Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. 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. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. Posted 14 days ago. Will family offices pay huge fees to gain access to the best hedge fund strategies? Job Type. LTD. Raffles Place. Rd., Sec. The fee may vary according to the amount of assets we must advise as well as the amount of work required. 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. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. Apply to Office Assistant and more! The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. This field is for validation purposes and should be left unchanged. Designed by Interconnect. Know Your Worth. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Raffles Family Office | 14,643 followers on LinkedIn. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. KEY NOT FOUND: ei.filter.lock-cta.message. We couldn't find the job you were looking for. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. 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. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. 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. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . A dedicated Family Office increases security and privacy. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. Filter your search results by job function, title, or location. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Decarbonisation efforts can often be expensive and involve long-term commitment. 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. Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. Our talented people play the most critical role in delivering emotional luxury to our guests. 1. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Senior Relationship Manager. That means there is less concern that outside companies and staff will view family data. We understand our clients needs and develop tailored solutions for them. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search 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 . This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . The two were among 10 investors committing 130 million to the Paris-based group. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . 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 . And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. 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. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. new. Get a free, personalized salary estimate based on today's job market. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. 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The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. Dismiss. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Choose a different language and keep reading other reviews. Member Functions. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. 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. Thank you, all, for your leadership, hard work and dedication. 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. Full-time (69) Permanent . Professional service fees accounting, tax & legal, advisors, insurance, and security. A Family Office will achieve better returns on investments due to reduced investing costs. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. #familyoffice 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 . Posted 15 days ago. . Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. KEY NOT FOUND: ei.filter.lock-cta.message. P-Serv is growing our family, and we are looking for talents to be a part of our team! 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. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. $6,000 - $13,000 per month. We understand every clients need is unique, therefore our solutions are all tailor-made. Dismiss. Know Your Worth. Filter your search results by job function, title, or location. 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. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Very often, the liquid assets can be well below the supposed US$100 million mark. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) 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. 9 October 2018 . 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. +65 66796226. Having problems? 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. There are currently no open jobs at Raffles Family Office listed on Glassdoor. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 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, 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. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. 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. Date Posted. We have no control over the nature, content and availability of those sites. 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. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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 cost of operating a single-family office can easily add up to 1.5 million USD per year. $6,000 - $13,000 per month. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . Apply for Raffles Family Office jobs today. 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. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. 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). The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. 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). The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 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. Each family member may have an independent advisor and working towards conflicting goals. by Michelle Ng 17 October 2022. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. Exclusive news, analysis and research on global family enterprise and private investment offices. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. . We are an independent organisation, acting in the best interests of our valued clients. Private Equity Sign in. 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. 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. The Ultimate Job Interview Preparation Guide. . Our Hotels . 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. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. 2. 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Job Type. RAFFLES FAMILY OFFICE PTE. This was notably higher than the global average of 28%, although the mood was one of caution. 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. Investor Type Family Investment Office. Raffles Family Office | 14,953 followers on LinkedIn. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. 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. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 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. Without a family office, individual family members may be moving in different directions. RAFFLES FAMILY OFFICE PTE. 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. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. You need at least a Premium Subscription to read this article. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Prev The Change that is Family Office. 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. 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. Connect with us for the latest news . For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. P-Serv is growing our family, and we are looking for talents to be a part of our team! 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. 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. 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. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. He joins the multi-family office from DBS, where he was a senior director at its private bank. You will need a Premium Plus Subscription to access this database. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The Raffles Family Office App enables creators and entrepreneurs to access our eco-system. Hong Kong-based Raffles Family Office (Raffles FO) announced Thursday the launch of Revo Digital Family Office (Revo DFO), the first-of-its-kind in Asia that enables ultra-high net worth (UHNW) families to access and invest in digital assets from a consolidated wealth management platform.. Raffles Family Office is a private company. 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. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. We have all the necessary resources required to setup and running a family office smoothly. Get a free, personalized salary estimate based on today's job market. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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! 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 (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Exclusive news, analysis and research on global family enterprise and private investment offices. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. new. Employers / Post Job. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Average total compensation of the top 10% earners in the survey is $1,520,000. With a family office, the same advisors can work to align the direction for all family members. 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. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Meet & Greet - Connect with like-minded individuals and companies within the Community. Tags: Asian Private Banker , Read More October . We never tire of celebrating the women in our business. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. A free inside look at company reviews and salaries posted anonymously by employees. Powered by Standfirst. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Advertisement. 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. Any reliance you place on such information is therefore strictly at your own risk. 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. 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. 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. A free inside look at company reviews and salaries posted anonymously by employees. 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 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. There are no open jobs for this combination of filters, please try again. The information contained in this website is for general information purposes only. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. There are no open jobs for this combination of filters, please try again. Phone Number +852 3108 8700. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. For those CIOs working at $1 billion-plus family offices pay packages were bigger. 29 Raffles Family Office Pte. The company currently specializes in the Financial Services area. 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. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. You can trust that your wealth is managed by our experts internally. What. Bachelor's Degree (19) The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Dismiss. Salary Estimate. 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. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? The information contained in this website is for general information purposes only. 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. 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. 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.