Lutheran Brotherhood (Minneapolis)
Lutheran Brotherhood is a large advisory firm based in Minneapolis. It manages $8.84 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.
Lutheran Brotherhood provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Lutheran Brotherhood: assets under management
The assets under management (AUM) of Lutheran Brotherhood is $8.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Lutheran Brotherhood for their services and products based on a percentage of assets under management. 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
Addie Joyner Butler has been acting as President since 1 May 1999. Lawrence Wayne Stranghoener joined the executive team most recently as the Executive Vice President & Chief Financial Officer.
Direct owners and executive officers
Based in Minneapolis
The principal office where Lutheran Brotherhood performs its advisory services is located at 625 Fourth Avenue South, Minneapolis, MN 55415, which is also the mailing address of the firm. The firm also has 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.
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