Senior Advisor, Investments | Thrivent Charitable Impact & Investing

Position Summary

Thrivent Charitable Impact & Investing (“Thrivent Charitable”) is the 501(c)(3) Generosity arm of Thrivent Financial (“Thrivent”). Over the last 27 years, Thrivent Charitable has worked directly with clients, financial advisors and community partners to generate more than $1.7 billion in charitable investments and commitments to support important charitable organizations and address the most pressing issues in our communities.

Thrivent Charitable works directly with its clients (which include individuals and institutions) to cultivate and facilitate their generosity by providing offerings such as charitable planning expertise, advice, insurance, annuities and trusts, investments, grants vetting and distributions. Through their funds at Thrivent Charitable, donors have given over $200 million back to their communities across the world. Thrivent Charitable’s constituents also include community organizations in all 50 states and across the world with which Thrivent Charitable collaborates.

While a separate and independent entity, Thrivent Charitable and Thrivent work with each other to provide charitable and legacy planning curriculum, education, advice, practice growth support, resources and client-management for professional advisors, all to help clients with purpose-based financial and personal planning to lead lives of meaning and gratitude.

Thrivent Charitable is undertaking a transformation to scale its services and offerings. This need stems from year over year growth, existing client charitable commitments that will triple Thrivent Charitable’s AUM in the coming years, and quickly evolving consumer expectations that call for enhanced capabilities and responsive offerings.

The Senior Advisor (“SA”) is a consultant who will be a seasoned, strategic, broad-thinking and agile leader, helping to implement Thrivent Charitable’s new investment strategy and offerings. The SA will serve as a primary liaison with the CEO, Investment Committee and external investment advisors (currently Cambridge Associates [“CA”], Veris Wealth Partners and Thrivent Asset Management). CA plays a large role in preparing Committee materials and presentations. The estimated time commitment for the SA is ~10 hours per week though there may be some weeks that require more or less as needed.

Duties & Responsibilities

  • Along with the CEO and CA, serve as a liaison to Thrivent Charitable’s Investment Committee and Board of Directors for quarterly Committee and Board meetings.
  • Lay the foundation for an effective implementation of Thrivent Charitable’s new investment offerings. This includes:
    • Identifying and negotiating with appropriate investment advisors/managers.
    • Reviewing investment policy and guidelines for any revisions needed and ensuring compliance.
    • Teaming with operations staff to help them implement new investment offerings.
    • Recommending updates to investment policies and guidelines.
    • Work with outside counsel to confirm that investment choices with new offerings are compliant with applicable laws.
    • Work with Marketing team to develop marketing and communications plan for new offerings.
  • Ensure missional objectives guide our work and align to Thrivent Charitable’s investment offerings. 
  • As needed, communicate with donors, professional advisors, and partners on investment matters, including but not limited to investment pool performance, asset allocation and investment objectives.

Qualifications & Skills

Required:

  • Executive level experience leading investment funds or significant portfolios.
  • 15+ years’ experience in investments or related industry with expert knowledge of financial instruments (e.g., equities, fixed income, hedge funds, private equities, etc.).
  • Demonstrated ability to work closely and influence a broad spectrum of constituents from clients to vendors to corporate partners.
  • Knowledge of ESG and impact investing.
  • Strong problem solving and creative skills. Ability to exercise sound judgement and make decisions based on accurate and timely analysis.
  • Desire and ability to work in both defined and ambiguous situations.
  • Experience working with boards.
  • People management.

Preferred:

  • M.B.A. or other advanced degrees.
  • Experience with mission-driven organizations.

Contact: Please send all resumes and/or bios and inquiries to max.erickson@thrivent.com.