There are no open jobs for this combination of filters, please try again. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. 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. A free inside look at company reviews and salaries posted anonymously by employees. We specialise in asset management and legacy planning. 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. In future, we will have our own Finance department so we can even do financing in-house. Bachelor's Degree (19) 1. Stay up to date with new jobs that match what you are looking for. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Raffles Family Office | 14,643 followers on LinkedIn. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Posted 7:18:56 PM. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. 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. 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. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? A dedicated Family Office increases security and privacy. This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . new. Rd., Sec. 43 Raffles Family Office Jobs, Employment in Raffles August 21, 2022 | Indeed.com Skip to Job Postings , Search But after doing summer jobs while I was at university, I discovered that civil engineering was probably not a really good fit for me. Know Your Worth. The Ultimate Job Interview Preparation Guide. 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. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. 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. Verify your email to use filters. "The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is . 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. Very often, the liquid assets can be well below the supposed US$100 million mark. The information contained in this website is for general information purposes only. For those CIOs working at $1 billion-plus family offices pay packages were bigger . 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. 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. RAFFLES FAMILY OFFICE PTE. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Private Equity Salaries, reviews, and more - all posted by employees working at Raffles Family Office. Skip to main content. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This field is for validation purposes and should be left unchanged. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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 contact. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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. KEY NOT FOUND: ei.filter.lock-cta.message. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Dismiss. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. 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. 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! Sign in. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Search job openings at Raffles Family Office. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. 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. Salary Estimate. 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 fee may vary according to the amount of assets we must advise as well as the amount of work required. 'Given the volatility of the asset class . All Rights Reserved. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Posted 14 days ago. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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 . 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 FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. Our Hotels . We understand our clients needs and develop tailored solutions for them. 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. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. 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 . Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. 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. Let us dive into that here. This was notably higher than the global average of 28%, although the mood was one of caution. Operating Status Active. 43 Raffles Family Office jobs available in Raffles on Indeed.com. P-Serv is growing our family, and we are looking for talents to be a part of our team! To connect with Raffles Family Office employee register on SignalHire. 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). Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. Apply to Office Assistant and more! 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! Any reliance you place on such information is therefore strictly at your own risk. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . As a result, the magic number is to have a liquidity of US$100 million. 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. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. Register for free articles or subscribe for full access. Know Your Worth. Job Type. 110 Raffles Family Office jobs available on Indeed.com. Founder Chi Man Kwan said in an interview withfinews.asiathat it plans to grow its$2 billion in assets under management to $10 billion through the acquisition of smaller asset managers with $50 million to $200 million in Hong Kong and Singapore. Date Posted. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. 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! 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. 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. The two were among 10 investors committing 130 million to the Paris-based group. 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. Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. 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. 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. 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. 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 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Ltd. jobs available on Indeed.com. Raffles Family Office | 14,752 followers on LinkedIn. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. LTD. Raffles Place. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. See what employees say it's like to work at Raffles Family Office. Powered by Standfirst. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. So then I decided to study a master's degree in science and operational research . Meet & Greet - Connect with like-minded individuals and companies within the Community. Verify your email to use filters. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 7 Raffles Family Office jobs including salaries, ratings, and reviews, posted by Raffles Family Office employees. Phone Number +852 3108 8700. UK family office goes big in construction investment, Partner Content Event : Single Family Office Gathering, Family offices are the most active buyers of commercial real estate report, Family businesses, generative AI, Ludditesand a $1.8 trillion lawsuit, The war for talent will benefit family businesses, Despite a concerted effort, Hong Kong will struggle to develop a vibrant family office sector. Thank you, all, for your leadership, hard work and dedication. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Any reliance you place on such information is therefore strictly at your own risk. 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). We never tire of celebrating the women in our business. 9 February 2022. Start of main content. 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. The cost of operating a single-family office can easily add up to 1.5 million USD per year. Employers / Post Job. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Sign up to get notified as soon as new Raffles Family Office jobs are posted. Get a free, personalized salary estimate based on today's job market. 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. Menu. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. 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. 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. The top 10% of earners in the job category can earn more than $1 million annually. Multi-family offices provide the same bespoke tailor-made services to a distinguished group of wealthy families, offering the benefits of a single-family office at a more accessible cost. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. P-Serv is growing our family, and we are looking for talents to be a part of our team! A Family Office will achieve better returns on investments due to reduced investing costs. 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. 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. 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. Sign in. Senior Relationship Manager. 1 Raffles Family Office reviews. The Raffles Family Office annual revenue is estimated at < 1M. 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 . We couldn't find the job you were looking for. We are purpose-driven. Under the agreement, Lightnet will receive a strategic stake in Revo, which is Raffles FO . Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 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! 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. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. Prev The Change that is Family Office. Filter your search results by job function, title, or location. You will need a Premium Plus Subscription to access this database. Average total compensation, which includes bonuses, is double that at $1,130,500. We are an independent organisation, acting in the best interests of our valued clients. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong .
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