Mairs & Power, founded in 1931, is one of the oldest independent investment advisory firms in the nation and is based in St. Paul, Minnesota. A cornerstone of their approach is a regional focus, often favoring companies headquartered in the Upper Midwest. Their investment style is a long-term, buy-and-hold growth strategy. They seek durable, growing companies with sustainable competitive advantages and strong management teams. The firm operates with a multi-generational perspective, investing in businesses they believe can compound wealth for many years, which results in very low portfolio turnover. The Mairs & Power Growth Fund is their flagship product, reflecting this consistent, regionally-focused investment philosophy.

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