Profile
Mr. William B.
Frels, CFA, is Chairman Emeritus at Mairs & Power, Inc. He joined Mairs and Power, Inc. as the lead manager of the Mairs & Power Balanced Fund after 30 years of investment management experience.
He began co-managing the Mairs & Power Growth Fund in 1999 and took over as lead manager in 2004 while maintaining several individually managed account relationships.
Effective July 1, 2013, he was named co-manager of the Mairs & Power Growth Fund and the Mairs & Power Balanced Fund.
He served as Chairman and CEO from 2007 through 2012 and as Chairman of the Board since 2012.
Prior to joining Mairs & Power in 1992, Mr. Frels began his career with First National Bank of Minneapolis as a security analyst and later became Director of Research before spending several years at the First Trust Company of Saint Paul as a senior portfolio manager.
Mr. Frels earned a BBA in Finance from the University of Wisconsin, Madison.
He is a CFA charterholder as well as a Chartered Investment Counselor and is active in several community organizations.
Former positions of William Bernard Frels
| Companies | Position | End |
|---|---|---|
Mairs & Power, Inc.
 Mairs & Power, Inc. Investment ManagersFinance Mairs & Power, Inc. is an independent, SEC-registered investment advisor headquartered in St. Paul, Minnesota. Founded in 1931, the firm provides discretionary and non-discretionary investment advisory services to a variety of clients, such as institutional accounts, individuals, pension and profit-sharing plans, trusts, trust companies and health and welfare plans. | Chairman | 01/01/2014 |
US Bank Trust, NA (St. Paul, Minnesota)
 US Bank Trust, NA (St. Paul, Minnesota) Major BanksFinance US Bank NA provides banking services. Its services include online access, Internet banking, Internet bill pay, mobile banking, options for paying bills, online statements, login to mortgage account, online with financial management software, U.S. bancorp investments online investing, student loans, and phone access. The company was founded in 1973 and is based in Saint Paul, Minnesota. | Corporate Officer/Principal | - |
| U.S. Bank, NA (Minneapolis, Minnesota) | Corporate Officer/Principal | - |
Training of William Bernard Frels
| University of Wisconsin | Undergraduate Degree |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 3 |
|---|---|
Mairs & Power, Inc.
Mairs & Power, Inc. Investment ManagersFinance Mairs & Power, Inc. is an independent, SEC-registered investment advisor headquartered in St. Paul, Minnesota. Founded in 1931, the firm provides discretionary and non-discretionary investment advisory services to a variety of clients, such as institutional accounts, individuals, pension and profit-sharing plans, trusts, trust companies and health and welfare plans. | Finance |
| U.S. Bank, NA (Minneapolis, Minnesota) | Finance |
US Bank Trust, NA (St. Paul, Minnesota)
US Bank Trust, NA (St. Paul, Minnesota) Major BanksFinance US Bank NA provides banking services. Its services include online access, Internet banking, Internet bill pay, mobile banking, options for paying bills, online statements, login to mortgage account, online with financial management software, U.S. bancorp investments online investing, student loans, and phone access. The company was founded in 1973 and is based in Saint Paul, Minnesota. | Finance |
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