SECURIAN FINANCIAL SERVICES, INC.
Adviser information for SECURIAN FINANCIAL SERVICES, INC. last updated from Form ADV on March 22nd, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 1750 |
|---|---|
| Investment Advisory/Research | 1052 |
| Registered Broker-Dealer Representatives | 993 |
| Registered State Investment Advisers | 1052 |
| Licensed Agents of an Insurance Company | 993 |
| No. of Firms/People that Solicit Clients | 4 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 29,868 | $6.7B |
| Non-Discretionary | 46,207 | $14.0B |
| Total | 76,075 | $20.7B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 61,611 | $8.8B |
| HNW Individuals | 13,670 | $10.9B |
| Banking or thrift institutions | 1 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 1,204 | $290.1M |
| Charitable organizations | 165 | $173.7M |
| State or municipal gov entities | 6 | $13.2M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 584 | $490.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 20489 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 6500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 14.3B |
| Portfolio Manager | 0 |
| Both for Same | 1.1B |
| Portfolio Manager to Program | Sponsor |
|---|---|
| SECURIAN FREEDOM | SECURIAN FINANCIAL SERVICES, INC. |
Principal Office
400 ROBERT STREET NORTHST PAUL
MN
United States
Monday - Friday, 8:00 AM - 4:45PM
Tel: 651-665-6669, Fax: 651-665-7367
Websites
Chief Compliance Officer
KIMBERLY K CARPENTER
400 ROBERT STREET NORTH
ST PAUL
MN
United States
Tel:
651-665-1233
K*****************@***********M
(Full email address available in API data)
Regulatory Contact
ALEXANDER CHAN
COMPLIANCE MANAGER
400 ROBERT STREET NORTH
ST. PAUL
MN
United States
Tel:
651-665-6669
Fax:
651-665-7367
A*************@***********M
(Full email address available in API data)
Industry Affiliates
| MINNESOTA LIFE INSURANCE COMPANY | Insurance company or agency |
| SECURIAN ASSET MANAGEMENT, INC. | Other investment adviser, including financial planners |
| SECURIAN TRUST COMPANY | Banking or thrift institution |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SECURIAN HOLDING COMPANY | Domestic Entity | SECURIAN FINANCIAL GROUP, INC. | 100% SHAREHOLDER | 10/1998 | > 75% |
| MINNESOTA MUTUAL COMPANIES, INC. | Domestic Entity | SECURIAN HOLDING COMPANY | 100% SHAREHOLDER | 10/1998 | > 75% |
| CONNOLLY, GEORGE IGNATIUS | Individual | – | CEO, MEMBER OF BOARD OF DIRECTORS | 10/1996 | < 5% |
| SECURIAN FINANCIAL GROUP, INC. | Domestic Entity | – | 100% SHAREHOLDER | 01/2002 | > 75% |
| ZACCARO, WARREN JOHN | Individual | – | MEMBER OF BOARD OF DIRECTORS | 05/2005 | < 5% |
| MCGRATH, JEFFREY DANIEL | Individual | – | VICE PRESIDENT | 01/2015 | < 5% |
| ZELLMER, KJIRSTEN GARETH | Individual | – | PRESIDENT, PRINCIPAL OPERATIONS OFFICER - FINOP | 12/2021 | < 5% |
| CARPENTER, KIMBERLY KAY | Individual | – | EXECUTIVE VICE PRESIDENT, CHIEF COMPLIANCE OFFICER & ANTI-MONEY LAUNDERING COMPLIANCE OFFICER | 06/2017 | < 5% |
| OBRIEN, KERI SUE | Individual | – | SECRETARY | 06/2017 | < 5% |
| FERGUSON, KRISTIN MARY | Individual | – | VICE PRESIDENT, CHIEF FINANCIAL OFFICER, TREASURER & FINOP | 04/2018 | < 5% |
| CRIST, THERESA LEIGH | Individual | – | VICE PRESIDENT | 05/2020 | < 5% |
| STOPFER, LISA LYNN | Individual | – | VICE PRESIDENT | 05/2020 | < 5% |
| GROTEWOLD, GREG ALAN | Individual | – | VICE PRESIDENT | 05/2020 | < 5% |
| MONTZ, RENEE DENISE | Individual | – | MEMBER OF BOARD OF DIRECTORS | 11/2021 | < 5% |