raffles family office salary

For those CIOs working at $1 billion-plus family offices pay packages were bigger . Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. 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 . Rd., Sec. The Ultimate Job Interview Preparation Guide. 9 October 2018 . 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. 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. You will need a Premium Plus Subscription to access this database. 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. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. 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. Average total compensation, which includes bonuses, is double that at $1,130,500. This was notably higher than the global average of 28%, although the mood was one of caution. 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. Introducing Private Placement Life Insurance (PPLI). Time is often the most valuable asset and our firm can help to make the most of their time. 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! We are an independent organisation, acting in the best interests of our valued clients. 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. 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. Post-IPO Funding Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. A free inside look at company reviews and salaries posted anonymously by employees. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. This employer has not claimed their Employer Profile and is missing out on connecting with our community. The cost of operating a single-family office can easily add up to 1.5 million USD per year. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. In future, we will have our own Finance department so we can even do financing in-house. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Senior portfolio managers have an average base salary of $281,900, but can earn much more through bonuses, with the average total compensation pay at $651,400. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Tags: Asian Private Banker , Read More October . We specialise in asset management and legacy planning. 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. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Apply for Raffles Family Office jobs today. LTD. Raffles Place. We understand every clients need is unique, therefore our solutions are all tailor-made. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. The Ultimate Job Interview Preparation Guide. 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. 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. 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. The company currently specializes in the Financial Services area. 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 two were among 10 investors committing 130 million to the Paris-based group. So then I decided to study a master's degree in science and operational research . That will attract more talent. Stay up to date with new jobs that match what you are looking for. Decarbonisation efforts can often be expensive and involve long-term commitment. 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. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. 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 . 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. 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. Member Functions. Skip to main content. +65 66796226. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. The information contained in this website is for general information purposes only. Menu. Raffles Family Office | 14,643 followers on LinkedIn. 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. Each family member may have an independent advisor and working towards conflicting goals. 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. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . Private Equity 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. Raffles Family Office (RFO) is an award-winning commercial multi-family office with a full suite of investment management services for ultra-high net worth individuals. Please note that use of the www.rafflesgroup.co website (website) requires full acceptance without reservation on your part of the terms & conditions outlined below. 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! Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. $6,000 - $13,000 per month. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. 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. Exclusive news, analysis and research on global family enterprise and private investment offices. Designed by Interconnect. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Verify your email to use filters. Raffles Family Office | 14,953 followers on LinkedIn. KEY NOT FOUND: ei.filter.lock-cta.message. 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 . 2. Investor Type Family Investment Office. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Full-time (69) Permanent . A Family Office will achieve better returns on investments due to reduced investing costs. You can trust that your wealth is managed by our experts internally. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Know Your Worth. Employers / Post Job. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. Our Hotels . Any reliance you place on such information is therefore strictly at your own risk. Prev The Change that is Family Office. 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. This field is for validation purposes and should be left unchanged. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. 68 Zhongxiao E. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Choose a different language and keep reading other reviews. Without a family office, individual family members may be moving in different directions. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. . Senior Relationship Manager. 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. contact. 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. We never tire of celebrating the women in our business. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Professional service fees accounting, tax & legal, advisors, insurance, and security. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. new. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 3. 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. Stay up to date with new jobs that match what you are looking for. Centralisation of processes for tax, communications, education, professional services and philanthropy can help to ensure tasks are aligned with family goals to produce targeted results. Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. 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. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Job Type. 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. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Raffles Family Office is a private company. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Phone Number +852 3108 8700. Search job openings at Raffles Family Office. by Michelle Ng 17 October 2022. 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. 4. 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! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find jobs. 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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. Senior Relationship Manager. 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. 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. $6,000 - $13,000 per month. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Use the CB Insights Platform to explore Raffles Family Office's full profile. 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. 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. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Start of main content. 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. Connect with us for the latest news . Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . 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. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. 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. 'Given the volatility of the asset class . 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). William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. To connect with Raffles Family Office employee register on SignalHire. As a result, the magic number is to have a liquidity of US$100 million. Filter your search results by job function, title, or location. 43 Raffles Family Office jobs available in Raffles on Indeed.com. new. Posted 15 days ago. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website. The information contained in this website is for general information purposes only. LTD. Raffles Place. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. 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. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . 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. 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. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. This employer has not claimed their Employer Profile and is missing out on connecting with our community. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. . The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Advertisement. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. Sign in. Raffles Family Office is a multi-family office and independent asset manager. 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. Know Your Worth. We understand our clients needs and develop tailored solutions for them. Our talented people play the most critical role in delivering emotional luxury to our guests. The fee may vary according to the amount of assets we must advise as well as the amount of work required. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. What. Apply to Office Assistant and more! We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. P-Serv is growing our family, and we are looking for talents to be a part of our team! Find jobs. Ltd. jobs available on Indeed.com. 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 content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. There are no open jobs for this combination of filters, please try again. Having problems. Operating Status Active. 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. Access to private information, wealth management, and advisory services is controlled and central. 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. Salary Estimate. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment 1 Raffles Family Office reviews. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Get a free, personalized salary estimate based on today's job market. Sign in. 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. We have all the necessary resources required to setup and running a family office smoothly. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. For those CIOs working at $1 billion-plus family offices pay packages were bigger. He joins the multi-family office from DBS, where he was a senior director at its private bank. There are currently no open jobs at Raffles Family Office listed on Glassdoor. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. We have no control over the nature, content and availability of those sites. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. Where. Sign up to get notified as soon as new Raffles Family Office jobs are posted. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. 29 Raffles Family Office Pte. 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 Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. Let us dive into that here. Primary Responsibilities . We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. There are no open jobs for this combination of filters, please try again. Primary Responsibilities . Investment Outlook 2023: Navigating Uncertainty: Defense with Diversification, The Global Family Office Report Series: Asia-Pacific 2022, The Global Family Office Report Series: Asia-Pacific 2021, Incoming economic data points to further hawkish implications, increasing risks that the Fed will need to tighten for longer, US economic soft-landing is achievable but Feds job is not yet done, Headline US inflation is slowing down; we remain cautious of core sticky inflation. You need at least a Premium Subscription to read this article. Job Type. 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. 2. Choose a different language and keep reading other reviews. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Dismiss. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. 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..