ABOUT RFO
Growing legacies and building a better future with families by realising tomorrow's vision today
OUR VISION
Our STORY
The Decade Before, A Century Beyond
Family Office Advisory
Legacy Planning
Our story begins with a vision – to shape the future together with you, our clients, the history-makers across generations. With this drive, we have grown over the past decade into Asia’s leading multi-family office, dedicated to providing a comprehensive suite of family office advisory, legacy planning, and investment management services that is tailored for ultra-high-net-worth individuals and families.
Our integrated platform pairs independence with expert advisory across a wide spectrum of asset classes. The aim is to provide you with access to an extensive global network of top-tier financial institutions – carefully curated to deliver truly bespoke solutions that address your increasingly complex needs.
With dual headquarters in Hong Kong and Singapore, RFO’s strategic presence spans across Asia’s gateway cities, including Shanghai, Beijing, Taipei, and Bangkok.
OUR STRENGTH
Safeguarding Your Family's Legacy
OUR TEAM
Strategic Leadership
Raffles Family Office delivers expertise tailored to your unique needs and long-term vision. Our bespoke solutions are designed for lasting impact, ensuring wealth management that aligns with the bigger picture across a full suite of services. Central to our team is the belief in cultivating strong, enduring relationships. Meet the people dedicated to safeguarding your assets and securing your legacy.
Strategic Leadership
Group Chief Executive Officer
Group Chief Executive Officer, Raffles Family Office
Chi Man Kwan
Chi Man Kwan is the Group Chief Executive Officer at Raffles Family Office, the leading multi-family offices in Asia. RFO provides tailored wealth management and preservation solutions to ultra-high net worth individuals. As Group CEO, Chi Man is responsible for driving the company's strategic development and implementation. He led the company's expansion across Asia, establishing a strong presence in pivotal Asian cities, including Hong Kong, Singapore, Bangkok, Beijing, Shanghai and Taipei. Prior to founding RFO, Chi Man had amassed a wealth of experience in the private banking sector at institutions such as BNP Paribas and Standard Chartered. Additionally, he is the founder and current Chairman of the Family Office Association Hong Kong, a crucial platform facilitating dialogue between the family office industry, government agencies, and regulatory bodies. Chi Man is also the President of the Hong Kong–Singapore Business Association. He currently serves as the adjunct associate professor in the Faculty of Business and Economics of the University of Hong Kong. Chi Man earned his Executive MBA from the Tsinghua-INSEAD joint-programme. He holds a Bachelor's degree in Economics and Business Management from Lancaster University.
Deputy Group Chief Executive Officer
Deputy Group CEO, Raffles Family Office
William CHOW
William Chow is Deputy Group CEO at Raffles Family Office (RFO), a pan-Asian financial advisory firm focused on addressing the wealth growth and preservation needs of ultra-high net worth individuals.
William is based at RFO’s headquarters in Hong Kong and tasked with ensuring the multi-family office continues capitalising on rising demand for independent wealth management services in Asia and beyond. He was also appointed to RFO’s Board of Management and Investment Committee, to which his wide-ranging experience will be key to informing the company’s future development and service expansion plans.
William joins Raffles Family Office from China Life Franklin Asset Management, where he was Deputy CEO and helped oversee the company’s US$35 billion in assets under management. He also chaired its Risk Management Committee and was a member of its Investment Committee and Board of Management.
Prior to this, William was a Group Managing Director at Value Partners Group, one of Asia’s largest asset managers and the first to be listed on the Main Board of the Hong Kong Stock Exchange. Whist there, he headed the firm’s ETF and Quantitative Investment businesses. He was also a member of its Executive Committee.
William additionally brings an extensive portfolio management background with him comprised of senior roles at UBS, BlackRock and State Street Global Advisors, where he oversaw the Tracker Fund of Hong Kong (SEHK: 2800) among others.
William holds a Master’s degree in Science in Operational Research from the London School of Economics and Political Science, and a Bachelor’s degree in Engineering (Hons) in Civil Engineering from University College London in the UK.
Chief Executive Officer, Singapore, Raffles Family Office
CEO, Singapore, Raffles Family Office
Kendrick LEE
Kendrick oversees the firm’s operations, strategic direction, and growth initiatives within the region. Singapore, in tandem with Hong Kong, serves as a pivotal dual engine propelling Raffles Family Office’s growth and prosperity. From this key hub, Kendrick spearheads the firm’s expansion and client service initiatives across the paramount Southeast Asian markets. He collaborates closely with the executive team to devise and implement the firm’s vision, objectives, and growth strategies meticulously calibrated to the idiosyncratic requirements of the Singapore market and the more extensive Southeast Asian region.
