Full-Time

Counsel – Private Equity

Posted on 9/26/2025

Thrivent

Thrivent

5,001-10,000 employees

Financial services for individuals and communities

Compensation Overview

$174.5k - $236.1k/yr

+ Bonuses + Annual or long-term incentives

Minneapolis, MN, USA

Hybrid

Hybrid role; 3+ days on-site per week.

Category
Legal & Compliance (2)
,
Requirements
  • Juris Doctorate, member of the bar. Licensed to practice in any U.S. jurisdiction (however, if hired, required to waive in to or pass Minnesota Bar).
  • 3-5 years of relevant, high-quality legal experience, preferably some or all at a law firm.
  • Subject matter expertise in one or more relevant areas of regulation and law, preferably with a focus on regulatory and/or compliance work. Ideally some experience with transactional law (particularly related to private equity).
  • Expected to be in the office 3+ days per week.
Responsibilities
  • Heavy focus on regulatory and compliance tasks, such as researching laws and developments, analyzing applicability to various aspects of Thrivent, and assisting with preparing and implementing policies and procedures (for example, with respect to areas such as Volcker, sanctions, derivatives, insider trading, investment advisory, and similar).
  • Work on transactions related to Thrivent’s General Account investments or mutual funds, primarily in the area of private equity (funds and/or co-investments). Complete various deal documents, including subscription agreements, side letters, corporate records, closing volumes, and MFN responses. Handle other aspects of transactions such as closings, amendments and waivers, corporate actions, and similar.
  • Communicate effectively with company personnel to ensure they are aware of and in compliance with applicable laws and regulations. Provide education and training as necessary. Able to articulate complex concepts in an easily understandable manner.
  • Review company activities as requested to ensure compliance with laws, rules and regulations and contractual arrangements. Ability to handle selected matters in-house; assist clients in quantifying and developing strategies to mitigate legal risk.
  • Anticipate and guard against new or developing legal risks facing the company. Provide proactive advice, guidance and strategy regarding legal matters as assigned.
  • Build and maintain collaborative internal and external working relationships with in-house colleagues, outside experts and various teams of investment professionals, including by providing timely, thoughtful recommendations that account for both the legal and the business necessities of a given transaction.
  • To the extent applicable, provide management and leadership of staff, including performance management, work flow management and career development.
Desired Qualifications
  • Financial regulatory experience (insurance &/or securities preferred)

Thrivent combines financial advice, insurance, investments and banking with generosity programs to help individuals and communities thrive. It treats money as a tool rather than a goal, guiding over 2 million clients to plan and protect their finances while also supporting charitable giving. The company’s model centers on helping people build financial futures and live more generous lives through a broad suite of financial services and community-focused initiatives. Differentiators include its emphasis on generosity and community impact, long-standing 100-year legacy, and integrated approach across planning, protection, growth and philanthropy. The goal is to empower people to manage their finances responsibly and contribute to the well-being of their communities.

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Minneapolis, Minnesota

Founded

1902

Simplify Jobs

Simplify's Take

What believers are saying

  • Hiring 600 advisors in 2026 counters 100,000 US advisor retirements.
  • AI tools augment advisors, enabling focus on high-value client interactions.
  • Strong AA+ ratings from A.M. Best and Fitch affirm financial stability.

What critics are saying

  • Northwestern Mutual poaches Virtual Advice Team talent within 6-12 months.
  • SEC fines Thrivent $50M+ for fiduciary breaches in 12-18 months.
  • Lutheran membership shrinks 60-80% in 24-36 months, eroding loyalty.

What makes Thrivent unique

  • Fraternal benefit society structure enables community-focused insurance via local chapters.
  • Member-owned model supports unique generosity programs for 2.4 million clients.
  • Thrivent Advisor Network empowers independent advisors with specialized tools.

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Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Relocation Assistance

Company News

Fortune
Mar 13th, 2026
Thrivent plans to hire 600 financial advisors in 2026, bucking AI layoff trend

Thrivent, a Minneapolis-based financial services company ranked 388 on the Fortune 500, plans to hire 600 financial advisors in 2026, matching its 2025 target. The initiative addresses a looming talent shortage as over 100,000 US financial advisors are expected to retire within the next decade. The company recruits through its traditional field network and a Virtual Advice Team, where advisors serve clients remotely. Participants typically spend 12 to 24 months in training before joining established teams or launching their own practices. The programme attracts early-career professionals and second-career candidates from fields like teaching and business. Thrivent, which manages $212 billion in assets and serves 2.4 million clients, is using AI to support rather than replace advisors, focusing on tools that enable high-value client work.

INACTIVE