Clients
Thrivent Investment Capital Advisors serves 47 clients. The average client has about $485 million with the firm.
- Pooled investment vehicles47 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 47 | $22,781,793,218 | 100.0% | $484.7M |
| Total | 47 | $22,781,793,218 | 100% | $484.7M |
- Clients
- 47
- Regulatory AUM
- $22,781,793,218
- Share
- 100.0%
- Avg. per client
- $484.7M
Total
- Clients
- 47
- Regulatory AUM
- $22,781,793,218
- Share
- 100%
- Avg. per client
- $484.7M
What it does
Thrivent Investment Capital Advisors provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Thrivent Investment Capital Advisors advises 36 private funds.
100.0% of assets ($22.78B across 47 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Thrivent Investment Capital Advisors has custody of $22.78B for 47 clients.
- All other custodians$22.78B100%
Ownership and leadership
Thrivent Financial Holdings, Inc. owns 75% or more of Thrivent Investment Capital Advisors.
- Owns 75% or more of Thrivent Investment Capital Advisors, LLC
Thrivent Financial Holdings, Inc.
Control person · since August 2025
- Owns 75% or more of Thrivent Financial Holdings, Inc.
Thrivent Financial for Lutherans
Control person · since August 1986
Leadership
- Gregory AndersonElected Manager and President
- Jerome BordenChief Compliance Officer
- Jenna JensonChief Legal Officer and Secretary
- Michael KremenakElected Manager
- Andrew Dylan NorgardTreasurer
- David RoyalElected Manager
Staff
- 66 employees
- 24 in advisory functions
- 1 state-registered rep
- 8 broker-dealer reps
Fees
Thrivent Investment Capital Advisors is paid through a percentage of assets under management and performance-based fees.
Thrivent Investment Capital Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Thrivent Investment Capital Advisors has 0 offices, with 1 listed address in 1 state.
Minnesota · 1 listed address
- 901 Marquette Avenue, Suite 2500, MinneapolisHQ
Registration details
- Legal name
- Thrivent Investment Capital Advisors, LLC
- Headquarters
- 901 Marquette Avenue, Suite 2500, Minneapolis, MN 55402-3211
- Phone
- 800-847-4836
- Website
- Not reported
- SEC file
- 801-134357
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Thrivent Investment Capital Advisors have?
Thrivent Investment Capital Advisors has 47 clients and manages $22.8 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Thrivent Investment Capital Advisors offer?
Thrivent Investment Capital Advisors provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Thrivent Investment Capital Advisors have?
Thrivent Investment Capital Advisors has 1 investment adviser representatives registered with state securities authorities, out of 66 employees, and 24 perform investment advisory functions. 8 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Thrivent Investment Capital Advisors?
Thrivent Investment Capital Advisors is owned through a holding company by Thrivent Financial for Lutherans. Its direct owner is Thrivent Financial Holdings, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Thrivent Investment Capital Advisors get paid?
Thrivent Investment Capital Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file