Having problems? We are purpose-driven. Raffles Family Office Overview | SignalHire Company Profile Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 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. 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. Newsroom - Raffles Family Office Menu. Raffles Family Office jobs in Singapore - February 2023 | jobsDB 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. Posted 14 days ago. 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. 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. There are no open jobs for this combination of filters, please try again. 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. 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. Can Credit Suisse Really Put its House in Order? 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. Exclusive news, analysis and research on global family enterprise and private investment offices. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Primary Responsibilities . Member Functions. 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. The company currently specializes in the Financial Services area. Search job openings at Raffles Family Office. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. 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. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. 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 needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Raffles Hotels - Luxury Hotels & Resorts Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Filter your search results by job function, title, or location. Full-time (69) Permanent . 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. 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. 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. 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 content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 4. Raffles Family Office | 14,643 followers on LinkedIn. KEY NOT FOUND: ei.filter.lock-cta.message. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . 2022-11-30 Investment Roundup | Raffles Family Office Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . Raffles offers well-being spa, family or business stays through its meeting rooms. $6,000 - $13,000 per month. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Raffles Family Office Archives - Asian Private Banker Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. A free inside look at company reviews and salaries posted anonymously by employees. 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 FO taps Huobi Tech to set up digital asset investment platform Time is often the most valuable asset and our firm can help to make the most of their time. 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. Therefore, in order to minimise costs (as well as to fully utilise the expertise of a Family Office), most wealthy families nowadays work with a Multi-Family Office (MFO). Raffles Family Office Reviews - Glassdoor Salaries, reviews, and more - all posted by employees working at Raffles Family Office. He joins the multi-family office from DBS, where he was a senior director at its private bank. All Rights Reserved. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. The top 10% of earners in the job category can earn more than $1 million annually. Family Offices: This is how much their top staff get paid Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. P-Serv is growing our family, and we are looking for talents to be a part of our team! Introducing Private Placement Life Insurance (PPLI). 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. Average total compensation, which includes bonuses, is double that at $1,130,500. The two were among 10 investors committing 130 million to the Paris-based group. Prev The Change that is Family Office. Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . Raffles Family Office - Crunchbase Investor Profile & Investments 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. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Post-IPO Funding Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. There are no open jobs for this combination of filters, please try again. Raffles Family Office is a multi-family office and independent asset manager. 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. P-Serv is growing our family, and we are looking for talents to be a part of our team! 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 platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. See what employees say it's like to work at Raffles Family Office. 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. What. 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. 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. 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 Raffles Family Office App enables creators and entrepreneurs to access our eco-system. 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. We understand every clients need is unique, therefore our solutions are all tailor-made. We specialise in asset management and legacy planning. 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 . 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search 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. Use the CB Insights Platform to explore Raffles Family Office's full profile. Hong Kong's Raffles Family Office launches Asia's first multi-family Raffles Family Office Makes Senior Hire - finews.asia 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. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. We have no control over the nature, content and availability of those sites. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. You can trust that your wealth is managed by our experts internally. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. +65 66796226. Meet & Greet - Connect with like-minded individuals and companies within the Community. 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. Sign in. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. by Michelle Ng 17 October 2022. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Choose a different language and keep reading other reviews. 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. The Relevance of Family Office - rafflesgroup.co The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Having problems. Register for free articles or subscribe for full access. 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. He then moved to Singapore to open the office there in October 2018, since . 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. Date Posted. The Raffles Family Office annual revenue is estimated at < 1M. Posted 7:18:56 PM. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. Raffles Family Office on LinkedIn: #love #love #valentinesday # The fee may vary according to the amount of assets we must advise as well as the amount of work required. The Ultimate Job Interview Preparation Guide. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. As a result, the magic number is to have a liquidity of US$100 million. We understand our clients needs and develop tailored solutions for them. Raffles Family Office to unveil crypto strategy this year Senior Relationship Manager - RAFFLES FAMILY OFFICE PTE. LTD. 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 . 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. The Ultimate Job Interview Preparation Guide. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Tags: Asian Private Banker , Read More October . Private Equity We never tire of celebrating the women in our business. LTD. Raffles Place. To connect with Raffles Family Office employee register on SignalHire. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. We are an independent organisation, acting in the best interests of our valued clients. Raffles Family Office on LinkedIn: Budget 2023: Tax incentive for MyCareersFuture 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. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. 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. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Raffles Family Office concludes strategic investment in Lightnet Group Raffles Family Office | 14,953 followers on LinkedIn. Senior Relationship Manager. Sign up to get notified as soon as new Raffles Family Office jobs are posted. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Powered by Standfirst. 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. Skip to main content. 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. Raffles Family Office opens new and expanded global - InvestHK Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Senior Relationship Manager. Choose a different language and keep reading other reviews. 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. 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 . Raffles Family Office is a private company. The information contained in this website is for general information purposes only. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Will family offices pay huge fees to gain access to the best hedge fund strategies? new. Stay up to date with new jobs that match what you are looking for. 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. Raffles Family Office | 14,752 followers on LinkedIn. 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 . Raffles Family Office on LinkedIn: #familyoffice #rafflesfamilyoffice # 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. Access to private information, wealth management, and advisory services is controlled and central. Operating Status Active. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. There are currently no open jobs at Raffles Family Office listed on Glassdoor. 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.
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