MAIRS & POWER
MAIRS AND POWER INC Legal Name
Adviser information for MAIRS & POWER last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 50 |
|---|---|
| Investment Advisory/Research | 26 |
| Registered Broker-Dealer Representatives | 4 |
| Registered State Investment Advisers | 16 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,575 | $10.8B |
| Non-Discretionary | 50 | $172.5M |
| Total | 1,625 | $11.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 109 | $57.4M |
| HNW Individuals | 541 | $3.6B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $6.1B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $19.2M |
| Pension and profit sharing plans | 21 | $533.7M |
| Charitable organizations | 43 | $361.6M |
| State or municipal gov entities | <5 | $10.6M |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $136.7M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 5 | $48.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Principal Office
30 E 7TH STREETSUITE 2500
ST. PAUL
MN
United States
Monday - Friday, 8:00 A.M.-4:30 P.M.
Tel: 651-222-8478, Fax: 651-222-8470
Chief Compliance Officer
ROBERT W. MAIRS
PRESIDENT, SECRETARY
30 E 7TH STREET
SUITE 2500
ST. PAUL
MN
United States
Tel:
651-222-8478
Fax:
651-222-8470
R*****@****************M
(Full email address available in API data)
Regulatory Contact
BRENT M. WILLIAMS
ASSISTANT CHIEF COMPLIANCE OFFICER
30 E 7TH STREET
SUITE 2500
ST. PAUL
MN
United States
Tel:
651-222-8478
Fax:
651-222-8470
B********@****************M
(Full email address available in API data)
Industry Affiliates
| M&P VENTURES FUND I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MAIRS & POWER VENTURES FUND I, LP | Venture Capital Fund | $19.2M | $0.3M | 58 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HENNEMAN, MARK, LARRY | Individual | – | CHIEF EXECUTIVE OFFICER & CHAIRMAN OF THE BOARD | 06/2004 | < 5% |
| ADAMS, ANDREW, ROBERT | Individual | – | CHIEF INVESTMENT OFFICER, EXECUTIVE VICE PRESIDENT AND DIRECTOR | 05/2006 | 10-25% |
| MARK L. HENNEMAN REVOCABLE TRUST | Domestic Entity | – | SHAREHOLDER | 12/2013 | 5-10% |
| JOHNSON, GLENN, EARL | Individual | – | SENIOR VICE PRESIDENT, DIRECTOR OF INSTITUTIONAL ASSET MANAGEMENT & DIRECTOR | 02/2010 | 5-10% |
| MAIRS, ROBERT, WILLIAM | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER, GENERAL COUNSEL, SECRETARY AND DIRECTOR | 09/2015 | 5-10% |
| HENNEMAN, MARK, LARRY | Individual | MARK L. HENNEMAN REVOCABLE TRUST | TRUSTEE | 12/2013 | |
| EARLEY, KEVIN, VINCENT | Individual | – | VICE PRESIDENT, INVESTMENT MANAGER & DIRECTOR | 04/2013 | 5-10% |
| JOHNSON, PETER, JAMES | Individual | – | VICE PRESIDENT AND INVESTMENT MANAGER | 06/2010 | 5-10% |
