Securian Financial Group

Last updated
Securian Financial Group, Inc.
FormerlyMinnesota Mutual Life Insurance Company, Minnesota Life Insurance Company
Company type Private
Industry Financial services
FoundedAugust 6, 1880;144 years ago (1880-08-06)
St. Paul, Minnesota, U.S.
FounderRussell Dorr
Headquarters
St. Paul, Minnesota
,
United States
Area served
 United States and Canada
Key people
Christopher M. Hilger (President and CEO)
Products
AUM $78.6 billion (USD)
Number of employees
5,000 [1]  (2017)
Website www.securian.com

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.

Contents

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]

References

  1. ↑ "Securian Financial Group". Fortune. Archived from the original on 2018-12-31. Retrieved 2018-12-31.
  2. 1 2 "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".


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