Thrivent's hybrid RIA currently spans 27 teams and 167 financial advisors, she noted in an email. The firm tapped longtime wealth management executive Carolyn Armitage as the network's head earlier this year. A firm with Lutheran roots, Thrivent, is also recruiting advisors to the hybrid RIA it launched in 2019, Thrivent Advisor Network. The Knights are open to the possibility of advisors using the advisor-as-strategist program while remaining affiliated with other RIAs or brokerages, according to Duffy. Conference of Catholic Bishops: "protecting human life, promoting human dignity, reducing arms production, pursuing economic justice, protecting the environment and encouraging corporate responsibility." The Knights' RIA uses proprietary funds with ESG criteria based on six major themes included in the investment policies of the U.S. "We're able to serve anyone who's interested in a Catholic investment approach," he said. After building nearly $30 billion in assets under management through institutional investors such as Catholic dioceses, orders, foundations and colleges since launching the RIA in 2014, the Knights' RIA started the new program "to be able to take this to the individual investor who were banging on the doors asking for it," Duffy said. While the Knights and other religious groups such as Quakers and Lutherans trace the history of their investment arms back hundreds of years, clients increasingly want their advisors to help them invest according to their values - including their religious views. After its formal opening this month, financial advisors have access to more than 85 model portfolios with an investment minimum of only $10,000 and fees of 70 to 80 basis points, the firm's SEC Form ADV shows. The Knights of Columbus Asset Advisors and wealth management technology vendor AssetMark are starting out with about 125 investment advisor representatives managing more than $30 million after a soft launch among the charitable society's insurance agents, Vice President of Investment Strategy Thom Duffy said in an interview. is owned by a third-party unaffiliated with KoCAA.Amid growing links between investors' faith and their money, a Catholic fraternal benefit society aims to work with RIAs by offering proprietary model portfolios using its ESG screens. ![]() The information on this page or additional KoCAA pages (or other content) on the LinkedIn platform does not constitute an offer to sell, or a solicitation of an offer to purchase, any services or investment products outside of the United States. The information on this LinkedIn page is for U.S. ![]() The opinions expressed in the articles linked on this site do not necessarily reflect the views of KoCAA. ![]() These views are as of the date they are posted and are subject to change based on subsequent developments. Posts from KoCAA represent the opinions of KoCAA and are not intended as investment advice or to predict or depict performance of any investment. KoCAA products seek to deliver strong investment returns while being aligned with Catholic principles so that Catholic investors can make a bigger impact in their communities. ![]() For information about KoCAAs business operations, please consult the Firms Form ADV disclosure documents, the most recent versions of which are available on the SECs Investment Adviser Public Disclosure website at KoCAA is a wholly-owned subsidiary of Knights of Columbus, the worlds largest Catholic Lay Organization. Knights of Columbus Asset Advisors LLC (KoCAA) is an SEC-registered investment advisor that maintains a principal place of business in the State of Connecticut.
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