Pros
- Decent company - Good people - They mean well, and def try to make a positive impact in other people's lives. - They have a strong partnership with Habitat for Humanity.
Cons
- Lacking in sufficient training. As a new advisor, you get one week (5 business days) in MN, and then they release you into the wild and follow up with some online/video training. Not very good imo. Can also depend on your managing partner, and if they help invest time in your and your practice. I haven't seen many good ones. They're a dime a dozen and they come and go, leaving you hanging. I wouldn't place much faith in them because in the end, they only look out for themselves. - You have to have a sufficient amount of capital to get started. You have to pay for everything (office space, supplies, assistant if you need one, etc.). The company does pay for some things, but you have to reach certain quotas. So if you don't reach those quotas, you're sinking more and more of your money into your practice that may not be showing results. - If you're not surrounded by either affluent people, or are deeply involved in the Lutheran community, or have a strong network of Christian individuals....building a successful practice is extremely hard. Thrivent started out as a faith based organization of Lutherans, so they're well known in that community. They just opened up their doors to all denominations recently, but most churches and their communities are wary of Thrivent. If your network is of either low-mid net worth individuals, or a non church community, look else where. - They say you get "paid training for 8 weeks", but $15/hour doesn't account for much these days.