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Luke Elifson
Equity Trader and Assitant Portfolio Manager at Mairs & Power Inc.
About
Luke Elifson is an Equity Trader and Assistant Portfolio Manager at Mairs & Power, Inc., based in Minneapolis, MN, where he joined the firm in 2022. In his current role, he supports multiple investment managers with equity trading operations and assists in portfolio management, drawing on industry experience since 2017. His responsibilities include executing trading strategies, reviewing accounts, and contributing to the overall asset management process.
Elifson’s investment focus centers on equity securities, with a particular emphasis on companies headquartered in Minnesota and the Upper Midwest—a regional sector specialty that is a cornerstone of Mairs & Power’s investment strategy. He works closely with the firm’s mutual funds and individually managed portfolios, emphasizing quality long-term stock selection within this geographic area.
Before joining Mairs & Power, Elifson spent several years as head coach and assistant coach of boy’s tennis at St. Paul Academy and Summit School, demonstrating leadership and mentoring skills outside the financial sector. He holds a Bachelor of Arts in Business Administration and Management from the University of St. Thomas, equipping him with a strong foundation in business strategy and investment analysis.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Mairs & Power, Inc. | Equity Trader and Assitant Portfolio Manager | Dec 2022 to Present | — |
| St. Paul Academy and Summit School | Head Coach of Boy's Tennis | Mar 2022 to Sep 2024 | Led high school boys’ Varsity team to three consecutive State championship titles through player growth, dedication, and mentoring. •Created and implemented structured training plans for regionally an... |
| St. Paul Academy and Summit School | Assistant Coach of Boy's Tennis | Sep 2014 to Mar 2022 | — |
| Sawtooth Solutions | Senior Trading Analyst | Sep 2021 to Dec 2022 | Data reconciliation and model manager updates across multiple databases with $15 billion of assets under management, filtering, and blocking restricted accounts. •Primary point of contact for escalati... |
| Sawtooth Solutions | Trading Analyst | Aug 2019 to Sep 2021 | Exchange-traded funds (ETF), stock, bond, and mutual funds (MF) traded via the Orion Trading system. Allocated via models, non-model ETF/MF trading at custodians, liquidations, and distributions. Trad... |
| Sawtooth Solutions | Operations Analyst | Feb 2018 to Aug 2019 | Manage trade requests from our advisory clients to our trading team, synchronized and maintained approx. 80,000 households on the trading platform. •Responsible for managing the largest three clients ... |
Education
University of St. Thomas
Bachelor of Arts - BA, Business Administration and Management, General
Others at Mairs & Power Inc. (12)
| Name | Role | Location |
|---|---|---|
| Investment Manager | Burnsville, MN , United States | |
| Vice President and Investment Manager | Saint Paul, MN , United States | |
G Glenn Johnson | Portfolio Manager | Saint Paul, MN , United States |
| Chairman and Investment Manager | Saint Paul, MN , United States | |
M Michelle Warren | Vice President and Investment Manager | Saint Paul, MN , United States |
| VP and Investment Manager, Co-Manager, Small Cap Fund | Saint Paul, MN , United States | |
| Equity Research Associate | Minneapolis, MN , United States | |
| Vice President, Investment Manager | Wayzata, MN , United States | |
| Chief Investment Officer | United States | |
C Chad Kilmer | Vice President and Investment Manager | Saint Paul, MN , United States |
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| Partner | Circle Wealth Management, LLC | NJ , United States | |
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