Investors Capital Corp. Wins Broker/Dealer of the Year
August 29 2013 - 11:45AM
Business Wire
Investors Capital Corporation (ICC), the premier independent
broker/dealer of Investors Capital Holdings, Ltd. (NYSE MKT: ICH),
is proud to announce that it has been voted Broker/Dealer of the
Year for 2013, Division III, by Investment Advisor magazine.
Investors Capital garnered the highest ratings in online surveys
submitted by its financial advisors to win the honor in its
division—broker/dealers between 500 to 999 producing advisors in
size. This is Investors Capital’s fourth Broker/Dealer of the Year
award, its previous wins having occurred in 2000, 2001, and
2011.
Advisors rated their broker/dealers on a scale of 1 (best) to 5
(worst) in 15 different categories, including an overall rating.
The categories included compliance, due diligence, back-office
support, training, marketing support, trading, clearing services,
product list, management, payout, timely payment of commissions,
technology support, communication with the home office, and fee
programs. The broker/dealer that received the highest average
rating from its voting financial advisors won Broker/Dealer of the
Year in its division. Voting took place at thinkadvisor.com from
June 1, 2013 through July 1, 2013. This is Investment Advisor
magazine’s twenty-third year conducting the awards.
Investors Capital Corporation is the industry’s sole publicly
traded independent broker/dealer beneficially owned predominantly
by its advisors, clients, and home office staff. The firm has a
strong, growing nationwide network of financial advisors with an
average annual production of nearly $200,000 in gross dealer
concessions (GDC) — the highest level since the firm was founded in
1992. Investors Capital recorded its highest first quarter revenue
results in firm history in fiscal year 2013.
“Being voted broker/dealer of the year is very special to
everyone here in our home office, and we’d like to thank our
wonderful advisors for taking time out of their busy days to cast
the votes that propelled us to victory,” said Tim Murphy, President
and CEO of Investors Capital Corporation. “Winning this prestigious
award is another example of what makes Investors Capital the ideal
destination for financial advisors seeking to receive 5-Star
Service every day, receive real practice management assistance
proven to generate revenue, control their own destinies, and
experience what true independence is really like.”
For more information on Broker/Dealer of the Year, visit
www.thinkadvisor.com.
About Investors Capital Holdings, Ltd.:
Investors Capital Holdings, Ltd. (NYSE MKT: ICH) of Lynnfield,
Massachusetts is a diversified financial services holding company
that operates primarily through its independent broker/dealer and
investment advisor subsidiary, Investors Capital Corporation (ICC).
Our mission is to provide premier, 5-Star Service and support to
our valued registered representatives, including customizable
advisory programs, proven practice management and marketing
services, and time-saving technology to help them grow their
businesses and exceed their clients’ expectations. Business units
include Investors Capital Corporation, ICC Insurance Agency, Inc.,
Investors Capital Holdings Securities Corporation, and Advisor
Direct, Inc. For more information, please call (800) 949-1422 x4814
or visit www.investorscapital.com.
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