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 registered investment adviser organized as a limited liability company and registered with the SEC since 2012. The firm serves individual and family clients, offering financial planning and portfolio management for individuals and small businesses. It charges fees as a percentage of assets under management and operates under individual ownership rather than as a capital allocator or part of a related-adviser structure. Somerset is not identified as an active ESG investor, a pension consultant, or a multi-state adviser in the source snapshot.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
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 3JULIE 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
$48.7M in ETFs
93%
$45.2M
6%
$3.5M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| INVESCO QQQ TRUST SERIES 1 (QQQ) | Invesco | Passive | Large Growth | $10.6M | 16,265 | 21.66% |
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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