Setarcos Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Setarcos Wealth Advisors reports 54 clients. They include 40 high-net-worth individuals and 14 individual clients. Of its assets, 100.0% ($112M across 229 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 26% | 6% |
| High-net-worth individuals | 74% | 94% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 14 | $6.45M | 5.8% | $461K |
| High-net-worth individuals | 40 | $105M | 94.2% | $2.63M |
| Total | 54 | $112M | 100% | $2.07M |
- Clients
- 14
- Regulatory AUM
- $6.45M
- AUM share
- 5.8%
- Avg. per client
- $461K
- Clients
- 40
- Regulatory AUM
- $105M
- AUM share
- 94.2%
- Avg. per client
- $2.63M
Total
- Clients
- 54
- Regulatory AUM
- $112M
- AUM share
- 100%
- Avg. per client
- $2.07M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Setarcos Wealth Advisors charges 0.30%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$1M | 0.85% |
| $1M–$5M | 0.70% |
| $5M–$10M | 0.50% |
| $10M and above | 0.30% |
Fee details and sources
Richard Faw owns 75% or more of Setarcos Wealth Advisors. The leadership team of Setarcos Wealth Advisors includes President Richard Faw and Chief Compliance Officer Erica Hamblen. It has 3 employees, 2 of them in advisory roles.
Leadership
- Richard FawPresident
- Erica HamblenChief Compliance Officer
- Stephen WayPartner
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Setarcos Wealth Advisors LLC
Richard Faw
Control person · since May 2011
- Owns 10% to 25% of Setarcos Wealth Advisors LLC
Stephen Way
since January 2021
Besides its headquarters, Setarcos Wealth Advisors has 3 offices (2 private residences, listed without an address), with 2 listed addresses in Georgia and Pennsylvania.
Georgia · 1 listed address
- 100 Bull Street, Savannah
Pennsylvania · 1 listed address
- 325 Chestnut Street, Suite 800, PhiladelphiaHQ
Contact and registration details
- Legal name
- Setarcos Wealth Advisors LLC
- Headquarters
- 325 Chestnut Street, Suite 800, Philadelphia, PA 19106
- Website
- setarcosllc.com
- Phone
- 267-504-4905
- SEC file
- 801-135815
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Setarcos Wealth Advisors uses Charles Schwab ($107M) as custodian for its separately managed accounts. Setarcos Wealth Advisors has custody of $21.1M in client assets for 21 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Phoenix, AZ · $107M100%
At year end, Setarcos Wealth Advisors’ separately managed accounts were mostly in funds (89%).
What the accounts hold
- Stocks7%
- Funds89%
- Registered funds88%
- Pooled vehicles1%
- Bonds1%
- Cash1%
- Other2%
- Annuities, reit, real estate/variable annuity2%
How many clients does Setarcos Wealth Advisors have?
Setarcos Wealth Advisors has 54 clients and manages $112 million for them, as of May 2026. They include 40 high-net-worth individuals and 14 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 May 2026
What services does Setarcos Wealth Advisors offer?
Setarcos Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Setarcos Wealth Advisors charge?
Setarcos Wealth Advisors charges 0.30%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Setarcos Wealth Advisors use?
Setarcos Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Phoenix, AZ), with $107M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 May 2026
How many financial advisors does Setarcos Wealth Advisors have?
Setarcos Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Setarcos Wealth Advisors invest in?
At the end of its last fiscal year, Setarcos Wealth Advisors’ separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 2% other, 1% investment grade corporate bonds, 1% pooled vehicles (private funds and similar) and 1% cash and equivalents. The 2% other category is described as: Annuities, Reit, Real Estate/Variable Annuity.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Setarcos Wealth Advisors?
Setarcos Wealth Advisors’ direct owners are Richard Faw (75% or more) and Stephen Way (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 18 May 2026
How does Setarcos Wealth Advisors get paid?
Setarcos Wealth Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Setarcos Wealth Advisors registered with the SEC?
Yes, Setarcos Wealth Advisors has been registered with the SEC as an investment adviser since 9 April 2026. Its CRD number is 157930 and its SEC file number is 801-135815.
Source: Form ADV Part 1A, Item 1, filed 18 May 2026; IAPD firm record
How do I contact Setarcos Wealth Advisors?
Setarcos Wealth Advisors’ main office is at 325 Chestnut Street, Suite 800, Philadelphia, PA 19106. Its phone number is 267-504-4905. Its website is setarcosllc.com.