{"url":"https://nivawealth.com/firms/setarcos-wealth-advisors-157930","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/157930","regulatoryAum":111675224,"crd":"157930","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5922307","suffix":"III","lastName":"FAW","firstName":"RICHARD","middleName":"GORDON"},{"crd":"6302406","suffix":null,"lastName":"WAY","firstName":"STEPHEN","middleName":"ALFRED"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135815","legalName":"Setarcos Wealth Advisors LLC","displayName":"Setarcos Wealth Advisors","slug":"setarcos-wealth-advisors-157930","website":"https://setarcosllc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/157930/90406ba4129abe5a-r1.webp","tone":"light","width":1051,"height":200,"sourceUrl":"https://setarcosllc.com/","sourceLabel":"Setarcos Wealth Advisors LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/setarcos-investment-advisors-llc","xUrl":"https://x.com/SetarcosLLC","founded":null,"organization":"Pennsylvania limited liability company","fiscalYearEnd":"December","headquarters":{"street":"325 Chestnut Street, Suite 800","city":"Philadelphia","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"19106"},"tradeNames":[],"registration":{"secApproved":"9 April 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2068059.7037037036,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":111675224,"discretionary":111675224,"discretionaryAccounts":229,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":14,"regulatoryAum":6452532},{"label":"High-net-worth individuals","clients":40,"regulatoryAum":105222692}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":1,"from":0},{"to":1000000,"pct":0.85,"from":500000},{"to":5000000,"pct":0.7,"from":1000000},{"to":10000000,"pct":0.5,"from":5000000},{"to":null,"pct":0.3,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016652","versionId":1016652,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-10","documentName":"SETARCOS DISCLOSURE BROCHURE","fee_rate_low":0.3,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:21:22.235435+00:00","documents":[{"name":"SETARCOS DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016652","versionId":1016652,"submittedOn":"2026-03-10"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Phoenix, AZ","smaAssets":107057490}],"custodyNote":"Setarcos Wealth Advisors has custody of $21.1M in client assets for 21 clients.","leadership":[{"name":"Richard Faw","title":"President","crd":"5922307"},{"name":"Erica Hamblen","title":"Chief Compliance Officer","crd":"7875037"},{"name":"Stephen Way","title":"Partner","crd":"6302406"}],"ownership":[{"label":"Richard Faw","detail":"President in the 75% or more ownership band and a control person, since May 2011."},{"label":"Stephen Way","detail":"Partner in the 10% to 25% ownership band, since January 2021."}],"filedOffices":{"otherThanPrincipal":3,"privateResidences":2},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Georgia","offices":1,"addresses":[{"street":"100 Bull Street","city":"Savannah"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"325 Chestnut Street, Suite 800","city":"Philadelphia","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"267-504-4905","stateRegisteredReps":2,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":88},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":2,"detail":"Annuities, Reit, Real Estate/Variable Annuity"}],"privateFunds":0},"sources":{"adv1FilingDate":"18 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/157930/PDF/157930.pdf","brochureDate":"10 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016652","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Setarcos Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Setarcos Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Setarcos Wealth Advisors charge?","answer":"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.","source":"SETARCOS DISCLOSURE BROCHURE, filed 10 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Setarcos Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Setarcos Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Setarcos Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Setarcos Wealth Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Setarcos Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Setarcos Wealth Advisors registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Setarcos Wealth Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 18 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}