Maryland Capital Advisors, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Maryland Capital Advisors provides discretionary and non‑discretionary portfolio management and investment advice to individuals and families, retirement plans, corporations, and trusts or charitable organizations. The firm develops individualized, tax‑ and cost‑efficient portfolios and Investment Policy Statements, and as of December 31, 2025 reported managing approximately $485.8 million on a discretionary basis, about $4.9 million non‑discretionary, and advising on roughly $100.4 million of additional client assets.
The firm’s investment approach is grounded in Modern Portfolio Theory and factor research, with a stated view that markets are generally efficient and a preference for passively managed funds and ETFs to implement global, multi‑asset allocations. Portfolios are organized into “Risk Assets” (equities and real estate funds) and “Low‑Risk Assets” (bond funds and individual fixed‑income securities), and the firm highlights bond‑market experience to manage interest‑rate, credit, and cash‑flow risks.
Noteworthy features include a referral‑only client intake model and a compact advisory team that manages substantial assets, a combination that is uncommon among similar supported firms. The firm also maintains a formal business continuity and succession agreement with Focus Partners Wealth, LLC and emphasizes customized fixed‑income implementation alongside institutional‑class passive funds rather than relying solely on retail mutual funds.
Client services
Expertise
Fee options
Flat fee negotiable for accounts over $15 million
$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.85% $2,000,001 - $3,000,000: 0.70% $3,000,001 - $4,000,000: 0.55% $4,000,001 - $5,000,000: 0.40% $5,000,001 - $6,000,000: 0.30% $6,000,001 - $7,000,000: 0.30% $7,000,001 - $8,000,000: 0.30% $8,000,001 - $9,000,000: 0.30% $9,000,001 - $10,000,000: 0.30% $10,000,001 - $11,000,000: 0.20% $11,000,001 - $12,000,000: 0.20% $12,000,001 - $13,000,000: 0.20% $13,000,001 - $14,000,000: 0.20% $14,000,001 - $15,000,000: 0.20%
Fee-only: Flat fees negotiable over $15 million assets
Main office
See office7 Chester Plaza
Chester MD 21619
Advisors at this office
2
Offices (3)
Most active in
California · Colorado · Connecticut · Florida · Maryland · New York · North Carolina · Pennsylvania · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Joseph W
CFA®, Series 66
Chester, MD
Maryland Capital Advisors, Inc.
Joseph Wehr is a CFA® charterholder and holds a Series 66 license with six years of industry experience. He has worked at Maryland Capital Advisors, Inc. since 2024 and previously held roles at Dimensional Fund Advisors, PayPal, and the University of Chicago Booth School of Business. Maryland Capital Advisors provides discretionary and non-discretionary portfolio management and investment advice to individuals, families, retirement plans, corporations, and trusts. The firm employs an investment approach based on Modern Portfolio Theory and factor research, favoring passive funds and ETFs to construct diversified global, multi-asset portfolios.
Michael D
Series 63, Series 65
Winston-Salem, NC
Maryland Capital Advisors, Inc.
Michael Damas is a financial advisor at Maryland Capital Advisors, Inc. with 24 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Maryland Capital Advisors since 2005. Outside of his advisory role, he is a managing member of Chesterplaza, LLC. Maryland Capital Advisors provides portfolio management and investment advice to individuals, families, retirement plans, corporations, and trusts or charitable organizations. The firm uses an investment approach based on Modern Portfolio Theory and factor research, emphasizing passive funds and ETFs to implement diversified, multi-asset portfolios.
Connor C
Series 65
Chester, MD
Maryland Capital Advisors, Inc.
Connor Chapman is a financial advisor at Maryland Capital Advisors, Inc. He holds a Series 65 designation and has been with the firm since 2022. Prior to this, he worked at Harmonic International and studied at Salisbury University. Maryland Capital Advisors provides discretionary and non-discretionary portfolio management and investment advice to individuals, families, retirement plans, corporations, and charitable organizations. The firm utilizes a Modern Portfolio Theory-based approach with a preference for passively managed funds and ETFs, managing substantial assets through a referral-only model and a compact advisory team.
Paul C
Series 63
Greenwich, CT
Maryland Capital Advisors, Inc.
Paul Cucchissi is a financial advisor at Maryland Capital Advisors, Inc. with 18 years of industry experience. He holds a Series 63 designation and has been with Maryland Capital Advisors since 2007. Maryland Capital Advisors provides discretionary and non-discretionary portfolio management and investment advice to individuals, families, retirement plans, corporations, and trusts or charitable organizations. The firm uses an investment approach based on Modern Portfolio Theory and factor research, favoring passively managed funds and ETFs within global, multi-asset allocations.
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