Mairs & Power

RIASEC RegisteredEst. 1961

Total AUM

$12.1B

Discretionary

$12B

99% of AUM

Avg account

$7M

Accounts

1,725

Employees

60

Advisory reps

20

Firm details

Headquarters: Saint Paul, Minnesota
CRD number: 110351
Registered since: November 15, 1961
Website: www.mairsandpower.com
Custodians: CHARLES SCHWAB & CO., INC., SEI INVESTMENTS DISTRIBUTION CO.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Investment Companies53.33%
HNWI36.11%
Pension & Profit Sharing Plans4.05%
Charitable Organizations3.4%
Insurance Companies1.39%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Mairs & Power is an independent, privately owned registered investment adviser that has been operating since the early 1960s. The firm serves both individual and family clients as well as institutional investors, offering financial planning and portfolio management across a range of client types — from individuals and small businesses to pooled investment vehicles and investment companies. Its advisory services also include educational seminars and workshops. Fee arrangements are flexible: the firm charges asset-based fees, fixed fees and, in some mandates, performance-based fees. Mairs & Power identifies as an active ESG investor and, by its filings and disclosures, participates as a sponsor, general partner and managing member for pooled investment vehicles it advises.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

Investment profile

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

CRM & tech providers

TAMPs used

Clients

Client base

Client personas

Asset composition

Exchange Traded Equities78%
Investment Grade Corp Bonds10%
Cash & Cash Equivalents5%
State & Local Bonds3%
Public Funds/Mutual Funds2%

Owners & executives

3 of 4

Andrew Adams
Chief Investment OfficerCRD 2558532
Robert Mairs
President and Chief Executive OfficerCRD 6622285
Melissa Gilbertson
Chief Operating OfficerCRD 7552223

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Contacts

3 of 16

Lisa Kelly
Client Service ManagerCRD 5192040
Paul Pearce
Vice President, Investment ManagerCRD 5291001
Justin Miller
Investment managerCRD 6924539

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Wealth teams

Newly hired reps

Recent M&A activity

Recent filings

Awards

ETF holdings

1 of 43

Active vs passive

$71.3M in ETFs

Passive

85%

$60.4M

Active

15%

$10.9M

ETF	Provider	Style	Category	Value	Shares	% of portfolio
MAIRS & POWER MINNESOTA MUNICIPAL BOND ETF (MINN)		Active	Muni Minnesota	$10.5M	470,668	14.78%

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Primary office

Saint Paul, MN

Ramsey

Location

Saint Paul, MN

Headquartered in Saint Paul, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area: Minneapolis-St. Paul, MN-WI
Region: Midwest
County: Ramsey
Address: 30 7th St E
Time zone: CT (UTC-6)
Office locations

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