Tom Kim’s Post

Evolving Purpose: A Reflection on My 28 years Journey in Financial Services Greetings LinkedIn family! 👋 During a recent trip to my hometown, I found myself standing in the shop house where my parents and I once toiled together in their life insurance agency business. This nostalgic visit sparked profound reflections on who I am and why I've chosen the path I walk. From 1996 to 2000, I played a pivotal role in building my father's life insurance business until a merger reshaped our trajectory. My father, a stalwart entrepreneur who initiated this venture in 1975, held onto his contract until his final days in 2020. In 2001, armed with the knowledge gained from completing my ChFC course, I set forth into the realm of independent financial advisory. The pivotal moment came in 1998 at the #MDRT annual meeting in Chicago, where insights from U.S. and U.K. financial planners fueled my inspiration for financial planning. Fast forward to 2024, I find myself in the Global Financial Center, contributing to Singapore's #LargestIFA firm, marking the 28th year since I started this journey with my parents and the 15th year in Singapore. The question haunting me: Has my #WHY and #Purpose remained steadfast since 1996 when I embarked on this journey? I've concluded that my BIG WHY remains unaltered - 𝘁𝗼 𝘀𝗲𝗿𝘃𝗲 𝘁𝗵𝗼𝘀𝗲 𝘄𝗶𝘁𝗵 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝘂𝘀 𝗱𝗿𝗲𝗮𝗺𝘀, 𝗮𝗶𝗱𝗶𝗻𝗴 𝘁𝗵𝗲𝗺 𝗶𝗻 𝗮𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗮𝘀𝗽𝗶𝗿𝗮𝘁𝗶𝗼𝗻𝘀. In 1996, my WHY was to assist my parents in running their agency, envisioning a worry-free retirement for them. In 2024, my WHY (To Serve) has expanded: ✴ To serve my organization by constructing a robust platform for our consultants. ✴ To serve consultants by fostering opportunities through digital marketing and business development initiatives. ✴ To serve leaders in my organization by cultivating a formidable team. ✴ To serve my team members in their career advancement. All these elements converge to serve our clients, ensuring they benefit from the quality and purposeful services provided by our financial consultants. Here's to an ever-evolving purpose and a continued commitment to serving the dreams of others! 🚀 🔍What is your BIG WHY that drives you? Share your purpose in the comments below! 👇 #Tangnology #ChooseIndependent #FinancialServices #PurposeDriven #CareerJourney #Leadership #Reflections

In the high-stakes world of venture capital (VC) and private equity (PE), the success of investments often hinges on the vision, leadership, and expertise of key individuals. These pivotal figures — founders, CEOs, top executives, and key engineers — drive the strategic direction and operational success of portfolio companies. Recognizing their critical role, it becomes imperative for VC and PE firms to safeguard their investments by insuring these key people. Despite the potential cost, the benefits of this insurance far outweigh the expense, making it a prudent and essential investment. #privateequity #venturecapital #VC #PE #keypersoninsurance #lifeinsurance #keyman #keyperson https://lnkd.in/eTe34iiJ

At Accelerant, we're on a mission to revolutionize insurance. In our Employee Perspectives series, we spotlight the people driving this change. Meet Ryan Schiller, our Head of Strategy. Ryan joined the team in January 2021 and has played a pivotal role in capital raising and M&A. He lives in Seattle with his wife, many green plants, and their Prius, affectionately named 'The Beast.' Ryan’s skill set is vast both in the office and in life — he once sang backup for John Mayer! He is excited about the future of insurance, especially the trend towards more specialized underwriting, which he believes favors the smaller players and benefits policyholders. When not at work, Ryan enjoys hiking, backpacking, and serenading his wife in the kitchen. His best advice? "There will never be a better time to take a good risk than now." Learn more about Ryan: https://lnkd.in/g854YnFc #AccelerantTeam #InnovationInInsurance #EmployeeSpotlight

