Broker-dealer firm · Minneapolis, MN
Thrivent Investment Management Inc.
SEC-registered investment adviser · CRD 18387 · SEC 801-29618
At a glance
Thrivent Investment Management Inc. is an SEC-registered investment adviser based in Minneapolis, Minnesota, with $20.8 billion in regulatory assets under management as of its Form ADV filed September 30, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 124,646 individual clients. By Form ADV it is a broker-dealer firm, ranked 44th of 391 broker-dealer firms and 851st of 17,210 SEC-registered advisers by assets.
Main office 800-847-4836thrivent.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $21B
- Rank among broker-dealer firms
- #44 of 391
- Rank among all SEC RIAs
- #851 of 17,210
- Rank in Minnesota
- #16 of 276
- Individual clients
- 124,646
- High-net-worth clients
- 17,692
- Accounts
- 54,503
- Discretionary
- 46% of AUM
- Employees
- 3,901
- Advisory staff
- 2,963
- Offices
- 1,227
Owners and executives on its Form ADV
- Tonia Nicole James GilchristChief Legal Officer & Secretary
- David Jacob KlosterPresident
- Nicholas M CecereDirector
- Paul Roberts JohnstonDirector
- Andrew Dylan NorgardTreasurer
- Caleb Anthony BousuDirector
- Arika Viktoria JohnsonDirector
- Thomas John BirrVice President
- Brandon M OharaChief Compliance Officer
Custody and brokerage
Custodian
Thrivent Investment Management Inc.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Thrivent Investment Management Inc. is a hybrid RIA: 3,901 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Thrivent Distributors, LLC.
- Thrivent Distributors, LLC ↗CRD 179512
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 17,692 | $11B | 55% |
| Individuals | 106,954 | $8.9B | 43% |
| Corporations or other businesses | 819 | $374M | 2% |
| Other | 289 | $97M | <1% |
| Pension and profit sharing plans | – | $6M | <1% |
Disciplinary disclosures
Thrivent Investment Management Inc. answers yes to 25 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗thrivent.com ↗
AtlasMembers
The full record on Thrivent Investment Management Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 57 peers of its type and size
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- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 6Locked
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Background
Questions
How much does Thrivent Investment Management Inc. manage?
Thrivent Investment Management Inc. reports $20.8 billion in regulatory assets under management across 54,503 accounts, 46% of it on a discretionary basis, on its Form ADV filed September 30, 2026.
What kind of firm is Thrivent Investment Management Inc.?
Thrivent Investment Management Inc. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons.
Who are Thrivent Investment Management Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($11.4 billion, 17,692 clients); individuals ($8.9 billion, 106,954 clients); corporations or other businesses ($374 million, 819 clients).
Does Thrivent Investment Management Inc. have any disciplinary history?
Thrivent Investment Management Inc. answers yes to 25 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Thrivent Investment Management Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →