As agreed, Huobi Tech will support operational . The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. Filter your search results by job function, title, or location. He then moved to Singapore to open the office there in October 2018, since . 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 All Rights Reserved. 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. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. P-Serv is growing our family, and we are looking for talents to be a part of our team! 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. Average total compensation, which includes bonuses, is double that at $1,130,500. Salary guide. 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 new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. 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. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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. Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Powered by Standfirst. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. 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. 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. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! We couldn't find the job you were looking for. Upload your resume. Invus and Boxer Capital have invested in Abivax, a biotech group. contact. 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. 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. Dismiss. 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. Any reliance you place on such information is therefore strictly at your own risk. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Post-IPO Funding Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. 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. Thank you, all, for your leadership, hard work and dedication. Choose a different language and keep reading other reviews. Can Credit Suisse Really Put its House in Order? This was notably higher than the global average of 28%, although the mood was one of caution. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. 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. Raffles offers well-being spa, family or business stays through its meeting rooms. Raffles Family Office | 14,643 followers on LinkedIn. The information contained in this website is for general information purposes only. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. 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 . Family Office jobs in Hong Kong All New Filter 1,030 jobs Create alert All New Corporate Finance and Planning Manager/ Director (FP&A) | Family Office/ Private Equity . 29 Raffles Family Office Pte. Check Deal Data, Senior Staff, and New Analysis on more than 1000 family/principal investment and holding groups. There are currently no open jobs at Raffles Family Office listed on Glassdoor. 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! 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 Family Office | 14,953 followers on LinkedIn. 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. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Private Equity Verify your email to use filters. 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. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. That means there is less concern that outside companies and staff will view family data. 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. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. That will attract more talent. Employers / Post Job. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. 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. A dedicated Family Office increases security and privacy. 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. 2. Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. The annual average base salary of a chief executive of a single-family office in the US is $556,100, according to a compensation survey by McNally Capital, Botoff Consulting, and Mack International. Get a free, personalized salary estimate based on today's job market. Introducing Private Placement Life Insurance (PPLI). Skip to main content. Every effort is made to keep the website up and running smoothly. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Apply to Office Assistant and more! Primary Responsibilities . . Posted 15 days ago. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . Tags: Asian Private Banker , Read More October . Raffles Family Office is a private company. Find jobs. 2. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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. 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. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. by Michelle Ng 17 October 2022. 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 appoints industry veteran as deputy CEO. We have no control over the nature, content and availability of those sites. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Phone Number +852 3108 8700. 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. 68 Zhongxiao E. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Dismiss. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. 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. Investment advisory fees management & custodian fee, research & analysis, and aggregated reporting. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . See what employees say it's like to work at Raffles Family Office. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. The top 10% of earners in the job category can earn more than $1 million annually. 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. 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. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Sign in. As a result, the magic number is to have a liquidity of US$100 million. 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 has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. 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. This field is for validation purposes and should be left unchanged. A free inside look at company reviews and salaries posted anonymously by employees. 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. 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. Every effort is made to keep the website up and running smoothly. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. Our talented people play the most critical role in delivering emotional luxury to our guests. Dismiss. 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. 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). Average total compensation of the top 10% earners in the survey is $1,520,000. We specialise in asset management and legacy planning. Bachelor's Degree (19) In future, we will have our own Finance department so we can even do financing in-house. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. $6,000 - $13,000 per month. 'Given the volatility of the asset class . The cost of operating a single-family office can easily add up to 1.5 million USD per year. 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! Very often, the liquid assets can be well below the supposed US$100 million mark. Stay up to date with new jobs that match what you are looking for. Exclusive news, analysis and research on global family enterprise and private investment offices. Prev The Change that is Family Office. LTD. Raffles Place. Job Type. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) We are purpose-driven. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. He joins the multi-family office from DBS, where he was a senior director at its private bank. 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 top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. The MFO has a global footprint . The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We understand our clients needs and develop tailored solutions for them. 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. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. Raffles Family Office | 14,752 followers on LinkedIn. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. What. 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. 4. 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. 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. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. With a family office, the same advisors can work to align the direction for all family members. Find jobs. Full-time (24) Permanent (20) Internship (1) Temporary (1) Education level. 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. 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 7:18:56 PM. LTD. Raffles Place. 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. 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). Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Sign in. The Ultimate Job Interview Preparation Guide. Full-time (69) Permanent . (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. $6,000 - $13,000 per month. Let us dive into that here. We have all the necessary resources required to setup and running a family office smoothly. new. Having problems. 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. A Family Office will achieve better returns on investments due to reduced investing costs. #familyoffice Meet & Greet - Connect with like-minded individuals and companies within the Community. 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 . 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Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. 1 Raffles Family Office reviews. 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. 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 . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 3. There are no open jobs for this combination of filters, please try again. Member Functions. Where. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. 9 October 2018 . Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. 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. Advertisement. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Designed by Interconnect. 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.