Latest news with #BFL
Business Upturn
7 days ago
- Business
- Business Upturn
Built for Life Financial Agency Launches June 3 with Chain-Cutting Ceremony to Redefine Trust, Ownership, and Legacy in Finance
Annapolis, June 03, 2025 (GLOBE NEWSWIRE) — Annapolis, Maryland – Built for Life Financial Agency (BFL), the new independent firm founded by retired Navy Chief and bestselling author Bill Korman, is officially launching June 3 at 6:30 PM with a powerful public chain-cutting ceremony at 147 Old Solomons Island Rd., Annapolis, MD 21401. The event marks the start of a bold national movement to help individuals break free from financial confusion and reclaim ownership of their time, money, and legacy. According to Gallup's 2024 institutional trust survey, only 26% of Americans express confidence in banks. With U.S. household debt reaching a record $17.5 trillion, Korman believes financial systems need a complete overhaul. Built for Life Financial Agency (BFL) is more than a traditional firm—it is a people-first, purpose-driven platform rooted in education, personalization, and long-term alignment. After years of operating under a corporate umbrella, BFL is now fully independent and free to serve families without restrictions. At the heart of the agency's philosophy is The 168 Game©, Korman's time ownership framework that helps individuals align their 168 weekly hours with their morals, values, and principles. 'Most people live paycheck to paycheck because unless they have been shown, they've never had the opportunity to truly own their time and their money—until now,' says Korman. BLF's vision is to be the #1 Company in the World that everyone compares themselves to regarding being the gold standard that other businesses and organizations aspire to and measure themselves against. BFL's approach is already making a difference. An early BFL client, Nancy Brace, shared, ' Built for Financial Agency is an agency with high integrity and quality agents. We have been extremely pleased with their professionalism and how they put the client's needs first. We were amazed at how they can help with so many areas of life, from savings to retirement to college planning and so much more. I am so thankful we were referred to them.' The June 3 launch event will feature a dramatic chain-cutting ceremony instead of the traditional ribbon-cutting, symbolizing freedom from financial bondage and legacy-limiting systems. The celebration will include live demonstrations of The 168 Game©, guest remarks, and on-site opportunities to sign up for free consultations and giveaways or to apply to join BFL's expanding national team. Confirmed speakers include community leaders, veterans, and financial literacy and equity advocates. BFL is more than a financial agency—it is a growing network of culturally attuned leaders. Korman, a first-generation American, is recruiting multilingual agents nationwide to better serve underserved communities. 'This isn't about translation. It's about transformation. We meet families where they are and empower them with the knowledge, respect, and clarity they've been denied for far too long,' Korman says. Built for Life Financial Agency offers consulting, insurance solutions, legacy, and retirement planning. Additionally, Korman provides technology support through Visionary Flow Solutions, its artificial intelligence (AI), development of business intelligence hubs, and CRM Systems. Korman says, 'The mission transcends transactions. We are more than a financial agency,' says Korman. 'We are a global movement helping people reclaim their time, take ownership of their wealth, and leave a legacy that outlives them.' To secure Bill Korman as a speaker or trainer for your next event, conference, or training, or to book Bill as a guest on one's radio, podcast, or television show, contact Dr. Andrea Adams-Miller, Chief Strategic Influence Officer, on behalf of Bill Korman at 1-419-722-6931 or [email protected]. About Bill Korman: Bill Korman is a decorated Navy Chief veteran, serial entrepreneur, and financial strategist committed to helping people reclaim their time and their lives. After overcoming bankruptcy and burnout, he built a thriving financial agency rooted in the philosophy of time ownership. With over 30 years of leadership spanning the military, government, and private sectors, Bill empowers others to stop managing time and start owning it. He is the founder and CEO of Built for Life Financial Agency ( and the creator of Visionary Flow Solutions ( a CRM and automation system. His breakthrough framework, The 168 Game ( is now a bestselling book, coaching program, and app helping people trade hustle and chaos for clarity and impact. Bill is a family man who lives in Centreville, Maryland, with his wife, Kimberly. They dedicate much of their time to their four adult children and granddaughter. ### For more information about Built For Life Financial Agency, contact the company here: Built For Life Financial AgencyDr. Andrea Adams-Miller, Chief Strategic Influence Officer on Behalf of Bill Korman, CEO & Founder4197226931 [email protected] 147 Old Solomons Island Road Annapolis, MD 21401, Suite 200
