Investment adviser · CRD 110351

MAIRS & POWER

Investment adviser filing (IA)

MAIRS AND POWER INC

ST. PAUL, MN, United States · Form ADV filed Apr 20, 2026

Regulatory AUM
$12.1B
Form ADV · Item 5.F
Client accounts
1,725
Accounts, not individual clients
Employees
60
Reported in this filing
Advisory professionals
25
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Investment companies1$6,476,577,27753.3%
High-net-worth individuals568$4,384,811,98636.1%
Retirement plans20$492,118,2024.1%
Charities38$412,921,2473.4%
Insurance companiesFewer than 5$168,879,5451.4%
Corporations & businesses6$73,216,2760.6%
Individuals138$64,901,0820.5%
Pooled investment vehicles2$59,280,0000.5%
Government entitiesFewer than 5$11,610,5890.1%
Filing source

Form ADV 2096271 · Apr 20, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

2 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

MAIRS & POWER VENTURES FUND II, LPVenture Capital Fund · Last reported Apr 20, 2026$40.1MGross asset value

Form D fundraising filings

Mairs & Power Ventures Fund II, LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHEN & COMPANY, LTD. CLEVELAND, Ohio, United States
Custodian EQUITY TRUST FORT MYERS, Florida, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

COHEN & COMPANY, LTD.
PCAOB 925

Fund details & source
Fund ID
805-1891503699
Reported beneficial owners
112
Minimum commitment
$500K
Form D file number
021-529293

Form ADV 2096271 · Apr 20, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MAIRS & POWER VENTURES FUND I, LPVenture Capital Fund · Last reported Apr 20, 2026$19.2MGross asset value

Form D fundraising filings

Mairs & Power Ventures Fund I, LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHEN & COMPANY, LTD. CLEVELAND, Ohio, United States
Custodian EQUITY TRUST FORT MYERS, Florida, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

COHEN & COMPANY, LTD.
PCAOB 925

Fund details & source
Fund ID
805-1895509020
Reported beneficial owners
58
Minimum commitment
$250K
Form D file number
021-412300

Form ADV 2096271 · Apr 20, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Apr 20, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Educational seminars

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

30 E 7TH STREET, SUITE 2500
ST. PAUL, MN, 55101-1363, United States

CRD 110351

Filing source

Form ADV 2096271 · Apr 20, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.