Prior to his current responsibilities, Kendrick was instrumental in establishing Raffles Family Office’s presence and capabilities in Singapore and Southeast Asia. He managed and expanded the firm’s four business pillars that include: Independent Asset Management, Bespoke Wealth Solutions, Investment Structure Advisory, and Risk and Resilience Services. Under his leadership, the firm achieved significant growth in AUM and revenue, solidifying its position at the forefront of the wealth management industry.
Before co-founding Raffles Family Office, Kendrick built an impressive career in the private banking sector spanning over 15 years. He held various senior roles at prestigious institutions including Pictet, CIC and Indosuez, where he specialized in serving the complex investment and succession planning needs of ultra-high net worth clients across Thailand, Indonesia and Singapore. Kendrick earned his Bachelor of Science in Management from the University of Manchester while also proudly representing Singapore as a member of the national badminton team.
Chief Executive Officer, Revo Digital Family Office
CEO, Revo Digital Family Office
Ray TAM
As Co-Founder of Raffles Family Office, Ray plays a pivotal role in shaping the firm's long-term strategic direction. He has led key growth initiatives, driving business expansion and innovation.
Recognizing the underserved demand in the digital assets space, Ray spearheaded the creation of Revo Digital Family Office and serves as its CEO. As a dedicated digital asset brand under RFO, Revo is Asia’s first digital multi-family office. Ray envisions Revo as a transformative force in wealth management, delivering tailored digital asset solutions for ultra-high-net-worth individuals and families, so that they can confidently grow, secure and pass on their wealth in a rapidly changing financial world.
Ray has over 15 years of experience in private banking and leadership, having held senior positions at BNP Paribas and Standard Chartered Bank, where he managed global multi-asset portfolios for numerous Asian and European families of international renown.
Managing Partner & CIO, Revo Digital Family Office
Managing Partner & CIO, Revo Digital Family Office
Zann KWAN, CFA
Zann KWAN, CFA, is Managing Partner, Chief Investment Officer of Revo Digital Family Office, the first-of-its-kind platform in Asia that enables ultra-high net worth families to access and invest in digital assets via a proprietary wealth management platform.
Kwan’s role as a crypto-native and finance professional demonstrates the firm’s continued commitment to serving the needs of both traditional and digital asset wealth holders through an ecosystem with access to digital assets and its peripheral products.
Kwan brings more than twenty-eight years of professional and financial services experience, in which twelve of those have been dedicated to the digital assets space. Kwan co-founded Bitcoin Exchange Pte Ltd, the company behind the first public bitcoin machine and over-the-counter exchange in Asia in 2014, as well as virtual asset service provider Deodi Pte Ltd.
Before her foray into digital assets, she was with GIC, one of the world’s largest sovereign wealth funds. Prior to that, she spent a decade in New York City with Andersen, KPMG and a family office.
Being a sought after thought leader in the digital asset industry, Kwan has been on the board of ACCESS for more than a decade. ACCESS is the leading blockchain and cryptocurrency industry association in Asia. She is also a board member of CFA Society of Singapore.
Kwan is one of the first finance and accounting trained entrepreneurs in the cryptocurrency space. She has played an instrumental role in the development of tax regulations on digital tokens in Singapore, advising IRAS, Singapore’s tax authority, in the nascent years. She is also part of the ACCESS consultation group to formulate the code of practice for the cryptocurrency industry in Singapore. She has been called the "Crypto Queen" by the Accounting and Business Magazine by ACCA in 2019 for her contribution in the space. She is also frequently interviewed by the likes of Bloomberg, Reuters, Nikkei and Channel News Asia.
Investment Experts
Deputy Group Chief Executive Officer
Deputy Group CEO, Raffles Family Office
William CHOW
William Chow is Deputy Group CEO at Raffles Family Office (RFO), a pan-Asian financial advisory firm focused on addressing the wealth growth and preservation needs of ultra-high net worth individuals.
William is based at RFO’s headquarters in Hong Kong and tasked with ensuring the multi-family office continues capitalising on rising demand for independent wealth management services in Asia and beyond. He was also appointed to RFO’s Board of Management and Investment Committee, to which his wide-ranging experience will be key to informing the company’s future development and service expansion plans.
William joins Raffles Family Office from China Life Franklin Asset Management, where he was Deputy CEO and helped oversee the company’s US$35 billion in assets under management. He also chaired its Risk Management Committee and was a member of its Investment Committee and Board of Management.
Prior to this, William was a Group Managing Director at Value Partners Group, one of Asia’s largest asset managers and the first to be listed on the Main Board of the Hong Kong Stock Exchange. Whist there, he headed the firm’s ETF and Quantitative Investment businesses. He was also a member of its Executive Committee.
