Thrivent Financial's Landmark Group Launches Tax Overlay Program for High-Net-Worth...

Thrivent Financial's Landmark Group Launches Tax Overlay Program for High-Net-Worth Investors

MINNEAPOLIS--(Business Wire)--
Thrivent Financial for Lutherans' Landmark Group, Lake Elmo,
Minn., recently announced it is offering a new separate account
manager available through Thrivent's Managed Account Program, to help
investors better manage capital gains taxes. The service provides an
active tax overlay strategy that is designed to give investors
improved absolute returns through potential tax savings.

"To more effectively manage capital gains tax for high-net-worth
investors, we offer a tax-loss harvesting strategy that should be
invaluable to clients who are averse to paying excess taxes," said
Gary Tangwall, MBA, ChFC, CLU, senior financial consultant with
Thrivent Financial. "Clients with highly concentrated stock positions
with significant capital gains in their portfolios should benefit from
this new service."

Through the service, financial consultants associated with
Thrivent Financial's Landmark Group and the client will together
determine how best to diversify the portfolio, reduce tracking error
and meet the client's predefined tax budget. The service then obtains
managers' investment models and manages the portfolios on a
discretionary basis, balancing tax implications against managers'
stock selections. The required minimum for this program is $1,000,000
of investable (after-tax) assets.

The program's quantitative tools select optimal trades by
factoring risk characteristics of each stock, tax implications of
potential trade combinations, correlation between stocks in existing
and target portfolios, transaction costs and clients' capital gains
budgets.

"This program offers strategies with the objective of helping
clients retain more dollars by being better allocated and
tax-efficient," said Todd Gillingham, JD(a), CFP, ChFC, CLU, Thrivent
Financial senior financial consultant.

To learn more about this program, contact Thrivent Financial's
Landmark Group at 651-779-9720.

Business partners Gary Tangwall and Todd Gillingham have more than
50 combined years of experience in financial services. They offer
comprehensive, values-based wealth management solutions for clients in
Stillwater, White Bear Lake, Woodbury and surrounding communities.
Offices for Tangwall and Gillingham are located at Suite 104, 11550
Stillwater Blvd., Lake Elmo, Minn.

(a) JD is an educational degree, and the holder does not provide
legal services on behalf of Thrivent Financial for Lutherans or its
affiliates.

Thrivent Financial representatives are registered representative
for securities offered through Thrivent Investment Management Inc.,
625 Fourth Ave. S., Minneapolis, MN 55415-1665, 1-800-THRIVENT
(800-847-4836), a registered broker dealer and investment adviser, and
a wholly owned subsidiary of Thrivent Financial for Lutherans. Member
FINRA. Member SPIC. Fee-based financial planning services are only
available through Todd Gillingham. Fees for each plan depend on your
personal circumstances and are negotiated between you and the planner.
Because each individual's situation is different you may pay more or
less for a similar service elsewhere. Security transactions are
handled by NFS, a Fidelity Investments Company, a registered
broker-dealer and a member New York Stock Exchange and Securities
Investor Protection Corp. (SIPC). Investments are not FDIC insured.

Thrivent Financial for Lutherans and its respective associates and
employees cannot provide legal, accounting or tax advice or services.
Work with your Thrivent Financial representative in collaboration with
your attorney and/or tax professional for complete details.

About Thrivent Financial for Lutherans

Thrivent Financial for Lutherans is a not-for-profit Fortune 500
financial services organization helping nearly 3 million members
achieve their financial goals and give back to their communities.
Thrivent Financial and its affiliates offer a broad range of financial
products and services including life insurance, annuities, mutual
funds, disability income insurance, bank products and more. As a
not-for-profit organization, Thrivent Financial sponsors national
outreach programs and activities that support congregations, schools,
charitable organizations and individuals in need. For more
information, visit www.thrivent.com.

Thrivent Financial for Lutherans
Dave Rustad, APR, 612-844-7037
Cell: 612-240-2264
dave.rustad@thrivent.com
or
Gary Tangwall, MBA, ChFC, CLU, FIC, 651-779-9720
gary.tangwall@thrivent.com

Copyright Business Wire 2008