{
  "crd_number": 304569,
  "slug": "thrivent-advisor-network-llc-minneapolis-mn-304569",
  "primary_business_name": "THRIVENT ADVISOR NETWORK, LLC",
  "legal_name": "THRIVENT ADVISOR NETWORK, LLC",
  "dbas": [
    "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"
  ],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-07-24",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-06-25",
  "carried_forward": false,
  "raum_total": 6835173774.0,
  "raum_discretionary": 6788190138.0,
  "raum_non_discretionary": 46983636.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 119,
  "advisory_employees": 119,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 93687343.0,
      "count": 62
    },
    "individuals": {
      "raum": 3725957310.0,
      "count": 13130
    },
    "pension_profit_sharing": {
      "raum": 10294020.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 2965377554.0,
      "count": 1481
    },
    "corporations_other_businesses": {
      "raum": 39857547.0,
      "count": 59
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/company/thriventadvisornetwork",
    "https://thriventadvisornetwork.com",
    "https://twitter.com/TanAdvisor"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304569",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/thrivent-advisor-network-llc-minneapolis-mn-304569",
  "display_name": "Thrivent Advisor Network, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Thrivent Advisor Network, LLC (CRD 304569): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Thrivent Advisor Network, LLC compensated?",
      "a": "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)."
    },
    {
      "q": "What does Thrivent Advisor Network, LLC's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Thrivent Advisor Network, LLC located?",
      "a": "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)."
    },
    {
      "q": "Is Thrivent Advisor Network, LLC registered with the SEC or a state?",
      "a": "Thrivent Advisor Network, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304569."
    },
    {
      "q": "How much does Thrivent Advisor Network, LLC manage?",
      "a": "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)."
    },
    {
      "q": "How have Thrivent Advisor Network, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Thrivent Advisor Network, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Thrivent Advisor Network, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Thrivent Advisor Network, LLC report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "What changed in Thrivent Advisor Network, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: No longer lists the business name Intentgen Financial Partners. No longer lists the business name Awaken Wealth Partners."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 5294253729.0,
      "total_employees": 192,
      "filing_date": "2021-08-19"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 6529169232.0,
      "total_employees": 205,
      "filing_date": "2022-09-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 5058431013.0,
      "total_employees": 134,
      "filing_date": "2023-08-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 6163786512.0,
      "total_employees": 164,
      "filing_date": "2024-08-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 6648306479.0,
      "total_employees": 139,
      "filing_date": "2025-06-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 6835173774.0,
      "total_employees": 119,
      "filing_date": "2026-06-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "No longer lists the business name Intentgen Financial Partners.",
        "No longer lists the business name Awaken Wealth Partners."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Added the business name Pearl Street Wealth Partners."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "No longer lists the business name Lighthouse Wealth Partners.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "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"
        ]
      }
    ],
    "quotes": [
      "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"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity",
      "name_as_filed": "FIDELITY",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/thrivent-advisor-network-llc-minneapolis-mn-304569.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 13130,
      "fewer_than_5": false,
      "raum": 3725957310.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1481,
      "fewer_than_5": false,
      "raum": 2965377554.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 10294020.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 62,
      "fewer_than_5": false,
      "raum": 93687343.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 59,
      "fewer_than_5": false,
      "raum": 39857547.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304569",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}