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Michelle Lessmann

8 Years of Experience
Dakota Dunes, SD
1 DisclosureBroker

Michelle Lessmann is a registered investment advisor at Thrivent Investment Management INC., based in Dakota Dunes, SD, with 8 years of industry experience. Michelle 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

389 W Steamboat Dr, Dakota Dunes, SD, 57049

Get directions

History

Regulatory History (1)
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Financial
September 2016
Final
Other Business Activities

Michelle works as an independent contractor and licensed massage therapist for Absolute Massage & Bodywork, providing massage therapy to clients as needed. This takes about a quarter of her time.

Employment History
Current Registrations
Thrivent Investment Management INC.
March 2020 - Present · 6 yrs 2 mos
Thrivent Investment Management INC.Broker
March 2020 - Present · 6 yrs 2 mos
Previous Registrations
Thrivent Investment Management INC.
January 2017 - April 2018 · 1 yr 3 mos
Thrivent Investment Management INC.Broker
January 2017 - April 2018 · 1 yr 3 mos
Nylife Securities INC.Broker
July 2004 - July 2005 · 1 yr
State Registrations7 states
AZFLIAMNNCNESD
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.
Michelle Lessmann - Financial Advisor | TrueAdvisor