If you're thinking about investing with Primerica, you may be wondering if the company is reputable and whether or not your money will be safe. Here's what you need to know about Primerica and its financial stability.
Primerica was founded in 1977 and is headquartered in Duluth, Georgia. The company provides financial services including life insurance, investments, and banking products to its clients. As of December 31, 2018, Primerica had over $1 trillion in assets under management.
The company is publicly traded on the New York Stock Exchange (NYSE: PRI) and has a market capitalization of $10 billion. Primerica has been profitable every year since 2009 and had revenues of $2.7 billion in 2018.
In terms of financial stability, Primerica is very strong. The company has an A+ rating from the Better Business Bureau (BBB) and an A rating from Standard & Poor's (S&P). Moreover, Primerica has been rated as one of the world's most ethical companies by the Ethisphere Institute for nine consecutive years.
When it comes to your money, you can trust that it will be safe with Primerica. The company is financially stable and reputable, so you can feel confident that your investment is in good hands.