Thrivent Investment Management Inc
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Overview
Thrivent Investment Management Inc is a financial advisory company headquartered in Minneapolis, Minnesota. The firm manages $13.5 billion in assets under management across 36,159 accounts, placing it among the biggest firms in the United States by assets under management (AUM). The company has a very large team, including 2,820 financial advisors. Thrivent Investment Management Inc is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are tradable financial investments such as bonds, equities and options.
Thrivent Investment Management Inc manages 9,001 of the company's client assets in a discretionary manner. Discretionary management means that a portfolio manager makes transaction judgments without requiring the client's authorization. Thrivent Investment Management Inc also has 27,158 non-discretionary accounts with a total of $10.2 billion in assets. The company's average account size is $373,299. The average advisor at Thrivent Investment Management Inc administers about 13 client accounts, making it one of the more individualized advisor firms in the country.
The company's main office is located at 600 Portland Avenue South, Minneapolis, Minnesota 55415. Thrivent Investment Management Inc is legally allowed to serve investors across 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Thrivent Investment Management Inc by the Numbers

$13.5 billion

3,507

36,159

$373.3 thousand
Products and Services
Financial services provided by Thrivent Investment Management Inc can include financial planning services and portfolio management for individuals and small businesses. In the past fiscal year, Thrivent Investment Management Inc provided 18000 of its clients with financial planning services. The firm does sell products or offer services apart from investment advice to its clients. It is also affiliated with one or more other service providers in the financial services industry, including with a broker-dealer or securities dealer, trust company, insurance company or agency and commodity pool advisor.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 47% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
A financial advisor's fees vary depending on which services the firm provides the client. However, fee types charged by Thrivent Investment Management Inc likely consist of some combination of the following fee structures: asset-based or fixed. Thrivent Investment Management Inc does participate in a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.
Available
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Offered by 70% of firms
Percentage of Assets
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Offered by 33% of firms
Fixed
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm does business with a broad range of clients. The firm works with retail investors, high net worth investors, pension plans, corporations and other. Out of its 36,159 customers, Thrivent Investment Management Inc's largest client group is retail investors, but it also caters to 7,710 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 16.93%
- Other Individuals - 82.03%
- Corporations - 1.04%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Thrivent Investment Management Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Thrivent Investment Management Inc
Columbus, IN
Silverdale, WA
Nashville, TN
Minneapolis, MN
Omaha, NE
Miramar Beach, FL
Minneapolis, MN
Tulsa, OK
Lakewood, CA
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