Managed Accounts
Confidently pursue your investment goals with managed accounts
Partner with a Thrivent Financial Advisor to create a unique investment strategy built around your values and goals.
Two ways to schedule your free consultation
A local financial advisor near you
Find a financial advisor in your community and start building a relationship to get you on the right path toward your goals.Virtual Advice Team
Talk to a financial advisor, online or over the phone, when and how it's convenient for you.Explore investment styles to meet you where you’re at
Our financial advisors will partner with you throughout your wealth-building journey. You have the flexibility to utilize their expertise as much or as little as you prefer.
Personalized Investment Management
Embrace the power of investing with the guidance of a financial advisor, knowing every purchase, sale or trade requires your approval.
Managed Investment Solutions
Benefit from a financial advisor managing your investments without requiring your approval for every transaction, purchase, sale, or trade.
Ready to schedule your strategy session?
Reach out to schedule a time to connect.
Your advisor will answer your questions and explain how a managed account could benefit your portfolio.
Choose the option that best fits your investment style.
Concerned About Tax Implications?
If you're worried about the tax impact of moving your non-qualified managed account portfolio, our Tax Overlay Services can help. This add-on feature for a number of managed accounts can potentially increase tax-efficient investing by:
Providing Expert Management: Envestnet, the platform manager for Thrivent’s Managed Accounts Program, implements trade recommendations from the model provider after carefully considering the tax consequences of those transactions to your account on a discretionary basis.*
*This can result in the account deviating from the modelFrequently Asked Questions
More details about this investment option from Thrivent.
Thrivent’s managed account programs offer portfolios containing a variety of asset classes and investment options, including:
- Stocks
- Bonds
- Mutual funds
- Exchange-traded funds (ETFs)
Like most mutual funds, ETFs offer access to professional portfolio managers and broad diversification. But, like stocks, they can be traded throughout the day. That means fund managers of accounts containing stocks or ETFs can react to market fluctuations as they occur.
How does an accounts asset mix change, over time?
At various times, a managed account’s assets may be adjusted, based on economic factors and the goals you want to achieve with the program.
Do I approve every change in my account’s asset mix?
Your involvement in decisions about asset reallocation depends on the managed account program you select. Options available through Thrivent’s Managed Accounts Program include:
Discretionary accountsAn authorized investment advisor representative (your Thrivent financial advisor, Envestnet “Platform Manager”, or Sub-Manager) may buy, sell and trade assets without securing your approval for each transaction.
Nondiscretionary accountsEvery purchase, sale or trade requires your prior approval.
How much money do I need to open a managed account?
Each managed account program has its own minimum investment requirement. No accounts within Thrivent’s Managed Accounts Program may be opened with a total market value of less than $25,000.
How are account fees calculated?
Generally, a managed account’s annual fees are based on a percentage of the market value of the Eligible Program Assets in the Account as of the last business day of the end of the quarter. Other fees may apply, as well.
Investing involves risks, including the possible loss of principal. The product and summary prospectuses for applicable securities (including mutual funds held in an account) and the Thrivent Investment Management Inc. Managed Accounts Program Brochurecontain information on investment objectives, risks, charges and expenses, which investors should read carefully and consider before investing. Available at Thrivent.com.
By selecting “Find a Financial Advisor” you will have the opportunity to find and request contact with a Thrivent financial advisor near you. By selecting “Contact the Virtual Advice Team” you will be able to schedule a call with a financial advisor from the Virtual Advice Team.
Securities and investment advisory services are offered through Thrivent Investment Management Inc., a registered investment adviser, member FINRA and SIPC, and a subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans. Thrivent financial advisors are registered representatives of Thrivent Investment Management Inc. Advisory services are available through investment adviser representatives only. Thrivent Investment Management Inc. is the sponsoring investment adviser of the Managed Accounts Program offered through Envestnet Asset Management Inc., a third-party provider of investment management services. Security transactions are handled by National Financial Services LLC, a Fidelity Investments® Company, registered broker-dealer, and member New York Stock Exchange and SIPC. National Financial Services, Envestnet Asset Management and Thrivent Investment Management Inc. are not affiliated. In all programs except the Thrivent Advisor Guided Program, your Thrivent financial advisor does not have discretionary trading authority. See Thrivent.com/disclosures.
Eligible program assets may consist of Thrivent Mutual Funds. Thrivent Asset Management, LLC serves as investment manager for Thrivent Mutual Funds and receives a management fee for its services, as disclosed in the applicable funds’ prospectuses. Thrivent Investment Management Inc. ("Thrivent") and its affiliates may earn distribution and other fees in connection with Thrivent Mutual Funds. These fees are in addition to the investment advisory fee you pay quarterly for the Impact, Advisor, Advisor Guided, SELECT, Income-Focused and Unified Managed accounts. Generally, it is more profitable for Thrivent if you purchase products that are underwritten and advised by Thrivent and its affiliates, such as Thrivent Mutual Funds.
For all funds and investments, other fees may apply. Fees and expenses vary by fund and are described in the applicable funds’ prospectuses. Depending on certain factors, including but not limited to your holding period, you may pay more or less in total fees in a Managed Accounts Program versus paying separately for services, such as the purchase of a mutual fund with a sales load.
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