| Miller, Justin, Mark | Individual | – | VICE PRESIDENT AND DIRECTOR OF INDIVIDUAL ASSET MANAGEMENT & DIRECTOR | 02/2015 | 5-10% |
| Gilbertson, Melissa, Mary-Elizabeth | Individual | – | CHIEF OPERATING OFFICER | 04/2022 | < 5% |
| THOMPSON, ROBERT, WAYNE | Individual | – | VICE PRESIDENT, DIRECTOR OF FIXED INCOME | 12/2022 | 5-10% |
| Odegaard, Luke, Andrew | Individual | – | TREASURER | 05/2022 | < 5% |
| STROM, CHRISTOPHER, DOUGLAS | Individual | – | INVESTMENT MANAGER | 12/2022 | 5-10% |
| Howard, Scott, Dean | Individual | – | VICE PRESIDENT AND INVESTOR RELATIONS MANAGER | 07/2023 | 5-10% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| 3M CO | COM | 22M | 217K | – |
| AAR CORP | COM | 13M | 178K | – |
| ABBOTT LABS | COM | 114M | 1M | – |
| ABBVIE INC | COM | 8M | 46K | – |
| ACCENTURE PLC IRELAND | SHS CLASS A | 204K | 671 | – |
| ADOBE INC | COM | 1M | 2K | – |
| ADVANCED MICRO DEVICES INC | COM | 271K | 2K | – |
| ALERUS FINL CORP | COM | 2M | 98K | – |
| ALLETE INC | COM NEW | 645K | 10K | – |
| ALLIANT ENERGY CORP | COM | 195M | 4M | – |
| ALPHABET INC | CAP STK CL A | 6M | 31K | – |
| ALPHABET INC | CAP STK CL C | 516M | 3M | – |
| ALTAIR ENGR INC | COM CL A | 13M | 131K | – |
| ALTRIA GROUP INC | COM | 230K | 5K | – |
| AMAZON COM INC | COM | 454M | 2M | – |
| AMCOR PLC | ORD | 2M | 154K | – |
| AMERICAN EXPRESS CO | COM | 53M | 228K | – |
| AMERICAN TOWER CORP NEW | COM | 393K | 2K | – |
| AMERICAN WTR WKS CO INC NEW | COM | 646K | 5K | – |
| AMERIPRISE FINL INC | COM | 9M | 21K | – |
| AMGEN INC | COM | 2M | 6K | – |
| APPLE INC | COM | 274M | 1M | – |
| APPLIED MATLS INC | COM | 2M | 7K | – |
| ARCADIUM LITHIUM PLC | COM SHS | 47K | 14K | – |
| ASSOCIATED BANC CORP | COM | 9M | 420K | – |
| AT&T INC | COM | 354K | 19K | – |
| AUTOMATIC DATA PROCESSING IN | COM | 25M | 107K | – |
| AXOGEN INC | COM | 123K | 17K | – |
| AZEK CO INC | CL A | 11M | 262K | – |
| BADGER METER INC | COM | 24M | 128K | – |
| BANK AMERICA CORP | COM | 944K | 24K | – |
| BANK HAWAII CORP | COM | 229K | 4K | – |
| BANK MONTREAL QUE | COM | 755K | 9K | – |
| BAXTER INTL INC | COM | 2M | 61K | – |
| BECTON DICKINSON & CO | COM | 2M | 8K | – |
| BERKSHIRE HATHAWAY INC DEL | CL A | 4M | 6 | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 11M | 26K | – |
| BEST BUY INC | COM | 63M | 745K | – |
| BIO-TECHNE CORP | COM | 196M | 3M | – |
| BLACK HILLS CORP | COM | 8M | 141K | – |
| BOEING CO | COM | 413K | 2K | – |
| BOSTON SCIENTIFIC CORP | COM | 791K | 10K | – |
| BP PLC | SPONSORED ADR | 536K | 15K | – |
| BRADY CORP | CL A | 462K | 7K | – |
| BRISTOL-MYERS SQUIBB CO | COM | 1M | 29K | – |
