{
  "crd_number": 134875,
  "slug": "maryland-capital-advisors-inc-chester-md-134875",
  "primary_business_name": "MARYLAND CAPITAL ADVISORS, INC.",
  "legal_name": "MARYLAND CAPITAL ADVISORS, INC.",
  "dbas": [],
  "city": "Chester",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2007-12-06",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-03-02",
  "carried_forward": false,
  "raum_total": 490763859.0,
  "raum_discretionary": 485818512.0,
  "raum_non_discretionary": 4945347.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 30948406.0,
      "count": 83
    },
    "pension_profit_sharing": {
      "raum": 3217553.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 456597900.0,
      "count": 107
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "CT",
    "FL",
    "MD",
    "NC",
    "NY",
    "PA",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/MARYLAND-CAPITAL-ADVISORS-INC",
    "https://marylandcap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134875",
  "city_as_filed": "CHESTER",
  "url": "https://advisorcensus.com/firm/maryland-capital-advisors-inc-chester-md-134875",
  "display_name": "Maryland Capital Advisors, Inc.",
  "summary": "Maryland Capital Advisors, Inc. is an SEC-registered investment advisory firm in Chester, MD, registered since 2007, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.",
  "citation": "AdvisorCensus. Maryland Capital Advisors, Inc. (CRD 134875): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Maryland Capital Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Maryland Capital Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Maryland Capital Advisors, Inc. located?",
      "a": "Maryland Capital Advisors, Inc.'s principal office is in Chester, MD, according to its Form ADV."
    },
    {
      "q": "Is Maryland Capital Advisors, Inc. registered with the SEC or a state?",
      "a": "Maryland Capital Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 134875."
    },
    {
      "q": "How much does Maryland Capital Advisors, Inc. manage?",
      "a": "Maryland Capital Advisors, Inc. reports $490,763,859 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (99% discretionary)."
    },
    {
      "q": "How have Maryland Capital Advisors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Maryland Capital Advisors, Inc.: Regulatory assets under management: $273,164,868 in the October 2021 data and $490,763,859 in the October 2026 data, up 80%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Maryland Capital Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (107); individuals (other than high net worth individuals) (83)."
    },
    {
      "q": "Which custodians does Maryland Capital Advisors, Inc. use?",
      "a": "Maryland Capital Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Maryland Capital Advisors, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/134875"
    },
    {
      "q": "What changed in Maryland Capital Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $428,562,226 to $490,763,859 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 273164868.0,
      "total_employees": 5,
      "filing_date": "2021-03-08"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 310028393.0,
      "total_employees": 5,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 301275282.0,
      "total_employees": 6,
      "filing_date": "2023-03-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 342095626.0,
      "total_employees": 6,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 428562226.0,
      "total_employees": 7,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 490763859.0,
      "total_employees": 7,
      "filing_date": "2026-03-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $428,562,226 to $490,763,859 (+15%)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in PA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/maryland-capital-advisors-inc-chester-md-134875.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 83,
      "fewer_than_5": false,
      "raum": 30948406.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 107,
      "fewer_than_5": false,
      "raum": 456597900.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3217553.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134875",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}