Founder Ted Charles entered the field of financial services as a life insurance agent with National Life of Vermont. After leading the company in sales, he left to become the Managing Director of Eastern Capital Securities, an international investment-banking firm based in Boston and London. Ted was responsible for directing the fixed-income and insurance divisions. He also spent several years with Life USA prior to founding Investors Capital.

Ted felt compelled to start his own independent Broker/Dealer because he wanted to give investment professionals an opportunity to operate in a truly independent environment, free from product bias. In his own career selling insurance, Ted had approached management with the idea of the fee-based advisory practice, but this concept was rejected.

So, he decided to find a better way. He did so in creating Investors Capital Corporation in 1992.

He brought Tim Murphy on board in 1994, and the rest is history. Together, they formed a premier independent broker/dealer that is among the most innovative and respected firms in the industry.