JM
Jacob E. Magnuson
THRIVENT INVESTMENT MANAGEMENT
Fridley, MN
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CRD#: 7271367
JM
Professional summary
Jacob Edward Magnuson, who also goes by Jacob Edward Magnuson, Jacob E Magnuson, is a registered financial advisor currently at THRIVENT INVESTMENT MANAGEMENT INC. located in Fridley, Minnesota.
Jacob is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2023. Jacob has worked at 3 firms and has passed the Series 66, Series 7TO and SIE exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Jacob Edward Magnuson | Jacob E Magnuson
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.
1) MRK FINANCIAL SOLUTIONS POSITION: Service Financial Associate NATURE: I work to determine a client's financial goals, priorities, risk profile, and come up with a balanced and realistic plan to meet these goals. I shadow advisors and learn how to conduct, carry out, and execute meetings with potential clients. INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 130 START DATE: 10/30/2023 ADDRESS: 3020 Harbor Lane North, Plymouth MN 55447, United States DESCRIPTION: I work for MRK as a service associate in order to assist senior associates. We then come up with new recommendations and ways to best service the client. 2) LAKES AREA GOALTENDING POSITION: Hockey Coach NATURE: I am an employee for Lakes Area Goaltending. I coach youth goaltenders typically between the ages of 6-16. INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 2 START DATE: 10/01/2022 ADDRESS: 206th St N, Forest Lake MN 55025, United States DESCRIPTION: I specifically work with, and coach hockey goalies. I attend games and practices to demonstrate positions, provide advice and give feedback. 3) GWIZDALA AND ASSOCIATES POSITION: Tax Preparer NATURE: I am helping a partnered CPA firm associated with MRK, Gwizdala and Associates. I help them with 1040 tax filings for the 2023 tax season. INVESTMENT RELATED: No NUMBER OF HOURS: 85 SECURITIES TRADING HOURS: 85 START DATE: 02/12/2024 ADDRESS: 4519 Allendale Dr, White Bear Lake MN 55127, United States DESCRIPTION: I prepare 1040 individual returns for Gwizdala and Associates Clients as well as MRK clients that file their taxes here . 4) TRUPLAN FINANCIAL PLANNERS POSITION: Client Service Associate NATURE: I work to determine a client's financial goals, priorities, risk profile, and come up with a balanced and realistic plan tomeet these goals. I shadow advisors and learn how to conduct, carry out, and execute meetings with potential clients. INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 130 START DATE: 01/31/2025 ADDRESS: 3020 Harbor Ln. No., Plymouth MN 55447, United States DESCRIPTION: I work as a service associate in order to assist senior associates. We then come up with new recommendationsand ways to best service the client. Similar to a Para-planner type of role
CRS (Client Relationship Summary) - RIA
Click below to view Jacob Edward Magnuson's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Jacob Edward Magnuson'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®
NoneExperience
Current
July 14, 2025 - Present
THRIVENT INVESTMENT MANAGEMENT INC.
RIA
BD
CRD#: 18387
Fridley, MN
Current
July 14, 2025 - Present
THRIVENT INVESTMENT MANAGEMENT INC.
Office #1: 600 Portland Ave S Msc 7100, Minneapolis, MN 55415RIA
BD
CRD#: 18387
Minneapolis, MN
Past
June 9, 2023 - April 18, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
Plymouth, MN
Past
February 6, 2023 - April 18, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Plymouth, 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".
TI
THRIVENT INVESTMENT MANAGEMENT INC.
AAL CAPITAL MANAGEMENT CORPORATION | THRIVENT INVESTMENT MANAGEMENT INC. | FORTRESS DISTRIBUTORS, INC. | AAL DISTRIBUTORS INC.
