Galen Mckay
Galen Mckay is a registered investment advisor at Thrivent Investment Management INC., based in Minneapolis, MN, with 26 years of industry experience. Galen 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
600 Portland Ave S, Minneapolis, MN, 55415
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Regulatory History
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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Galen is the owner of OHB Rental LLC, which manages rental income and expenses for two properties he owns with his wife, and also co-owns Nowhere Entertainment LLC, a planned haunted attraction and entertainment venue. He spends minimal time on the rental properties and about 10-20% of his time on the entertainment venture, primarily during the initial build-out.
Employment History
Current Registrations
Thrivent Investment Management INC.
Thrivent Investment Management INC.
Thrivent Investment Management INC.Broker
Previous Registrations
Ameriprise Financial Services, LLC.
Ameriprise Financial Services, INC.
Ameriprise Financial Services, LLCBroker
Riversource Fund Distributors, INC.Broker
Riversource Distributors, INC.Broker
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations1 state
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.