William additionally brings an extensive portfolio management background with him comprised of senior roles at UBS, BlackRock and State Street Global Advisors, where he oversaw the Tracker Fund of Hong Kong (SEHK: 2800) among others.
William holds a Master’s degree in Science in Operational Research from the London School of Economics and Political Science, and a Bachelor’s degree in Engineering (Hons) in Civil Engineering from University College London in the UK.
Head of Investment Advisory
Head of Investment Advisory, Raffles Family Office
Sky KWAH
Sky has over a decade of work experience in the investment industry with his last
stint at DBS Private Bank. He has received multiple awards over the years, and
consistently ranked among the bank’s top investment advisors. He currently leads a
team overseeing client portfolios, group-wide asset allocation, and investment
strategy.
He currently leads and oversees a team of investment advisory professionals
responsible for client portfolios, group-wide asset allocation, and investment strategy.
Sky manages diversified investment portfolios across multiple private banking and
investment platforms, serving exclusively UHNW multi-generational private families.
His expertise spans a wide range of asset classes, including equities, fixed income,
FX, derivatives and alternatives such as private debt and hedge funds.
Sky holds a Bachelor of Commerce degree with a triple major in Financial
Accounting, Investment Finance, and Corporate Finance from the University of
Western Australia.
Head of Equities
Head of Equities, Raffles Family Office
Derek LOH
As Managing Director, Head of Equities at Raffles Family Office, Derek Loh leads the construction and management of bespoke investment strategies in Public Equities across both discretionary and advisory client portfolios. He brings over two decades of banking and finance experience, including 18 years in asset management, from leading global investment banks and asset management firms, spanning across Hong Kong, Singapore, and Tokyo. Derek is known for his deep market and industry expertise and analysis, with a strong emphasis on fundamentals and portfolio risk management.
Prior to joining Raffles Family Office, Derek held senior investment roles at several leading asset management firms in Hong Kong where he advised and/or managed multi-billion-dollar global investments across both public and private investments on behalf of institutional investors, including global sovereign wealth funds, institutions and UHNWs.
Derek holds an Executive MBA from the Kellogg School of Management and HKUST. He is also a Certified Public Accountant (CPA).
Fixed Income
Deputy Group CEO, Raffles Family Office
William CHOW
William Chow is Deputy Group CEO at Raffles Family Office (RFO), a pan-Asian financial advisory firm focused on addressing the wealth growth and preservation needs of ultra-high net worth individuals.
William is based at RFO’s headquarters in Hong Kong and tasked with ensuring the multi-family office continues capitalising on rising demand for independent wealth management services in Asia and beyond. He was also appointed to RFO’s Board of Management and Investment Committee, to which his wide-ranging experience will be key to informing the company’s future development and service expansion plans.
William joins Raffles Family Office from China Life Franklin Asset Management, where he was Deputy CEO and helped oversee the company’s US$35 billion in assets under management. He also chaired its Risk Management Committee and was a member of its Investment Committee and Board of Management.
Prior to this, William was a Group Managing Director at Value Partners Group, one of Asia’s largest asset managers and the first to be listed on the Main Board of the Hong Kong Stock Exchange. Whist there, he headed the firm’s ETF and Quantitative Investment businesses. He was also a member of its Executive Committee.
William additionally brings an extensive portfolio management background with him comprised of senior roles at UBS, BlackRock and State Street Global Advisors, where he oversaw the Tracker Fund of Hong Kong (SEHK: 2800) among others.
William holds a Master’s degree in Science in Operational Research from the London School of Economics and Political Science, and a Bachelor’s degree in Engineering (Hons) in Civil Engineering from University College London in the UK.
Head of Private Equity
Head of Private Equity, Raffles Family Office
Ms. Jo HUANG, CFA
Ms. Huang brings in 20 years of experience in the financial industry, encompassing a solid 16 years of experience in private equity across multiple markets.
Jo led the private market investment department of PICC Asset management Hong Kong and was one of the company’s investment committee team members for 4 years. Prior to that, she served as Investment Director at GF Investments Hong Kong for 3 years. Prior to GF, she was a Principal at Excelsior Capital Asia for 7 years, a leading international growth capital private equity firm with reputable institutional LPs including US and European pension funds, university funds and insurance companies.
Prior to her private equity career, she has worked in Credit Suisse Hong Kong Equities Research and Fixed Income Research with Commonwealth Bank Australia in Sydney.
Jo is a CFA charter-holder. She holds a Master of Management in Finance from Macquarie Graduate School of Management and a Master of Information Technology from University of Sydney.
