The Standard Closes on Acquisition of Securian Financial’s Retirement Plan Recordkeeping Business
Summary
“This transaction brings together two respected organizations and is an important milestone in our measured growth in the retirement plan marketplace,” said Dan McMillan, president and CEO of The Standard. The business will operate under The Standard brand and include Securian Financial’s retirement solutions employees, management, client relationships and distribution networks. “I’m excited to bring to market our combined expertise, comprehensive suite of retirement solutions and customer-first approach.” The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. We provide insurance, investment and retirement solutions that give families the confidence to focus on what’s truly valuable: banking memories with those who matter most.