The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. 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. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. 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. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. 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. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. Apply for Raffles Family Office jobs today. In future, we will have our own Finance department so we can even do financing in-house. . This employer has not claimed their Employer Profile and is missing out on connecting with our community. Jobs People Learning Dismiss Dismiss. As a result, the magic number is to have a liquidity of US$100 million. Thank you, all, for your leadership, hard work and dedication. Very often, the liquid assets can be well below the supposed US$100 million mark. 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 . LTD. Raffles Place. You will need a Premium Plus Subscription to access this database. The company currently specializes in the Financial Services area. Raffles Family Office | 14,752 followers on LinkedIn. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. This field is for validation purposes and should be left unchanged. That means there is less concern that outside companies and staff will view family data. Sign up to get notified as soon as new Raffles Family Office jobs are posted. 3. 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. Average total compensation of the top 10% earners in the survey is $1,520,000. by Michelle Ng 17 October 2022. A free inside look at company reviews and salaries posted anonymously by employees. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search 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. The top 10% of earners in the job category can earn more than $1 million annually. 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. Date Posted. Every effort is made to keep the website up and running smoothly. Ltd. jobs available on Indeed.com. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . Posted 14 days ago. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. 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. Primary Responsibilities . We have no control over the nature, content and availability of those sites. The information contained in this website is for general information purposes only. 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. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. 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. 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. A Family Office will achieve better returns on investments due to reduced investing costs. 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. Job Type. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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. Meet & Greet - Connect with like-minded individuals and companies within the Community. Member Functions. 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. 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). 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. 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. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. 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. Any reliance you place on such information is therefore strictly at your own risk. 9 October 2018 . Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. As a Talent Acquisition Executive, you will be P-Serv is growing our family, and we are looking for talents to be a part of our team! The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Investor Type Family Investment Office. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. 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 . 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. You can trust that your wealth is managed by our experts internally. Operating Status Active. The two were among 10 investors committing 130 million to the Paris-based group. Sign in. 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. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. The cost of operating a single-family office can easily add up to 1.5 million USD per year. We couldn't find the job you were looking for. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Upload your resume. 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? And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. We specialise in asset management and legacy planning. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. There are no open jobs for this combination of filters, please try again. The Ultimate Job Interview Preparation Guide. Every effort is made to keep the website up and running smoothly. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? This employer has not claimed their Employer Profile and is missing out on connecting with our community. Advertisement. Primary 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. Salary guide. Designed by Interconnect. 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. 68 Zhongxiao E. Choose a different language and keep reading other reviews. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. 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. 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. Having problems? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. 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. RAFFLES FAMILY OFFICE PTE. Choose a different language and keep reading other reviews. 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. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. RAFFLES FAMILY OFFICE PTE. 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. As agreed, Huobi Tech will support operational . By logging into your account, you agree to jobsDB's, By creating an email alert, you agree to jobsDB's, Talent Acquisition Executive (Internal Recruitment / Raffles Place), Talent Acquisition Exec (Raffles Place / Internal), Associate, Product Manager, Digital Assets, Senior Relationship Manager (SEA Markets), Investment Analyst (Fund Management / Family Office) 1008, VP, Data Scientist, Data Management Office, VP, Senior Client Advisor, Privilege Reserve, FVP, Enterprise Data Governance and Quality, Data Management Office, Clinic Assistant (up $2500 / Central / 5.5 Days), Vice President, Workplace Solutions & Design Lead, Corporate Real Estate Services, VP/AVP, Front Office Technology Developer, Group Trading, Global Markets, First VP, Senior Relationship Manager, Group Corporate Banking, Group Wholesale Banking, VP, People Experience, Workplace and Change Management, Corporate Real Estate Services, Senior VP / First VP, Functional Business Analyst (Blockchain), VP, Business Unit Specialist (Single Customer View), Group Retail, VP, Regional Fixed Income & Securities Solutions, Group Global Markets. This was notably higher than the global average of 28%, although the mood was one of caution. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . He joins the multi-family office from DBS, where he was a senior director at its private bank. 'Given the volatility of the asset class . Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Any reliance you place on such information is therefore strictly at your own risk. 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 understand our clients needs and develop tailored solutions for them. 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 . 43 Raffles Family Office jobs available in Raffles on Indeed.com. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. Raffles Family Office is a multi-family office and independent asset manager. 110 Raffles Family Office jobs available on Indeed.com. Dismiss. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. 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. Decarbonisation efforts can often be expensive and involve long-term commitment. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Get a free, personalized salary estimate based on today's job market. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 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.. 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. 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 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. Rd., Sec. Job Type. 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 . 1. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 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. With a family office, the same advisors can work to align the direction for all family members. 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! Posted 7:18:56 PM. Private Equity 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. 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.