Somerset Group LLC
Firm details
- Headquarters
- Wayzata, Minnesota
- CRD number
- 160282
- Registered since
- January 17, 2012
- Website
- www.somerset-group.com
- Custodians
- U.S. BANK, N.A., CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM
- Client types
- HNWI94.84%
- Individuals5.16%
- Services
- Financial PlanningPortfolio Management for Individuals
Firm profile
FINTRXOverview
Somerset Group LLC is an independent, SEC‑registered registered investment adviser that began operating in 2012 as a limited liability company owned by an individual. The firm serves individuals and families (including small-business owners) and charges fees as a percentage of assets under management. Its advisory scope centers on financial planning and discretionary portfolio management for individual and small-business clients. Somerset does not report itself as a capital allocator, is not positioned as an ESG investor, and does not list pension consulting or related-adviser activities.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities65%
- Public Funds/Mutual Funds33%
- US Government Bonds1%
- Cash & Cash Equivalents1%
Contacts
3 of 3
Julie Toelle
TreasurerCRD 6012096
Cynthia Hansen
Financial AdvisorCRD 7264402
Arlene Kielley
President, Portfolio ManagerCRD 6012094
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 23Active vs passive
$52.2M in ETFs
93%
$48.7M
6%
$3.5M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| INVESCO QQQ TRUST SERIES 1 (QQQ) | Invesco | Passive | Large Growth | $12.1M | 16,617 | 23.10% |
Location
Wayzata, MN
Hennepin
Location
Wayzata, MN
Headquartered in Wayzata, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.
- Metro area
- Minneapolis-St. Paul, MN-WI
- Region
- Midwest
- County
- Hennepin
- Address
- 15600 Wayzata Blvd
- Time zone
- CT (UTC-6)
- Office locations
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