Head of Foreign Exchange
Head of Foreign Exchange, Raffles Family Office
Benn NG
Benn Ng is Head of Foreign Exchange at Raffles Family Office, where he leads the firm’s initiatives in Singapore to support ultra-high-net-worth individuals (UHNWIs) in establishing and managing Single Family Offices. With over three decades of experience in financial markets and wealth management, Benn brings deep expertise in FX, derivatives, and alternative investments.
Before joining Raffles Family Office in 2019, Benn held senior leadership roles across global banks including Indosuez Wealth Management, CIC, ABN AMRO, Citibank, and UBS, where he specialized in FX trading, structured solutions, and revenue growth strategies. His leadership helped drive significant regional FX revenue growth and innovative client solutions.
Benn is a passionate advocate for Singapore’s role as a premier hub for External Asset Management. He also serves as an IBF-qualified trainer in private banking and holds multiple advanced degrees, including Master's qualifications from NYU Stern, Imperial College London, and Nanyang Technological University.
With a mission to elevate wealth management standards in Asia, Benn continues to advise UHNW clients on optimal structures for their family offices, utilizing vehicles such as VCCs and trusts.
Head of Structured Investments
Head of Structured Investments, Raffles Family Office
Julien GRUNEBAUM
As Head of Structured Investments at Raffles Family Office, Julien Grunebaum spearheads the development, build-out, and distribution of bespoke cross-asset investment solutions across both discretionary and advisory strategies. A recognized structured products solutions expert, Julien drives internal distribution and significantly strengthens the group’s overall investment capabilities, ensuring that Raffles Family Office remains at the forefront of market innovation.
Under his dynamic leadership, Julien has been instrumental in establishing the Structured Investments department. His strategic initiatives have secured direct access to over 20 investment banks and led to the implementation of a cutting-edge platform that enables real-time pricing. These advancements have contributed to a remarkable 55-fold increase in turnover and a substantial improvement in Return on Assets (ROA).
Prior to joining Raffles Family Office, Julien spent close to a decade in leadership roles at top global investment banks, where he built deep expertise in product innovation and client advisory. This extensive background has established him as a key high-achiever in the industry.
Wealth and Legacy Planning
Wealth and Legacy Planning, Raffles Family Office
Candy ZHOU
Candy Zhou is an accomplished wealth management professional with over a decade of experience across multiple financial sectors, including banking, independent financial advisory, and insurance. Throughout her career, Candy has worked in prominent financial hubs such as Singapore, Hong Kong, and Shanghai, building a reputation for delivering bespoke wealth management solutions to high-net-worth individuals.
At Raffles Family Office, Candy specialises in crafting customised wealth transfer and preservation strategies, collaborating with top global financial institutions and insurers to provide comprehensive and compliant solutions. Her expertise lies in addressing complex cross-border financial and legacy planning needs, ensuring the seamless execution of strategies that meet the specific requirements of her clients.
Bangkok
26/F, Gaysorn Tower, 127 Ratchadamri Road,
Lumpini, Pathumwan,
Bangkok 10330
+66 2073 0218
Shanghai
2901-02, 29/F, Jinmao Tower, 88 Century Avenue,
Pudong New District, Shanghai
+86 21 2056 7288
Taipei
9/F, No. 1, Songzhi Road, Xinyi District, Taipei City 110,
Taiwan (R.O.C.)
+886 2 2722 8001
Bangkok
26/F, Gaysorn Tower, 127 Ratchadamri Road, Lumpini, Pathumwan, Bangkok 10330
+66 2073 0218
Shanghai
2901-02, 29/F, Jinmao Tower, 88 Century Avenue, Pudong New District, Shanghai
+86 21 2056 7288
Taipei
9/F, No. 1, Songzhi Road., Xinyi District, Taipei City 110, Taiwan (R.O.C.)
+886 2 2722 8001
Bangkok
26/F, Gaysorn Tower, 127 Ratchadamri Road,
Lumpini, Pathumwan,
Bangkok 10330
+66 2073 0218
Shanghai
2901-02, 29/F, Jinmao Tower, 88 Century Avenue,
Pudong New District, Shanghai
+86 21 2056 7288
Taipei
9/F, No. 1, Songzhi Road, Xinyi District, Taipei City 110,
Taiwan (R.O.C.)
+886 2 2722 8001
Our Locations
Raffles Family Office has dual headquarters in Hong Kong and Singapore, with representative offices in key cities across Asia. Our rich heritage and strong network solidifies our investment expertise, positioning us as a trailblazer in the Asian family office landscape.
Bangkok
+66 2073 0218
Beijing
Shanghai
+86 21 2056 7288
Taipei
+886 2 2722 8001