| BROADCOM INC | COM | 495K | 308 | – |
| C H ROBINSON WORLDWIDE INC | COM NEW | 60M | 679K | – |
| CANADIAN IMPERIAL BK COMM TO | COM | 484K | 10K | – |
| CARDINAL HEALTH INC | COM | 216K | 2K | – |
| CARRIER GLOBAL CORPORATION | COM | 244K | 4K | – |
| CASEYS GEN STORES INC | COM | 55M | 143K | – |
| CATERPILLAR INC | COM | 6M | 17K | – |
| CHEVRON CORP NEW | COM | 4M | 23K | – |
| CHIPOTLE MEXICAN GRILL INC | COM | 313K | 5K | – |
| CHUBB LIMITED | COM | 589K | 2K | – |
| CINTAS CORP | COM | 3M | 4K | – |
| CISCO SYS INC | COM | 870K | 18K | – |
| CLEARFIELD INC | COM | 11M | 282K | – |
| CLEVELAND-CLIFFS INC NEW | COM | 308K | 20K | – |
| COCA COLA CO | COM | 1M | 23K | – |
| COLGATE PALMOLIVE CO | COM | 216K | 2K | – |
| COMCAST CORP NEW | CL A | 217K | 6K | – |
| CONOCOPHILLIPS | COM | 3M | 27K | – |
| CORNING INC | COM | 4M | 107K | – |
| COSTCO WHSL CORP NEW | COM | 3M | 4K | – |
| CULLEN FROST BANKERS INC | COM | 9M | 87K | – |
| CVRX INC | COM | 2M | 140K | – |
| DANAHER CORPORATION | COM | 221K | 884 | – |
| DEERE & CO | COM | 277K | 742 | – |
| DIGI INTL INC | COM | 206K | 9K | – |
| DISNEY WALT CO | COM | 35M | 356K | – |
| DONALDSON INC | COM | 107M | 1M | – |
| ECOLAB INC | COM | 199M | 834K | – |
| ELI LILLY & CO | COM | 317M | 350K | – |
| EMERSON ELEC CO | COM | 8M | 69K | – |
| ENTEGRIS INC | COM | 126M | 933K | – |
| EXACT SCIENCES CORP | COM | 2M | 39K | – |
| EXXON MOBIL CORP | COM | 4M | 36K | – |
| FASTENAL CO | COM | 167M | 3M | – |
| FISERV INC | COM | 282M | 2M | – |
| FULLER H B CO | COM | 168M | 2M | – |
| GE AEROSPACE | COM NEW | 1M | 8K | – |
| GE VERNOVA INC | COM | 333K | 2K | – |
| GENERAC HLDGS INC | COM | 25M | 191K | – |
| GENERAL MLS INC | COM | 8M | 133K | – |
| GENTHERM INC | COM | 9M | 184K | – |
| GENUINE PARTS CO | COM | 218K | 2K | – |
| GLACIER BANCORP INC NEW | COM | 7M | 195K | – |
| GRACO INC | COM | 298M | 4M | – |
| HARLEY DAVIDSON INC | COM | 235K | 7K | – |
| HAWKINS INC | COM | 1M | 13K | – |
| HEALTHPEAK PROPERTIES INC | COM | 346K | 18K | – |
| HERSHEY CO | COM | 20M | 107K | – |
| HOME DEPOT INC | COM | 56M | 164K | – |
| HONEYWELL INTL INC | COM | 132M | 617K | – |
| HORMEL FOODS CORP | COM | 155M | 5M | – |
| HP INC | COM | 204K | 6K | – |
| HUB GROUP INC | CL A | 13M | 293K | – |
| HUNTINGTON BANCSHARES INC | COM | 476K | 36K | – |
| IDEX CORP | COM | 805K | 4K | – |
| IDEXX LABS INC | COM | 1M | 3K | – |
| ILLINOIS TOOL WKS INC | COM | 403K | 2K | – |
| INSPIRE MED SYS INC | COM | 9M | 64K | – |
| INTEL CORP | COM | 1M | 36K | – |
| INVESCO QQQ TR | UNIT SER 1 | 919K | 2K | – |
| ISHARES TR | RUS 2000 GRW ETF | 245K | 932 | – |
