SEC-Registered Investment Adviser
Mairs & Power
Legal name: Mairs And Power INC
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated April 20, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- November 15, 1961
- Principal office
- 30 E 7th Street, Suite 2500, St. Paul, MN 55101-1363
- Organized as
- Corporation, MN
- Fiscal year end
- December
Scale
- Regulatory AUM
- $12.1B
- Discretionary / non-discretionary
- $12.0B / $157.3M
- Attributable to non-US clients
- $20.9M
- Accounts
- 1,725
- Clients
- 0
- Employees
- 60, 25 in advisory roles
- Private funds advised
- 2
- Private fund gross assets
- $59.3M
- Fund types
- 2 venture capital funds
- Funds with Form D records
- 1 issuer in AltStreet's ledger, $32.8M reported sold across them
- Client assets in custody
- $1.0B (445 clients)
Business, clients and compensation, as filed
- Advisory activities
- financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients and educational seminars or workshops
- Compensated by
- a percentage of assets under management, fixed fees and performance-based fees
- Client types
- individuals (other than high net worth) (138); high net worth individuals (568); investment companies (1); pooled investment vehicles (2); pension and profit sharing plans (20); charitable organizations (38); state or municipal government entities; insurance companies; corporations or other businesses (6)
- Related persons include
- a sponsor, general partner or managing member of pooled investment vehicles
- Wrap fee program
- Sponsors or manages a wrap fee program
Form ADV Item 11 disclosures
No yes answers on Item 11 as of the latest Form ADV (April 20, 2026). Item 11 covers the firm and its advisory affiliates.
Form D activity of the funds this firm advises, by year
1 issuer in AltStreet's EDGAR ledger are joined to this adviser through Form ADV Schedule D, with Form D filings from November 13, 2024 to November 10, 2025. 1 offering is still raising on the latest filing. Reported sold across them: $32.8M.Years are the year of each offering's first notice; sold and investors are the latest figures on each chain. Counts and totals only; the fund roster is in the terminal.
| First notice | Offerings | Reported sold | Investors |
|---|---|---|---|
| 2024 | 1 | $32.8M | 102 |
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.