Thrivent Financial Pros And Cons

As millennials, we are known as a very diverse group that has been labeled as “lazy” to even being described as “entrepreneurial”. With being such a diverse group and having issues such as student loan debt, being paired with also having low wages we end up with money challenges we do not know how to face. Our parents also were not educated enough to teach us how to manage and save our money, therefore we have to go out of our way to find help; even then, many of us are paranoid due to many financial companies not being ethical. So, with all of that in mind, Thrivent Financial is a great company to have on our side because it has demonstrated that it is an ethical, generous, and stable company. Thrivent Financial is a not-for-profit company

When it comes to helping people, there isn’t a single way that fits everybody’s needs. They take a wholistic approach to helping people by looking at all of their options and weighing the pros and cons of each to ensure the best possible option for the individual person. So, as they help teach people how to be wise with money, Thrivent also teaches people how to be generous by providing programs such as Thrivent Action Teams and Thrivent Choice to its members. Since 2012 to 2017 Thrivent has been named World’s Most Ethical Company (Briese n.p.). When looking for a financial service company to work with, ethics is one major core value to look for especially if they are going to handle your finances. Finding a company that was ethical meant the company had to have an honest and fair

This highly reflects on their safety as a company because members can be assured that their money is well protected and safely kept. Due to them being a company with so many assets and no debt, the risk dramatically decreases because we do not have to worry about them going bankrupt. When looking through their Annual Report to Members, they show us how they are holding all of their assets and give a good overview of how all of the money is being maintained by both the company and the members. More so, I feel that having that information easily accessible on their website adds to their ethics overall. Most other companies, I had to do quite a bit of digging in order to get to their annual