Thrivent Advisor Network, LLC

RIASEC RegisteredEst. 2019

Total AUM

$6.8B

Discretionary

$6.8B

99% of AUM

Avg account

$269K

Accounts

25,415

Employees

119

Advisory reps

129

Firm details

Headquarters: Minneapolis, Minnesota
CRD number: 304569
Registered since: July 24, 2019
Website: www.thriventadvisornetwork.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals54.51%
HNWI43.38%
Charitable Organizations1.37%
Corporations / Businesses0.58%
Pension & Profit Sharing Plans0.15%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Thrivent Advisor Network, LLC is an SEC-registered limited liability company (registered in 2019) that functions as a capital allocator to both individual/family and institutional clients. The firm combines advisory services with insurance brokerage activity and offers financial planning, portfolio management for individuals and small businesses, pension consulting support, selection of other advisers, and educational workshops. Thrivent Advisor Network charges fees as a percentage of assets under management and also uses hourly and fixed-fee arrangements. The firm is not identified as an active ESG investor. The firm operates with multiple industry roles and relationships: it has ties to broker-dealers, other registered investment advisers, commodity pool or trading entities (CPO/CTA), banking or thrift institutions, trust companies, insurance companies, and acts as a sponsor, general partner, or managing member for pooled investment vehicles. That mix suggests access to third-party managers and pooled products alongside in-house advisory services.