What type of company is Thrivent Financial?

fraternal benefit society
Thrivent (/ˈθraɪvɪnt/ THRYVE-int) is a Fortune 500 not-for-profit financial services organization headquartered in Minneapolis, Minnesota, and Appleton, Wisconsin, and founded by Lutherans. As a member-owned fraternal benefit society, it operates under a chapter system, serving nearly 2.3 million members.

Is Thrivent Financial a good company?

Thrivent is a Christian non-profit organization that works with its clients to help them achieve their financial goals. The firm is on the 2019 Fortune 500 list and has been ranked by Ethisphere as one of the world’s most ethical companies for 10 years running.

What kind of insurance is Thrivent?

Long-Term Care Insurance Your Thrivent financial professional can help you with financial strategies and services that match your values and beliefs. THRIVENT IS THE MARKETING NAME FOR THRIVENT FINANCIAL FOR LUTHERANS.

What services does Thrivent offer?

Thrivent is a fraternal benefit society that issues Thrivent fixed and variable life insurance, variable annuity, fixed indexed annuity, and fixed-rate annuity contracts. It also serves as the investment adviser for each of the Thrivent Series Fund, Inc., portfolios that are available in Thrivent variable products.

How much do Thrivent Financial reps make?

Thrivent Salaries

Is Thrivent a fiduciary?

Thrivent Trust Company serves as trustee for a wide variety of trusts. We also act in a fiduciary capacity through court appointment as personal representative, executor, guardian and conservator.

How do Thrivent Financial advisors get paid?

Your financial representative receives commissions or other compensation when you invest in a product or service and during the time that you own it. Some Thrivent Financial corporate employees also are paid when a financial representative sells a product, because they provide related training and support.

Does Thrivent pay a salary?

The average estimated annual salary, including base and bonus, at Thrivent is $123,880, or $59 per hour, while the estimated median salary is $124,108, or $59 per hour. Salaries contributed from Thrivent employees include job titles like DevOps, Graphic Designer, Business Analyst, and IT Support Engineer.

Does Thrivent pay base salary?

How does the salary as a Financial Advisor at Thrivent compare with the base salary range for this job? The average salary for a Financial Advisor is $58,773 per year in United States, which is 21% lower than the average Thrivent salary of $74,459 per year for this job.

Is Edward Jones a fiduciary?

It is important to point out that the Court found Edward Jones to be a fiduciary as a matter of law. That is, the evidence supporting the broker’s fiduciary status was “so powerful that no reasonable jury would be free to disbelieve it… [and is not] susceptible of different interpretations or inferences.”

Is Raymond James better than Edward Jones?

Raymond James Financial scored higher in 3 areas: Overall Rating, % Recommend to a friend and Positive Business Outlook. Edward Jones scored higher in 5 areas: Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and CEO Approval. Both tied in 1 area: Career Opportunities.

Does Edward Jones have hidden fees?

Hidden investment fees are not uncommon, as I learned with my Fidelity 401(k), but Edward Jones ups the ante. VTSMX is the same thing as VTSAX, but for investors with fewer than $10,000. The expense ratio is slightly higher for VTSMX than VTSAX, but still very cheap relative to the competition.

Where is Thrivent investment management in Minneapolis MN?

Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent.

How to contact Thrivent Financial Services by phone?

Fax: 800-225-2264 Hours: M – F: 7 a.m. – 6 p.m. (CST) Talk with a Financial Professional Phone: 888-834-7434

What do you need to know about Thrivent life insurance?

Thrivent is a unique community, a not-for-profit fraternal benefit society. We’re also a Fortune 500 financial services organization. Our tradition of financial strength is driven by our focus on people, not profits. As life changes, so do your insurance needs. Be sure you have the right type and amount of life insurance in place.

Who are the members of the Thrivent credit union?

Deposit and lending services are offered by Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Must qualify for membership.

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