Fredrikson & Byron Represents Securian Financial Group in its Transaction with Kestra Financial, Inc.
Fredrikson & Byron acted as legal counsel to Securian Financial Group, a mutual financial services corporation headquartered in St. Paul, Minnesota, in its sale of H. Beck, Inc. (HBI) to Kestra Financial, Inc. (Kestra Financial). The change of ownership was effective as of December 1, 2017. HBI will remain an autonomously operated RIA and broker-dealer servicing the independent advisor community. Kestra Financial is an independent advisor platform headquartered in Austin, Texas.