Thrivent reviews

This is proprietary insurance sales first. If you are looking to be an objective Advisor for your clients this will not be a place to work out. Pushing average insurance that is many times expensive compared to other offerings in the market space will not be fun if your goal is to put your clients needs over corporate needs. Investment products whether mutual funds or annuities you will be peddling are subpar options and if clients are shopping you will miss most of these sales...nevermind the reality that there are much better offerings everywhere else. Entrepreneur opportunity they pitch is a joke....yes you will incur many costs like an entrepreneur but you own no part of the business. Compensation changes are constant...you can never make a more than 3 to 6 month business plan as a compensation change or directional focus change may happen dnd how you get paid changes again. And if your goal is to create a recurring revenue practice whether through fees or trails this is not your place. The goal placed on advisors is to sell insurance....they do not care what your AUMs are...in fact the goal they seem to have is to minimize that compensation so that you return your focus to sell overpriced insurance. Bottom line is if you want to take care of your clients objectively and want to offer best in class solutions than do not work here!

Pay...Quite possibly the lowest in the industry. We have also had the opportunity to enjoy 6 pay cuts in the last 2 years. Product...You will only sell Thrivent Proprietary Insurance and Annuities. Good luck when running into competition. The good news is that you will know up front that rarely will you have a product that is priced better or has performed better than your competition that way you will not have to use too much energy on trying to compare. The software and language that is put through the sales process encourages using the Variable Annuity as an answer to everything. Retirement, college funding, long term care, you name it...the VA is the way! They do have a mutual fund suite but it is something very easy to forget. Software...you will pay top price for bottom rung software that does not sync with each other. That way you can enjoy the mundane task of entering data again and again. It is geared for life insurance sales also. Change...If you like change, this is your place. You are guaranteed constant corporate direction change so that you will never be bored to death with the mundane tasks of growing your business, etc. Once you set your business plan for the year, you will have the fun of tweaking it based on changing corporate goals which rarely align with taking care of your clients. New Reps...be prepared to use $50k - $100k of your money to get going. Odds are against you that you will survive and for that matter recoup your investment.