| ISHARES TR | MSCI EAFE ETF | 219K | 3K | – |
| ISHARES TR | CORE S&P500 ETF | 3M | 6K | – |
| ISHARES TR | GLOBAL TECH ETF | 261K | 3K | – |
| ISHARES TR | CORE S&P SCP ETF | 358K | 3K | – |
| ISHARES TR | SELECT DIVID ETF | 804K | 7K | – |
| JAMF HLDG CORP | COM | 7M | 412K | – |
| JOHN BEAN TECHNOLOGIES CORP | COM | 12M | 123K | – |
| JOHNSON & JOHNSON | COM | 173M | 1M | – |
| JPMORGAN CHASE & CO. | COM | 349M | 2M | – |
| KIMBERLY-CLARK CORP | COM | 2M | 12K | – |
| KNIFE RIVER CORP | COMMON STOCK | 8M | 118K | – |
| LINDE PLC | SHS | 226K | 515 | – |
| LITTELFUSE INC | COM | 217M | 849K | – |
| LOCKHEED MARTIN CORP | COM | 369K | 790 | – |
| LOWES COS INC | COM | 1M | 7K | – |
| MARSH & MCLENNAN COS INC | COM | 282K | 1K | – |
| MASTERCARD INCORPORATED | CL A | 408K | 924 | – |
| MCDONALDS CORP | COM | 4M | 16K | – |
| MEDPACE HLDGS INC | COM | 12M | 29K | – |
| MEDTRONIC PLC | SHS | 231M | 3M | – |
| MERCK & CO INC | COM | 7M | 55K | – |
| META PLATFORMS INC | CL A | 11M | 22K | – |
| MGP INGREDIENTS INC NEW | COM | 10M | 130K | – |
| MICROSOFT CORP | COM | 875M | 2M | – |
| MONDELEZ INTL INC | CL A | 222K | 3K | – |
| MOSAIC CO NEW | COM | 1M | 39K | – |
| MOTOROLA SOLUTIONS INC | COM NEW | 191M | 495K | – |
| MSA SAFETY INC | COM | 276K | 1K | – |
| MURPHY OIL CORP | COM | 206K | 5K | – |
| NEOGEN CORP | COM | 6M | 392K | – |
| NEWMONT CORP | COM | 335K | 8K | – |
| NEXTERA ENERGY INC | COM | 711K | 10K | – |
| NIKE INC | CL B | 322K | 4K | – |
| NORFOLK SOUTHN CORP | COM | 657K | 3K | – |
| NORTHERN TR CORP | COM | 1M | 13K | – |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 7M | 137K | – |
| NVE CORP | COM NEW | 545K | 7K | – |
| NVENT ELECTRIC PLC | SHS | 185M | 2M | – |
| NVIDIA CORPORATION | COM | 764M | 6M | – |
| OLD NATL BANCORP IND | COM | 25M | 1M | – |
| ORACLE CORP | COM | 2M | 13K | – |
| OSHKOSH CORP | COM | 5M | 50K | – |
| PALO ALTO NETWORKS INC | COM | 6M | 17K | – |
| PATTERSON COS INC | COM | 944K | 39K | – |
| PAYCHEX INC | COM | 357K | 3K | – |
| PENTAIR PLC | SHS | 6M | 73K | – |
| PEPSICO INC | COM | 1M | 8K | – |
| PFIZER INC | COM | 3M | 112K | – |
| PHILIP MORRIS INTL INC | COM | 284K | 3K | – |
| PHILLIPS 66 | COM | 1M | 7K | – |
| PIPER SANDLER COMPANIES | COM | 60M | 262K | – |
| PLEXUS CORP | COM | 10M | 100K | – |
| PLUG POWER INC | COM NEW | 23K | 10K | – |
| POLARIS INC | COM | 28M | 362K | – |
| PRINCIPAL FINANCIAL GROUP IN | COM | 95M | 1M | – |
| PROCTER AND GAMBLE CO | COM | 30M | 182K | – |
| QCR HOLDINGS INC | COM | 8M | 136K | – |
| QUALCOMM INC | COM | 259M | 1M | – |
| REGIONS FINANCIAL CORP NEW | COM | 203K | 10K | – |
| ROCKWELL AUTOMATION INC | COM | 111M | 402K | – |
