5-Star Service, Real People, Warm Culture Were Main Factors in Advisor's Choice of B/D.
Largest Producer to Join Firm in 19-Year History.
LYNNFIELD, Mass., Sept. 19, 2011 (GLOBE NEWSWIRE) -- Investors Capital Corporation (ICC), the premier independent broker/dealer of Investors Capital Holdings, Ltd. (NYSE Amex:ICH), is proud to announce that financial advisor Ron Purvines has joined the firm. Mr. Purvines, previously affiliated with a west coast independent broker/dealer, chose Investors Capital based on the 5-star service the firm provides to its advisors every day, its warm culture, and its dedicated home office staff. With $1.7 million in annual production and approximately $200 million in assets under management, Mr. Purvines is the single largest producer to ever join Investors Capital, which has approximately 525 advisors averaging $161,642 in annual GDC.
"Ron's professional reputation and track record of success made him a highly sought after advisor, and I am pleased that he selected us," said Doug Wallace, West Coast Director of Branch Development for Investors Capital. "Our shared commitment to delivering the highest levels of service and competitive spirit will continue to benefit both parties for a long time to come."
"Mr. Purvines met with a number of our competitors, but, in the end, we won based on the human factor; and that's what was most important to him," said Robert Foney, Investors Capital's Chief Marketing Officer. "He said he chose us because we were real people who gave him a good 'gut' feeling inside whom he felt he could trust with his business. That's Investors Capital in a nutshell."
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 Corporation (ICC). 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 Corporation, ICC Insurance Agency, Inc., and Investors Capital Holdings Securities Corporation. For more information, please call (800) 949-1422 x4814 or visit www.investorscapital.com.