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Thrivent Secures A++ (Superior) Rating from AM Best

Thrivent, a well-established name in the financial services sector, has been affirmed an A++ (Superior) rating with a stable outlook by AM Best. This prestigious rating, which is the highest among the agency's 13 classification categories, emphasizes Thrivent's solid financial foundation and business resilience.

Understanding Thrivent's Financial Strength

According to David Royal, Thrivent's Chief Financial and Investment Officer, this exceptional rating reflects not just the organization's robust business strength but also its unwavering commitment to prioritizing client needs. He stated, “Our superior rating reflects the strength of our business and our commitment to putting clients first.”

Thrivent's financial stability positions it favorably to honor the commitments made to its clients, thereby enabling them to pursue their financial aspirations with assurance. The thorough evaluation conducted by AM Best highlighted several key aspects of Thrivent’s operational effectiveness:

• - Balance Sheet Fortitude: Thrivent’s balance sheet has been categorized as 'strongest', backed by exceptional operating performance, a favorable business profile, and highly effective enterprise risk management strategies.
• - Capital Structure & Product Diversification: The company boasts a high-quality statutory capital structure and a varied product range, paired with a resolute ambition to expand its market reach.
• - Investment Management Proficiency: Thrivent's capabilities in investment management are robust, supported by a well-rounded investment portfolio that enhances its overall financial position.
• - Client Value Initiatives: The organization consistently focuses on enhancing client value through innovative programs such as Money Canvas and a suite of new product launches, including two Exchange-Traded Funds (ETFs) introduced earlier this year.

About Thrivent

Founded with the aim of fostering financial well-being, Thrivent operates within the Fortune 500 landscape, drawing on a client base exceeding 2.4 million individuals through a network of thousands of financial advisors nationwide. As of December 31, 2024, the company administers more than $194 billion in assets under its management and advisement. Notably, Thrivent has maintained strong evaluations from multiple independent rating agencies, including AM Best, Moody's, and SP Global Ratings, reinforcing its reputation for financial strength and stability, as well as its capability to meet client claims reliably.

Clients are encouraged to familiarize themselves with the financial strength ratings provided, although it is essential to note that these ratings do not apply to the performance of investment products. For further information regarding the company's services and to engage with its resources, visit Thrivent.com.

Thrivent is recognized in the market as Thrivent Financial for Lutherans, and its offerings include insurance products that may not be available across all states. Meanwhile, its securities and investment advisory services are provided through Thrivent Investment Management Inc., a registered investment advisor and member of FINRA and SIPC.

For media inquiries, contact:
Patrice Smith
Email: [email protected]
Phone: (202) 718-5069

As they continue on their path of financial stewardship, Thrivent remains dedicated to ensuring that the promises made to clients are met with trust and competence.