AdvisorCensus / Financial advisors / Minnesota / Minneapolis / Thrivent Advisor Network, LLC
Thrivent Advisor Network, LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 25, 2026.
Quick answers
From the filingHow is Thrivent Advisor Network, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Thrivent Advisor Network, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Thrivent Advisor Network, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Thrivent Advisor Network, LLC located?
Thrivent Advisor Network, LLC's principal office is in Minneapolis, MN, according to its Form ADV; the July 2026 filing also lists 25 other offices (Schedule D, Section 1.F).
Is Thrivent Advisor Network, LLC registered with the SEC or a state?
Thrivent Advisor Network, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304569.
How much does Thrivent Advisor Network, LLC manage?
Thrivent Advisor Network, LLC reports $6,835,173,774 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (99% discretionary).
How have Thrivent Advisor Network, LLC's assets and staff changed since 2021?
In the Form ADV data for Thrivent Advisor Network, LLC: Regulatory assets under management: $5,294,253,729 in the October 2021 data and $6,835,173,774 in the October 2026 data, up 29%. Total employees: 192 in October 2021 and 119 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Thrivent Advisor Network, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (13,130); high net worth individuals (1,481); charitable organizations (62).
Which custodians does Thrivent Advisor Network, LLC use?
Thrivent Advisor Network, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity as custodians holding 10% or more of its separately managed account assets.
Does Thrivent Advisor Network, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304569
What changed in Thrivent Advisor Network, LLC's recent Form ADV filings?
In the July 2026 filing data: No longer lists the business name Intentgen Financial Partners. No longer lists the business name Awaken Wealth Partners.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2% of assets a year (the maximum the brochure states)
The brochure's wording
The annual rate for your Advisor Management Fee for investment advisory services under this Disclosure Brochure will not exceed 2% of your assets under management and is based on several factors
As stated in the firm's Form ADV Part 2A brochure dated March 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$6,835,173,774 as of October 2026, filing dated June 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Also doing business as
- 5280 ASSOCIATES, ADVENT PARTNERS, CONCOURS CAPITAL ADVISORS, CROSSROADS FINANCIAL GROUP, M25 ADVISORS, NORTH OAKS FINANCIAL GROUP, PALOMAR WEALTH, PARABLE WEALTH PARTNERS, PASSAGE WEALTH, PEARL STREET WEALTH PARTNERS, PITON WEALTH, RETIREPATH ADVISORS, SEA GLASS WEALTH ADVISORS, TM3 WEALTH
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 119. Performing investment advisory functions: 119.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- Other offices (Schedule D, Section 1.F)
-
25 other offices, as of the July 2026 filing
- States registered or notice-filed
-
47 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $6,835,173,774 | 119 | June 25, 2026 |
| October 2025 | $6,648,306,479 | 139 | June 30, 2025 |
| October 2024 | $6,163,786,512 | 164 | August 15, 2024 |
| October 2023 | $5,058,431,013 | 134 | August 31, 2023 |
| October 2022 | $6,529,169,232 | 205 | September 30, 2022 |
| October 2021 | $5,294,253,729 | 192 | August 19, 2021 |
Regulatory assets under management: $5,294,253,729 in the October 2021 data and $6,835,173,774 in the October 2026 data, up 29%.
Total employees: 192 in October 2021 and 119 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- July 2026
- No longer lists the business name Intentgen Financial Partners.
- No longer lists the business name Awaken Wealth Partners.
- May 2026
- Added the business name Pearl Street Wealth Partners.
- April 2026
- Employees performing advisory functions went from 139 to 119.
- Changed its office addresses in Hoagland, IN.
- Changed its office addresses in Peachtree City, GA.
- Added an office in Hillsboro, OR.
- Added an office in Kalispell, MT.
- Added an office in Orland Park, IL.
- Added an office in Scribner, NE.
- Added an office in Seward, NE.
- No longer lists an office in Bloomington, MN.
- No longer lists an office in Mill Creek, WA.
- No longer lists an office in New Berlin, WI.
- No longer lists an office in Racine, WI.
- February 2026
- No longer lists the business name Lighthouse Wealth Partners.
- Updated its list of owners and control persons (Schedule A).
- December 2025
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Thrivent Advisor Network, LLC (CRD 304569): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/thrivent-advisor-network-llc-minneapolis-mn-304569