| RTX CORPORATION | COM | 909K | 9K | – |
| SALESFORCE INC | COM | 66M | 257K | – |
| SCHLUMBERGER LTD | COM STK | 640K | 14K | – |
| SCHWAB CHARLES CORP | COM | 101M | 1M | – |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 6M | 88K | – |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 576K | 15K | – |
| SEI INVTS CO | COM | 213K | 3K | – |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 2M | 8K | – |
| SHELL PLC | SPON ADS | 1M | 14K | – |
| SHERWIN WILLIAMS CO | COM | 137M | 460K | – |
| SHYFT GROUP INC | COM | 119K | 10K | – |
| SKYWATER TECHNOLOGY INC | COM | 1M | 169K | – |
| SMITH & WESSON BRANDS INC | COM | 143K | 10K | – |
| SNAP ON INC | COM | 1M | 4K | – |
| SOLVENTUM CORP | COM SHS | 2M | 44K | – |
| SONOCO PRODS CO | COM | 254K | 5K | – |
| SPDR S&P 500 ETF TR | TR UNIT | 5M | 9K | – |
| SPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 527K | 985 | – |
| STARBUCKS CORP | COM | 226K | 3K | – |
| STRYKER CORPORATION | COM | 1M | 4K | – |
| STURM RUGER & CO INC | COM | 500K | 12K | – |
| SURMODICS INC | COM | 420K | 10K | – |
| SYSCO CORP | COM | 80M | 1M | – |
| TARGET CORP | COM | 67M | 455K | – |
| TENNANT CO | COM | 118M | 1M | – |
| TEXAS INSTRS INC | COM | 43M | 219K | – |
| THERMO FISHER SCIENTIFIC INC | COM | 1M | 2K | – |
| TJX COS INC NEW | COM | 304K | 3K | – |
| TORO CO | COM | 304M | 3M | – |
| TRANE TECHNOLOGIES PLC | SHS | 371K | 1K | – |
| TRAVELERS COMPANIES INC | COM | 16M | 79K | – |
| ULTA BEAUTY INC | COM | 28M | 73K | – |
| UNION PAC CORP | COM | 1M | 6K | – |
| UNITED FIRE GROUP INC | COM | 516K | 24K | – |
| UNITED PARCEL SERVICE INC | CL B | 15M | 110K | – |
| UNITEDHEALTH GROUP INC | COM | 430M | 845K | – |
| US BANCORP DEL | COM NEW | 205M | 5M | – |
| VANGUARD INDEX FDS | MID CAP ETF | 350K | 1K | – |
| VANGUARD INDEX FDS | GROWTH ETF | 422K | 1K | – |
| VANGUARD INDEX FDS | TOTAL STK MKT | 249K | 931 | – |
| VANGUARD INDEX FDS | LARGE CAP ETF | 206K | 827 | – |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 476K | 3K | – |
| VERICEL CORP | COM | 1M | 26K | – |
| VERIZON COMMUNICATIONS INC | COM | 189M | 5M | – |
| VISA INC | COM CL A | 180M | 687K | – |
| WALMART INC | COM | 922K | 14K | – |
| WASTE MGMT INC DEL | COM | 238K | 1K | – |
| WEC ENERGY GROUP INC | COM | 330K | 4K | – |
| WELLS FARGO CO NEW | COM | 143M | 2M | – |
| WEYERHAEUSER CO MTN BE | COM NEW | 1M | 46K | – |
| WINTRUST FINL CORP | COM | 10M | 101K | – |
| WOODWARD INC | COM | 2M | 14K | – |
| WORKIVA INC | COM CL A | 57M | 783K | – |
| XCEL ENERGY INC | COM | 19M | 360K | – |
| ZIMMER BIOMET HOLDINGS INC | COM | 2M | 16K | – |
| ZOETIS INC | CL A | 329K | 2K | – |