RK
RK

Richard Kirchoff

18 Years of Experience
Prior Lake, MN
1 DisclosureBroker

Richard Kirchoff is a registered investment advisor at Thrivent Investment Management INC., based in Prior Lake, MN, with 18 years of industry experience. Richard 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

16180 Hastings Ave, Prior Lake, MN, 55372

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History

Regulatory History (1)
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Criminal
March 1993
Final Disposition
Other Business Activities

Richard is a part owner of 16151 LLC, established for an office building with outside tenants, and spends minimal time paying bills and maintaining the property. He also owns Kirchoff Consulting, LLC, set up to manage 1099 income and a SEP account, and spends minimal time snowplowing the business parking lot.

Employment History
Current Registrations
Thrivent Investment Management INC.
December 2013 - Present · 12 yrs 5 mos
Thrivent Investment Management INC.Broker
February 2008 - Present · 18 yrs 3 mos
State Registrations10 states
AZFLGAMDMNMONCNDTXWI
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.
Richard Kirchoff - Financial Advisor | TrueAdvisor