A Securian Financial Group financial products distribution unit has acquired Alamo Financial Insurance Services Inc.

Allied Solutions L.L.C., Carmel, Ind., says it acquired Alamo Financial, San Franciso, mergers and acquisitions handshakebecause the deal will bring it more than 40 client relationships and significant expertise in the credit union market.

Kevin Anderson, the president of Alamo Financial, will become a regional sales vice president for Allied Solutions in Northern Carolina, according to Allied Solutions.

Allied Solutions’ parent, Securian, St. Paul, Minn., is also the parent of Minnesota Life Insurance Company.

- Allison Bell

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