David A. Rains
THRIVENT ADVISOR NETWORK
Bloomington, MN 55435
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CRD#: 4671771
Professional summary
David Andrew Rains, CFP®, who also goes by David Andrew Rains, is a registered financial advisor currently at THRIVENT ADVISOR NETWORK, LLC located in Bloomington, Minnesota and THRIVENT INVESTMENT MANAGEMENT INC. located in Edina, Minnesota.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2004. David has worked at 3 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
David Andrew Rains
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
FIXED INSURANCE SALES POSITION: Insurance Producer NATURE: Selling/Servicing fixed insurance contract(s). INVESTMENT RELATED: No NUMBER OF HOURS: 16 SECURITIES TRADING HOURS: 16 START DATE: 05/16/2011 ADDRESS: 7760 France Ave S Suite 710, Edina MN 55435, United States DESCRIPTION: Selling/Servicing fixed insurance contract(s) WINGS FOR WIDOWS POSITION: Pro Bono Financial Coach NATURE: Nonprofit providing financial education to those who are newly widowed. INVESTMENT RELATED: No NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 5 START DATE: 06/01/2023 ADDRESS: 290 Peavey Road, Wayzata MN 55391, United States DESCRIPTION: Primary role is providing education within a well documented program workbook. I am prohibited from providing investment recommendations. If during the engagement I determine that the individual would benefit from working with a financial advisor, I communicate this to Wings for Widows, who then goes back to the individual with a recommendation for whom to work with. Within our training, the program has a well written policy on not soliciting during the educational engagement. STORYLINE, LLC POSITION: Owner NATURE: LLC is established for the expenses for TAN/TIMI business INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 09/30/2022 ADDRESS: 7760 France Ave. S Suite 710, Edina MN 55435, United States DESCRIPTION: None (passive owner- no active duties or responsibilities). THRIVENT ADVISOR NETWORK, LLC DBA PARABLE WEALTH PARTNERS POSITION: Wealth Advisor NATURE: Affiliated Retail Investment Advisory Firm INVESTMENT RELATED: No NUMBER OF HOURS: 144 SECURITIES TRADING HOURS: 144 START DATE: 08/01/2020 ADDRESS: 7760 France Ave. S. Ste 710, Edina MN 55435, United States DESCRIPTION: Provide investment advisory services to retail clients
CRS (Client Relationship Summary) - RIA
Click below to view David Andrew Rains's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2008
Experience
Current
July 14, 2020 - Present
THRIVENT ADVISOR NETWORK, LLC
Office #1: 7760 France Avenue South Suite 925, Bloomington, MN 55435RIA
CRD#: 304569
Bloomington, MN
Current
August 8, 2024 - Present
THRIVENT INVESTMENT MANAGEMENT INC.
Office #1: 7760 France Ave S, Edina, MN 55435RIA
BD
CRD#: 18387
Edina, MN
Past
August 27, 2020 - August 2, 2024
PURSHE KAPLAN STERLING INVESTMENTS
BD
CRD#: 35747
Edina, MN
Past
May 27, 2011 - August 26, 2020
THRIVENT INVESTMENT MANAGEMENT INC.
RIA
CRD#: 18387
EDINA, MN
Past
May 4, 2011 - August 26, 2020
THRIVENT INVESTMENT MANAGEMENT INC.
BD
CRD#: 18387
EDINA, MN
Past
April 4, 2006 - December 31, 2007
THRIVENT INVESTMENT MANAGEMENT INC.
RIA
CRD#: 18387
MINNEAPOLIS, MN
Past
January 28, 2004 - September 21, 2010
THRIVENT INVESTMENT MANAGEMENT INC.
BD
CRD#: 18387
MINNEAPOLIS, MN
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
TA
THRIVENT ADVISOR NETWORK, LLC
49 FINANCIAL GROUP | TM3 WEALTH | THRIVENT ADVISOR NETWORK, LLC | SOLOMON PRIVATE WEALTH | SEA GLASS WEALTH ADVISORS | RETIREPATH ADVISORS | PRAIRIEVIEW WEALTH PARTNERS | PITON WEALTH | PERSPECTIVE PLANNING PARTNERS | PERSPECTIVE FINANCIAL SERVICES | PASSAGE WEALTH | PARABLE WEALTH PARTNERS | PALOMAR WEALTH | NORTH OAKS FINANCIAL GROUP | M25 ADVISORS | LOUIS C. CILIBERTI & ASSOCIATES, LTD | LIGHTHOUSE WEALTH PARTNERS | LANDMARK WEALTH MANAGEMENT GROUP | KEIL FINANCIAL PARTNERS | INTENTGEN FINANCIAL PARTNERS | INFLECTION WEALTH MANAGEMENT | HILLCREST FINANCIAL GROUP | EVEXIA WEALTH | CROSSROADS FINANCIAL GROUP | CONCOURS CAPITAL ADVISORS | CEDAR COVE WEALTH PARTNERS | AWAKEN WEALTH PARTNERS | ARBORBROOK FINANCIAL CONSULTANTS | ADVENT PARTNERS | ABIDING WEALTH PARTNERS | 5280 ASSOCIATES
CRD#: 304569 / SEC#: 801-117013
RIA
Registered Investment Advisory firm - (7/24/2019 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(8/19/2024)
RR
Colorado(8/19/2024)
RR
Florida(8/19/2024)
RR
Illinois(8/19/2024)
RR
Indiana(8/19/2024)
RR
Michigan(8/19/2024)
IAR
Minnesota(7/14/2020)
RR
Minnesota(8/8/2024)
RR
South Dakota(8/19/2024)
RR
Texas(8/19/2024)
RR
Virginia(8/19/2024)
RR
Wisconsin(8/19/2024)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
TA
THRIVENT ADVISOR NETWORK, LLC
49 FINANCIAL GROUP | TM3 WEALTH | THRIVENT ADVISOR NETWORK, LLC | SOLOMON PRIVATE WEALTH | SEA GLASS WEALTH ADVISORS | RETIREPATH ADVISORS | PRAIRIEVIEW WEALTH PARTNERS | PITON WEALTH | PERSPECTIVE PLANNING PARTNERS | PERSPECTIVE FINANCIAL SERVICES | PASSAGE WEALTH | PARABLE WEALTH PARTNERS | PALOMAR WEALTH | NORTH OAKS FINANCIAL GROUP | M25 ADVISORS | LOUIS C. CILIBERTI & ASSOCIATES, LTD | LIGHTHOUSE WEALTH PARTNERS | LANDMARK WEALTH MANAGEMENT GROUP | KEIL FINANCIAL PARTNERS | INTENTGEN FINANCIAL PARTNERS | INFLECTION WEALTH MANAGEMENT | HILLCREST FINANCIAL GROUP | EVEXIA WEALTH | CROSSROADS FINANCIAL GROUP | CONCOURS CAPITAL ADVISORS | CEDAR COVE WEALTH PARTNERS | AWAKEN WEALTH PARTNERS | ARBORBROOK FINANCIAL CONSULTANTS | ADVENT PARTNERS | ABIDING WEALTH PARTNERS | 5280 ASSOCIATES
CRD#: 304569 / SEC#: 801-117013
RIA
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Contact information
Main Address
600 Portland Avenue South, Minneapolis, MN 55415
Mailing Address
Phone number
(612) 844-8444
Established
Firm type
Fiscal year end
# of Employees
139
SEC notice filing (47 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 28,545 |
| AUM (Assets Under Management) | $ 6,648,306,479 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
