# Maryland Capital Advisors, Inc.

> 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.

- CRD: 134875
- Filed as: MARYLAND CAPITAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chester, MD
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134875
- AdvisorCensus page: https://advisorcensus.com/firm/maryland-capital-advisors-inc-chester-md-134875

## Quick answers

**How is Maryland Capital Advisors, Inc. compensated?**
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).

**Where is Maryland Capital Advisors, Inc. located?**
Maryland Capital Advisors, Inc.'s principal office is in Chester, MD, according to its Form ADV.

**Is Maryland Capital Advisors, Inc. registered with the SEC or a state?**
Maryland Capital Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 134875.

**How much does Maryland Capital Advisors, Inc. manage?**
Maryland Capital Advisors, Inc. reports $490,763,859 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (99% discretionary).

**How have Maryland Capital Advisors, Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Maryland Capital Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (107); individuals (other than high net worth individuals) (83).

**Which custodians does Maryland Capital Advisors, Inc. use?**
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.

**Does Maryland Capital Advisors, Inc. report any disciplinary disclosures?**
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

**What changed in Maryland Capital Advisors, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $428,562,226 to $490,763,859 (+15%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $490,763,859
- Discretionary: $485,818,512
- Non-discretionary: $4,945,347

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 83 | $30,948,406 |
| High net worth individuals | 107 | $456,597,900 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $3,217,553 |

### Advisory services (Item 5.G)
- 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)

### Firm details
- Registered since: 2007 (18 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, CT, FL, MD, NC, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- marylandcap.com
- LinkedIn @MARYLAND-CAPITAL-ADVISORS-INC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $273,164,868 | 5 | March 8, 2021 |
| October 2022 | $310,028,393 | 5 | March 22, 2022 |
| October 2023 | $301,275,282 | 6 | March 20, 2023 |
| October 2024 | $342,095,626 | 6 | March 22, 2024 |
| October 2025 | $428,562,226 | 7 | March 19, 2025 |
| October 2026 | $490,763,859 | 7 | March 2, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $428,562,226 to $490,763,859 (+15%).

### February 2026
- Registered or notice-filed in PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Maryland Capital Advisors, Inc. (CRD 134875): Form ADV filing data as of October 2026.