Thrivent Advisor Network, LLC
Assets Under Management
$6.6B
Number of Clients
10,821
Number of Advisors
117
Average Client AUM
$614K
AUM per Advisor
$56.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Thrivent Advisor Network provides investment management and advisory services to individuals, high-net-worth individuals, families, trusts, estates, businesses, and retirement plans. Services include establishing an investment strategy, asset allocation, portfolio construction, and ongoing investment management and monitoring. Advisory Persons may recommend internal investment management, independent managers, or investment platforms.
Fee Structure
You will pay a quarterly investment management fee in advance, not exceeding 2% annually, based on factors like services offered, complexity, and asset level. Fees are negotiable and vary among clients. The fee can be a fixed percentage, tiered breakpoint, linear breakpoint, or flat dollar amount (flat dollar is no longer offered for new purchases). Clients may also incur third-party fees and expenses, separate from our advisory fees. For fee-based annuities, Advisor Management Fees will not exceed an amount equal to an annual rate of 1.5% when the fee is deducted directly from the fee-based annuity. For fee-based 529 accounts, Advisor Management Fees will not exceed an amount equal to an annual rate of 1.00%.
Areas of Practice
Location
600 Portland Avenue South, Minneapolis, MN, 55415