LYNNFIELD, Mass., Dec. 2, 2011 (GLOBE NEWSWIRE) -- Investors Capital Holdings, Ltd. (NYSE Amex:ICH), a financial services holding company ("ICH" or the "Company"), has elected Don E. Ingram of Winter Haven, Florida to its Board of Directors in meetings held at the Company's headquarters in Lynnfield, Mass.
Mr. Ingram was one of eight persons elected at the Company's annual meeting of stockholders to hold office as a director of the Company. He is a registered representative of Investors Capital Corp. (ICC), the independent broker/dealer and investment advisor subsidiary of the Company. As a director, he is elected for a term of one year at each annual meeting of the stockholders.
Mr. Ingram, age 57, is the founder and President of Ingram Financial Group, founded in 1977, and Ingram Advisory Services located in Winter Haven, Florida. Mr. Ingram has been affiliated with ICC as a registered representative since 1997 and has been the firm's top producing representative for the past two years. He is a Registered Investment Advisor with the SEC (Securities and Exchange Commission) and a Financial Advisor registered with FINRA (the Financial Regulatory Authority), and maintains Series 7, 24, 63 and 65 securities licenses as well as Life, Health and Variable Annuity Licenses.
Don also holds credentials as a CFP (Certified Financial Planner), an AEP (Accredited Estate Planner), a CAP (Chartered Advisor in Philanthropy), a ChFC (Chartered Financial Consultant) and a CLU (Certified Life Underwriter). He also holds an MSFS (Master of Science in Financial Services). Mr. Ingram's extensive financial background imparts the ability to understand the investment, tax, and estate planning needs of the affluent investor.
Mr. Ingram currently is Vice Chairman of the Board of University of Florida Proton Therapy Institute External Advisors and serves on the Board of Trustees for Winter Haven Hospital, the Platinum Bank Board of Polk County, and the Board of the University of Florida Prostate Disease Center. He is the Past Chairman of the Winter Haven Hospital Foundation, has served on Boards for Florida State University, Polk State College, and All Saints Academy, and was an organizing director of Commerce Bank. He is a former Commodore of the Lake Region Yacht & Country Club.
Mr. Ingram's many years of affiliation with ICC have resulted in a deep understanding of the history, culture, policies and procedures, resources, and potential of ICC and its independent representatives. He consistently demonstrates his impressive business acumen in the independent broker-dealer/investment advisory space by effectively managing a sophisticated financial services business for high-net-worth clients for decades.
Recognizing the ability of Mr. Ingram to provide unique insights into the issues that confront ICC in today's challenging business environment, in 2008, Investors Capital instituted its Advisory Council, comprised of some of its most successful and senior independent representatives. Mr. Ingram has been giving distinguished service as Chairman of the Advisory Council since its inception. He recently stepped down from that role to assume his position on the board.
"Mr. Ingram is a distinguished representative of Investors Capital Corporation with decades of achievement in the industry," said Timothy B. Murphy, President and CEO of Investors Capital Holdings, Ltd. "I believe that he will provide the board with valuable insights into our operations and suggestions for their improvement."
Mr. Ingram may be reached at (863) 326-9833 or don@ingramfinancialgroup.com. Ingram Financial Group has offices in the following Florida locations: Lakeland, Orlando, Winter Garden, and Winter Haven. For more information, visit www.ingramfinancialgroup.com.
About Investors Capital Holdings, Ltd.:
Investors Capital Holdings, Ltd. (NYSE Amex: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 Corp. Our mission is to provide premier, 5-star service and support to our valued registered representatives, including advisory programs, strategic practice management and marketing services, and focused technology, to help them grow their businesses and exceed their clients' expectations. Business units include Investors Capital Corp., ICC Insurance Agency, Inc., and Investors Capital Holdings Securities Corporation. For more information, please call (800) 949-1422 x4814 or visit www.investorscapital.com.