Our Values

Putting our Clients First

As an investment counselor, a critical component of our mission is to help all our clients feel secure about their financial future.

Your best interests are always top of mind and guide every decision we make. We also make thoughtful commitments to the companies we invest in with the expectation that rewards will be realized by you well into the future.

We value the resources that have been entrusted to us by our clients, colleagues, community and founders and are driven to do the right thing in all our actions.

“We never lose sight of what’s really important for our clients.”

Mark Henneman, CEO

Supporting Each Other

 

“We’ve hired some of the very best and the brightest people around, but what’s most important is we all work together as a team.

We are collegial and we get along, but the bottom line is, none of us are concerned with who is right we’re only concerned with what is right.”

Mark Henneman, Chairman & CEO

Serving the Community

“As George Mairs determined nearly 100 years ago, Minnesota is home to some of the finest companies in the world who are attracted to our quality of life. This quality of life requires nurturing and support and we want to do our part to ensure our community endures and thrives for years to come. 

We feel it’s vital to provide support both through our financial contributions and our time. Many of our partners and colleagues serve on not-for-profit boards, volunteer and contribute to the greater area in many different ways.”

 

Rob Mairs, President

Mairs & Power Today

as of 9/30/2019

$9.6 Billion AUM

In individually managed accounts and mutual funds

13 CFA Charterholders

Investment professionals with average experience of 20+ years

100% Employee Owned

SEC-registered with 45 employees

Long Term, Regional Emphasis, Multi Cap

Disciplined, client centric, trustworthy

Our Philosophy

We believe the best way to make money for our clients is to consistently utilize a disciplined long-term investment approach.

Our Strategies

Our portfolios are individually managed by an investment manager with substantial investment experience. The Investment Committee brings together our investment managers with their more than 300 years of investment experience, to collaborate and leverage their combined experience for the benefit of shareholders and individual clients across all our strategies.

Mutual Funds and Individually Managed Portfolios are available in the same strategies, using our time-tested investment philosophy:  Long-term investing, regional emphasis, multi-cap companies. 

Multi Cap
  • Invest in companies of all capitalization sizes, recognizing that smaller companies may provide somewhat higher returns over longer time frames, some emphasis is placed on small to medium sized companies
  • Identify companies exhibiting the potential for strong returns on invested capital and consistent, above-average growth and durable competitive advantages
  • Commit to long-term investing in growing companies with low turnover
  • Place emphasis on companies in Minnesota and the Upper Midwest (WI, IL, IA, ND, SD)
  • Consider the importance of capable management with a track record of prudent capital deployment
  • Seek to keep assets reasonably, fully invested, maintain modest portfolio turnover rates and mitigate risk by investing in a diversified portfolio of securities
Balanced
  • Identify companies exhibiting the potential for strong returns on invested capital and consistent, above-average growth and durable competitive advantages
  • Diversify across approximately 60% common stock and 40% fixed income
  • Buy and hold fixed income and continually reinvest maturities
  • Offer potential for a consistent source of income
  • Commit to long-term investing in growing companies with low turnover
  • Place emphasis on companies in Minnesota and the Upper Midwest (WI, IL, IA, ND, SD)
  • Consider the importance of capable management with a track record of prudent capital deployment
  • Seek to keep assets reasonably, fully invested, maintain modest portfolio turnover rates and mitigate risk by investing in a diversified portfolio of securities
Small Cap

Available only to institutional investors

  • Focus on small-cap companies
  • Focus on companies with attractive business niches, strong competitive positions and the potential to grow revenues, earnings and cash flows consistently over the long term
  • Commit to long-term investing in growing companies with low turnover
  • Place emphasis on companies in Minnesota and the Upper Midwest (WI, IL, IA, ND, SD)
  • Consider the importance of capable management with a track record of prudent capital deployment
  • Seek to keep assets reasonably, fully invested, maintain modest portfolio turnover rates and mitigate risk by investing in a diversified portfolio of securities

Mairs & Power History

Just 15 months after the stock market crash of 1929, George A. Mairs, Jr., a 28-year old native of St. Paul, founded our firm in 1931.

Today, we are Minnesota’s oldest investment firm under continuous ownership and management. We remain independent and are 100% employee owned. Scroll through our Timeline to view some of the milestones that have shaped the firm over its history. 

Would You Like to Learn More?

Find out how the services we offer can help meet your specific needs.

Please call us at 651-222-8478 or submit this form and we'll reach out to you.