AdvisorRanked
87
Clean

THRIVENT FINANCIAL FOR LUTHERANS

901 MARQUETTE AVENUE, MINNEAPOLIS, MN 55402-3211
Fiduciaryfee-onlySEC Registered
800-847-4836 www.linkedin.com/company/thrivent/ CRD #115785
Visit Website
$128.7B
Assets Managed
155
Clients
4220
Employees
25
Years Active
since 2001

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46112. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46112

1 customer complaint(s)/arbitration(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 1

Complaint ratio: 0.65 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameTHRIVENT FINANCIAL FOR LUTHERANS
CRD Number#115785
SEC RegisteredYes
Registration Date2001-11-13
States RegisteredMN
Assets Under Management$128.7B
Number of Clients155
Employees4220
Compensation Typefee-only
Last ADV Filing46112

Other Advisors in MINNEAPOLIS

100

DUNNAVAN & CO.

MINNEAPOLIS, MN · Since 1979

$393M AUM4 clientsFee: 0%
FiduciaryFee-Only
100

NICOLLET INVESTMENT MANAGEMENT, INC.

MINNEAPOLIS, MN · Since 2000

$557M AUM6 clientsFee: 0%
FiduciaryFee-Only
100

ADVANCED CAPITAL GROUP

MINNEAPOLIS, MN · Since 2006

$30.0B AUM11 clientsFee: 0%
FiduciaryFee-Only
View all advisors in MINNEAPOLIS →

Frequently Asked Questions

Is THRIVENT FINANCIAL FOR LUTHERANS a fiduciary?

Yes. THRIVENT FINANCIAL FOR LUTHERANS is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does THRIVENT FINANCIAL FOR LUTHERANS charge clients?

THRIVENT FINANCIAL FOR LUTHERANS uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does THRIVENT FINANCIAL FOR LUTHERANS have any complaints?

Yes. THRIVENT FINANCIAL FOR LUTHERANS has 1 complaint(s) on record. Their complaint ratio is 0.65 per 100 clients (industry average: ~0.15).

How does THRIVENT FINANCIAL FOR LUTHERANS compare to other advisors in MINNEAPOLIS?

THRIVENT FINANCIAL FOR LUTHERANS has a Red Flag Score of 87/100. There are 80 registered advisory firms in MINNEAPOLIS. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46112. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.