Financial services company Thrivent has recently laid off Carolyn Armitage, the president of its advisor network. Armitage’s departure comes two years after she was hired as the leader of Thrivent Advisor Network, the company’s platform for independent advisors. This move signifies the company’s entry into one of the fastest-growing segments of wealth management.
A Shift in Strategy
Thrivent Advisor Network currently has 25 affiliated practices, representing approximately 150 advisors. In addition to wealth management, Thrivent Financial offers a diverse range of insurance products and investment solutions. Armitage expressed her belief in the vision they had crafted during her tenure, and she and the company parted on good terms.
Commitment to Independent Financial Advisors
A spokesperson for Thrivent expressed gratitude for Armitage’s service and assured that the company remains committed to providing a platform for independent financial advisors. They emphasized their dedication to evolving and positioning Thrivent Advisor Network for future growth, all while prioritizing a positive experience for employees, advisors, and clients.
A Broad Background in Finance
Armitage brings with her a wealth of experience, having worked as a financial advisor, branch manager at Cetera, executive at LPL Financial, and managing director at investment bank Echelon Partners. Her background lends valuable expertise to her position, making her an asset to any organization in the finance industry.