USA Today
7 days ago
- Business
- USA Today
Built for Life Financial Agency Launches June 3 with Chain-Cutting Ceremony to Redefine Trust, Ownership, and Legacy in Finance
Annapolis, Maryland – Built for Life Financial Agency (BFL), the new independent firm founded by retired Navy Chief and bestselling author Bill Korman, is officially launching June 3 at 6:30 PM with a powerful public chain-cutting ceremony at 147 Old Solomons Island Rd., Annapolis, MD 21401. The event marks the start of a bold national movement to help individuals break free from financial confusion and reclaim ownership of their time, money, and legacy. According to Gallup's 2024 institutional trust survey, only 26% of Americans express confidence in banks. With U.S. household debt reaching a record $17.5 trillion, Korman believes financial systems need a complete overhaul. Built for Life Financial Agency (BFL) is more than a traditional firm—it is a people-first, purpose-driven platform rooted in education, personalization, and long-term alignment. After years of operating under a corporate umbrella, BFL is now fully independent and free to serve families without restrictions. At the heart of the agency's philosophy is The 168 Game©, Korman's time ownership framework that helps individuals align their 168 weekly hours with their morals, values, and principles. 'Most people live paycheck to paycheck because unless they have been shown, they've never had the opportunity to truly own their time and their money—until now,' says Korman. BLF's vision is to be the #1 Company in the World that everyone compares themselves to regarding being the gold standard that other businesses and organizations aspire to and measure themselves against. BFL's approach is already making a difference. An early BFL client, Nancy Brace, shared, 'Built for Financial Agency is an agency with high integrity and quality agents. We have been extremely pleased with their professionalism and how they put the client's needs first. We were amazed at how they can help with so many areas of life, from savings to retirement to college planning and so much more. I am so thankful we were referred to them.' The June 3 launch event will feature a dramatic chain-cutting ceremony instead of the traditional ribbon-cutting, symbolizing freedom from financial bondage and legacy-limiting systems. The celebration will include live demonstrations of The 168 Game©, guest remarks, and on-site opportunities to sign up for free consultations and giveaways or to apply to join BFL's expanding national team. Confirmed speakers include community leaders, veterans, and financial literacy and equity advocates. BFL is more than a financial agency—it is a growing network of culturally attuned leaders. Korman, a first-generation American, is recruiting multilingual agents nationwide to better serve underserved communities. 'This isn't about translation. It's about transformation. We meet families where they are and empower them with the knowledge, respect, and clarity they've been denied for far too long,' Korman says. Built for Life Financial Agency offers consulting, insurance solutions, legacy, and retirement planning. Additionally, Korman provides technology support through Visionary Flow Solutions, its artificial intelligence (AI), development of business intelligence hubs, and CRM Systems. Korman says, 'The mission transcends transactions. We are more than a financial agency,' says Korman. 'We are a global movement helping people reclaim their time, take ownership of their wealth, and leave a legacy that outlives them.' To secure Bill Korman as a speaker or trainer for your next event, conference, or training, or to book Bill as a guest on one's radio, podcast, or television show, contact Dr. Andrea Adams-Miller, Chief Strategic Influence Officer, on behalf of Bill Korman at 1-419-722-6931 or AndreaAdamsMiller@ About Bill Korman: Bill Korman is a decorated Navy Chief veteran, serial entrepreneur, and financial strategist committed to helping people reclaim their time and their lives. After overcoming bankruptcy and burnout, he built a thriving financial agency rooted in the philosophy of time ownership. With over 30 years of leadership spanning the military, government, and private sectors, Bill empowers others to stop managing time and start owning it. He is the founder and CEO of Built for Life Financial Agency ( and the creator of Visionary Flow Solutions ( a CRM and automation system. His breakthrough framework, The 168 Game ( is now a bestselling book, coaching program, and app helping people trade hustle and chaos for clarity and impact. Bill is a family man who lives in Centreville, Maryland, with his wife, Kimberly. They dedicate much of their time to their four adult children and granddaughter.
Yahoo
7 days ago
- Business
- Yahoo
Built for Life Financial Agency Launches June 3 with Chain-Cutting Ceremony to Redefine Trust, Ownership, and Legacy in Finance
Annapolis, June 03, 2025 (GLOBE NEWSWIRE) -- Annapolis, Maryland - Built for Life Financial Agency (BFL), the new independent firm founded by retired Navy Chief and bestselling author Bill Korman, is officially launching June 3 at 6:30 PM with a powerful public chain-cutting ceremony at 147 Old Solomons Island Rd., Annapolis, MD 21401. The event marks the start of a bold national movement to help individuals break free from financial confusion and reclaim ownership of their time, money, and legacy. According to Gallup's 2024 institutional trust survey, only 26% of Americans express confidence in banks. With U.S. household debt reaching a record $17.5 trillion, Korman believes financial systems need a complete overhaul. Built for Life Financial Agency (BFL) is more than a traditional firm—it is a people-first, purpose-driven platform rooted in education, personalization, and long-term alignment. After years of operating under a corporate umbrella, BFL is now fully independent and free to serve families without restrictions. At the heart of the agency's philosophy is The 168 Game©, Korman's time ownership framework that helps individuals align their 168 weekly hours with their morals, values, and principles. "Most people live paycheck to paycheck because unless they have been shown, they've never had the opportunity to truly own their time and their money—until now," says Korman. BLF's vision is to be the #1 Company in the World that everyone compares themselves to regarding being the gold standard that other businesses and organizations aspire to and measure themselves against. BFL's approach is already making a difference. An early BFL client, Nancy Brace, shared, "Built for Financial Agency is an agency with high integrity and quality agents. We have been extremely pleased with their professionalism and how they put the client's needs first. We were amazed at how they can help with so many areas of life, from savings to retirement to college planning and so much more. I am so thankful we were referred to them." The June 3 launch event will feature a dramatic chain-cutting ceremony instead of the traditional ribbon-cutting, symbolizing freedom from financial bondage and legacy-limiting systems. The celebration will include live demonstrations of The 168 Game©, guest remarks, and on-site opportunities to sign up for free consultations and giveaways or to apply to join BFL's expanding national team. Confirmed speakers include community leaders, veterans, and financial literacy and equity advocates. BFL is more than a financial agency—it is a growing network of culturally attuned leaders. Korman, a first-generation American, is recruiting multilingual agents nationwide to better serve underserved communities. "This isn't about translation. It's about transformation. We meet families where they are and empower them with the knowledge, respect, and clarity they've been denied for far too long," Korman says. Built for Life Financial Agency offers consulting, insurance solutions, legacy, and retirement planning. Additionally, Korman provides technology support through Visionary Flow Solutions, its artificial intelligence (AI), development of business intelligence hubs, and CRM Systems. Korman says, "The mission transcends transactions. We are more than a financial agency," says Korman. "We are a global movement helping people reclaim their time, take ownership of their wealth, and leave a legacy that outlives them." To secure Bill Korman as a speaker or trainer for your next event, conference, or training, or to book Bill as a guest on one's radio, podcast, or television show, contact Dr. Andrea Adams-Miller, Chief Strategic Influence Officer, on behalf of Bill Korman at 1-419-722-6931 or AndreaAdamsMiller@ About Bill Korman: Bill Korman is a decorated Navy Chief veteran, serial entrepreneur, and financial strategist committed to helping people reclaim their time and their lives. After overcoming bankruptcy and burnout, he built a thriving financial agency rooted in the philosophy of time ownership. With over 30 years of leadership spanning the military, government, and private sectors, Bill empowers others to stop managing time and start owning it. He is the founder and CEO of Built for Life Financial Agency ( and the creator of Visionary Flow Solutions ( a CRM and automation system. His breakthrough framework, The 168 Game ( is now a bestselling book, coaching program, and app helping people trade hustle and chaos for clarity and impact. Bill is a family man who lives in Centreville, Maryland, with his wife, Kimberly. They dedicate much of their time to their four adult children and granddaughter. ### For more information about Built For Life Financial Agency, contact the company here:Built For Life Financial AgencyDr. Andrea Adams-Miller, Chief Strategic Influence Officer on Behalf of Bill Korman, CEO & Founder4197226931andreaadamsmiller@ Old Solomons IslandRoad Annapolis, MD 21401, Suite 200 CONTACT: Dr. Andrea Adams-Miller, Chief Strategic Influence Officer on Behalf of Bill Korman, CEO & Founder
