raffles family office salary

The top 10% of earners in the job category can earn more than $1 million annually. 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 . While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Meet & Greet - Connect with like-minded individuals and companies within the Community. Know Your Worth. RAFFLES FAMILY OFFICE PTE. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. 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. Sign up to get notified as soon as new Raffles Family Office jobs are posted. 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. +65 66796226. 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. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. All Rights Reserved. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! by Michelle Ng 17 October 2022. $6,000 - $13,000 per month. Senior Relationship Manager. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . P-Serv is growing our family, and we are looking for talents to be a part of our team! A free inside look at company reviews and salaries posted anonymously by employees. Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . The Ultimate Job Interview Preparation Guide. 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. As a result, the magic number is to have a liquidity of US$100 million. Search job openings at Raffles Family Office. Primary Responsibilities . The Worlds Top 750 Family Businesses Ranking, Notable & Quotable: Family offices and cannabis; Germany family business wins top award, A top regulators blog places the spotlight on family offices and their borrowing, N&Q: Compensation at family offices; prominent family back PE group; appointments, The new multi-family office the family-backed investment fund, Entrepreneurs and family offices pile into a transformative AI platform, The latest family/private investment office deals, Family office backs private debt group in decarbonisation efforts. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. 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. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. 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. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . That means there is less concern that outside companies and staff will view family data. This field is for validation purposes and should be left unchanged. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. The information contained in this website is for general information purposes only. . Stay up to date with new jobs that match what you are looking for. Any research or analysis used to derive, or in relation to the information has been procured from sources deemed reliable by Raffles Family Office Limited for its own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor. Find jobs. 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. The company currently specializes in the Financial Services area. 9 October 2018 . You will need a Premium Plus Subscription to access this database. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. LTD. Raffles Place. 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. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Dismiss. 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. 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. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Let us dive into that here. 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. 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Investor Type Family Investment Office. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. 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. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. 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. Average total compensation, which includes bonuses, is double that at $1,130,500. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. 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. Operating Status Active. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. There are no open jobs for this combination of filters, please try again. Company reviews. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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. He joins the multi-family office from DBS, where he was a senior director at its private bank. 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. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Private Equity 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. Skip to main content. Sign in. 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. In future, we will have our own Finance department so we can even do financing in-house. 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. Decarbonisation efforts can often be expensive and involve long-term commitment. Filter your search results by job function, title, or location. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. 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. 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. Raffles offers well-being spa, family or business stays through its meeting rooms. 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 . Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. 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. We specialise in asset management and legacy planning. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 29 Raffles Family Office Pte. He joins the multi-family office from DBS, where he was a senior director at its private bank. The Raffles Family Office annual revenue is estimated at < 1M. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. Connect with us for the latest news . 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 . #familyoffice Get a free, personalized salary estimate based on today's job market. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. $6,000 - $13,000 per month. Filter your search results by job function, title, or location. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. Very often, the liquid assets can be well below the supposed US$100 million mark. 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. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Full-time (69) Permanent . For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Powered by Standfirst. What. Know Your Worth. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. P-Serv is growing our family, and we are looking for talents to be a part of our team! That will attract more talent. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. . The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Each family member may have an independent advisor and working towards conflicting goals. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . We have no control over the nature, content and availability of those sites. Find jobs. Having problems. Bachelor's Degree (19) 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. 2. Any reliance you place on such information is therefore strictly at your own risk. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. Salary guide. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. Member Functions. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. For those CIOs working at $1 billion-plus family offices pay packages were bigger . . This employer has not claimed their Employer Profile and is missing out on connecting with our community. Raffles Family Office is a private company. 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. 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. 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 App enables creators and entrepreneurs to access our eco-system. 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 inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. We couldn't find the job you were looking for. 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. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. Salary Estimate. Raffles Family Office | 14,752 followers on LinkedIn. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Access to private information, wealth management, and advisory services is controlled and central. We never tire of celebrating the women in our business. 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. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. 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. Apply to Office Assistant and more! You need at least a Premium Subscription to read this article. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. 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. Primary Responsibilities . Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. The two were among 10 investors committing 130 million to the Paris-based group. 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). Invus and Boxer Capital have invested in Abivax, a biotech group. This employer has not claimed their Employer Profile and is missing out on connecting with our community. For those CIOs working at $1 billion-plus family offices pay packages were bigger. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. He then moved to Singapore to open the office there in October 2018, since . Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Tags: Asian Private Banker , Read More October . 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. Thank you, all, for your leadership, hard work and dedication. 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! Ltd. jobs available on Indeed.com. Every effort is made to keep the website up and running smoothly. KEY NOT FOUND: ei.filter.lock-cta.message. The platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. 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. Get a free, personalized salary estimate based on today's job market. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 3. 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. Menu. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Choose a different language and keep reading other reviews. Use the CB Insights Platform to explore Raffles Family Office's full profile. Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. Our Hotels . 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. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. Posted 14 days ago. Raffles Family Office is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. Our talented people play the most critical role in delivering emotional luxury to our guests. 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 . Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. 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). Upload your resume. 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. Dismiss. 1. 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. 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. Will family offices pay huge fees to gain access to the best hedge fund strategies? We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Where. 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. 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. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. 'Given the volatility of the asset class . Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. Post-IPO Funding Having problems? new. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 9 February 2022. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. Introducing Private Placement Life Insurance (PPLI).