Code of Ethics
Maryland Capital Management (MCM) has adopted a Code of Ethics in accordance with rule 204A-1 of the Investment Advisors Act of 1940. MCM has adopted this Code for all supervised persons to promote the highest standard of ethical conduct among our employees and a culture of compliance. The Code sets forth our standards of business conduct as a fiduciary and specifically requires that employees comply with Federal Securities Laws.
*Investing in securities involves risk of loss that clients should be prepared to bear. The various types of securities that MCM purchases on behalf of clients (common stocks, preferred stocks, municipal bonds, corporate bonds, government bonds, exchange traded funds (ETFs), Master Limited Partnerships (MLPs), Real Estate Investment Trusts (REITs), mutual funds (including money market funds)), carry some degree of market risk. Any security has the ability to decline in value.
*No information contained here is a recommendation to buy or sell a security or is any form of investment advice.
⁺Total Entity Assets include both Assets Under Management and Assets Under Advisement.
The Chartered Financial Analyst (CFA®) Designation: The Chartered Financial Analyst (CFA) charter is a globally respected, graduate-level investment credential established in 1962 and awarded by CFA Institute — the largest global association of investment professionals. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
The Certified Financial Planner™ (CFP®) Designation: The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®️, CERTIFIED FINANCIAL PLANNER™️, and CFP®️ (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.