Maryland Capital Advisors

Maryland Capital Advisors

Mike Damas registered Maryland Capital Advisors as an investment advisor in September 2005, bringing over 25 years of research, trading and risk management experience to the firm. In January 2008 he was joined by former investment banking colleague Paul Cucchissi, who added two decades of product structuring and marketing expertise. The firm operates from a single location in Chester, Maryland, serving a client book of individuals, families and organizations. Maryland Capital Advisors applies a discipline rooted in academic portfolio theory to construct tax- and cost-efficient portfolios for each client. The firm balances capital preservation with growth and explicitly states it is independent and objective, with no ties to product providers that could influence its actions. Its geographic focus is the United States, with all advisory activity run from its Maryland headquarters. The firm is small and deliberately low-profile: it publishes no headcount and does not disclose assets under management. It maintains no additional offices and does not describe any philanthropic vehicles, club memberships, or adjacent operating businesses. Client communication is conducted through traditional channels; the firm publicly warns that it has never used WhatsApp for business communications and will never make investment recommendations via social media. Maryland Capital Advisors stands apart through a structural commitment to independence. The firm publicly asserts it has no affiliation with product providers, a posture that distinguishes it from bank-owned or platform-tethered wealth managers. Its succession and governance arrangements are not disclosed, leaving the practice closely tied to its two named principals.