Lutheran Brotherhood Securities Corp. (Minneapolis)

Name: Lutheran Brotherhood Securities Corp.
Address: 625 Fourth Avenue South, Minneapolis, MN, 55415
Telephone: 612-340-8492

Lutheran Brotherhood Securities Corp. is a large advisory firm based in Minneapolis. It manages $68.88 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, Arizona, California, and 33 other states.

Lutheran Brotherhood Securities Corp provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lutheran Brotherhood Securities Corp: assets under management

The assets under management (AUM) of Lutheran Brotherhood Securities Corp. is $68.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $68.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.22 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lutheran Brotherhood Securities Corp. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lutheran Brotherhood Securities Corp.

Jennifer Hastings Martin has been acting as President since 1 Mar 1998. John Oren Gilbert joined the executive team most recently as the Director And Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lutheran Brotherhood Research Corp	Parent of lutheran brotherhood sec corp	1 Jan 1982	75% - 100%	25-1208590
Marie Ann Sorensen	Asst vice president	1 Aug 1987	Other	1730597
Mitchell Floyd Felchle	Vice president	1 Jan 1989	Other	205801
Frederick Paul Johnson	Asst vice president	1 Mar 1997	Other	1758326
David Kent Stewart	Treasurer	1 Dec 1997	Other	2990869
Richard Barton Ruckdashel	Vice president	1 Dec 1997	Other	711930
Douglas Brian Miller	Vice president	1 Dec 1997	Other	1041897
Vicki Rose Brandt	Asst vice president	1 Dec 1997	Other	1018939
Katie Sue Kloster	Asst vice president	1 Dec 1997	Other	1758354
Brenda Jo Pederson	Asst vice president	1 Dec 1997	Other	1758337
Jennifer Hastings Martin	Director	1 Mar 1998	Other	3054205
Marlene Joy Nogle	Asst secretary	1 Jul 1999	Other	3248695
David Warren Angstadt	President and director	1 Sep 1999	Other	2119799
John Keith Both	Vice president	1 Sep 1999	Other	830063
Colleen Both	Vice president and chief compliance officer	1 Sep 1999	Other	2255674
Bruce Jay Nicholson	Director and chairman	1 Dec 1999	Other	2200207
James Russell Olson	Vice president and director	1 Dec 1999	Other	866830
Michael Edwin Loken	Director	1 Dec 1999	Other	xxx-xx-xxxx
Daniel George Walseth	Director	1 Dec 1999	Other	xxx-xx-xxxx
Randall Lee Boushek	Director	1 Dec 1999	Other	xxx-xx-xxxx
Jerald Edward Sourdiff	Director and vice president	1 Jun 2000	Other	2200208
David John Christianson	Vice president	1 Jun 2000	Other	3087516
Thomas Carl Schinke	Vice president	1 Jun 2000	Other	1103350
Bruce Marvel Piltingsrud	Vice president	1 Jun 2000	Other	1366244
John Carl Bjork	Secretary	1 Nov 2000	Other	2861867
Deborah E. Moore	Director	1 Apr 2001	Other	xxx-xx-xxxx
Lawrence Wayne Stranghoener	Director	1 Apr 2001	Other	xxx-xx-xxxx
Cindy Renee Hedgers	Assistant vice president	1 Apr 2001	Other	709739
James Adlai Thomsen	President and director	1 Jul 2001	Other	1510675
John Oren Gilbert	Director and chairman	1 Apr 2002	Other	2088601
Woodrow Eugene Eno	Director	1 Apr 2002	Other	1038576
Pamela J Moret	Director	1 Apr 2002	Other	1092043
Jon Michael Stellmacher	Director	1 Apr 2002	Other	3134024

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lutheran Brotherhood	Parent of lbfc	1 Feb 1970	75% - 100%	41-0385700
Lutheran Brotherhood Financial Corp	Parent of lbrc	1 Dec 1984	75% - 100%	41-1511111
Aid Association For Lutherans	Parent of aal holdings, inc.	1 Jan 2002	75% - 100%	39-0123480
Inc. Aal Holdings	Parent of lbrc	1 Jan 2002	75% - 100%	39-1559369
Thrivent Financial For Lutherans	Parent of aal holdings, inc.	1 Jan 2002	75% - 100%	39-0123480

Based in Minneapolis

The principal office where Lutheran Brotherhood Securities Corp. performs its advisory services is located at 625 Fourth Avenue South, Minneapolis, MN 55415, which is also the mailing address of the firm. An additional office of the firm is in Appleton, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-340-8492 or by fax 612-340-8408. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.luthbro.com.