DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Thrivent Asset Management, LLC

Asset manager (funds and pooled vehicles)Minneapolis, MinnesotaCRD 137751SEC 801-64988websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 28, 2012 · 36 filings
SEC status approved since Dec 15, 2005
RAUM
$48B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
23
registered through the firm on IAPD
RAUM per advisor
$2.1B
derived; firm RAUM over IAPD count
Employees
426
155 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$48B as of Mar 31, 2026
Mar 28, 2012$14B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 28, 20120 then
Employees (5.A)426 as of Mar 31, 2026
Apr 1, 2013285 then
Private funds: no history
RAUM +2.5% over the last fiscal year+24% a year over threeIARs 4 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$2.1BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.5BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
18.5derivedItem 5.A over advisors
Advisors per office
11.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+2.5%derivedbetween the last two annual amendments
Advisor growth, one year
-75%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companies, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$48B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
31reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=12.0derived
Advisors registered through the firm
23 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Daniel Robert ChouanardMinneapolis, MnJun 25, 201930 y1
John Carter WeilerMinneapolis, MnJul 8, 201924 y2
Maxime Killian ShaughnessyMinneapolis, MnJul 8, 201913 y3
Blaine Robert GundershaugMinneapolis, MnJul 8, 201925 y1
Heather Love LonglaisAppleton, WiJul 8, 201927 y1
Jonathan DacanayMinneapolis, MnJun 25, 202010 y1
Michael James RomanoMinneapolis, MnJan 5, 202114 y0
Cole Hendrickson CarterMinneapolis, MnApr 14, 202110 y0
Kristine Joy MogollonMinneapolis, MnMay 3, 202125 y1
Ashley Marie FagelyMinneapolis, MnMay 14, 202111 y3
Robyn Mary JoynerMinneapolis, MnMay 14, 202119 y2
Jason L PachecoMinneapolis, MnSep 27, 202119 y2
Raschel Lynn GravesMinneapolis, MnJan 7, 202236 y0
Yale NelsonMinneapolis, MnAug 2, 202218 y0
John Charles HershockMinneapolis, MnSep 26, 202228 y0
Jennifer Elizabeth FinnMinneapolis, MnMar 16, 202312 y0
Aaron BonnemaMinneapolis, MnSep 24, 202413 y2
Eugene P SullivanMinneapolis, MnNov 25, 202434 y6
Charles R HofstromMinneapolis, Mn Jan 21, 202512 y1
Casey MitchellMinneapolis, MnMar 17, 202513 y2
Timothy John GuagliardoMinneapolis, MnMay 6, 202515 y0
Michael J McgrawCertified Financial PlannerMinneapolis, MnMay 6, 202624 y1
Gregory Scott StevensMinneapolis, MnJun 22, 202613 y5
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 4.3% of current headcount7 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Alan Troy Beaver · Elected Manager And Vice Presidentcontrol
      since 10/2017 · owns less than 5%
    • Lynn Sarah Bergstrom · Assistant Treasurercontrol
      since 12/2018 · owns less than 5%
    • David Jeffrey Cloutier · Vice President, Chief Financial Officer And Treasurercontrol
      since 07/2022 · owns less than 5%
    • Stuart Edward Dryden · Chief Compliance Officercontrol
      since 12/2010 · owns less than 5%
    • Erin Jessica English · Assistant Secretarycontrol
      since 12/2019 · owns less than 5%
    • David John Jackson · Assistant Secretarycontrol
      since 12/2020 · owns less than 5%
    • Karen Jenna Jenson · Chief Legal Officer And Secretarycontrol
      since 12/2020 · owns less than 5%
    • Marie Kathleen Koelling · Privacy Officercontrol
      since 10/2010 · owns less than 5%
    • Walden Michael Kremenak · Elected Managercontrol
      since 12/2020 · owns less than 5%
    • Harris Causton Steven Lee · Derivatives Risk Managercontrol
      since 07/2022 · owns less than 5%
    • Kay Sharon Minta · Anit-Money Laundering Officercontrol
      since 08/2019 · owns less than 5%
    • Jean Cynthia Nigbur · Assistant Secretarycontrol
      since 02/2006 · owns less than 5%
    • Lee Jamie Riesterer · Elected Managercontrol
      since 01/2022 · owns less than 5%
    • Scott David Royal · Presidentcontrol
      since 07/2017 · owns less than 5%
    Entity owners
    • Thrivent Financial Holdings, Inc. · Member
      direct · owns 75% or more
    • Thrivent Financial For Lutherans · Shareholder
      indirect · owns 75% or more of Thrivent Financial Holdings, Inc.
