Subscribe

Future of Thrivent Advisor Network in question after Armitage exit

Carolyn Armitage

Top exec says firm changed direction as platform posed too much competition for its legacy insurance side.

The laying off of five top executives at Thrivent Advisor Network Wednesday has raised questions about the future of the four-year-old platform made up of 25 advisory businesses that combine for $5 billion in client assets.

The RIA, known as TAN, appeared to send up the white surrender flag by fi

Subscribe or log in to read the rest of this content.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Are AUM fees heading toward extinction?

The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors hail traditional benefits of ETFs while trend toward aggressive equity exposure shows how 'soft landing has replaced recession.'

Chasing retirement plan prospects with a minority business owner connection

Martin Smith blends his advisory niche with an old-school method of rolling up his sleeves and making lots of cold calls.

Inflation data fuel markets but economists remain cautious

PCE inflation data is at its lowest level in two years, but is that enough to stop the Fed from raising interest rates?

Advisors roll with the Fed’s well-telegraphed monetary policy move

The June pause in the rate-hike cycle has introduced the possibility of another pause in September, but most advisors see rates higher for longer.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print