Securian Financial

Securian Financial

Securian Financial Group Inc traces its roots to 1880 as a mutual holding company and was formally established in 1947. It is headquartered in St. Paul, Minnesota, and provides insurance, investment retirement products, and trust services. The company maintains a noncontributory defined benefit plan for employees. The firm allocates across private equity at reported percentages between 2.46% and 7.75%. It holds positions in public equities including NVIDIA, Microsoft, Apple, and Amazon. Geographic exposure centers on the United States with additional activity in Canada through Canadian Premier Life Insurance Company. Ticket sizes for certain commitments range from $3 million to $15 million with investment horizons of 7 to 15 years. General account invested assets reached $36.2 billion at year-end 2024. The organization employs a foundation established in 1982 that directs grants toward education and community programs in the United States. Chris Hilger also serves on external boards including the Federal Reserve Bank of Minneapolis. Ownership of operating subsidiaries such as Minnesota Life Insurance Company and Allied Solutions remains at 100% through Securian Financial Group Inc. This integrated structure separates the pension plan from the mutual insurance operations while maintaining direct control over affiliated businesses.