Securian Financial Group
American financial company
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.
01History
The company was founded in St. Paul, Minnesota, by Russell Dorr on August 6, 1880.
Robert Senkler was the CEO from 1994 to 2014. After Senkler, Chris Hilger became the chairman, president and CEO.
By 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force.
02Corporate 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:
- Minnesota Life Insurance Company
- Securian Life Insurance Company
- Securian Financial Services
- Securian Trust Company
- Allied Solutions
- Securian Asset Management
- Asset Allocation & Management Company (AAM)
- Securian Casualty Company
- American Modern Life Insurance Company
- Southern Pioneer Life Insurance Company
Sources and credits
This article is adapted from the Wikipedia article “Securian Financial Group”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
Images, from Wikimedia Commons:
- Securian Financial Group logo.svg by Unknown author, Fair use
Fathomly is not affiliated with or endorsed by the Wikimedia Foundation. Spotted a problem? Tell us.