Average total compensation, which includes bonuses, is double that at $1,130,500. Every effort is made to keep the website up and running smoothly. 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. 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. 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. 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. Job Type. Skip to main content Book with Confidence : Flexible cancellation and safety protocols. The Ultimate Job Interview Preparation Guide. Hong Kong-based Raffles Family Office (Raffles FO) announced Thursday the launch of Revo Digital Family Office (Revo DFO), the first-of-its-kind in Asia that enables ultra-high net worth (UHNW) families to access and invest in digital assets from a consolidated wealth management platform.. 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. 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. We understand our clients needs and develop tailored solutions for them. KEY NOT FOUND: ei.filter.lock-cta.message. Skip to main content. For those CIOs working at $1 billion-plus family offices pay packages were bigger . 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. We have no control over the nature, content and availability of those sites. Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. Raffles Family Office opens new and expanded global headquarters and single-family office incubator in Hong Kong . Filter your search results by job function, title, or location. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. 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. #familyoffice 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. 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. As a result, the magic number is to have a liquidity of US$100 million. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. 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). 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. (HK) Co. Ltd and Raffles Family Office Pte Ltd in Singapore is strictly prohibited. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. Date Posted. P-Serv is growing our family, and we are looking for talents to be a part of our team! Portfolio managers earn an average annual base salary of $184,700 and a total compensation of $414,300. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. 9 February 2022. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . 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). In future, we will have our own Finance department so we can even do financing in-house. Sign in. 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. 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 fee may vary according to the amount of assets we must advise as well as the amount of work required. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. Stay up to date with new jobs that match what you are looking for. A free inside look at company reviews and salaries posted anonymously by employees. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. Filter your search results by job function, title, or location. 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. Connect with us for the latest news . Let us dive into that here. A Family Office will achieve better returns on investments due to reduced investing costs. Internal operating costs - salaries and employment benefits, overhead, technology, and telecoms. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. 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. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . Raffles Family Office appoints industry veteran as deputy CEO. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Will family offices pay huge fees to gain access to the best hedge fund strategies? Salaries, reviews, and more - all posted by employees working at Raffles Family Office. $6,000 - $13,000 per month. Employers / Post Job. We never tire of celebrating the women in our business. 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. Raffles Family Office (RFO) is a multi-family office providing bespoke asset protection and wealth management solutions to High Net Worth Individuals and families across generations. Verify your email to use filters. That means there is less concern that outside companies and staff will view family data. 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. 1 Raffles Family Office reviews. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. 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 Direct family expenses residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. A well-established Multi-Family Office with an excellent reputation is looking to hire a Relationship Manager to expand their regional presence. 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. 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. 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. 1. Time is often the most valuable asset and our firm can help to make the most of their time. 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. Prev The Change that is Family Office. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Senior Relationship Manager. 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. Access to private information, wealth management, and advisory services is controlled and central. Meet & Greet - Connect with like-minded individuals and companies within the Community. Tags: Asian Private Banker , Read More October . The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. The Raffles Family Office App enables creators and entrepreneurs to access our eco-system. 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. Primary Responsibilities . 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 . And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. Raffles Family Office charges an annual management fee for overseeing your family's assets with a minimum . 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. Sign in. This was notably higher than the global average of 28%, although the mood was one of caution. Glassdoor has 1 Raffles Family Office reviews submitted anonymously by Raffles Family Office employees. 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. 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. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Know Your Worth. 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. We couldn't find the job you were looking for. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. For 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 is a multi-family office and independent asset manager that specializes in asset management, wealth management and legacy planning. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. 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. 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. 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 . Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. 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. Member Functions. Raffles Family Office is a multi-family office and independent asset manager. Powered by Standfirst. Raffles Family Office | 14,752 followers on LinkedIn. He joins the multi-family office from DBS, where he was a senior director at its private bank. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. This field is for validation purposes and should be left unchanged. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Find jobs. 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. Designed by Interconnect. 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. The Raffles Family Office annual revenue is estimated at < 1M. Senior Relationship Manager. . The ultimate goal is to protect, grow and transfer their wealth on to the next generation and generations to come. The team is staffed by seasoned experts, all of whom are reputable leaders in their respective fields. Advertisement. We have no control over the nature, content and availability of those sites. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. 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. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. 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. 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. contact. You need at least a Premium Subscription to read this article. Bachelor's Degree (19) This transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. 2. by Michelle Ng 17 October 2022. Sign up to get notified as soon as new Raffles Family Office jobs are posted. Choose a different language and keep reading other reviews. With a family office, the same advisors can work to align the direction for all family members. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. Discover New Possibilities at Raffles Family OfficeAt Raffles, we are people first, people who canSee this and similar jobs on LinkedIn. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Stay up to date with new jobs that match what you are looking for. Thank you, all, for your leadership, hard work and dedication. This employer has not claimed their Employer Profile and is missing out on connecting with our community. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. We are an independent organisation, acting in the best interests of our valued clients. Jobs People Learning Dismiss Dismiss. Post-IPO Funding Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. For chief compliance/risk officer positions at family offices, the average base salary is $223,400 and average total compensation was $339,100. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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