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Hovik Mavyan

17 Years of Experience
Glendale, CA
2 DisclosuresBroker

Hovik Mavyan is a registered investment advisor at Thrivent Investment Management INC., based in Glendale, CA, with 17 years of industry experience. Hovik 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

505 North Brand Blvd, Glendale, CA, 91203

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History

Regulatory History (2)
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Employment Separation After Allegations
April 2017
Customer Dispute
February 2016
Denied
Other Business Activities

Hovik is the president of the 3200 Riverside Dr HOA since 2021. He and two other board members are responsible for decision-making and fund allocation, meeting quarterly and dedicating minimal time.

Employment History
Current Registrations
Thrivent Investment Management INC.Broker
May 2017 - Present · 9 yrs 2 mos
Thrivent Investment Management INC.
May 2017 - Present · 9 yrs 2 mos
Previous Registrations
Strategic Advisers, INC.
January 2012 - May 2017 · 5 yrs 4 mos
Fidelity Brokerage Services LLCBroker
January 2012 - May 2017 · 5 yrs 4 mos
Wells Fargo Advisors, LLCBroker
March 2011 - November 2011 · 8 mos
Wells Fargo Advisors, LLC
March 2011 - November 2011 · 8 mos
Wells Fargo Investments, LLC
October 2008 - December 2010 · 2 yrs 2 mos
Wells Fargo Investments, LLCBroker
September 2008 - December 2010 · 2 yrs 3 mos
State Registrations14 states
AZCADEFLIDMIMNMTNCORSCTNTXWA
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.