Thrivent Investment Management INC.
Assets Under Management
$17.5B
Number of Clients
77,792
Number of Advisors
2831
Average Client AUM
$225K
AUM per Advisor
$6.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Thrivent Investment Management Inc. sponsors the AdvisorFlex Program, a non-discretionary investment advisory program. It provides ongoing investment advice and related services for a fee based on assets in a Thrivent AdvisorFlex Variable Annuity Contract. The program is closed to new investors. Envestnet Asset Management, Inc. provides services for the program.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 2.00% |
| $100K - $250K | 1.85% |
| $250K - $500K | 1.70% |
| $500K - $1000K | 1.55% |
| $1.0M - $3.0M | 1.45% |
| $3.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.90% |
Fee for funds in the Fixed Account is 0.50%.
Fee Estimator
The AdvisorFlex Program charges a quarterly fee based on the value of your annuity contract. The annual fee ranges from 0.90% to 2.00% depending on the size of your account. For funds held in the Fixed Account, the maximum program fee is 0.50%. The minimum initial investment is $25,000. The Program Fee will vary among clients and may be negotiable under certain circumstances.
Areas of Practice
Location
600 Portland Avenue South, Minneapolis, MN, 55415