Top Thrivent Wealth Management Executive Departs

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Christopher Osborne, vice president of wealth management at Thrivent, has left after more than a decade with the company. A Thrivent spokesman confirmed the departure of Osborne, who had also served on the board of directors for Thrivent Investment Management and Thrivent Advisor Network. He declined to provide a reason for his exit. 

Osborne is currently not registered with any financial services firm, and he did not return a request for comment prior to publication.

Thrivent has not replaced Osborne’s role, according to the spokesman. 

This follows news in May that Thrivent, a Minneapolis-based financial services firm with $193 billion in client assets, was planning a major hiring push, projected to add 600 new financial advisors across its employee and independent advisor channels.

Thrivent launched its hybrid independent advisor platform, Thrivent Advisor Network, in 2019, bringing over 130 of its own advisors from the legacy insurance broker/dealer. 

Since then, TAN has seen a shakeup in its senior management team. Luke Winskowski, who was head of Thrivent’s advice and wealth management division, left the company in early 2023, as “part of a restructure, as they were looking at their strategic priorities,” he said. Winskowski was offered opportunities to stay at the firm, but he decided to take leave instead.

In 2024, he joined 49 Financial, an Austin-headquartered RIA previously affiliated with TAN, as president. 

In July 2023, Carolyn Armitage, who had joined in June 2021 to succeed Winskowski as head of TAN, was laid off as part of a broader reorganization of the wealth management business. Thrivent also laid off four other people on Armitage’s team, including business development officers Tom Pistole and Erik Feldman, Growth Program Manager Lori Sherman and Business Development Consultant Katie Tram.