Securian Financial Group
| Company type | Mutual holding company |
|---|---|
| Industry | Financial services |
| Founded | August 6, 1880 |
| Founder | Russell Dorr |
| Headquarters | St. Paul, Minnesota , United States |
Area served | United States, Puerto Rico, Canada |
Key people | Chris Hilger (Chairman, President, CEO), Robert Senkler (former CEO 1994–2014) |
| Products | Insurance, annuities, retirement solutions, wealth management |
| Parent | Minnesota Mutual Companies, Inc. |
| Website | www |
Securian Financial Group is a United States-based financial services provider specializing in offerings such as insurance, annuities, retirement solutions, and wealth management. It functions as a mutual holding company encompassing various subsidiary firms.
As of 2018, Securian Financial Group supported more than 19 million customers throughout the U.S., Puerto Rico, and Canada, overseeing $78.6 billion in assets under management along with close to $1.2 trillion in insurance coverage.
History
The organization was established on August 6, 1880, in St. Paul, Minnesota, by Russell Dorr. Robert Senkler served as CEO from 1994 until 2014, after which Chris Hilger took over the roles of chairman, president, and chief executive officer.
Corporate Organization
Minnesota Mutual Companies, Inc., based in St. Paul, acts as the mutual parent holding company operating under the name "Securian Financial." It controls Securian Financial Group, Inc., a non-publicly traded stock subsidiary, along with several other companies delivering comprehensive financial services:
- 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