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About Us

Somerset Group is an independent registered financial advisor.


The firm was founded in 2012 by a group of seasoned portfolio managers who were looking to separate from large institutions  in order to better serve their individual client needs. 

Somerset is a true fiduciary. Always acting in our client's best interest.


No proprietary products

No sales quotas

No conflicts of interest

The Somerset Team

Somerset Team

Arlene Kielley

President, Portfolio Manager

Minnesota: 952-681-7663

Prior to founding Somerset Group, Arlene was Senior Vice President, Portfolio Manager of Somerset Asset Management.

She has over 30 years of experience in financial services, investment management and portfolio construction. Eighteen of those years were spent at US Bank in the portfolio management and private wealth group.


Arlene is committed to developing custom solutions for individuals and select institutions.

Her perspective, attention to detail, and passion make her a critical member of our investment team and positive influence in our client’s long-term financial well-being.    


Arlene received her BS in Business Administration from St. Catherine University in St. Paul, Minnesota.


Julie Toelle

Treasurer, Head of Operations

Florida: 941-964-2434

Julie Toelle is head of operations for both the Minnesota and Florida offices.  

She came to Somerset Group in 2012 after spending 9 years at Somerset Asset Management. Julie has over 24 years of experience in investment management operations and is well known for her strong attention to detail and commitment to Somerset clients.      


Julie received her BA in Business Administration from Belmont College in Nashville, Tennessee.


Cyndy Hansen

Financial Advisor

Minnesota: 952-681-7254

Cyndy joined Somerset Group in 2017.  

Prior to working in the investment field, Cyndy ran a successful family retail business in Minnetonka. At Somerset, she reinforces her passion for working hard and planning ahead to realize and exceed future goals. Cyndy has special interests in investment analysis, trading and financial planning for families.

When not in the office, Cyndy and her husband stay busy with their 3 children involved in synchronized skating, basketball and gymnastics. They have spent over 8 years working to develop the next generation of leaders as Boy and Girl Scout volunteers. Everyone can make a difference, get up and get involved!

Cyndy received her BS in Mathematics from Lewis & Clark College in Portland, Oregon.

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