family Office Gathering, Family offices are the most active buyers of commercial real estate report, Family businesses, generative AI, Ludditesand a $1.8 trillion lawsuit, The war for talent will benefit family businesses, Despite a concerted effort, Hong Kong will struggle to develop a vibrant family office sector. The top 10% of earners in the job category can earn more than $1 million annually. 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 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 3. Date Posted. Each family member may have an independent advisor and working towards conflicting goals. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. We are an independent organisation, acting in the best interests of our valued clients. 1 Raffles Family Office reviews. 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. 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. Investor Type Family Investment Office. 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. All Rights Reserved. Access to private information, wealth management, and advisory services is controlled and central. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. 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. 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. Know Your Worth. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. 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. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Decarbonisation efforts can often be expensive and involve long-term commitment. In future, we will have our own Finance department so we can even do financing in-house. 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. KEY NOT FOUND: ei.filter.lock-cta.message. A dedicated Family Office increases security and privacy. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. 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. 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 . new. 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. Apply for Raffles Family Office jobs today. 1 Raffles Family Office reviews. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. He joins the multi-family office from DBS, where he was a senior director at its private bank. Raffles Family Office appoints industry veteran as deputy CEO. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. RAFFLES FAMILY OFFICE PTE. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Having problems. 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. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. 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Working in partnership with our dedicated client advisors, the companys Independent Asset Management arm provides world-class advisory and discretionary management services pertaining to listed equities and fixed-income assets across global markets. Know Your Worth. Start of main content. 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 is a multi-family office and independent asset manager. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . P-Serv is growing our family, and we are looking for talents to be a part of our team! Posted 15 days ago. Every effort is made to keep the website up and running smoothly. Stay up to date with new jobs that match what you are looking for. 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. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. What. 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 . 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. 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. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Filter your search results by job function, title, or location. Without a family office, individual family members may be moving in different directions. 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. We understand our clients needs and develop tailored solutions for them. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. 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). 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. 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. Introducing Private Placement Life Insurance (PPLI). Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . 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. 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). 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). The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) LTD. Raffles Place. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. See what employees say it's like to work at Raffles Family Office. Register for free articles or subscribe for full access. Bachelor's Degree (19) Dismiss. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. Average total compensation, which includes bonuses, is double that at $1,130,500. Any reliance you place on such information is therefore strictly at your own risk. 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. 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. Senior Relationship Manager. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. We couldn't find the job you were looking for. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . You will need a Premium Plus Subscription to access this database. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . Member Functions. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. 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. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. 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. 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. A free inside look at company reviews and salaries posted anonymously by employees. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. So then I decided to study a master's degree in science and operational research . Minister Tharman said in an article on The Straits Times on 6 October that there are 200 SFOs in Singapore managing about S$27 billion of AUM. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. There are no open jobs for this combination of filters, please try again. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. Advertisement. Salary Estimate. . Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. 29 Raffles Family Office Pte. 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. 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. Apply to Office Assistant and more! P-Serv is growing our family, and we are looking for talents to be a part of our team! We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Professional service fees accounting, tax & legal, advisors, insurance, and security. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. 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. Let us dive into that here. Verify your email to use filters. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. There are currently no open jobs at Raffles Family Office listed on Glassdoor. This field is for validation purposes and should be left unchanged. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. 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 With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . 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 collaboration with the worlds leading financial institutions, RFO is uniquely placed to offer comprehensive, lasting and highly bespoke wealth growth and preservation solutions. 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