Company Info

About Investors Capital Corporation

Founded in 1992 by entrepreneurs for entrepreneurs, Investors Capital Corporation (ICC) is the dually-registered, premier independent broker dealer of publicly-traded Investors Capital Holdings, Ltd. (AMEX: ICH). ICC is a full-service firm that, today, supports the ongoing needs of practically any type of business model: independent registered representative, independent registered investment advisor, or OSJ.

Investors Capital Corporation partners with nearly 700 registered representatives nationwide. We take great pride in providing them with the concierge-level service, superior back-office support, full financial planning and brokerage capabilities, practice management and marketing expertise, powerful technology, superb advisory platform, and complete range of financial products and services they need to achieve true independence and help them exceed the expectations of their clients.


History

Founder and Chairman 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 advisors 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.

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


Fast Facts

Name Investors Capital Corporation (ICC)
The premier independent broker/dealer of publicly traded Investors Capital Holdings (stock symbol listing AMEX: ICH)
Services ICC is a full-service independent broker/dealer, providing trading, operations, legal, compliance, marketing, practice management, advisory, and technological capabilities and support to registered representatives nationwide.
Founded 1992
Headquarters 230 Broadway
Lynnfield, MA 01940

800-949-1422
Home Office Staff Approximately 100
Rep Force Nearly 700 Registered Representatives
Over 400 Branch Offices
Presence Conducts business in all 50 states, Puerto Rico, and the District of Columbia
Clearing Pershing, LLC
Annual Revenues $90,985,150 (FY 2008)
Assets Under Management Approximately $8 Billion (FY 2008)
Advisory Assets Over $840 million Assets Under Management (FY 2008)
Founders & Principals Theodore E. Charles (since 1992)
Chairman, Investors Capital Holdings

Timothy B. Murphy (since 1992)
CEO & President, Investors Capital Corporation
CEO & President, Investors Capital Holdings
Web Address www.investorscapital.com
Industry Awards 2-time Investment Advisor magazine Independent Broker Dealer of the Year (2000, 2001)

View our most recent annual report. (For PDF version click here.)

If you are interested in joining our independent broker dealer, please contact our Recruiting department at 877-903-5439 or please complete our short online form, and we will contact you.