Our Investing Approach

Andrew Adams, our Chief Investment Officer, discusses our long-term, regionally-focused approach to investing as well as two of our Investment Managers, Michelle Warren and Pete Johnson. Mairs & Power has embraced the same investment philosophy since its founding, nearly 100 years ago. It has served our clients well in achieving their investment goals over the long-term. The video runs about two minutes.

 

Transcript follows

ANDREW R. ADAMS, CFA®, CHIEF INVESTMENT OFFICER

MICHELLE A. WARREN, CFA®, INVESTMENT MANAGER

PETE J. JOHNSON, CFA®, INVESTMENT MANAGER

 

Andy: Mairs & Power has a history of staying consistent with their philosophy and approach to the market.

MAIRS & POWER

  • MUTUAL FUNDS
  • EXCHANGE TRADED FUNDS (ETFS)
  • INDIVIDUAL PORTFOLIOS
  • PRIVATE INVESTMENTS

We use the same investment process, whether it's for Mairs & Power mutual funds, ETFs, individual portfolios, or private investments.

 

LONG-TERM INVESTING APPROACH

Our long-term approach lends itself to getting to know our companies very well. We understand their businesses, their industries, their competitors, but importantly, the goals that management has in place for them.

Michelle: Facility tours are one of the most fascinating parts of the job because we get to see firsthand how these businesses operate on the production floors.

 

REGIONAL FOCUS: COMPANIES IN MINNESOTA AND THE UPPER MIDWEST

Andy: We're scoring the upper Midwest for good opportunities, and the best ideas sometimes are the small acorns that can grow into the mighty oaks. At the end of the day, we're stock pickers. We're interested in the long-term prospects of the companies, not the next month or the next quarter, but what's going to happen over the next five and 10 years?

Michelle: Meeting with industry experts, customers, suppliers, and competitors, allows us to see things that the numbers alone don't show.

 

INVESTMENT COMMITTEE: A COLLABORATIVE APPROACH

Pete: Our investment committee, we try to bring diverse opinions. It's a great team filled with really smart, curious, energetic people. We challenge each other.

  • GROWTH POTENTIAL
  • STRONG MANAGEMENT
  • DURABLE COMPETITIVE ADVANTAGES
  • VALUATION

 

Andy: We think about growth, we think about price, so then when we start talking about new ideas, we're able to figure out what makes the most sense. Our portfolios consist of a fairly short list of recognizable common stocks and investment grade corporate bonds and municipal bonds.

Customers appreciate that transparency that we provide. It helps them to sleep better at night knowing exactly what's being held in their investment portfolios.

 

INVESTMENT PORTFOLIOS & SERVICES FOR

  • INDIVIDUALS & FAMILIES
  • ORGANIZATIONS & INSTITUTIONS
  • FINANCIAL ADVISORS