{
  "crd_number": 338378,
  "slug": "thrivent-private-investments-minneapolis-mn-338378",
  "primary_business_name": "THRIVENT PRIVATE INVESTMENTS",
  "legal_name": "THRIVENT INVESTMENT CAPITAL ADVISORS, LLC",
  "dbas": [],
  "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": "2025-09-30",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 22781793218.0,
  "raum_discretionary": 22781793218.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 66,
  "advisory_employees": 24,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 22781793218.0,
      "count": 47
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MN",
    "WI"
  ],
  "websites": [
    "https://thriventprivateinvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338378",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/thrivent-private-investments-minneapolis-mn-338378",
  "display_name": "Thrivent Private Investments",
  "summary": "Thrivent Private Investments is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2025, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Thrivent Private Investments (CRD 338378): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Thrivent Private Investments compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Thrivent Private Investments reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Thrivent Private Investments located?",
      "a": "Thrivent Private Investments' principal office is in Minneapolis, MN, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Thrivent Private Investments registered with the SEC or a state?",
      "a": "Thrivent Private Investments is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338378."
    },
    {
      "q": "How much does Thrivent Private Investments manage?",
      "a": "Thrivent Private Investments reports $22,781,793,218 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Thrivent Private Investments serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (47)."
    },
    {
      "q": "Does Thrivent Private Investments 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/338378"
    },
    {
      "q": "What changed in Thrivent Private Investments' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $15,576,234,617 to $22,781,793,218 (+46%). No longer lists an office in Appleton, WI."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $15,576,234,617 to $22,781,793,218 (+46%).",
        "No longer lists an office in Appleton, WI."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/thrivent-private-investments-minneapolis-mn-338378.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 47,
      "fewer_than_5": false,
      "raum": 22781793218.0
    }
  ],
  "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/338378",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}