Products & Services — Pershing Platform

For the past 14 years, Investors Capital has partnered with Pershing LLC for brokerage execution and clearance to offer vast resources and many competitive advantages that foster mutual success.

Pershing Quick Facts

• Subsidiary of the Bank of New York Company, with an equity capital of $9.3 billion and total assets of $96.5 billion. Pershing also holds client assets in custody worth over $700 billion as of December 31, 2005.
• Has been providing execution, clearing and custody services since 1939.
• Strong presence on the New York Stock Exchange®, the American Stock Exchange®, and other major exchanges worldwide, Pershing offers industry presence and a reputation for unquestioned reliability and integrity.
• 1,100 independent broker dealers, regional firms and banks, representing over 6 million individual investors, utilize Pershing’s execution, clearing, custody and product services.
• Staff of more than 4,400 experienced employees with US offices in Baltimore, Boston, Charlotte, Chicago, Los Angeles, San Francisco, and Scottsdale.
• Pershing Account Statement – ranked as the #1 statement by DALBAR Inc.(1) which provides a concise, comprehensive synopsis of their investments and displays attractive graphics to illustrate account holdings.
• Offers online access through NetExchange Pro Client.

General securities transactions executed with Investors Capital Corporation are cleared through Pershing LLC, a BNY Securities Group Company and subsidiary of The Bank of New York, member NYSE/NASD and SIPC. Accounts are protected for the net equity of securities positions and cash in the account. Of that total, the Securities Investor Protection Corporation (SIPC) provides $500,000 of net equity protection, including $100,000 for claims for cash awaiting reinvestment (SIPC protection).

Pershing provides the additional protection (Excess SIPC) on terms similar to SIPC for account net equity in excess of $500,000 through a commercial insurer. Visit www.sipc.org for more information about SIPC.

Account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.

Investors Capital does not provide tax or legal advice. Be sure to consult with your own tax and legal advisors before taking any action that would have tax consequences.

DALBAR is a leading market research firm that develops standards for financial communications and their communications seal is a mark of distinction awarded to firms that do an excellent job serving investors’ needs through written and electronic information.