# SOMERSET GROUP LLC

SOMERSET GROUP LLC of WAYZATA, MN is an SEC-registered investment adviser.

## Registration

- CRD: 160282
- Type: SEC-registered investment adviser
- SEC file number: 801-73020
- Location: 15600 WAYZATA BLVD, SUITE 304, WAYZATA, MN, 55391
- Phone: 952-681-7254
- Latest filing: 2026-03-19
- Regulatory AUM: $145.6M
- Discretionary AUM: $145.6M
- Clients: 3
- Accounts: 161

## Business model

- Compensation: % of AUM
- Clients served: Individuals, High net worth

## Officers, owners & control persons (7)

| Name | Role | Location |
| --- | --- | --- |
| Arlene Jane Kielley | MEMBER, PRESIDENT AND CHIEF COMPLIANCE OFFICER, PORTFOLIO MANAGER | — |
| Julie Renee Toelle | MEMBER, TREASURER, OPERATIONS MANAGER | — |
| MURPHY JOHN MOYLAN | MEMBER, CHIEF EXECUTIVE OFFICER, PORTFOLIO MANAGER; MEMBER, PRESIDENT; PRESIDENT | — |
| KIELLEY ARLENE JANE | MEMBER, PORTFOLIO MANAGER, CHIEF COMPLIANCE OFFICER; MEMBER, PRESIDENT AND CHIEF COMPLIANCE OFFICER, PORTFOLIO MANAGER; PORTFOLIO MANAGER, CHIEF COMPLIANCE OFFICER | — |
| SPOO ABBEY MARLANA | MEMBER, CORPORATE SECRETARY, PORTFOLIO MANAGER; MEMBER, PORTFOLIO MANAGER; PORTFOLIO MANAGER | — |
| TOELLE JULIE RENEE | MEMBER, OPERATIONS MANAGER; MEMBER, TREASURER, OPERATIONS MANAGER; OPERATIONS MANAGER | — |
| Cynthia Anne Hansen | EXECUTIVE VICE PRESIDENT | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/160282/brochure
- Similar advisers: https://search.stillhousedata.com/firm/160282/similar
- Related entities: https://search.stillhousedata.com/firm/160282/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/160282

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.