CRD#: 18387 / SEC#: 801-29618, 8-36525
RIA
Registered Investment Advisory firm - SEC (5/18/1987 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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
Alabama(8/7/2025)
RR
Alaska(8/7/2025)
RR
Arizona(8/7/2025)
RR
Arkansas(8/7/2025)
RR
California(8/7/2025)
RR
Colorado(8/7/2025)
RR
Connecticut(8/7/2025)
RR
Delaware(8/7/2025)
RR
District of Columbia(8/7/2025)
IAR
District of Columbia(8/11/2025)
RR
Florida(8/7/2025)
RR
Georgia(8/7/2025)
RR
Hawaii(8/7/2025)
RR
Idaho(8/7/2025)
RR
Illinois(8/7/2025)
RR
Indiana(8/7/2025)
RR
Iowa(8/7/2025)
RR
Kansas(8/7/2025)
RR
Kentucky(8/7/2025)
RR
Louisiana(8/7/2025)
RR
Maine(8/7/2025)
RR
Maryland(8/7/2025)
RR
Massachusetts(8/7/2025)
RR
Michigan(8/7/2025)
RR
Minnesota(7/14/2025)
IAR
Minnesota(7/14/2025)
RR
Mississippi(8/7/2025)
RR
Missouri(8/7/2025)
RR
Montana(8/7/2025)
RR
Nebraska(8/7/2025)
RR
Nevada(8/7/2025)
RR
New Hampshire(8/7/2025)
RR
New Jersey(8/7/2025)
RR
New Mexico(8/7/2025)
RR
New York(8/7/2025)
RR
North Carolina(8/7/2025)
RR
North Dakota(8/7/2025)
RR
Ohio(8/7/2025)
RR
Oklahoma(8/7/2025)
IAR
Oklahoma(8/7/2025)
RR
Oregon(8/7/2025)
RR
Pennsylvania(8/7/2025)
RR
Rhode Island(8/7/2025)
RR
South Carolina(8/7/2025)
RR
South Dakota(8/7/2025)
RR
Tennessee(8/7/2025)
RR
Texas(8/7/2025)
IAR
Texas(8/7/2025)
RR
Utah(8/7/2025)
RR
Vermont(8/7/2025)
RR
Virginia(8/7/2025)
RR
Washington(8/7/2025)
RR
West Virginia(8/7/2025)
RR
Wisconsin(8/7/2025)
RR
Wyoming(8/7/2025)
Exams
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 2/6/2023
General Securities Representative ExaminationGeneral Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
TI
THRIVENT INVESTMENT MANAGEMENT INC.
AAL CAPITAL MANAGEMENT CORPORATION | THRIVENT INVESTMENT MANAGEMENT INC. | FORTRESS DISTRIBUTORS, INC. | AAL DISTRIBUTORS INC.
CRD#: 18387 / SEC#: 801-29618, 8-36525
RIA
Registered Investment Advisory firm - SEC (5/18/1987 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
600 Portland Avenue South, Minneapolis, MN 55415
Mailing Address
600 Portland Avenue South, Minneapolis, MN 55415
Phone number
+1 (800) 847-4836
Established
Delaware since 07/29/1986
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
3,846
SEC notice filing (51 States and Territories)
FINRA licenses (51 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| THRIVENT FINANCIAL HOLDINGS, INC. | OWNER | |
| BIRR, THOMAS JOHN | VICE PRESIDENT | 4148092 |
| BOUSU, CALEB ANTHONY | DIRECTOR | 7877353 |
| CECERE, NICHOLAS M | DIRECTOR | 1513551 |
| GILCHRIST, TONIA NICOLE JAMES | CHIEF LEGAL OFFICER & SECRETARY | 4777233 |
| GOLIS, ANDREA CORIN | CHIEF COMPLIANCE OFFICER | 1401462 |
| JOHNSON, ARIKA VIKTORIA | DIRECTOR | 5580869 |
| JOHNSTON, PAUL ROBERTS | DIRECTOR | 2065882 |
| KLOSTER, DAVID JACOB | PRESIDENT | 2523240 |
| NORGARD, ANDREW DYLAN | TREASURER | 6868385 |
Regulatory assets under management
| Total Number of Accounts | 48,940 |
| AUM (Assets Under Management) | $ 17,499,525,490 |
Disclosures
| Regulatory Event | 8 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/21/2024 | ||
| 01/25/2024 |
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.