    Related persons
    Schedule D 7.A
    • Newman Financial Services LLC
      real estaten
    • Thrivent Advisor Network, LLC
      investment advisernRAUM $6.8B
    • Thrivent Distributors, LLC
      broker-dealern
    • Thrivent Financial For Lutherans
      investment adviserbankpooled vehicle sponsorreal estateyRAUM $129B
    • Thrivent Insurance Agency Inc.
      real estaten
    • Thrivent Investment Management Inc.
      broker-dealerinvestment adviseryRAUM $21B
    • Thrivent Trust Company
      n
    • Thrivent White Rose Endurance Gp II, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Endurance Gp III, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Endurance Gp, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp II, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp III, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp IV, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Ix, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp V, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Vi, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Vii, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Viii, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp X, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xi, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xii, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xiii, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xiv, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xv Equity Direct, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Gp Xv Fund Of Funds, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Opportunity Fund Gp, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Real Estate Gp I, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Real Estate Gp II, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Real Estate Gp III, LLC
      pooled vehicle sponsorn
    • Thrivent White Rose Real Estate Gp IV, LLC
      pooled vehicle sponsorn
    Advisers that list Thrivent Asset Management, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Minneapolis, Mn · principal2221
    Offices
    Schedule D 1.F, the 25 largest
    • Appleton, WI11 employees
    What changed
    consecutive filings, newest first
    • Advisory employees · 152 to 155
      Jan 29, 2026 to Mar 31, 2026
    • BD registered reps · 15 to 12
      Jan 29, 2026 to Mar 31, 2026
    • Employees · 450 to 426
      Jan 29, 2026 to Mar 31, 2026
    • Insurance-licensed employees · 4 to 1
      Jan 29, 2026 to Mar 31, 2026
    • State-registered IARs · 4 to 1
      Jan 29, 2026 to Mar 31, 2026
    • Discretionary RAUM · $47B to $48B
      Jan 29, 2026 to Mar 31, 2026
    • RAUM · $47B to $48B
      Jan 29, 2026 to Mar 31, 2026
    • Accounts · 33 to 31
      Mar 28, 2024 to Mar 31, 2025
    • Advisory employees · 153 to 152
      Mar 28, 2024 to Mar 31, 2025
    • Employees · 431 to 450
      Mar 28, 2024 to Mar 31, 2025
    • Insurance-licensed employees · 2 to 4
      Mar 28, 2024 to Mar 31, 2025
    • Financial planning clients · unset to
      Mar 28, 2024 to Mar 31, 2025
    • State-registered IARs · 2 to 4
      Mar 28, 2024 to Mar 31, 2025
    • Discretionary RAUM · $30B to $47B
      Mar 28, 2024 to Mar 31, 2025
    • RAUM · $30B to $47B
      Mar 28, 2024 to Mar 31, 2025
    • Advisory employees · 160 to 153
      Aug 1, 2023 to Mar 28, 2024
    • BD registered reps · 12 to 15
      Aug 1, 2023 to Mar 28, 2024
    • Employees · 450 to 431
      Aug 1, 2023 to Mar 28, 2024
    • Insurance-licensed employees · 4 to 2
      Aug 1, 2023 to Mar 28, 2024
    • State-registered IARs · 4 to 2
      Aug 1, 2023 to Mar 28, 2024
    • Discretionary RAUM · $25B to $30B
      Aug 1, 2023 to Mar 28, 2024
    • RAUM · $25B to $30B
      Aug 1, 2023 to Mar 28, 2024
    • Accounts · 31 to 33
      Oct 11, 2022 to Mar 31, 2023
    • Advisory employees · 145 to 160
      Oct 11, 2022 to Mar 31, 2023
    • Employees · 423 to 450
      Oct 11, 2022 to Mar 31, 2023
    • Insurance-licensed employees · 3 to 4
      Oct 11, 2022 to Mar 31, 2023
    • State-registered IARs · 3 to 4
      Oct 11, 2022 to Mar 31, 2023
    • Discretionary RAUM · $29B to $25B
      Oct 11, 2022 to Mar 31, 2023
    • RAUM · $29B to $25B
      Oct 11, 2022 to Mar 31, 2023
    • Advisory employees · 140 to 145
      Mar 31, 2021 to Mar 31, 2022
    • BD registered reps · 6 to 12
      Mar 31, 2021 to Mar 31, 2022
    • Employees · 431 to 423
      Mar 31, 2021 to Mar 31, 2022
    • Insurance-licensed employees · 4 to 3
      Mar 31, 2021 to Mar 31, 2022
    • State-registered IARs · 4 to 3
      Mar 31, 2021 to Mar 31, 2022
    • Discretionary RAUM · $24B to $29B
      Mar 31, 2021 to Mar 31, 2022
    • RAUM · $24B to $29B
      Mar 31, 2021 to Mar 31, 2022
    • Accounts · 28 to 31
      Dec 21, 2020 to Mar 31, 2021
    • Advisory employees · 142 to 140
      Dec 21, 2020 to Mar 31, 2021
    • Employees · 415 to 431
      Dec 21, 2020 to Mar 31, 2021
    • Discretionary RAUM · $21B to $24B
      Dec 21, 2020 to Mar 31, 2021
    Signals
    27 dated events
