Securian Financial Group is an American financial service group that provides a range of financial products and services such as insurance and investments. It is structured as a mutual holding company that operates a number of subsidiaries.

As of 2018, Securian Financial provided insurance, investment retirement products and trust services to more than 19 million clients in the United States, Puerto Rico and Canada.[2]

History

The company was founded in St. Paul, Minnesota by Russell Dorr on August 6, 1880.

Robert Senkler was the CEO from 1994 to 2014.[3] After Senkler, Chris Hilger became the chairman, president and CEO.[4]

By 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force.[2]

Corporate Organization

Minnesota Mutual Companies, Inc. is the parent holding company headquartered in St. Paul, MN with a mutual ownership model that operates under the name "Securian Financial". It is the parent of Securian Financial Group, Inc. (which is technically a stock subsidiary, but is not publicly owned or traded), as well as several other companies that provide a broad range of financial services, including:[5]

  • Minnesota Life Insurance Company
  • Securian Life Insurance Company
  • Securian Financial Services
  • Securian Trust Company
  • Allied Solutions
  • Securian Asset Management[6]
  • Asset Allocation & Management Company (AAM)
  • Securian Casualty Company
  • American Modern Life Insurance Company
  • Southern Pioneer Life Insurance Company

References

  1. ^ "Securian Financial Group". Fortune. Archived from the original on 2018-12-31. Retrieved 2018-12-31.
  2. ^ a b "About Us". Securian Financial.
  3. ^ "Chris Hilger to lead Securian". Advisor Magazine. 16 January 2015.
  4. ^ "Leadership". Securian Financial. Archived from the original on 2018-10-04. Retrieved 2018-10-04.
  5. ^ "2017 Summary Annual Report to Members". 2017 Summary Annual Report to Members | Securian Financial. Retrieved 2019-11-20.
  6. ^ "Advantus".


No tags for this post.