The Australian insurance market offers a wealth of opportunity on the global insurance landscape, enticing foreign insurers with its blend of modernity, potential profitability, and regulatory and legal sophistication. In our latest article, Finity Principals Geoff Atkins and Jacob M. discuss the factors that make Australia an attractive destination for insurers, while also identifying some of the challenges that await those seeking to establish a foothold in this dynamic market. Read our article and learn how Finity can help you: https://lnkd.in/g894-SsH #finity #insurance #insurers #regulation 

Investment in insurance is the bedrock upon which we construct a more secure and resilient society. It shields us from unexpected setbacks, empowers us to take calculated risks, and nurtures a culture of preparedness. 💪🏼 Let's embark on this journey together, creating a future filled with resilience, hope, and confidence. ☂️💕

Global re/insurance group Aspen Insurance Group is walking itself to a planned IPO with little in mind beyond getting itself listed for the sake of future funding opportunities, pre-IPO offer documentation suggested. Read more here: https://ow.ly/Y5pM50Ql0RS #insurance #reinsurance #IPO #global

Don't take my word for it... we can just ask Fortune. ✅ - Overall financial confidence in a time of economic uncertainty ✅ - Leadership is informed and connected to what is happening in their company ✅ - Products/services that are quality AND reliable Sounds pretty cool, right? Shoot me a message and we can talk about what Northwestern Mutual does for their advisors and why this is a unique opportunity and company to be apart of. #northwesternmutual #financialservices #fortune

|| NEW BLOG || "Let’s face it, the majority of annual letters to shareholders of publicly traded companies are not worth much. They often serve us a rehash, formulas concocted by public relations firms which aim to promote the concerned company’s stock with big slaps on the back. Personally, I want to read letters that will teach me more about the company I own or that I am considering in my investments. I not only want to know what is going well, but above all, I want to know what is going less well, what are the challenges to overcome, the risks to consider. Basically, I want the truth! Isn’t that what any business owner would demand from their leaders?" Philippe Le Blanc, MBA, CFA's new weekly blog - Between The Lines - is available right here :  #COTE100 #BetweenTheLineBlog #Markel

#snsinstituitons #snsdesignthinkers #designthinking Warren Edward Buffett, often referred to as the "Oracle of Omaha," is one of the most successful and renowned investors and business figures of our time. His business empire primarily revolves around Berkshire Hathaway, a multinational conglomerate holding company. Under Buffett's astute leadership, Berkshire Hathaway has diversified its portfolio to encompass a wide array of businesses, ranging from insurance and energy to consumer goods and technology. Buffett's investment philosophy, characterized by long-term value investing and a keen eye for undervalued assets, has been the cornerstone of his success. He acquires businesses with strong competitive advantages and enduring profitability, allowing them to thrive under the Berkshire umbrella. This conglomerate owns well-known brands like Geico, Dairy Queen, and See's Candies, demonstrating its diverse interests. Moreover, Berkshire Hathaway is a major player in the insurance industry, with its subsidiary, GEICO, one of the largest auto insurers in the United States. This strategic foothold in insurance provides a stable source of capital that Buffett can deploy in other investments. Buffett's annual letters to shareholders are widely regarded for their wisdom and insights, and he is a respected figure in the world of finance. His business acumen, disciplined approach to investing, and commitment to ethical business practices have solidified his legacy as one of the most influential figures in the financial world. Warren Buffett's Berkshire Hathaway continues to be a beacon of successful business leadership, demonstrating the enduring value of intelligent investing and sound business principles.

Northwestern Mutual's comprehensive financial planning services ensure that your money works for you while safeguarding your assets. We are proud to maintain the highest available financial strength ratings awarded to any U.S. life insurer with a stable outlook by all four major rating agencies. This recognition from Moody's places us among the top five companies across all industries. Count on us to be here whenever you need us. #NorthwesternMutual #FinancialPlanning #AssetProtection #wealthmanagement