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Our Team

Richard Faw, Founding Partner and Chief Investment Officer

Richard founded Setarcos Wealth Advisors in 2011. Before that, he worked for Mercer Investment Consulting serving as the lead advisor to institutional investors with assets totaling more than $3 billion. Prior to that, Richard worked as a pension actuary and investment consultant. He earned a Bachelor of Science degree in Mathematics from the University of the South in Sewanee, Tennessee where he was also student assistant chief of the community volunteer fire department. 


Richard brings a diverse set of experiences to every client relationship. These include work with large sophisticated investors, an actuarial background providing deep analytical capabilities and in-depth knowledge of insurance programs, and over a decade of consulting experience through which he developed a passion for serving his clients.

Richard holds the following credentials:

  • CFA Charterholder

  • Certified Financial Planner®

  • Chartered Alternative Investment Analyst

  • Certified Financial Risk Manager

  • Fellow of the Society of Actuaries

When not in the office, Richard can be found exploring the city with his wife, working on his sailing skills or playing guitar at a nearby hole in the wall. 

Stephen Way, Partner and Director of Planning

Stephen joined Setarcos Wealth Advisors in 2014 as an advisor.  He brings more than two decades of finance, investment and accounting experience to the firm. He began his career with Ernst & Young LLP where he acquired his CPA license. He then moved into various corporate finance roles at Continental Airlines and The Clorox Company. His previous roles helped him develop valuable knowledge and experience related to financial planning, investment management, and tax.


He earned a Bachelor of Science in Business from Miami University (Ohio) with a major in accountancy. In addition, he earned a Certificate in Personal Financial Planning from UC Berkeley Extension.


Stephen holds the following credentials:

  • CFA Charterholder

  • Certified Financial Planner®

  • Certified Public Accountant

When not in the office, Steve can be found cycling in and around Philadelphia, listening to live music or in his kitchen making pizza.

Erica Hamblen, Operations Manager and Chief Compliance Officer

Erica joined Setarcos Wealth Advisors in 2021.  Over more than two decades, she has developed broad management skills working in a wide range of roles, including customer service, inside sales, office management, and executive support.  She brings a passion for client service and all things financial planning to the team.


Erica earned a Bachelor of Science from the University of Maryland University College in Business and a minor in Communications.  She went on to earn a Master of Science degree in Applied Economics and a Master of Business Administration with a focus on Economics from Wright State University.  


Erica has always been an active volunteer in her community.  She currently volunteers at her children’s school tutoring math and reading, serves on the PTA board at both the local and county level, and is treasurer of her HOA.  She is currently working with her school to develop an after-school club to mentor middle school students in the world of finance – everything from opening a checking account, creating budgets, to retirement goals.


When Erica is not in the office or volunteering, she can be found with a book in her hand or traveling with her family.

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