Michael C. Marzolf
Vice President & Investment Manager, Mairs & Power, Inc.
Lead Manager, Small Cap Fund
Joined the firm in 2021
Industry experience since 1986
Mike has served as lead manager of the Small Cap Fund since July 2023. He previously served as co-manager of the Fund. Mike also handles the day-to-day management of the firm’s equity analysts. In his roles, Mike conducts extensive due diligence on an array of multi-cap holdings in a variety of industries by interacting with sell-side analysts, examining company filings/presentations, attending investment conferences and trade shows, as well as interviewing management teams, customers, suppliers, and competitors. In addition to Mike’s responsibilities of equity research and portfolio management on the Small Cap Fund, he helps individuals, and their families achieve peace of mind through personalized portfolio management and investment counseling services.
He has 37 years of experience in financial services. Prior to joining Mairs & Power, Mike was Vice President of Research and Investment Management with Sit Investment Associates, where he provided fundamental research on companies in the Technology and Financial Services sectors. Previously, Mike was a portfolio manager at Ameriprise/Columbia Asset Management where he had the opportunity to work on a variety of products, including small, mid, and large cap stocks in the Technology, Consumer, Financial Services, and Industrials sectors.
Mike earned his BS in Accounting from the University of St. Thomas. He has passed the CFA Level 2 exam and is studying to take Level 3.
Mike grew up in St. Paul, where he also went to college, began his career, and met his wife, Nerissa. Mike and Nerissa have three grown children—Tommy and Megan live about a mile apart in Nashville, Tenn., while Leo will graduate from Iowa State in 2026. Mike’s family enjoys time together and with friends, at home and on the lake. They like to run, cycle, swim, and anything else outdoors.