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Nicholas Streit

16 Years of Experience
Minneapolis, MN
Broker

Nicholas Streit is a registered investment advisor at Thrivent Investment Management INC., based in Minneapolis, MN, with 16 years of industry experience. Nicholas 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, Msc 7100, 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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Employment History
Current Registrations
Thrivent Investment Management INC.
August 2023 - Present · 2 yrs 9 mos
Thrivent Investment Management INC.Broker
July 2023 - Present · 2 yrs 10 mos
Thrivent Investment Management INC.
July 2023 - Present · 2 yrs 10 mos
Previous Registrations
Zacks Investment Management, INC.
February 2021 - October 2021 · 8 mos
Avantax Investment Services, INC.Broker
November 2019 - February 2021 · 1 yr 3 mos
Avantax Advisory Services
November 2019 - February 2021 · 1 yr 3 mos
Morningstar Investment Services LLC
July 2019 - November 2019 · 4 mos
Morningstar Investment Services LLCBroker
July 2019 - November 2019 · 4 mos
Scottrade Investment Management
January 2017 - March 2018 · 1 yr 2 mos
Scottrade, INC.Broker
August 2015 - March 2018 · 2 yrs 7 mos
Edelman Financial Services LLC
May 2014 - August 2015 · 1 yr 3 mos
Sanders Morris Harris INC.Broker
May 2014 - August 2015 · 1 yr 3 mos
LPL Financial LLCBroker
June 2006 - July 2013 · 7 yrs 1 mo
LPL Financial LLC
June 2006 - July 2013 · 7 yrs 1 mo
Ids Life Insurance CompanyBroker
April 2005 - October 2005 · 6 mos
Ameriprise Financial Services, INC.
April 2005 - October 2005 · 6 mos
Ameriprise Financial Services, INC.Broker
April 2005 - October 2005 · 6 mos
State Registrations51 states
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Exams
No exam information available for this advisor.