Thrivent

OverviewSuggest Edit

Thrivent (also known as Thrivent Financial for Lutherans) is a membership-owned financial planning and wealth management non-profit organization providing a variety of services to the community of Christians. It offers insurance, banking, investment options, and financial advice that aligns with customers' needs and priorities.

TypePrivate
Founded1902
HQMinneapolis, MN, US
Websitethrivent.com
Employee Ratings3.9
Overall CultureC-

Locations

Thrivent is headquartered in
Minneapolis, United States

Location Map

Latest Updates

Employees (est.) (Nov 2021)7,278
Job Openings893
Revenue (FY, 2020)$8.5 B(-5%)
Cybersecurity ratingCMore
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Key People/Management at Thrivent

Teresa J. Rasmussen

Teresa J. Rasmussen

President and Chief Executive Officer
Lisa Flanary

Lisa Flanary

Executive Vice President and Chief Growth Officer
Mary Jane Fortin

Mary Jane Fortin

Executive Vice President and Chief Commercial Officer
Paul R. Johnston

Paul R. Johnston

Executive Vice President, Chief Legal Officer, General Counsel and Secretary
Vibhu Sharma

Vibhu Sharma

Senior Vice President and Chief Financial Officer
David S. Royal

David S. Royal

Executive Vice President and Chief Investment Officer
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Thrivent Office Locations

Thrivent has offices in Minneapolis and Appleton
Minneapolis, MN, US (HQ)
600 Portland Ave #100
Appleton, WI, US
4321 N Ballard Rd
Show all (2)

Thrivent Financials and Metrics

Summary Metrics

Founding Date

1902
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Thrivent Revenue

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Thrivent's revenue was reported to be $8.54 b in FY, 2020 which is a 5.5% decrease from the previous period.
USD

Revenue (FY, 2020)

8.5b

Revenue growth (FY, 2019 - FY, 2020), %

(5.5%)

Gross profit (FY, 2020)

1.9b

Gross profit margin (FY, 2020), %

21.9%

Net income (FY, 2020)

657.0m
USDFY, 2018FY, 2019FY, 2020

Revenue

8.7b9.0b8.5b

Revenue growth, %

4%(6%)

Cost of goods sold

6.1b7.3b6.7b

Gross profit

2.6b1.7b1.9b
USDFY, 2018FY, 2019FY, 2020

Total Assets

90.5b102.2b109.3b

Total Liabilities

81.4b92.2b98.6b

Total Equity

9.1b10.1b10.7b

Financial Leverage

9.9 x10.2 x10.2 x
USDFY, 2018FY, 2019

Cash From Operating Activities

1.4b1.5b

Cash From Investing Activities

(1.6b)(1.3b)

Cash From Financing Activities

(34.9m)387.0m

Net Change in Cash

(143.2m)582.8m
USDFY, 2018

Revenue/Employee

1.2m

Financial Leverage

9.9 x
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Thrivent Operating Metrics

Thrivent's New Customers was reported to be 82 k in FY, 2020. Thrivent's Assets Under Management was reported to be $162b in FY, 2020.
FY, 2020Jun, 2021

Assets Under Management

$162 b

Clients

2.3 m

New Customers

82 k

Trademarks (US)

118
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Thrivent Acquisitions / Subsidiaries

Company NameDateDeal Size
Ronald Blue TrustAugust 02, 2017
Newman Long Term CareMarch 30, 2015
AAL Holdings Inc
Daniel AAL Krout
Lutheran Brotherhood Research Corporation
North Meadows Investment Ltd
Thrivent Asset Management, LLC
Thrivent Financial
Thrivent Financial Investor Services Inc.
Thrivent Financial Lifelong Resources Inc.
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Thrivent Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Thrivent Online and Social Media Presence

Embed Graph

Thrivent Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    C+

    66/100

  • Compensation

    B-

    70/100

  • Diversity

    D

    51/100

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Thrivent Frequently Asked Questions

  • When was Thrivent founded?

    Thrivent was founded in 1902.

  • Who are Thrivent key executives?

    Thrivent's key executives are Teresa J. Rasmussen, Lisa Flanary and Mary Jane Fortin.

  • How many employees does Thrivent have?

    Thrivent has 7,278 employees.

  • What is Thrivent revenue?

    Latest Thrivent annual revenue is $8.5 b.

  • What is Thrivent revenue per employee?

    Latest Thrivent revenue per employee is $1.2 m.

  • Who are Thrivent competitors?

    Competitors of Thrivent include First Financial Bancorp, Orrstown Financial Services and Ameriprise Financial.

  • Where is Thrivent headquarters?

    Thrivent headquarters is located at 600 Portland Ave #100, Minneapolis.

  • Where are Thrivent offices?

    Thrivent has offices in Minneapolis and Appleton.

  • How many offices does Thrivent have?

    Thrivent has 2 offices.