raffles family office salary

Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! Full-time (69) Permanent . 2. Job Type. Thank you, all, for your leadership, hard work and dedication. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Post-IPO Funding Senior Relationship Manager. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. 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. This field is for validation purposes and should be left unchanged. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. 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. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Professional service fees accounting, tax & legal, advisors, insurance, and security. 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.. 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The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. All Rights Reserved. 4. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. This employer has not claimed their Employer Profile and is missing out on connecting with our community. With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. Any reliance you place on such information is therefore strictly at your own risk. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. Will family offices pay huge fees to gain access to the best hedge fund strategies? Verify your email to use filters. Tags: Asian Private Banker , Read More October . Ten years ago, Family Capital was asked to write a story about Chinas family office sector. 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. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. That means there is less concern that outside companies and staff will view family data. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search Start of main content. Verify your email to use filters. The Ultimate Job Interview Preparation Guide. Company reviews. Bachelor's Degree (19) For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) LTD. Raffles Place. . Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 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. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. Raffles Family Office | 14,752 followers on LinkedIn. Rd., Sec. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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, 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. 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 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 . He joins the multi-family office from DBS, where he was a senior director at its private bank. He then moved to Singapore to open the office there in October 2018, since . The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. Upload your resume. 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. 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. This was notably higher than the global average of 28%, although the mood was one of caution. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. We specialise in asset management and legacy planning. 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. Access to private information, wealth management, and advisory services is controlled and central. 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. Posted 14 days ago. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Without a family office, individual family members may be moving in different directions. Designed by Interconnect. Raffles Family Office is a private company. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Employers / Post Job. 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. Private Equity 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 . The Raffles Family Office annual revenue is estimated at < 1M. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. 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. 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. . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. 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. 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 information contained in this website is for general information purposes only. Advertisement. 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. Very often, the liquid assets can be well below the supposed US$100 million mark. Let us dive into that here. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. 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. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Having problems. Posted 15 days ago. As agreed, Huobi Tech will support operational . KEY NOT FOUND: ei.filter.lock-cta.message. KEY NOT FOUND: ei.filter.lock-cta.message. We are an independent organisation, acting in the best interests of our valued clients. See what employees say it's like to work at Raffles Family Office. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. 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. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. 110 Raffles Family Office jobs available on Indeed.com. The company currently specializes in the Financial Services area. Filter your search results by job function, title, or location. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. Apply to Office Assistant and more! 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). 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. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. The Ultimate Job Interview Preparation Guide. We understand every clients need is unique, therefore our solutions are all tailor-made. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . Sign in. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. 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. 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. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. Get a free, personalized salary estimate based on today's job market. contact. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. 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! Introducing Private Placement Life Insurance (PPLI). 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. new. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . . Stay up to date with new jobs that match what you are looking for. 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). Primary Responsibilities . Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. There are no open jobs for this combination of filters, please try again. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. 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. $6,000 - $13,000 per month. 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. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 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. A common question is, What is the difference between an Independent Financial Advisory (IFA) firm and a Family Office (FO)? Typically, an IFA firm may offer financial planning, asset management and investment strategies with the goal of helping clients pursue their financial goals. 9 October 2018 . There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. We never tire of celebrating the women in our business. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. 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. 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. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. 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. Raffles offers well-being spa, family or business stays through its meeting rooms. Where. Sign in. So then I decided to study a master's degree in science and operational research . For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. 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. Our Hotels . What. 3. 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 is a multi-family office and independent asset manager. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. 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). Stay up to date with new jobs that match what you are looking for. Dismiss. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. 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 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. 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. Meet & Greet - Connect with like-minded individuals and companies within the Community. We have no control over the nature, content and availability of those sites. Ltd. jobs available on Indeed.com. 29 Raffles Family Office Pte. Average total compensation, which includes bonuses, is double that at $1,130,500. 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. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. 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. 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. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. 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. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. 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. Register for free articles or subscribe for full access. 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! 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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 . Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. The fee may vary according to the amount of assets we must advise as well as the amount of work required. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. 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. Sign up to get notified as soon as new Raffles Family Office jobs are posted. 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 collaboration with the worlds leading financial institutions, RFO is uniquely placed to offer comprehensive, lasting and highly bespoke wealth growth and preservation solutions. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. 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. Senior Relationship Manager. Time is often the most valuable asset and our firm can help to make the most of their time. 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. 43 Raffles Family Office jobs available in Raffles on Indeed.com. 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! Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. LTD. Raffles Place. As a result, the magic number is to have a liquidity of US$100 million. Exclusive news, analysis and research on global family enterprise and private investment offices. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. 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. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. The top 10% of earners in the job category can earn more than $1 million annually. A free inside look at company reviews and salaries posted anonymously by employees. Having problems? We have all the necessary resources required to setup and running a family office smoothly. Salary Estimate. You need at least a Premium Subscription to read this article. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . With a family office, the same advisors can work to align the direction for all family members. 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.

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raffles family office salary