Thrivent

One of the most notable selling points of Thrivent is its favorable fees for open-end and exchange-traded funds, signifying a dedication to investor interests. The firm's fees across their funds, on average, fall into the second-lowest quintile of peer strategies. The product lineup at Thrivent has exhibited exemplary durability compared with peer asset managers when looked at over the past 10 years. Notably, its 10-year success ratio stands at 70%, meaning that 70% of its products have both survived and beaten their respective category median. Manager turnover at Thrivent has been higher than at peer asset management firms. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers, liquidations, and portfolio managers changing roles or leaving the firm. In some cases, a change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture.