name: Thrivent Financial Vocabulary
description: >-
  Domain vocabulary for Thrivent Financial, covering financial planning,
  investment, insurance, banking, and charitable giving products and services
  offered by this not-for-profit Fortune 500 financial services organization.
version: '2026'
created: '2026-05-03'
modified: '2026-05-03'
tags:
  - Annuities
  - Banking
  - Financial Advice
  - Financial Planning
  - Fortune 500
  - Generosity
  - Insurance
  - Investments
  - Non Profit

categories:
  - name: Financial Planning Services
    description: Advisory and planning service types offered by Thrivent
    terms:
      - term: Money Coaching
        definition: Free introductory financial coaching service helping clients assess their financial situation and set goals
        type: Service
      - term: Dedicated Planning Services
        definition: Fee-based comprehensive financial planning with an ongoing advisor relationship; tiered pricing from $900–$10,000 annually
        type: Service
      - term: Managed Accounts Program
        definition: Professionally managed investment portfolio service with a minimum $25,000 investment; fees typically 0.9%–1.4%
        type: Service
      - term: Trust Services
        definition: Fiduciary trust and estate planning services for wealth transfer and asset management
        type: Service
      - term: Financial Advisor
        definition: A licensed Thrivent professional providing personalized financial advice; Thrivent plans to add 600 advisors in 2026
        type: Role

  - name: Insurance Products
    description: Insurance products available through Thrivent
    terms:
      - term: Life Insurance
        definition: Insurance providing a death benefit to beneficiaries; Thrivent offers term and permanent life insurance products
        type: Product
      - term: Disability Income Insurance
        definition: Insurance replacing a portion of income if the insured becomes unable to work due to illness or injury
        type: Product
      - term: Long-Term Care Strategy
        definition: Insurance and planning solutions addressing costs associated with extended care needs in later life
        type: Product

  - name: Investment Products
    description: Investment products available through Thrivent
    terms:
      - term: Mutual Fund
        definition: A pooled investment vehicle managed by Thrivent's investment team; available in various asset classes
        type: Product
      - term: Annuity
        definition: An insurance-based contract providing guaranteed income, particularly for retirement planning
        type: Product
      - term: ETF
        definition: Exchange-Traded Fund; Thrivent offers actively managed ETFs available on public exchanges
        type: Product
      - term: Managed Accounts
        definition: Individually managed investment portfolios through Thrivent's managed account program
        type: Product
      - term: Private Investments
        definition: Alternative investment options through Thrivent's private investments division
        type: Product

  - name: Banking Products
    description: Banking services through Thrivent Bank
    terms:
      - term: Thrivent Bank
        definition: A Utah-chartered industrial bank subsidiary providing savings accounts and banking products to Thrivent members
        type: Entity
      - term: Church Loan
        definition: Specialized commercial lending product for faith-based organizations (churches, ministries) offered through Thrivent Bank
        type: Product
      - term: High-Yield Savings
        definition: Savings account product with competitive interest rates offered through Thrivent Bank
        type: Product

  - name: Charitable & Generosity Programs
    description: Giving and community impact programs available to Thrivent members
    terms:
      - term: Thrivent Action Teams
        definition: Member-led volunteer teams funded by Thrivent to serve their communities; 190,000 teams activated in 2025
        type: Program
      - term: Thrivent Charitable
        definition: The charitable giving platform offering donor-advised funds and community impact resources
        type: Platform
      - term: Donor-Advised Fund
        definition: A charitable account allowing members to make tax-deductible contributions and recommend grants to nonprofits
        type: Financial Instrument
      - term: Choice Dollars
        definition: Thrivent member benefit dollars that can be directed to qualifying nonprofits selected by the member
        type: Benefit

  - name: Membership & Organization
    description: Key organizational concepts
    terms:
      - term: Member
        definition: An individual who holds a Thrivent financial product (insurance or investment) and is eligible for membership benefits
        type: Role
      - term: Not-for-Profit
        definition: Organizational designation; Thrivent is a fraternal benefit society operating for the benefit of its members rather than shareholders
        type: Designation
      - term: Fortune 500
        definition: Ranking classification; Thrivent appears on the Fortune 500 list of largest US companies by revenue
        type: Designation
      - term: Assets Under Management
        definition: Total value of investments managed on behalf of Thrivent clients; exceeds $212 billion as of 2026
        type: Metric
      - term: Fraternal Benefit Society
        definition: Legal organizational structure for Thrivent; a member-owned organization providing insurance and financial benefits
        type: Legal Structure