    • Rachel Katherine Engel left Thrivent Asset Management, Llc for Stiles Financial Services, Inc. (registered 2025-11-12)
      Oct 13, 2025 · Advisor changed firm · fact
    • Thrivent Asset Management, Llc reported RAUM $46.8B, up 54% from $30.3B (2024-03-28 to 2025-03-31)
      Mar 31, 2025 · RAUM change · derived
    • Joshua Kevin Gross left Thrivent Asset Management, Llc for Fisher Investments (registered 2024-09-10)
      Sep 3, 2024 · Advisor changed firm · fact
    • Kelsea Sullivan left Thrivent Asset Management, Llc for Fidelity Institutional Wealth Adviser Llc (registered 2026-01-06)
      Jul 17, 2024 · Advisor changed firm · fact
    • Jeremy Newgard left Thrivent Asset Management, Llc for Private Advisor Group, Llc (registered 2024-07-09)
      Jul 17, 2024 · Advisor changed firm · fact
    • Jared Bradley Hagen left Thrivent Asset Management, Llc for Xa Investments (registered 2025-03-25)
      Jul 17, 2024 · Advisor changed firm · fact
    • Steven Jared Zimmerman left Thrivent Asset Management, Llc for Polen Capital Management, Llc (registered 2024-07-11)
      Jul 17, 2024 · Advisor changed firm · fact
    • Dwayne Javier left Thrivent Asset Management, Llc for Advisors Asset Management, Inc. (registered 2024-12-03)
      Jul 17, 2024 · Advisor changed firm · fact
    • Lynn Monica Kleve (Vice President And Chief Operating Officer) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2022-10-11, absent 2023-03-31)
      Mar 31, 2023 · Control person left · inference
    • Harris Causton Steven Lee (Derivatives Risk Manager) appeared on Schedule A of Thrivent Asset Management, Llc
      Jul 19, 2022 · Control person joined · fact
    • Vincent Gerard Vaillancourt (Elected Manager, Vice President, Cfo And Treasurer) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2022-03-31, absent 2022-07-19)
      Jul 19, 2022 · Control person left · inference
    • Ranjan Vibhu Sharma (Elected Manager) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2021-03-31, absent 2022-03-31)
      Mar 31, 2022 · Control person left · inference
    • Lee Jamie Riesterer (Elected Manager) appeared on Schedule A of Thrivent Asset Management, Llc
      Mar 31, 2022 · Control person joined · fact
    • Karen Jenna Jenson (Secretary And Chief Legal Officer) appeared on Schedule A of Thrivent Asset Management, Llc
      Dec 21, 2020 · Control person joined · fact
    • David John Jackson (Assistant Secretary) appeared on Schedule A of Thrivent Asset Management, Llc
      Dec 21, 2020 · Control person joined · fact
    • Thrivent Asset Management, Llc reported 4 state-registered advisory representatives, down from 15 (2019-12-26 to 2020-03-30)
      Mar 30, 2020 · Advisor headcount change · derived
    • Erin Jessica English (Assistant Secretary) appeared on Schedule A of Thrivent Asset Management, Llc
      Dec 26, 2019 · Control person joined · fact
    • Lee Randall Boushek (Elected Manager) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2019-08-22, absent 2019-12-26)
      Dec 26, 2019 · Control person left · inference
    • Ranjan Vibhu Sharma (Elected Manager) appeared on Schedule A of Thrivent Asset Management, Llc
      Dec 26, 2019 · Control person joined · fact
    • Bernard Paul Zastrow (Elected Manager) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2019-08-22, absent 2019-12-26)
      Dec 26, 2019 · Control person left · inference
    • Kay Sharon Minta (Anit-Money Laundering Officer) appeared on Schedule A of Thrivent Asset Management, Llc
      Aug 22, 2019 · Control person joined · fact
    • Lynn Monica Kleve (Elected Manager, Vice President And Chief Operating Officer) appeared on Schedule A of Thrivent Asset Management, Llc
      Jul 2, 2019 · Control person joined · fact
    • Marie Janice Guimond (Elected Manager, Vice President And Coo) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2019-03-29, absent 2019-07-02)
      Jul 2, 2019 · Control person left · inference
    • Alma Christina Smith (Chief Legal Officer And Secretary) no longer on Schedule A of Thrivent Asset Management, Llc (listed 2019-03-29, absent 2019-07-02)
      Jul 2, 2019 · Control person left · inference
    • Bernard Paul Zastrow (Elected Manager) appeared on Schedule A of Thrivent Asset Management, Llc
      Jan 16, 2019 · Control person joined · fact
    • Lynn Sarah Bergstrom (Assistant Treasurer) appeared on Schedule A of Thrivent Asset Management, Llc
      Jan 2, 2019 · Control person joined · fact
    • David Jeffrey Cloutier (Assistant Treasurer) appeared on Schedule A of Thrivent Asset Management, Llc
      Jan 2, 2019 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Firm profile
    linkedin.com/company/thrivent-asset-managementreportedpublic record, Form ADV, Sep 18, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/THRIVENTreportedpublic record, Form ADV, Sep 18, 2026
    Website
    fp.thriventfunds.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    800-847-4836reportedpublic record, Form ADV, Mar 31, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
    RAUM per advisor
    $2.1Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026