Thrivent Financial For Lutherans (Minneapolis)

Name: Thrivent Financial For Lutherans
Address: 625 Fourth Avenue South, Minneapolis, MN, 55415 1665
Telephone: 800-847-4836

Thrivent Financial For Lutherans is a large advisory firm based in Minneapolis. It manages $100.89 billion of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Delaware, Minnesota, and Wisconsin.

Thrivent Financial For Lutherans provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Thrivent Financial For Lutherans: assets under management

The assets under management (AUM) of Thrivent Financial For Lutherans is $100.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1251% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.63 billion each.

Thrivent Financial For Lutherans has custody of $6.38 billion in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 14% of the total AUM. The second-largest asset type is government bonds, which make up 13% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thrivent Financial For Lutherans for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Adrian Martha Tocklin serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Adrian Martha Tocklin is investment companies with 30 clients and $30.02 billion of assets under management. Among the 12 most similar advisory firms, Thrivent Financial For Lutherans has the 5th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $36.4 billion for 58 clients. None of the firm’s clients are foreign persons or businesses.

Thrivent Financial For Lutherans also advises several private funds. Namely, one other private fund and twenty seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $50,000.

Careers at Thrivent Financial For Lutherans

The company employs 3,988 people that are either part- or full-time employees. 3 percent of the employees work as investment advisers or researchers. 351 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Adrian Martha Tocklin has been acting as President since 1 Feb 2003. David Scott Royal has served as the Chief Investment Officer since 1 Jul 2017. Christina Alma Smith joined the executive team most recently as the Senior Vice President And Chief Human Resources Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Byron Peregrine	Director	1 Feb 1978	Other	4461870
Richard Eugene Beumer	Director	1 Feb 1987	Other	4461814
Robert Harold Hoffman	Director	1 Feb 1987	Other	4461868
Roger Graydon Wheeler	Director	1 Aug 1991	Other	4461879
Gary John Greenfield	Director	1 Jan 1993	Other	4461826
Woodrow Eugene Eno	Senior vice president, general counsel & secretary	1 Jan 1996	Other	1038576
Thomas Richard Zehnder	Director	1 Jan 1997	Other	4461883
Paul Daniel Schrage	Director	1 Jan 1998	Other	4461873
Robert Gary Same	Vice president, compliance	1 Jun 1998	Other	409705
James Herman Abitz	Senior vice president, investments	1 Jun 1999	Other	3070224
Randall Lee Boushek	Sr. vp & chief financial officer, treasurer	1 Jan 2002	Other	4120176
James Adlai Thomsen	Senior vice president, member services and chief marketing officer	1 Jan 2002	Other	1510675
John Oren Gilbert	Chairman of the board	1 Jan 2002	Other	2088601
Addie Joyner Butler	Director	1 Jan 2002	Other	4336375
James Morgan Hushagen	Director	1 Jan 2002	Other	4336400
Richard Callie Kessler	Director	1 Jan 2002	Other	1479918
Richard Charles Lundell	Director	1 Jan 2002	Other	314442
John Perry Mcdaniel	Director	1 Jan 2002	Other	4336433
Bruce Jay Nicholson	Director, chief exec. officer and president	1 Jan 2002	Other	2200207
Kurt Martin Senske	Director	1 Jan 2002	Other	4336470
Albert Kwing Wong Siu	Director	1 Jan 2002	Other	4336475
Paul W. Middeke	Director	1 Jan 2002	Other	4336559
Lawrence Wayne Stranghoener	Exec vp & chief financial officer	1 Jan 2002	Other	714682
Jon Michael Stellmacher	Executive vice president, financial services	1 Jan 2002	Other	3134024
