Thrivent financial advisors are compensated for their work in bringing in donor gifts. This compensation is paid by Thrivent and results from the investment of donor gifts in Thrivent mutual fund shares.
Referral GDC and commissions are 1% of charitable gifts (.25% for gifts of existing Thrivent mutual fund assets) invested by Thrivent Charitable in Thrivent Mutual Fund S Shares. GDC and commissions are credited after the money is received by Thrivent Charitable and funds are invested in Thrivent Mutual Fund S Shares. On an ongoing basis, no asset based GDC or asset based commissions will be paid to FAs on Thrivent Charitable Accounts
In the case of bequests and beneficiary proceeds, Thrivent compensates financial advisors when the assets are received and invested by the Thrivent Charitable Impact & Investing (upon the donor’s death). To receive compensation, the financial advisors must still be employed by Thrivent.
Life Referral Incentive
As of July 1, 2023, Thrivent Financial advisors receive the same renewal compensation for charitable life insurance as they receive for other life insurance solutions. This applies to policies assigned to Thrivent Charitable on or after July 1, 2023.
Thrivent Charitable Impact & Investing is a public charity that serves individuals, organizations and the community through charitable planning, donor-advised funds and endowments. Thrivent Charitable Impact & Investing works collaboratively with Thrivent and its financial advisors. It is a separate legal entity from Thrivent, the marketing name for Thrivent Financial for Lutherans.
Insurance products, securities and investment advisory services are provided by appropriately appointed and licensed financial advisors and professionals. Only individuals who are financial advisors are credentialed to provide investment advisory services. Visit Thrivent.com or FINRA’s Broker Check for more information about Thrivent’s financial advisors.
In the case of bequests and beneficiary proceeds, Thrivent compensates financial advisors when the assets are received and invested by the Thrivent Charitable Impact & Investing (upon the donor’s death). To receive compensation, the financial advisors must still be employed by Thrivent.
Life Referral Incentive
As of July 1, 2023, Thrivent Financial advisors receive the same renewal compensation for charitable life insurance as they receive for other life insurance solutions. This applies to policies assigned to Thrivent Charitable on or after July 1, 2023.
Thrivent Charitable Impact & Investing is a public charity that serves individuals, organizations and the community through charitable planning, donor-advised funds and endowments. Thrivent Charitable Impact & Investing works collaboratively with Thrivent and its financial advisors. It is a separate legal entity from Thrivent, the marketing name for Thrivent Financial for Lutherans.
Insurance products, securities and investment advisory services are provided by appropriately appointed and licensed financial advisors and professionals. Only individuals who are financial advisors are credentialed to provide investment advisory services. Visit Thrivent.com or FINRA’s Broker Check for more information about Thrivent’s financial advisors.