raffles family office salary

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. 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. 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. Raffles Family Office is a private company. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Operating Status Active. 1 East 3rd Ring Middle Road, Chaoyang District, Beijing. 2,890 Family Office jobs available in Marina Terminal on Indeed.com. Hence, how much investable asset does a family need to have in order to make setting up a family office worthwhile? Posted 7:18:56 PM. Every effort is made to keep the website up and running smoothly. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment Powered by Standfirst. The investment will be used by Lightnet to carry out its existing operations as well as accelerate the development of its products and tools. That will attract more talent. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Raffles Family Office Portfolio Investments, Raffles Family Office 9 October 2018 . The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Raffles Family Office Makes Senior Hire - finews.asia Mendefinisikan dan Mempertahankan Warisan, Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 1 Raffles Family Office reviews. 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 . Private Equity 2. We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. Raffles Family Office on LinkedIn: Budget 2023: Tax incentive for 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. Raffles Family Office | 14,643 followers on LinkedIn. A Family Office will achieve better returns on investments due to reduced investing costs. Apply for Raffles Family Office jobs today. Get a free, personalized salary estimate based on today's job market. Singapore's FY2023 Budget Statement has introduced a new Philanthropy Tax Donation Scheme for Family Offices, and we welcome this development. RAFFLES FAMILY OFFICE PTE. LTD. hiring Senior Relationship Manager in 1. You need at least a Premium Subscription to read this article. 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). We understand every clients need is unique, therefore our solutions are all tailor-made. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. As agreed, Huobi Tech will support operational . The two were among 10 investors committing 130 million to the Paris-based group. Join our expanding team in Hong Kong, Singapore, Taipei and Shanghai. 110 Raffles Family Office Jobs, Employment November 9, 2022 | Indeed.com The cost of operating a single-family office can easily add up to 1.5 million USD per year. Having problems. With a family office, the same advisors can work to align the direction for all family members. 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 platform encompasses trusts, insurance, family governance frameworks, as well as tax, immigration, philanthropy and sustainable-investing advice. We have no control over the nature, content and availability of those sites. Posted 14 days ago. The new platform is intended for ultra-high net worth individuals who have existing holdings or are interested in digital assets. The McNally Capital, Botoff Consulting, and Mack International study surveyed 152 family offices for its findings. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. 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. We are an independent organisation, acting in the best interests of our valued clients. Raffles Family Office (RFO) provides bespoke family offices, asset protection and wealth management solutions to Ultra High Net Worth Individuals and families across generations. contact. Sign up to get notified as soon as new Raffles Family Office jobs are posted. Know Your Worth. Raffles Family Office, founded in Hong Kong in 2016, currently has a headcount of about 60. Tags: Asian Private Banker , Read More October . Company reviews. 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). A free inside look at company reviews and salaries posted anonymously by employees. Raffles Family Office: Thriving and Expanding Rapidly in Asia and This material is provided for informational purposes only, it does not constitute an offer to sell, or a solicitation or an offer to buy. Upload your resume. Get a free, personalized salary estimate based on today's job market. Family Capital: registered office - 7175 Shelton Street, Covent Garden, London WC2H 9JQ United Kingdom. Invus and Boxer Capital have invested in Abivax, a biotech group. 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. 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. 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 Family Office (Raffles FO) has made a strategic investment in Singapore-based fintech firm Lightnet Group. 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. Raffles Family Office jobs - February 2023 | jobsDB 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 appoints industry veteran as deputy CEO. RAFFLES FAMILY OFFICE PTE. 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. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. 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. For Raffles Ambassadors inquiries Tel: 1 (877) 232-7070 (Canada/USA) or +1 (506) 877-3093 (International) 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. 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. 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. Professional service fees accounting, tax & legal, advisors, insurance, and security. Raffles Family Office Overview | SignalHire Company Profile Get the latest stories as they happen: Free & daily e-mail alerts from finews.asia. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. 60 seconds with Raffles Family Office's William Chow 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Internal operating costs salaries and employment benefits, overhead, technology, and telecoms. This field is for validation purposes and should be left unchanged. 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. Raffles offers well-being spa, family or business stays through its meeting rooms. Primary We are currently seeking Relationship Manager responsible for Greater China market, based in Singapore. This next-generation platform is built on Raffles FO's expertise and track record in servicing the UHNW . He then moved to Singapore to open the office there in October 2018, since . He joins the multi-family office from DBS, where he was a senior director at its private bank. For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Register for free articles or subscribe for full access. All Rights Reserved. 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. Primary Responsibilities . See what employees say it's like to work at Raffles Family Office. $6,000 - $13,000 per month. 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. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Nothing on this website should be considered as granting any licence or right under any trademark of ours, our licensor, or any third party. 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. Direct family expenses - residences, philanthropy, art or other collections, travel, administration, consumption, and taxes. The Cost of Complexity, The Cost of a Single-Family Office - Raffles 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. 110 Raffles Family Office jobs available on Indeed.com. 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 FAMILY OFFICE PTE. Raffles Family Office | LinkedIn Primary Responsibilities . Senior Relationship Manager. 43 Raffles Family Office jobs available in Raffles on Indeed.com. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The thoughtful, welcoming, graceful and charming hospitality they provide sets us . The average base salary is $919,400, and the average total compensation is $2,370,100 for these bigger family offices. But the tiers up from these smaller family offices all reported higher total compensation levels as assets under management grew. Raffles Family Office is a multi-family office and independent asset manager. Newsroom - Raffles Family Office Ltd. jobs available on Indeed.com. Where. The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. You will need a Premium Plus Subscription to access this database. The information contained in this website is for general information purposes only. Working at Raffles Family Office | Glassdoor 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 . overview - Raffles Hotels and Resorts - Luxury Hotels & Resorts 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. Sign in. 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. For those CIOs working at $1 billion-plus family offices pay packages were bigger . 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. Decarbonisation efforts can often be expensive and involve long-term commitment. . Employers / Post Job. Verify your email to use filters. 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. Sign in. Filter your search results by job function, title, or location. Raffles Family Office - Apps on Google Play 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 . Family Office jobs in Hong Kong | Careerjet 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. Phone Number +852 3108 8700. 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. Prev The Change that is Family Office. The content of this website is the sole property of Raffles Family Office Limited and is protected by copyright. Join now Sign in Raffles Family Office's Post Raffles Family Office 15,071 followers . Raffles Family Office Careers and Jobs (2022) - Web3 Jobs With this app, you will be able to access Raffles office, business insights, schedule tours for site visits and a whole lot more. Stay up to date with new jobs that match what you are looking for. Posted 15 days ago. 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. 'Given the volatility of the asset class . +65 66796226. 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. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. 2. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership . The top 10% of earners got paid an average base salary of $750,000 and an average total compensation of $1,336,000. There are no open jobs for this combination of filters, please try again. Raffles Family Office jobs in Raffles - Indeed Average total compensation of the top 10% earners in the survey is $1,520,000. The Relevance of Family Office - rafflesgroup.co Through this website you are able to link to other websites which are not under the control of Raffles Family Office Limited. 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. 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. 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. 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. Job Type. 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. Jobs People Learning Dismiss Dismiss. Find jobs. This website uses cookies, particularly for site maintenance purposes and to collect technical information on website utilisation. Our talented people play the most critical role in delivering emotional luxury to our guests. 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. Read employee reviews and ratings on Glassdoor to decide if Raffles Family Office is right for you. 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 has launched Revo Digital Family Office (Revo DFO), a new platform that allows ultra-high net worth (UHNW) families to invest in digital assets. . Raffles FO taps Huobi Tech to set up digital asset investment platform