Securian Financial Group

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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.[1]

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.[2] After Senkler, Chris Hilger became the chairman, president and CEO.[3]

By 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force.[1]

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:[4]

  • Minnesota Life Insurance Company
  • Securian Life Insurance Company
  • Securian Financial Services
  • Securian Trust Company
  • Allied Solutions
  • Securian Asset Management[5]
  • Asset Allocation & Management Company (AAM)
  • Securian Casualty Company
  • American Modern Life Insurance Company
  • Southern Pioneer Life Insurance Company

References

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External links

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