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.. 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. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . 1. 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. Prev The Change that is Family Office. 1 Raffles Family Office reviews. 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. Menu. 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. A Family Office will achieve better returns on investments due to reduced investing costs. P-Serv is growing our family, and we are looking for talents to be a part of our team! Full-time (69) Permanent . 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. 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. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. Verify your email to use filters. 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). This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. William Chow, Hong Kong-based deputy group CEO Raffles Family Office, who was a mathematics buff at school, names Ray Dalio, . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. Find jobs. P-Serv is growing our family, and we are looking for talents to be a part of our team! Raffles Family Office (RFO) is a Multi-Family Office headquartered in Hong Kong, and with bases now in Singapore, Taipei, and Zurich. 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. new. Ten years ago, Family Capital was asked to write a story about Chinas family office sector. Because we work exclusively with wealthy families and individuals, we understand their unique wants and needs. 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. Raffles Family Office (Raffles FO) has entered into a cooperation agreement with Huobi Technology Holdings (Huobi Tech) to establish a digital asset investment platform. 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. 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. Powered by Standfirst. Salary Estimate. 'Given the volatility of the asset class . 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 . That means there is less concern that outside companies and staff will view family data. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Know Your Worth. Let us dive into that here. Connect with us for the latest news . 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 . 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! 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. Bachelor's Degree (19) Phone Number +852 3108 8700. 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. Exclusive news, analysis and research on global family enterprise and private investment offices. Learn about Raffles Family Office careers in 2022 and explore blockchain and crypto jobs at other Web3 companies. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . Raffles Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. 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. To connect with Raffles Family Office employee register on SignalHire. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. Jobs People Learning Dismiss Dismiss. Know Your Worth. Choose a different language and keep reading other reviews. Average total compensation of the top 10% earners in the survey is $1,520,000. 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. 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 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 The information contained in this website is for general information purposes only. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Introducing Private Placement Life Insurance (PPLI). Stay up to date with new jobs that match what you are looking for. $6,000 - $13,000 per month. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. 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. . That will attract more talent. 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). He joins the multi-family office from DBS, where he was a senior director at its private bank. 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. 3. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. Tags: Asian Private Banker , Read More October . 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. Raffles Family Office has appointed Marvin Koh as managing director for relationship management, the firm announced in a LinkedIn post on Tuesday. 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. The Ultimate Job Interview Preparation Guide. 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. 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. You will need a Premium Plus Subscription to access this database. 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 . Raffles Family Office is a private company. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 68 Zhongxiao E. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . Responsible for Normal Operations of Medical Clinic, Registration of Patients, Dispensing of Medications. . 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. Each family member may have an independent advisor and working towards conflicting goals. Here, CEOs were paid an average base salary of $432,600 and a total compensation of $491,800. We couldn't find the job you were looking for. 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. Use the CB Insights Platform to explore Raffles Family Office's full profile. Salaries, reviews, and more - all posted by employees working at Raffles Family Office. 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. 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. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. Posted 14 days ago. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. Deutsche Bank Mulled Buying Parts of Credit Suisse, Credit Suisse Hires Ex-UBS Taiwan Private Banker. All Rights Reserved. "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, 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. KEY NOT FOUND: ei.filter.lock-cta.message. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. Member Functions. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Having problems. We have the network to get certain deals (private equity, alternatives) on the table and our network will only get bigger. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Raffles Family Office | 14,643 followers on LinkedIn. With a family office, the same advisors can work to align the direction for all family members. The information contained in this website is for general information purposes only. Highly experienced and solely driven by client objectives, the team offers exceptionally informed and strictly unbiased counsel and support. Job Type. We couldn't find the job you were looking for. There are currently no open jobs at Raffles Family Office listed on Glassdoor. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. For those CEOs working at $1 billion-plus family offices, the compensation levels were considerably higher. He then moved to Singapore to open the office there in October 2018, since . 1 Raffles Family Office reviews. 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). Access to private information, wealth management, and advisory services is controlled and central. 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. Posted 7:18:56 PM. Employers / Post Job. Not only that, but total compensation levels at US family offices should look enticing to those in other parts of the financial/business world. Every effort is made to keep the website up and running smoothly. While disinflation should produce moderation, conditions to allow a Fed pause are not yet in place. Dismiss. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Company reviews. Get a free, personalized salary estimate based on today's job market. 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 . Operating Status Active. You need at least a Premium Subscription to read this article. We are purpose-driven. RAFFLES FAMILY OFFICE PTE. As agreed, Huobi Tech will support operational . The company currently specializes in the Financial Services area. Any reliance you place on such information is therefore strictly at your own risk. Apply for Raffles Family Office jobs today. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. Investor Type Family Investment Office. This employer has not claimed their Employer Profile and is missing out on connecting with our community. contact. 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. 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.
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