DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Maryland Capital Management, LLC

Former SEC-registered adviserTowson, MarylandCRD 133329SEC 801-63649IAPD
Latest filing Oct 21, 2022
First filing on the tape Feb 15, 2012 · 46 filings
RAUM
$2.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$2.3B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
21
14 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$2.5B as of Mar 16, 2022
Mar 9, 2012$597M then
HNW client RAUM$2.3B as of Mar 16, 2022
Mar 23, 2018$958M then
State-registered IARs (5.B.3)14 as of Mar 16, 2022
Mar 15, 20130 then
Employees (5.A)21 as of Mar 16, 2022
Mar 15, 201311 then
Private funds: no history
RAUM +26% over the last fiscal year+33% a year over threeIARs 12 to 14
Practice profile
derived from the filing of Oct 21, 2022; every figure names its basis
RAUM per advisor
$175MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$915,702derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
7.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+26%derivedbetween the last two annual amendments
Advisor growth, one year
+17%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$626M, 349 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.3B95%
  • Corporations and businesses$48.4M2.0%
  • Charitable organizations$36.4M1.5%
  • Pension and profit-sharing plans$28.9M1.2%
  • Other investment advisers$10.9M0.4%
  • State and municipal entities$602,0060.0%
Individual clients
n/areported
HNW clients
1,075reported
Pension plan clients
8reported
Charitable clients
6reported
Accounts
2,679reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$626M for 349 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Fleming John Blair · Principalcontrol
      since 11/2004 · owns 50% to 75%
    • Glen Gregory Heard · Principalcontrol
      since 11/2004 · owns 25% to 50%
    • Larkin Jeffrey Caples · Principal
      since 01/2020 · owns 10% to 25%
    • Beth Lenee Dirzuweit · Chief Compliance Officer
      since 04/2020 · owns less than 5%
    • N. Nicholas Petrelli · Principal
      since 01/2021 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Bonita Springs, FL2 employees
    What changed
    consecutive filings, newest first
    • HQ city · BALTIMORE to TOWSON
      Mar 16, 2022 to Jul 5, 2022
    • Accounts · 2,230 to 2,679
      Nov 17, 2021 to Mar 16, 2022
    • Advisory employees · 12 to 14
      Nov 17, 2021 to Mar 16, 2022
    • Corporate clients · 17 to 16
      Nov 17, 2021 to Mar 16, 2022
    • HNW clients · 907 to 1,075
      Nov 17, 2021 to Mar 16, 2022
    • Assets in custody · $861M to $626M
      Nov 17, 2021 to Mar 16, 2022
    • Employees · 19 to 21
      Nov 17, 2021 to Mar 16, 2022
    • State-registered IARs · 12 to 14
      Nov 17, 2021 to Mar 16, 2022
    • Discretionary RAUM · $1.9B to $2.4B
      Nov 17, 2021 to Mar 16, 2022
    • HNW RAUM · $1.8B to $2.3B
      Nov 17, 2021 to Mar 16, 2022
    • Non-discretionary RAUM · $5.4M to $6.9M
      Nov 17, 2021 to Mar 16, 2022
    • Pension RAUM · $25.8M to $28.9M
      Nov 17, 2021 to Mar 16, 2022
    • RAUM · $1.9B to $2.5B
      Nov 17, 2021 to Mar 16, 2022
    • Assets in custody · $7.8M to $861M
      Apr 23, 2021 to Jul 27, 2021
    • Accounts · 1,788 to 2,230
      Jan 19, 2021 to Mar 12, 2021
    • Advisory employees · 10 to 12
      Jan 19, 2021 to Mar 12, 2021
    • Charity clients · 8 to 6
      Jan 19, 2021 to Mar 12, 2021
    • Corporate clients · 28 to 17
      Jan 19, 2021 to Mar 12, 2021
    • HNW clients · 715 to 907
      Jan 19, 2021 to Mar 12, 2021
    • Pension plan clients · 11 to 8
      Jan 19, 2021 to Mar 12, 2021
    • Assets in custody · $0 to $7.8M
      Jan 19, 2021 to Mar 12, 2021
    • Employees · 18 to 19
      Jan 19, 2021 to Mar 12, 2021
    • State-registered IARs · 10 to 12
      Jan 19, 2021 to Mar 12, 2021
    • Discretionary RAUM · $1.4B to $1.9B
      Jan 19, 2021 to Mar 12, 2021