Pamela J Moret	Senior vice president, marketing and products	1 Jan 2002	Other	1092043
Paul William Middeke	Director	1 Jan 2002	Other	4336559
Pamela Joyce Moret	Senior vice president, marketing and products	1 Jan 2002	Other	1092043
Adrian Martha Tocklin	Director	1 Feb 2003	Other	4647109
John Eric Hite	Vice president, associate general counsel and chief compliance officer	1 Dec 2003	Other	1893745
Russell William Swansen	Senior vice president - chief investment officer	1 Jan 2004	Other	1522936
Katie Sue Kloster	Chief compliance officer	1 Sep 2004	Other	1758354
Teresa Joy Rasmussen	Senior vice president, general counsel and secretary	1 Feb 2005	Other	2050364
Timothy Jay Lehman	Director	1 Feb 2005	Other	4938801
Frank Henry Moeller	Director, chair	1 May 2005	Other	5006595
Frank H Moeller	Director	1 May 2005	Other	5006595
Allan Roy Spies	Director	1 Aug 2005	Other	5015907
Katie Sue Kloster	Chief compliance officer	1 Sep 2005	Other	1758354
Frederick Mark Kuhlmann	Director	1 Feb 2006	Other	5477206
James Henry Scott	Director	1 May 2006	Other	2890665
James H. Scott	Director	1 May 2006	Other	2890665
Holly Jane Morris	Senior vice president and chief information officer	1 May 2006	Other	4424647
Christopher Joseph Kopka	Chief compliance officer	1 Jun 2006	Other	4313312
Albert Kwing Wong Siu	Vice chairman	1 Feb 2007	Other	4336475
Kurt Martin Senske	Vice chairman	1 Feb 2007	Other	4336470
James Adlai Thomsen	Executive vice president, field distribution	1 Feb 2007	Other	1510675
Alice Marie Richter	Director	1 May 2007	Other	5369636
Alice Richter	Director	1 May 2007	Other	5369636
Frederick George Kraegel	Director	1 Aug 2008	Other	5583150
Bradford Leigh Hewitt	Senior executive vice president and chief operating officer	1 Nov 2008	Other	5090729
Pamela Joyce Moret	Executive vice president, strategic development	1 Nov 2008	Other	1092043
Katie Sue Kloster	Chief compliance officer	1 Nov 2008	Other	1758354
Bradford Leigh Hewitt	President and chief executive officer	1 Feb 2010	Other	5090729
Bonnie Ellen Raquet	Director	1 Feb 2010	Other	5767789
Kurt Martin Senske	Chairman	1 Feb 2010	Other	4336470
David Scott Royal	Chief compliance officer	1 Feb 2010	Other	5276532
Bonnie Raquet	Director	1 Feb 2010	Other	5767789
Edward Stuart Dryden	Chief compliance officer	1 Dec 2010	Other	2033420
Mark Andrew Jeske	Director	1 May 2011	Other	5916626
Kirk Douglas Farney	Director	1 Nov 2011	Other	2158367
Kenneth Arnold Carow	Director	1 Feb 2013	Other	6317339
Nathaniel Cornell Boggs	Director	1 Dec 2013	Other	6317343
Kathryn June Vanstrom	Director	1 Jul 2014	Other	855307
Kathryn Vanstrom Marinello	Director	1 Jul 2014	Other	855307
Eric John Draut	Director	1 Feb 2015	Other	6466987
Terry William Timm	Chief administrative officer	1 Nov 2015	Other	4112286
Christopher Joseph Kopka	President, thrivent church solutions group	1 Nov 2015	Other	4313312
Paul Roberts Johnston	General counsel and secretary	1 Nov 2015	Other	2065882
Susan Oberman Smith	Chief actuary	1 Nov 2015	Other	6626967
Lynn Yvette Crump Caine	Director	1 Aug 2016	Other	6767383
Mary Scott Nease	Chief human resource officer	1 Nov 2016	Other	2139710
David Scott Royal	Chief investment officer	1 Jul 2017	Other	5276532
Bradford Neal Creswell	Director	1 Feb 2018	Other	1946599
Sarah Jansen Van Dyn Hoven	Senior vice president and chief information officer	1 Feb 2018	Other	7091406
Nichole Baker Pechet	Director	1 Jun 2018	Other	7059545
Christina Alma Smith	Senior vice president and chief human resources officer	1 Apr 2019	Other	6467168

Based in Minneapolis

The principal office where Thrivent Financial For Lutherans performs its advisory services is located at 625 Fourth Avenue South, Minneapolis, MN 55415 1665, which is also the mailing address of the firm. An additional office of the firm is in Appleton, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-847-4836 or by fax 612-844-4307. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at thrivent.com.