Founded in 1931, Mairs and Power is an investment advisory firm that serves a variety of clients. The firm manages the Mairs and Power Growth Fund and the Mairs and Power Balanced Fund. The Mairs and Power Growth Fund provides shareholders with a diversified holding of common stocks that appear to offer possibilities for long-term appreciation. The Mairs and Power Balanced Fund provides shareholders with regular current income, the potential for capital appreciation and a moderate level of volatility by investing in a diversified list of securities, including bonds, preferred stocks, common stocks and other securities convertible into common stock. Mairs and Power is registered with the U.S. Securities and Exchange Commission.