NR
CFP
NR
CFP

Nicholas Rasmussen

25 Years of Experience
Willernie, MN
Broker

Nicholas Rasmussen is a CFP-designated registered investment advisor at Thrivent Investment Management INC., based in Willernie, MN, with 25 years of industry experience. Nicholas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 125,754 clients with $21B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3240 advisors
Number of Clients
125,754 clients
Average Client Portfolio
$165K average
Assets Under Management
$20.8B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K2.00%
$100K - $250K1.85%
$250K - $500K1.70%
$500K - $1.0M1.55%
$1.0M - $3.0M1.45%
$3.0M - $5.0M1.25%
$5.0M - $10.0M1.00%
$10M+0.90%

Fees are maximum annual percentages and vary by program type, household assets, and negotiation. Separately managed account programs have higher maximum fees (up to 2.50% for smaller accounts).

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

321 Stillwater Road, Willernie, MN, 55090

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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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Employment History
Current Registrations
Thrivent Investment Management INC.
November 2013 - Present · 12 yrs 11 mos
Thrivent Investment Management INC.
June 2011 - Present · 15 yrs 4 mos
Thrivent Investment Management INC.Broker
June 2011 - Present · 15 yrs 4 mos
Previous Registrations
Ameriprise Financial Services, INC.Broker
March 2010 - June 2011 · 1 yr 3 mos
Riversource Fund Distributors, INC.Broker
January 2009 - March 2010 · 1 yr 2 mos
Riversource Distributors, INC.Broker
November 2006 - January 2009 · 2 yrs 2 mos
Ameriprise Financial Services, INC.Broker
February 2006 - January 2007 · 11 mos
Hantz Financial Services, INC.Broker
July 2001 - January 2006 · 4 yrs 6 mos
State Registrations19 states
AZCACOFLIAINMAMIMNNCNMNVOHPARISCTNTXWI
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.
Nicholas Rasmussen - Financial Advisor | TrueAdvisor