SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Thrivent Investment Management Inc.
Minneapolis, MN
CRD 18387
Firm filing updated August 10, 2026 ·
- $20.8BAssets
- 2,963Advisory staff
- 54,503Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals106,954
- High net worth individuals17,692
- Corporations or other businesses819
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 106,954 | $8.9 billion |
| High net worth individuals | 17,692 | $11.4 billion |
| Banking or thrift institutions | Fewer than 5 clients | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $6.3 million |
| Charitable organizations | Fewer than 5 clients | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $0 |
| Other investment advisors | Fewer than 5 clients | $0 |
| Insurance companies | Fewer than 5 clients | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $0 |
| Corporations or other businesses not listed above | 819 | $373.8 million |
| Other: "CHURCHES AND NON-PROFIT SHARING RETIREMENT ACCOUNTS" | 289 | $97.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Financial planning services
- Portfolio management for individuals and/or small businesses
Assets and accounts
- Regulatory assets$20.8 billion
- Accounts54,503
- Discretionary$9.5 billion · 26,187 accounts
- Non-discretionary$11.3 billion · 28,316 accounts
People
- Employees3,901
- Advisory staff2,963
- Broker-dealer reps3,901
- Licensed insurance agents3,098
- Planning clients18,000
Advisors
1,957 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 18387, SEC file 801-29618.
- Registered with the SEC as an investment advisor (status date on record: May 18, 1987).
Is Thrivent Investment Management Inc. a fiduciary?
Short answer: Thrivent Investment Management Inc. is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 3,901 staff are broker-dealer representatives, the firm is itself a broker-dealer and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
3,098 staff are licensed insurance agents and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.