Raffles Family Office Archives - Asian Private Banker The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 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. This was notably higher than the global average of 28%, although the mood was one of caution. Family Office jobs in Hong Kong | Careerjet Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Our Hotels . Prev The Change that is Family Office. 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 . Skip to main content Book with Confidence : Flexible cancellation and safety protocols. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. 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. 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. Job Type. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. A Family Office will achieve better returns on investments due to reduced investing costs. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. All Rights Reserved. Register for free articles or subscribe for full access. 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 . Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. 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 opens new and expanded global headquarters and single-family office incubator in Hong Kong . 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. 1 Raffles Family Office reviews. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Find jobs. 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. As a result, the magic number is to have a liquidity of US$100 million. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. Sign up to get notified as soon as new Raffles Family Office jobs are posted. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. Apply for Raffles Family Office jobs today. Thank you, all, for your leadership, hard work and dedication. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. Company reviews. by Michelle Ng 17 October 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. Raffles Family Office Makes Senior Hire - finews.asia Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 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: Thriving and Expanding Rapidly in Asia and This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . 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). Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 3. Senior Relationship Manager. 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. 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! Introducing Private Placement Life Insurance (PPLI). There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. We are purpose-driven. Know Your Worth. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Search job openings at Raffles Family Office. 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. We understand our clients needs and develop tailored solutions for them. new. Having problems. Raffles Family Office opens new and expanded global - InvestHK family office jobs in Marina Terminal - sg.indeed.com Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Access to private information, wealth management, and advisory services is controlled and central. 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. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. You need at least a Premium Subscription to read this article. 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. Posted 15 days ago. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search 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). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. This employer has not claimed their Employer Profile and is missing out on connecting with our community. We specialise in asset management and legacy planning. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. Skip to main content. Having problems? For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. 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. 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). Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. Professional service fees accounting, tax & legal, advisors, insurance, and security. That will attract more talent. 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. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Know Your Worth. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. 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. Decarbonisation efforts can often be expensive and involve long-term commitment. 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. Choose a different language and keep reading other reviews. The Ultimate Job Interview Preparation Guide. 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. The fee may vary according to the amount of assets we must advise as well as the amount of work required. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Raffles FO taps Huobi Tech to set up digital asset investment platform He then moved to Singapore to open the office there in October 2018, since . There are currently no open jobs at Raffles Family Office listed on Glassdoor. He joins the multi-family office from DBS, where he was a senior director at its private bank. Ltd. jobs available on Indeed.com. 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. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. 110 Raffles Family Office Jobs, Employment November 9, 2022 | Indeed.com Start of main content. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . 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. 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). 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. Multi Family Office | Independent Asset Management For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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. Get a free, personalized salary estimate based on today's job market. RAFFLES FAMILY OFFICE PTE. So then I decided to study a master's degree in science and operational research . Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? RAFFLES FAMILY OFFICE PTE. LTD. - Monetary Authority of Singapore MyCareersFuture Singapore Salary Estimate. Average total compensation, which includes bonuses, is double that at $1,130,500. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Raffles Family Office Reviews - Glassdoor Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. We understand every clients need is unique, therefore our solutions are all tailor-made. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. 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. There are no open jobs for this combination of filters, please try again. We are an independent organisation, acting in the best interests of our valued clients. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. 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. Can Credit Suisse Really Put its House in Order? Citi Appoints APAC Head of New Banking Unit, Indosuez Loses Senior Banker in Singapore, US Law Firms Pounce on Lehmann's Outflow Comments, Julius Baer Names Greater China Group Head, Binance Custody Unit Seeks Singapore Crypto License, Whatsapp Hunters Seeking New Financial Sector Game, North Asia Vet Join Digital Asset Platform Metacomp, OCBC: Wealth Inflows Offset Market Downturn, Hong Kong to Allow Retail Access to Major Tokens, Crypto Fugitive Withdraws Millions From Swiss Bank, Whampoa Digital: Web3 Only Seeing Tip of Iceberg, Raffles Family Office Adds Crypto, PE Experts, Raffles Names Managing Partner for New Real Estate Team, Nearly All APAC Family Offices Name Inflation as Top Concern, Raffles Family Office Completes Strategic Investment, Raffles Family Office Launches Digital Asset Platform, Credit Suisse's Quick Fixes Won't Do the Job, Singapore Raises Threshold for Investor Program, Fidelity Launches First Retail Fund in Mainland China, Julius Baer: Full Hiring Pipeline in Asia, China joint venture withwealth management fintech platform iFast, Sothebys Grabs Retail Space for New Hong Kong Auction House. The MFO has a global footprint . We have no control over the nature, content and availability of those sites. 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 information contained in this website is for general information purposes only. To connect with Raffles Family Office employee register on SignalHire. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. A dedicated Family Office increases security and privacy. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Post-IPO Funding 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. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! We never tire of celebrating the women in our business. Full-time (69) Permanent . 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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. Raffles offers well-being spa, family or business stays through its meeting rooms. Raffles Family Office to unveil crypto strategy this year 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 . Stay up to date with new jobs that match what you are looking for. Raffles Family Office Pte. Ltd. jobs - sg.indeed.com Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. Sign in. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Working at Raffles Family Office | Glassdoor Senior Relationship Manager - RAFFLES FAMILY OFFICE PTE. LTD. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. LTD. Raffles Place. Filter your search results by job function, title, or location. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. The company currently specializes in the Financial Services area. 29 Raffles Family Office Pte. 2022-11-30 Investment Roundup | Raffles Family Office Use the CB Insights Platform to explore Raffles Family Office's full profile. The information contained in this website is for general information purposes only. Time is often the most valuable asset and our firm can help to make the most of their time. We couldn't find the job you were looking for. Raffles Family Office Portfolio Investments, Raffles Family Office . Menu. 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. Find jobs. Upload your resume. Raffles Family Office | LinkedIn Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. 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. 110 Raffles Family Office jobs available on Indeed.com. new. Employers / Post Job. 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 Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. What. Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday.