SourcingSourcing

SOMERSET GROUP LLC

B64
CRD 160282·SEC 801-73020·WAYZATA, MN
AUM
$145.6M
$100M-$500M
Est. Revenue
$1.5M
@ 1% on AUM
Est. EBITDA
$437K
@ 30% margin
Est. Deal Value
$3.5M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
SOMERSET GROUP LLC
CRD
160282
SEC file #
801-73020
EIN
454103800
DBA names
—

Economics

AUM
$145.6M
AUM band
$100M-$500M
AUM trajectory
'20'26
$131.3M → $145.6M▲ +11%
Client mix
Individuals Other34
Individuals High Net Worth24

Operations

Employees (total)
3
Advisory staff (per ADV)
2
Advisory staff (5-yr trend)
'20'26
3 advisors → 2 advisors▼ -33%
Primary office
WAYZATA MN
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Financial planningPortfolio mgmt — individuals
Fee basis
% of AUM

Filings

Latest ADV filing
03/19/2026
ADV-W filed at
—
Website
somerset-group.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
KIELLEY, ARLENE, JANE
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
KIELLEY, ARLENE, JANE
Hansen, Cynthia, Anne
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
SOMERSET-GROUP.COM
Rdap Domain Creation Date
2012-02-03T02:39:26Z
Rdap Firm Age Years
14
Rdap Firm Age Band
10-20y
Rdap Registrar
NameCheap, Inc.

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
1
Form 5500 Total Participants
6
Form 5500 Compensation Trajectory 3y
20240
Form 5500 Plan Count Trajectory 3y
20241
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Cik
0001567912
Edgar Registered
Yes
Edgar Filing Count
56
Edgar First Filing Date
2013-02-15
Edgar Last Filing Date
2026-05-13
Edgar 13f Count
54
Edgar 13f Latest AUM Estimate
Filing Date2026-05-13
Accession0001062993-26-002574

Compliance & brand

Firm Registration Status
active

All other collected signals (17)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
Charles Schwab6
E*trade4
U.s. Bank2
Edgar Addresses
Mailing
15600 WAYZATA BLVD, STE 304WAYZATA, MN 55391
Business
15600 WAYZATA BLVD, STE 304WAYZATA, MN 55391
Edgar EIN
454103800
Edgar Recent Filings
13F-HR2026-05-13 · 0001062993-26-002574
13F-HR2026-02-12 · 0001062993-26-000866
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2027-02-03T02:39:26Z
Rdap Domain Last Changed
2024-12-30T18:00:02Z
Rdap Nameservers
Ns1.bdm.microsoftonline.comNs2.bdm.microsoftonline.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer Prohibited
Top Owner CRD
6012094
Trust Company Affiliate
No

People (3)

3
KIELLEY, ARLENE, JANE
IAR · Direct Owner · 87.5%
6012094
TOELLE, JULIE, RENEE
IAR · Direct Owner · 17.5%
6012096
Hansen, Cynthia, Anne
IAR · Direct Owner · 17.5%
7264402