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Michael John Damas

Maryland Capital Advisors, Inc.

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About Michael John Damas

Michael John Damas is an investment advisor representative at Maryland Capital Advisors, Inc. Michael has been in the industry since 1988, with prior experience at HSBC Securities, Inc., UBS Securities LLC, and Chase Securities, Inc. Michael is licensed in Maryland and Texas. He holds the Series 7, 8, 24 and 65 licenses, and has experience in portfolio management for individuals and businesses, as well as pension consulting. Michael is a Managing Member of Chesterplaza, LLC.

Firm Information

Michael Damas is currently registered with Maryland Capital Advisors, Inc.. Maryland Capital Advisors, Inc. is an investment advisor headquartered in CHESTER, MD, with a total of 2 Investment Adviser Representatives and 2 Investment Advisory Functions. The firm manages approximately $342,095,626 in assets, primarily for high-net-worth individuals ($317,727,382) and individuals other than high-net-worth ($22,541,627), as well as pension and profit-sharing plans ($1,826,617). They provide portfolio management services for individuals and businesses, as well as pension consulting and selection of other advisors.
Maryland Capital Advisors, Inc.

7 CHESTER PLAZA

CHESTER, MD 21619

$342.10M

Assets Under Management

Not reported

Total Clients

2

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

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pension consulting services

Guidance on pension options to ensure a secure financial future.

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selection of other advisors

Helps you choose top advisors aligned with your financial goals.

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portfolio management for businesses

Custom portfolio management strategies for businesses to achieve long-term growth.

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portfolio management for individuals

Personalized portfolio management to meet individual financial objectives.

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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fixed fees

Set rates for specific services, regardless of time or assets managed.

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percentage of assets

A percentage of the total value of assets under management is charged.

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Michael Damas’s Registration & Firm History

MD

01/18/2017 - Present

Maryland Capital Advisors, Inc. (CHESTER MD)

NY

09/16/1996 - 05/19/1997

HSBC SECURITIES, INC. (NEW YORK CITY NY)

NY

04/26/1991 - 06/07/1996

UBS SECURITIES LLC (NEW YORK NY)

MD

11/23/1988 - 04/10/1991

CHASE SECURITIES, INC. (NEW YORK MD)

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Licenses & Designations

IA

Issued 03/07/2010

Series 65 - Uniform Investment Adviser Law Examination

BC

Issued 01/17/1989

Series 63 - Uniform Securities Agent State Law Examination

BC

Issued 09/26/1996

Series 8 - General Securities Sales Supervisor Examination (Options Module & General Module)

BC

Issued 04/27/1994

Series 24 - General Securities Principal Examination

BC

Issued 11/19/1988

Series 7 - General Securities Representative Examination

State Registrations

Active

Inactive

SRO Registrations

Disclosures

There is public disclosure for Michael John Damas. Review regulatory record here.
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