After 125 years of being in business, Minnesota Mutual felt secure enough to change its name to Securian Financial Group and serve the entire US. The company still operates through its subsidiary Minnesota Life, which offers individual and group life and disability insurance and annuities, as well as retirement services. Other subsidiaries include its brokerage network, Securian Financial Services, and its Allied Solutions business which distributes Securian products. Its Advantus Capital Management provides institutional asset management. It also offers a small amount of property/casualty surety coverage nationwide. The company was founded in 1880 and restructured as a mutual holding company in 2005.