Powered by Standfirst. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. We have all the necessary resources required to setup and running a family office smoothly. 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. . Will family offices pay huge fees to gain access to the best hedge fund strategies? 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. Choose a different language and keep reading other reviews. Get a free, personalized salary estimate based on today's job market. 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. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . 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 . 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. 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 . Primary Responsibilities . Use the CB Insights Platform to explore Raffles Family Office's full profile. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. 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. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . Skip to main content. 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. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 1. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We work with best of breed private banks, insurance companies, international brokers and independent fund and securities houses, immigration companies, tax advisors and lawyers, independent trustees and other providers globally to cover all aspects of family . The Ultimate Job Interview Preparation Guide. Introducing Private Placement Life Insurance (PPLI). A dedicated Family Office increases security and privacy. Full-time (69) Permanent . 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. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Know Your Worth. We couldn't find the job you were looking for. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Register for free articles or subscribe for full access. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Phone Number +852 3108 8700. 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. 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! KEY NOT FOUND: ei.filter.lock-cta.message. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . This employer has not claimed their Employer Profile and is missing out on connecting with our community. We have no control over the nature, content and availability of those sites. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 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. 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. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . Apply to Office Assistant and more! 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.. A free inside look at company reviews and salaries posted anonymously by employees. Get a free, personalized salary estimate based on today's job market. 9 October 2018 . Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Member Functions. 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. Designed by Interconnect. Employers / Post Job. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. LTD. Raffles Place. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. 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. Advertisement. Choose a different language and keep reading other reviews. new. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. Company reviews. 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. That will attract more talent. Find jobs. Every effort is made to keep the website up and running smoothly. There are currently no open jobs at Raffles Family Office listed on Glassdoor. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. With a family office, the same advisors can work to align the direction for all family members. Having problems. 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. As agreed, Huobi Tech will support operational . We couldn't find the job you were looking for. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. Average total compensation, which includes bonuses, is double that at $1,130,500. $6,000 - $13,000 per month. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Filter your search results by job function, title, or location. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Posted 14 days ago. contact. Thank you, all, for your leadership, hard work and dedication. 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 private company. What. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. new. The information is provided by Raffles Family Office Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. There are no open jobs for this combination of filters, please try again. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. 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. 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. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. Can Credit Suisse Really Put its House in Order? 'Given the volatility of the asset class . Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. 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. Verify your email to use filters. The cost of operating a single-family office can easily add up to 1.5 million USD per year. He joins the multi-family office from DBS, where he was a senior director at its private bank. Salary guide. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. You will need a Premium Plus Subscription to access this database. 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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. 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. 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. Stay up to date with new jobs that match what you are looking for. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Decarbonisation efforts can often be expensive and involve long-term commitment. Each family member may have an independent advisor and working towards conflicting goals. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. 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 Invus and Boxer Capital have invested in Abivax, a biotech group. 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. Meet & Greet - Connect with like-minded individuals and companies within the Community. Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. You need at least a Premium Subscription to read this article. 9 February 2022. Dismiss. . Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. Investor Type Family Investment Office. 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. The management of complex issues with wealth can be handled in a way that is appropriate to the family and provides better access to the information for all family members. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. 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. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. 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. 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. 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). Any reliance you place on such information is therefore strictly at your own risk. 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 . Verify your email to use filters. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. Dismiss. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. To connect with Raffles Family Office employee register on SignalHire. Private Equity The MFO has a global footprint . Senior Relationship Manager. 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. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. In future, we will have our own Finance department so we can even do financing in-house. 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. Job Type. Stay up to date with new jobs that match what you are looking for. Jobs People Learning Dismiss Dismiss. Rd., Sec. Job Type. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . The information contained in this website is for general information purposes only. We never tire of celebrating the women in our business. A Family Office will achieve better returns on investments due to reduced investing costs. 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 company currently specializes in the Financial Services area. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. 4. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Search job openings at Raffles Family Office. Professional service fees accounting, tax & legal, advisors, insurance, and security. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. Post-IPO Funding Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Any reliance you place on such information is therefore strictly at your own risk. 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. 1 Raffles Family Office reviews. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Date Posted. Senior Relationship Manager. Tags: Asian Private Banker , Read More October . Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. The Ultimate Job Interview Preparation Guide. Raffles Family Office | 14,643 followers on LinkedIn. Find jobs. . Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. 29 Raffles Family Office Pte. 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! 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Very often, the liquid assets can be well below the supposed US$100 million mark. Ltd. jobs available on Indeed.com. Raffles Family Office is a multi-family office and independent asset manager. Sign up to get notified as soon as new Raffles Family Office jobs are posted. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. Our talented people play the most critical role in delivering emotional luxury to our guests. Time is often the most valuable asset and our firm can help to make the most of their time. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. LTD. Raffles Place. Apply for Raffles Family Office jobs today. by Michelle Ng 17 October 2022. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers .