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M&

Mairs & Power

SEC Registered

Invest with integrity and conviction

St. Paul, MNhttps://mairsandpower.com651-222-8478
Assets Under Management
$5B–$25B
Year Founded
1931
Employees
60
Office Locations
1 office
Total Accounts
1725

About the firm

Mairs & Power is Minnesota's oldest investment firm under private ownership and management, founded in 1931. The firm manages individually managed accounts and mutual funds using a long-term, conviction-driven investment approach guided by independent research. They serve individual investors, institutional clients, and mutual fund shareholders with an emphasis on long-term growth and capital preservation.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthInvestment CompaniesPooled VehiclesPension/Profit Sharing

Areas of expertise

Long-term InvestingIndividually Managed AccountsMutual FundsETFInstitutional Asset ManagementIndependent ResearchMulti-capMinnesota Municipal BondsWealth PreservationTax Efficiency

Services

Individually managed investment portfolios, institutional asset management, and management of three mutual funds and one exchange traded fund (ETF), with a focus on long-term growth, tax efficiency, and personalized investment counsel.

Private funds / alternatives
Venture Capital

Who they serve

Individual investors, institutional investors including Taft-Hartley Plans, pension funds, foundations, endowments, and insurance companies, as well as mutual fund shareholders.

Client segmentClientsAssets managed
Individuals (Non-HNW)138$65M
High Net Worth Individuals568$4.4B
Pension/Profit Sharing Plans2$59M
Charitable Organizations20$492M
State/Municipal Entities38

Leadership

Mark Larry Henneman
CHIEF EXECUTIVE OFFICER & CHAIRMAN OF THE BOARD
Andrew Robert Adams
CHIEF INVESTMENT OFFICER, EXECUTIVE VICE PRESIDENT AND DIRECTOR
Glenn Earl Johnson
SENIOR VICE PRESIDENT, DIRECTOR OF PORTFOLIO MANAGEMENT & DIRECTOR
Robert William Mairs
PRESIDENT, CHIEF COMPLIANCE OFFICER, GENERAL COUNSEL, SECRETARY AND DIRECTOR
Mark Larry Henneman
TRUSTEE
Kevin Vincent Earley
VICE PRESIDENT, INVESTMENT MANAGER & DIRECTOR
Justin Mark Miller
VICE PRESIDENT AND MANAGER EQUITY ANALYSTS & DIRECTOR
Melissa Mary-Elizabeth Gilbertson
CHIEF OPERATING OFFICER

Office locations

1 office in 1 state
MN
St. PaulHQ

Advisors at this firm

16 advisors in the directory

Regulatory & compliance

CRD number
#110351
SEC Number
801-2731
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Flat Fee / Performance-based
Minimum: $2,000,000 (waivable)

Data as of April 20, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Mairs & Power has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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Mairs & Power in St. Paul, MN | AdvisorFinder