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How does the advisor help clients – Key Takeaways:
MAIRS & POWER provides financial expertise and guidance to their clients through their team of experienced advisors. They assist clients in defining and achieving their financial goals by creating personalized and comprehensive financial plans.
Facts and Insights:
MAIRS & POWER manages over $5.2 billion in assets and has 12 advisors on their team. They have been in business since 1931, providing consistent and reliable financial services to their clients for nearly 90 years.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $5.2 billion | 12 | 89 years |
Financial Services Offered:
MAIRS & POWER offers a wide range of financial services to their clients, including investment management, financial planning, retirement planning, tax planning, and estate planning. Their highly experienced advisors work closely with clients to create a customized financial plan that fits their unique needs and goals.
Client Types:
MAIRS & POWER serves a variety of clients, including high net worth individuals, families, trusts, and institutions. They have the expertise and resources to assist clients from all walks of life and help them achieve their financial goals.
Fees & Compensation:
MAIRS & POWER charges fees based on a percentage of assets under management, ensuring that their interests are aligned with those of their clients. They have a transparent fee structure and do not receive any additional compensation such as commissions or referral fees, so clients can trust that their advice is unbiased and in their best interest.
Background:
MAIRS & POWER was founded in 1931 by William B. Mairs and George H. Power, who believed in providing personalized and comprehensive financial services to their clients. Today, the company continues to uphold these values and has grown into one of the most respected and trusted financial advisory firms in the country.
Financial Advisor Disclosures to Know:
MAIRS & POWER is a registered investment advisor (RIA) with the Securities and Exchange Commission (SEC). They have a fiduciary duty to act in their clients’ best interests and must disclose any potential conflicts of interest. They have a clean record with no regulatory actions or disciplinary proceedings against them.