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. 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. Primary Responsibilities We are currently seeking Relationship Manager, based in 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. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. 2. As a result, the magic number is to have a liquidity of US$100 million. Dismiss. . For those CIOs working at $1 billion-plus family offices pay packages were bigger . With a family office, the same advisors can work to align the direction for all family members. 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Posted 15 days ago. 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. Search job openings at Raffles Family Office. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. 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. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. He then moved to Singapore to open the office there in October 2018, since . Apply to Office Assistant and more! Raffles Family Office appoints industry veteran as deputy CEO. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. contact. by Michelle Ng 17 October 2022. Stay up to date with new jobs that match what you are looking for. In future, we will have our own Finance department so we can even do financing in-house. Professional service fees accounting, tax & legal, advisors, insurance, and security. We have all the necessary resources required to setup and running a family office smoothly. We are purpose-driven. Exclusive news, analysis and research on global family enterprise and private investment offices. You will need a Premium Plus Subscription to access this database. 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. We have no control over the nature, content and availability of those sites. 9 October 2018 . 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. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. Powered by Standfirst. Raffles Family Office | 14,643 followers on LinkedIn. Invus and Boxer Capital have invested in Abivax, a biotech group. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . 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. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Operating Status Active. 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. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. This field is for validation purposes and should be left unchanged. Primary Responsibilities . This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. $6,000 - $13,000 per month. 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. 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. 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. 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! Jobs People Learning Dismiss Dismiss. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. Very often, the liquid assets can be well below the supposed US$100 million mark. 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 . 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search KEY NOT FOUND: ei.filter.lock-cta.message. 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). P-Serv is growing our family, and we are looking for talents to be a part of our team! 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. The cost of operating a single-family office can easily add up to 1.5 million USD per year. LTD. Raffles Place. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. When you compare the 1-2% in fees you are paying your brokerage firm to receive a small fraction of these services from an advisor who is not a professional investor, we believe the case for using a Family Office becomes crystal clear. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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! Meet & Greet - Connect with like-minded individuals and companies within the Community. 29 Raffles Family Office Pte. 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. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. 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. Find jobs. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. All Rights Reserved. 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 Raffles Family Office App enables creators and entrepreneurs to access our eco-system. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. 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 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). Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. Register for free articles or subscribe for full access. Member Functions. 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. Thank you, all, for your leadership, hard work and dedication. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . Salary guide. Designed by Interconnect. 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! Access to private information, wealth management, and advisory services is controlled and central. A Family Office will achieve better returns on investments due to reduced investing costs. Raffles Family Office | 14,953 followers on LinkedIn. Dismiss. 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. See what employees say it's like to work at Raffles Family Office. A dedicated Family Office increases security and privacy. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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. 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. Senior Relationship Manager. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Find jobs. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. Without a family office, individual family members may be moving in different directions. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. A free inside look at company reviews and salaries posted anonymously by employees. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Where. 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. 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. 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. Sign in. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . 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. Senior Relationship Manager. Raffles Family Office is a private company. Start of main content. What. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. 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. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. We understand every clients need is unique, therefore our solutions are all tailor-made. 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. The Ultimate Job Interview Preparation Guide. Choose a different language and keep reading other reviews. 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. 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. RAFFLES FAMILY OFFICE PTE. Know Your Worth. Post-IPO Funding
We have no control over the nature, content and availability of those sites. Full-time (69) Permanent . 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. 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. He joins the multi-family office from DBS, where he was a senior director at its private bank. To connect with Raffles Family Office employee register on SignalHire. 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 . . Date Posted. 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. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . 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). Verify your email to use filters. 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. A free inside look at company reviews and salaries posted anonymously by employees. 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. 110 Raffles Family Office jobs available on Indeed.com. Each family member may have an independent advisor and working towards conflicting goals. He joins the multi-family office from DBS, where he was a senior director at its private bank. Bachelor's Degree (19) Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. Primary Responsibilities . The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Can Credit Suisse Really Put its House in Order? 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. Raffles Family Office is a multi-family office and independent asset manager. 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. 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. 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. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. 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. Salary Estimate. We are an independent organisation, acting in the best interests of our valued clients. The company currently specializes in the Financial Services area. That means there is less concern that outside companies and staff will view family data. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. 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. The Ultimate Job Interview Preparation Guide. 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 . With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. $6,000 - $13,000 per month. So then I decided to study a master's degree in science and operational research . Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. 1 Raffles Family Office reviews. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Connect with us for the latest news . 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 . 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 . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. new. Introducing Private Placement Life Insurance (PPLI). There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. LTD. Raffles Place. 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 couldn't find the job you were looking for. 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. new. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. 43 Raffles Family Office jobs available in Raffles on Indeed.com. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. . Time is often the most valuable asset and our firm can help to make the most of their time. The top 10% of earners in the job category can earn more than $1 million annually. 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. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment Every effort is made to keep the website up and running smoothly. Tags: Asian Private Banker , Read More October . The Raffles Family Office annual revenue is estimated at < 1M. 4. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 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.