Lutheran Brotherhood (Minneapolis)


Lutheran Brotherhood is a large advisory firm based in Minneapolis. It manages $8.84 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

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Lutheran Brotherhood provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lutheran Brotherhood: assets under management

The assets under management (AUM) of Lutheran Brotherhood is $8.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $8.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.84 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lutheran Brotherhood for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lutheran Brotherhood

Addie Joyner Butler has been acting as President since 1 May 1999. Lawrence Wayne Stranghoener joined the executive team most recently as the Executive Vice President & Chief Financial Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
James Maurice Walline Vice president / portfolio manager 1 Aug 1968 Other 4336819
Jerald Edward Sourdiff Senior vice president & chief financial officer 1 Dec 1969 Other 2200208
Charles Eugene Heeren Vice president - mutual fund equities 1 Oct 1976 Other 4336587
Randall Lee Boushek Senior vice president - investments 1 Jul 1981 Other 4120176
Colleen Both Vice president - chief compliance officer 1 Nov 1982 Other 2255674
Michael Gerald Landreville Assistant vice president - portfolio manager 1 Jun 1983 Other 4336592
Scott Alan Vergin Assistant vice president / portfolio manager 1 Jul 1984 Other 4336812
Gail Ruth Onan Assistant vice president / portfolio manager 1 May 1985 Other 4336778
David Kent Stewart Vice president & treasurer 1 Oct 1985 Other 2990869
Thomas Nelson Haag Assistant vice president - portfolio manager 1 Jun 1986 Other 4336586
James Russell Olson Senior vice president - member services 1 Jul 1986 Other 866830
Paul James Ocenasek Assistant vice president / portfolio manager 1 Jun 1987 Other 4336772
Brian Lee Thorkelson Assistant vice president / portfolio manager 1 Oct 1987 Other 4336809
Mary Ellen H. Schmider Director 1 Oct 1988 Other 4336466
Bruce Jay Nicholson Director, president & chief executive officer 1 May 1990 Other 2200207
David Warren Angstadt Executive vice president - marketing and distribution / chief marketing officer 1 Dec 1990 Other 2119799
Richard Callie Kessler Director 1 May 1991 Other 1479918
John Perry Mcdaniel Director 1 May 1991 Other 4336433
Richard William Duesenberg Director 1 Oct 1992 Other 4336391
Johan Ake Akesson Portfolio manager 1 Jun 1993 Other 4337277
Bobby Ivan Griffin Director 1 Aug 1994 Other 4336398
James Morgan Hushagen Director 1 May 1995 Other 4336400
Luther Stephen Luedtke Director 1 May 1995 Other 4336427
Daniel George Walseth Senior vice president - general counsel & secretary 1 Jul 1996 Other 4120197
Jennifer Hastings Martin Senior vice president - corporate & human resources 1 Mar 1998 Other 3054205
Albert Kwing Wong Siu Director 1 May 1998 Other 4336475
Addie Joyner Butler Director 1 May 1999 Other 4336375
Richard Charles Lundell Director 1 May 1999 Other 314442
Kurt Martin Senske Director 1 May 1999 Other 4336470
Mark Lien Simenstad Vice president - mutual fund bond investments 1 Sep 1999 Other 2683200
John Keith Both Senior vice president - agency consulting services 1 Sep 1999 Other 830063
Harold Robert Goldstein Portfolio manager 1 Oct 1999 Other 1060310
Michael Edwin Loken Senior vice president - information technology resources 1 Nov 1999 Other 4120151
Paul W. Middeke Director 1 Aug 2000 Other 4336559
Deborah E. Moore Executive vice president & chief operating officer 1 Dec 2000 Other 4336828
Lawrence Wayne Stranghoener Executive vice president & chief financial officer 1 Jan 2001 Other 714682

Based in Minneapolis

The principal office where Lutheran Brotherhood performs its advisory services is located at 625 Fourth Avenue South, Minneapolis, MN 55415, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 612-340-8492 or by fax 612-340-8408. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.luthbro.com.