Thrivent Advisor Network, a registered investment advisor, has hired industry veteran Gary Foster as senior business development officer.
For the last 15 years of his two-decade financial services career, Foster has served in various business development roles, most recently as regional director and vice president of business development at LPL Financial. Prior to this, he worked in business development for Motif Capital, Pershing Advisor Solutions and Raymond James Financial Services, where he started his career.
Thrivent said that Foster has worked directly with financial advisors in a variety of capacities, including advising those leaving wirehouses in search of options that support more advisor independence. He holds the FINRA Series 7, 9, 10, 24, and 63 securities licenses.
“Gary is a respected industry leader and we couldn’t be happier to welcome him to Thrivent Advisor Network. He will play an integral role in helping to further establish Thrivent Advisor Network as the landing spot for advisors who desire access to the RIA world, while also having the backing of our network, the common connection of shared values and the ability to support and grow their businesses,” said Luke Winskowski, Head of Thrivent Advisor Network.
Foster is the second senior business development officer to join Thrivent in recent months, following Matthew Sines who joined from Raymond James Financial Services.
Thrivent Advisor Network is a new hybrid platform founded in 2019 by Thrivent, a Fortune 500 financial services organization. As of July 2020, the company reported more than $1.3 billion in assets under management.