MF
MF

Michael Forseth

27 Years of Experience
Minneapolis, MN
Broker

Michael Forseth is a registered investment advisor at Thrivent Investment Management INC., based in Minneapolis, MN, with 27 years of industry experience. Michael 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

600 Portland Ave S, Minneapolis, MN, 55415

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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 Activities

Michael is involved with Invigorating Publishing, LLC, a home-based business formed in 2013 that publishes e-books and other media. Michael will be an author and work as an editor/developer for others.

Employment History
Current Registrations
Thrivent Investment Management INC.
December 2013 - Present · 12 yrs 5 mos
Thrivent Investment Management INC.Broker
April 2010 - Present · 16 yrs 1 mo
Thrivent Investment Management INC.
April 2010 - Present · 16 yrs 1 mo
Previous Registrations
Ameriprise Financial Services, INC.
May 2008 - May 2008 · 0 mos
Ameriprise Financial Services, INC.Broker
September 1996 - May 2008 · 11 yrs 8 mos
Ids Life Insurance CompanyBroker
September 1996 - July 2006 · 9 yrs 10 mos
State Registrations1 state
MN
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.
Michael Forseth - Financial Advisor | TrueAdvisor