Business Standard
30-04-2025
- Business
- Business Standard
Bajaj Finserv PAT climbs 16% YoY to Rs 4,756 cr in Q4 FY25
Bajaj Finserv's consolidated net profit jumped 16.44% to Rs 4756.32 crore on 14.21% increase in total income to Rs 36,596.43 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) rose 8.61% to Rs 6,002.32 crore in Q4 FY25 as compared with Rs 5,526.54 crore in Q4 FY24. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 51.39% holding in Bajaj Finance (BFL) and in the life, general and health insurance businesses through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC). BFL holds 88.75% stake in Bajaj Housing Finance (BHFL). Bajaj Finance (BFL) recorded 17% increase in consolidated net profit to Rs 4,480 crore in Q4 FY25 as against Rs 3,825 crore in Q4 FY24. Loan losses and provisions stood to Rs 2,329 crore in the Q4 FY25, up 77.79% YoY. In Q4 FY25, the company made an additional provision of Rs 359 crore on account of the redevelopment of its expected credit loss (ECL) model. Net total income for the March 2025 quarter rose 23% to Rs 11,917 crore from Rs 9,714 crore posted in corresponding quarter previous quarter. Gross NPA and Net NPA as on 31 March 2025 stood at 0.96% and 0.44% respectively as against 0.85% and 0.37% as on 31 March 2024. Provisioning coverage ratio on stage 3 assets is 54%. Assets under Management (AUM) grew 26% to Rs 4,16,661 crore as on 31 March 2025 as against Rs 3,30,615 crore as on 31 March 2024. Capital adequacy ratio (CRAR) (including Tier-II capital) as on 31 March 2025 stood at 21.93%. The Tier-I capital was at 21.09%. Bajaj Allianz General Insurance Company Limited (BAGIC) stated that effective from 1 October 2024, as mandated by IRDAI, Gross premium on long-term products are measured on 1/n basis (where 'n' is contract duration) prospectively, hence Q4 and FY2025 are not comparable with prior years. BAGICs gross written premium declined 13% to Rs 4,326 crore in Q4 FY25 as compared with Rs 4,962 crore in Q4 FY24. Excluding tender-driven crop and government health insurance premium, BAGIC's gross written premium rose 0.42% to 3,796 crore in Q4 FY25 from 3,780 crore in Q4 FY24. Excluding the change in measurement of gross premium (1/n basis), gross written premium increased 8% to Rs 4,063 crore. Claim ratio decreased to 62.9% in Q4 FY25 as against 70.3% in Q4 FY24 due to better claims experience. Profit after tax for Q4 FY25 stood at 363 crore, down 4.47% as compared with Rs 380 crore in Q4 FY24. As on 31 March 2025, solvency ratio was 325%, which is well above the minimum regulatory requirement of 150%. Assets under Management (AUM), represented by cash and investments as on 31 March 2025 stood at Rs 33,115 crore as compared with Rs 31,196 crore as on 31 March 2024 - an increase of 6%. Bajaj Allianz Life Insurance Company Limited (BALIC) new business premium for Q4 FY25 stood at Rs 3,789 crore, registering the de-growth of 4.15% as compared with Rs 3,953 crore in Q4 FY24. Renewal premium jumped 29% to Rs 5,448 crore in Q4 FY25 as compared with Rs 4,230 crore in Q4 FY24. Consequently, gross written premium for Q4 FY25 increased by 13% to Rs 9,237 crore as compared with Rs 8,183 crore in Q4 FY24. Shareholders' profit after tax tumbled 61.32% to Rs 41 crore during Q4 FY25 as compared with Rs 106 crore in Q4 FY24. Net value of new business (VNB) jumped 14% YoY to Rs 549 crore in Q4 FY25. Solvency ratio stood at a healthy 359% as on 31 March 2025 as against the minimum regulatory requirement of 150%. Assets under Management (AUM), represented by total investments stood at 123,734 crore as on 31 March 2025, recording growth of 13% as against Rs 109,829 crore as on 31 March 2024. Meanwhile, the companys board recommended a dividend of Re 1 per equity share on the Re 1 face value for FY25. The record date has been fixed as Friday, 27 June 2025. The said dividend, if declared, by the shareholders at the ensuing Annual General Meeting, will be credited/dispatched on or before Tuesday, 29 July 2025. The scrip declined 5.93% to Rs 1,942.45 on the BSE.
Mint
29-04-2025
- Business
- Mint
Bajaj Finserv Q4 Results: Net profit rises 14% to ₹2,417 crore; 100% dividend declared
Bajaj Finserv Ltd (BFL) on Tuesday reported a 14 per cent increase in its consolidated net profit to ₹ 2,417 crore in the fourth quarter ended March 2025. The company had posted a net profit of ₹ 2,119 crore during the corresponding January-March period of the previous fiscal. The total consolidated income during the March 2025 quarter rose to ₹ 35,596 crore against ₹ 32,042 crore in the corresponding period of the previous financial year, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing. The board recommended a dividend of Re 1 per share or 100 per cent on the face value of Re 1. The proposed dividend is to be approved by the shareholders at the ensuing Annual General Meeting. For the financial year 2024-25, the company witnessed a 9 per cent increase in profit at ₹ 8,872 crore over ₹ 8,148 crore in the previous fiscal.
