General Investing >> Money Manager Interviews >> February 5, 2014

Seeking Durable Competitive Advantages in Small-Cap Stocks

Adams, Andrew R.
Andrew R. Adams, CFA, CIC, joined Mairs and Power, Inc., as Vice President and Investment Manager of individually managed accounts in 2006. Mr. Adams was appointed Manager of the new Mairs and Power Small Cap Fund, which was launched in August of 2011. Mr. Adams began his career as a Securities Analyst with Advantus Capital Management in 1997, where he also served as an Investment Officer prior to his departure in 2003. Prior to joining Mairs and Power, Inc., Mr. Adams worked as a Portfolio Manager at U.S. Bancorp Asset Management, now Nuveen Asset Management, in Minneapolis, where he co-managed their small cap blend mutual fund. Mr. Adams earned a BBA from the University of Wisconsin, Madison in finance and mathematics. He also earned an M.S. in finance from the University of Wisconsin, Madison, where he participated in their Applied Security Analysis Program. Mr. Adams is a CFA charterholder as well as a Chartered Investment Counselor. Profile
TWST: Could you please begin with a brief history of Mairs and Power Small Cap Value and an overview of the core philosophy and guiding strategies?

Mr. Adams: The Mairs and Power Small