    • HNW RAUM · $1.3B to $1.8B
      Jan 19, 2021 to Mar 12, 2021
    • Non-discretionary RAUM · $10.2M to $5.4M
      Jan 19, 2021 to Mar 12, 2021
    • Pension RAUM · $26.2M to $25.8M
      Jan 19, 2021 to Mar 12, 2021
    • RAUM · $1.4B to $1.9B
      Jan 19, 2021 to Mar 12, 2021
    • Employees · 14 to 18
      Jul 22, 2020 to Jul 22, 2020
    • Accounts · 1,602 to 1,788
      Mar 2, 2020 to Mar 27, 2020
    • Charity clients · 10 to 8
      Mar 2, 2020 to Mar 27, 2020
    • Corporate clients · 9 to 28
      Mar 2, 2020 to Mar 27, 2020
    • HNW clients · 664 to 715
      Mar 2, 2020 to Mar 27, 2020
    • Pension plan clients · 7 to 11
      Mar 2, 2020 to Mar 27, 2020
    • Assets in custody · $500M to $0
      Mar 2, 2020 to Mar 27, 2020
    • Employees · 13 to 14
      Mar 2, 2020 to Mar 27, 2020
    • Discretionary RAUM · $1.0B to $1.4B
      Mar 2, 2020 to Mar 27, 2020
    • HNW RAUM · $973M to $1.3B
      Mar 2, 2020 to Mar 27, 2020
    • Non-discretionary RAUM · $9.0M to $10.2M
      Mar 2, 2020 to Mar 27, 2020
    • Pension RAUM · $20.7M to $26.2M
      Mar 2, 2020 to Mar 27, 2020
    Signals
    22 dated events
    • Marie Catherine David left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-10)
      Mar 3, 2023 · Advisor changed firm · fact
    • Alexander Lyons Faber left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Douglas Robert Mcclean left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-10)
      Mar 3, 2023 · Advisor changed firm · fact
    • Jeffrey Larkin Caples left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • John Fleming Blair left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Andrew Nicholson Riehl left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-18)
      Mar 3, 2023 · Advisor changed firm · fact
    • Olive W Mitchell left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Lenee B Dirzuweit left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-11)
      Mar 3, 2023 · Advisor changed firm · fact
    • Andrew T Chudy left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2025-01-01)
      Mar 3, 2023 · Advisor changed firm · fact
    • Darin Andrew Morgan left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • James Gerard Guidera left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Brendan Patrick Sweeney left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-10)
      Mar 3, 2023 · Advisor changed firm · fact
    • Frederick Abels Allner left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • James Peter Gauthier left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Gregory Glen Heard left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Nicholas N. Petrelli left Maryland Capital Management, Llc for Cerity Partners Llc (registered 2023-01-03)
      Mar 3, 2023 · Advisor changed firm · fact
    • Maryland Capital Management, LLC's advisors moved to Cerity Partners LLC (Towson, MD): 14 of 16 registered, on the same day
      Mar 3, 2023 · Firm absorbed (people side) · derived
    • Maryland Capital Management, Llc reported RAUM $2.5B, up 26% from $1.9B (2021-11-17 to 2022-03-16)
      Mar 16, 2022 · RAUM change · derived
    • Maryland Capital Management, Llc reported RAUM $1.9B, up 41% from $1.4B (2021-01-19 to 2021-03-12)
      Mar 12, 2021 · RAUM change · derived
    • Maryland Capital Management, Llc reported RAUM $1.4B, up 32% from $1.0B (2020-03-02 to 2020-03-27)
      Mar 27, 2020 · RAUM change · derived
    • Maryland Capital Management, Llc reported 10 state-registered advisory representatives, up from 0 (2018-09-24 to 2019-03-25)
      Mar 25, 2019 · Advisor headcount change · derived
    • Abels Frederick Allner (Principal) no longer on Schedule A of Maryland Capital Management, Llc (listed 2018-09-24, absent 2019-03-25)
      Mar 25, 2019 · Control person left · inference
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026