Securian Financial Group Explained

Securian Financial Group, Inc.
Type:Private
Predecessors:-->
Successors:-->
Founded:
St. Paul, Minnesota, U.S.
Founder:Russell Dorr
Hq Location:Securian Center
Hq Location City:St. Paul, Minnesota
Hq Location Country:U.S.
Area Served:United States and Canada
Key People:Christopher M. Hilger (President and CEO)
Industry:Financial services
Profit:-->
Profit Year:-->
Aum:$78.6 billion (USD)
Owners:-->
Num Employees:5,000[1]
Num Employees Year:2017
Former Name:Minnesota Mutual Life Insurance Company, Minnesota Life Insurance Company

Securian Financial Group, Inc. is a mutual holding company that provides a range of financial products and services. Founded in St. Paul, Minnesota by Russell Dorr on August 6, 1880, Securian Financial provides insurance, investment retirement products and Trust services to more than 19 million clients in the United States, Puerto Rico and Canada.[2]

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

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

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]

External links

Notes and References

  1. Web site: Securian Financial Group. Fortune. 2018-12-31.
  2. Web site: About Us. Securian Financial.
  3. Web site: Chris Hilger to lead Securian. Advisor Magazine.
  4. Web site: Leadership. Securian Financial.
  5. Web site: 2017 Summary Annual Report to Members. 2017 Summary Annual Report to Members | Securian Financial . 2019-11-20.
  6. Web site: Advantus.