# Maryland Capital Advisors

Maryland Capital Advisors is a Bank / Wealth / Trust based in Chester, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Chester, United States
- **Region:** North America
- **Address:** 7 Chester Plaza, Chester, MD 21619, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** marylandcap.com
- **LinkedIn:** https://www.linkedin.com/company/maryland-capital-advisors-inc

## About

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.

## People

- Mike Damas — Founder and President
- Paul Cucchissi — partner (joined January 2008, per firm website)

## Questions

### Who runs investment decisions at Maryland Capital Advisors?

Founder and President Mike Damas leads investment decisions, drawing on more than 25 years of research, trading and risk management experience. He is supported by Paul Cucchissi, who joined in January 2008 and brings complementary expertise in product structuring and marketing. The firm's Form ADV identifies both as key investment personnel.

### How does Maryland Capital Advisors communicate with clients?

The firm communicates through traditional channels and has publicly warned that it never uses WhatsApp or any social media app for business communications. It also cautions that it will never make investment recommendations via social media, a policy it reiterated after discovering an impersonation scheme targeting financial services firms.

### Does Maryland Capital Advisors have a stated minimum account size or client profile?

The firm does not publish a minimum account size. Its website describes its services as available to select clients, with each client's needs treated as unique. Its Form ADV, which is available on its website, provides further detail on client types.

## Related profiles

- [Maryland Automobile Insurance](https://altss.com/profile/maryland-automobile-insurance)
- [Maryland Electrical Industry Pension Plan](https://altss.com/profile/maryland-electrical-industry-pension-plan)

---

Last updated: 2026-07-06T00:36:03.282Z

Canonical page: https://altss.com/profile/maryland-capital-advisors

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology