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Bruce Ensrud

34 Years of Experience
Edina, MN
BrokerSells Insurance

Bruce Ensrud is a registered investment advisor at Thrivent Investment Management INC., based in Edina, MN, with 34 years of industry experience. Bruce operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Retirement Planning. Their firm serves 77,792 clients with $17B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3110 advisors
Number of Clients
77,792 clients
Average Client Portfolio
$225K average
Assets Under Management
$17.5B

Fee Structure

Minimum Investment:$25K

Thrivent Investment Management offers several managed account programs, each with different investment options and strategies. The fees for these programs are based on a percentage of the assets in your account and are negotiable. The specific fee will depend on the program you choose, the assets in your account, and the complexity of your financial situation. Some programs may also have additional fees for tax overlay services or private wealth consulting. The fees are deducted from your account quarterly.

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Location

7760 France Ave S, Suite 710, Edina, MN, 55435

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Bruce is a board member for three non-profit organizations, spends nearly full-time as a wealth advisor and founding partner at Thrivent Advisor Network, LLC, DBA Parable Wealth Partners, and dedicates about 10-20% of his time to selling fixed insurance products. He also owns and provides leadership for Storyline, LLC and Ernst & Andrew, LLC, dedicating minimal time to each.

Employment History
Current Registrations
Thrivent Investment Management INC.Broker
August 2024 - Present · 2 yrs 1 mo
Thrivent Investment Management INC.
August 2024 - Present · 2 yrs 1 mo
Thrivent Advisor Network, LLC
July 2020 - Present · 6 yrs 2 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
August 2020 - August 2024 · 4 yrs
Thrivent Investment Management INC.
July 2004 - August 2020 · 16 yrs 1 mo
Thrivent Investment Management INC.Broker
July 2002 - August 2020 · 18 yrs 1 mo
Lutheran Brotherhood Securities CORP.Broker
March 1992 - July 2002 · 10 yrs 4 mos
State Registrations15 states
AZCACOCTFLILMDMIMNMOMTTXVAWAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.