Securian Financial

Firm Profile

Securian Financial is a broadly diversified financial services company offering insurance, investment, and retirement solutions with a proven track record of focusing on the long-term needs of our individual customers. And Securian Financial is here to stay — so we continually monitor the retirement plan industry, invest in our business and evolve and adapt accordingly to continue offering relevant solutions.

  • Tenth-largest life insurance company in the nation
  • Over 18 million customers depend on us to reach their financial goals
  • Over 5,300 associates and representatives in our St. Paul, Minnesota, headquarters and in sales and service offices throughout the country
  • Nearly $1.2 trillion of insurance in force, and over $5.3 billion in benefits paid to customers in 2017 – and our pledge to protect customers when they need us most

PRIMARY MARKET(S) SERVED
Micro (<$1 million), Small ($1-$10 million), Mid ($10-$100 million), Large ($100-$250 million)

# OF PLANS/PARTICIPANTS SERVED BY TYPE

As of 3/31/2018:
401(k): 2,401/301,321
Money Purchase: 27/6,432
457: 7/1,212
Defined benefit: 80/12,160
Other: 44/42,760

ASSET ALLOCATION FUNDS

  • Over 50 Target Date Fund Families
  • Over 500 Target Risk funds
  • Target Age and Model Portfolios produce custom age & risk based portfolios from the plan line-up
  • Open architecture platform with over 6,500 unique investment options

PLANS BY CHANNEL (Direct/Advisor): 0/100%

PLATFORMS USED
SunGard OmniDC, several interfaces with internal systems.

ADVISOR SUPPORT SERVICES
18 External wholesalers focused on advisors and institutional
8 Internal wholesalers focused on advisors and institutional

Compliance support, plan benchmarking, target-date evaluation tools, investment committee meetings

PARTICIPANT SUPPORT SERVICES
Retirement income estimates/projections, Call center support, Facebook page, Smartphone access to participant balances, Smartphone transaction access for participants.

PLAN SPONSOR SUPPORT SERVICES

  • Compliance Support
  • Plan Benchmarking
  • Target-date Evaluation Tools
  • Training for DC Plan Sales/Service
  • Investment Committee Meetings
  • Assisted sales support
  • Prospecting tools and lists
  • Advisor built models

PARTICIPANT SUPPORT SERVICES

  • Retirement Income Estimates/Projections
  • In-plan Lifetime Income Options
  • Rollover Services
  • Call Center Support
  • Facebook Page
  • Smartphone Access to Participant Balances
  • Smartphone transaction access for participants
  • Age based and risk based portfolio solutions
  • Smart401K provides independent investment advice
  • Smart Dollar financial wellness tool