Thrivent Financial for Lutherans

RIASEC Registered

Total AUM

$129B

Discretionary

$129B

100% of AUM

Avg account

$3.8B

Accounts

Employees

4,220

Advisory reps

Firm details

Headquarters: Minneapolis, Minnesota
CRD number: 115785
Registered since: November 13, 2001
Website: www.thrivent.com
Custodians: STATE STREET BANK AND TRUST COMPANY
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Other63.53%
Investment Companies35.42%
Pension & Profit Sharing Plans0.96%
Pooled Investment Vehicles0.09%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Thrivent Financial for Lutherans operates as an institutional registered investment adviser and has been SEC-registered since 2001. The firm serves institutional clients and offers portfolio management across a broad set of mandates, including individuals/small businesses, investment companies, pooled investment vehicles, and business or institutional portfolios. Its fee arrangements include both percentage-of-AUM charges and performance-based fees. Thrivent also lists CPO/CTA activities and is affiliated with brokerage, banking/thrift, trust, insurance and sponsor/GP roles, which suggests it participates in sponsoring and managing pooled vehicles in addition to advisory work. The firm is not identified as an active ESG investor.