RAFFLES FAMILY OFFICE PTE. LTD. - Monetary Authority of Singapore Bachelor's Degree (19) For chief investment officers, the annual average base salary for all single-family offices is $401,600, and average total compensation is $810,800. Posted 15 days ago. Tags: Asian Private Banker , Read More October . Apply to Communications Consultant, Chief Executive Officer, Event Specialist and more! Post-IPO Funding 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. Comparing the use of Singapore VCC, Hong Kong LPF and Cayman SPC structure from the lens of family office, legal and tax professionals. 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. The top 10% of earners in the job category can earn more than $1 million annually. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. Choose a different language and keep reading other reviews. Primary Responsibilities We are currently seeking Relationship Manager, based in Singapore. We are purpose-driven. RAFFLES FAMILY OFFICE PTE. It launched its China joint venture withwealth management fintech platform iFastin October 2019 to target Chinese ultra-high net worth individuals onshore needs. 68 Zhongxiao E. Know Your Worth. Defining and defending legacies | Raffles Family Office (RFO) is an award-winning multi-family office with a full suite of wealth management . 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 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 couldn't find the job you were looking for. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Know Your Worth. 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. Ltd. jobs available on Indeed.com. Having problems. Download Raffles Family Office's Investment Outlook Report 2023: https://lnkd.in/gTwNy5QB #familyoffice #rafflesfamilyoffice #2023outlook #uncertainties #diversification #investment Stay up to date with new jobs that match what you are looking for. Multi Family Office | Independent Asset Management MyCareersFuture Singapore Raffles Family Office jobs - February 2023 | jobsDB 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. We specialise in asset management and legacy planning. Hong Kong's Raffles Family Office launches Asia's first multi-family #familyoffice 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. 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 transparency, can create openness, and help to avoid future misunderstandings and disputes within the family. 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. The Raffles Family Office annual revenue is estimated at < 1M. Verify your email to use filters. 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. Working at Raffles Family Office | Glassdoor Raffles Family Office | 14,752 followers on LinkedIn. Raffles Family Office Makes Senior Hire - finews.asia The thoughtful, welcoming, graceful and charming hospitality they provide sets us . Salary guide. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Raffles Family Office | LinkedIn The fee may vary according to the amount of assets we must advise as well as the amount of work required. 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. He joins the multi-family office from DBS, where he was a senior director at its private bank. 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. Family Office/IAMs/EAMs; APAC FOs boost AUM in 2021, stick to PE deals, keen on crypto: Campden Wealth . 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. The needs of every family is unique, therefore the services a Multi-Family Office provides may vary. Salary Estimate. There are operational costs, the salaries of professionals in various asset classes, compliance officers and legal counsels to take into account for. 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). 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. 1 Raffles Family Office reviews. Raffles FO to offer 50-100% salary bump to attract senior bankers and grow AUM to US$10B. Dismiss. 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. Headquarters Regions Asia-Pacific (APAC) Founders Chi-man Kwan, Ray Tam. Raffles Family Office opens new and expanded global - InvestHK 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. 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 . 9 February 2022. And a senior analyst is paid an annual average basic salary of $152,100 and a total compensation of $238,500. 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. 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. With a family office, the same advisors can work to align the direction for all family members. Licenced by SFC Type 1, 4 & 9 & MAS Capital Market Services. We are an independent organisation, acting in the best interests of our valued clients. Use the CB Insights Platform to explore Raffles Family Office's full profile. The information contained in this website is for general information purposes only. 2. 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 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 opens new and expanded global headquarters and single-family office incubator in Hong Kong . 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. Raffles Family Office | LinkedIn 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. Interestingly, those compensation levels were higher than the next tier up family offices, those with assets of between $100 million and $299 million. For those CIOs working at $1 billion-plus family offices pay packages were bigger. 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. 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