Asset manager · St Paul, MN
Securian Asset Management, Inc.
SEC-registered investment adviser · CRD 109905 · SEC 801-47262
At a glance
Securian Asset Management, Inc. is an SEC-registered investment adviser based in St Paul, Minnesota, with $41.6 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is insurance companies. By Form ADV it is a asset manager, ranked 235th of 3,218 asset managers and 503rd of 17,210 SEC-registered advisers by assets.
Main office 651-665-3500securian.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $42B
- Rank among asset managers
- #235 of 3,218
- Rank among all SEC RIAs
- #503 of 17,210
- Rank in Minnesota
- #11 of 276
- Clients
- 45
- Accounts
- 398
- Discretionary
- 99% of AUM
- Employees
- 70
- Advisory staff
- 34
- Offices
- 1
Owners and executives on its Form ADV
- Jennifer L. WolfSenior Vice President; Chief Legal Officer
- Michael T. SteinertSenior Vice President; Chief Operating Officer; Head of Finance; Director
- Suzette L. HuovinenPresident; Ceo; Director
- Jessica L. ParrucciVice President; Chief Compliance Officer
- Johnathan I. HeshelmanExecutive Vice President and Chief Investment Officer, Director
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Securian Financial Services, Inc..
- Securian Financial Services, Inc. ↗CRD 15296
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Insurance companies | 31 | $37B | 88% |
| Investment companies | 14 | $4.8B | 11% |
| Corporations or other businesses | – | $124M | <1% |
| Charitable organizations | – | $115M | <1% |
Disciplinary disclosures
Securian Asset Management, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗securian.com ↗
AtlasMembers
The full record on Securian Asset Management, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 324 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Securian Asset Management, Inc. manage?
Securian Asset Management, Inc. reports $41.6 billion in regulatory assets under management across 398 accounts, 99% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Securian Asset Management, Inc.?
Securian Asset Management, Inc. is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Securian Asset Management, Inc.’s clients?
By assets, its largest client types are insurance companies ($36.6 billion, 31 clients); investment companies ($4.8 billion, 14 clients); corporations or other businesses ($124 million).
Does Securian Asset Management, Inc. have any disciplinary history?
Securian Asset Management, Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Securian Asset Management, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →