Investors Capital Advisory Adds Wellesley Convertible Bond Specialist Greg Miller To Investment Policy Committee

• Press Release
• Source: Investors Capital Advisory Services
• On 9:54 am EDT, Friday October 30, 2009

LYNNFIELD, Mass.--(BUSINESS WIRE)--Investors Capital Advisory Services (ICA), the registered investment advisor of Investors Capital Corporation, is pleased to announce the addition of Mr. Greg Miller to its Investment Committee. Investors Capital Corporation is the premier independent broker/dealer subsidiary of Investors Capital Holdings, Ltd. (NYSE Amex: ICH).

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Mr. Miller is the Chief Executive Officer and Chief Investment Officer of Wellesley Investment Advisors, Inc. an investment advisory firm based in Wellesley, Mass. Wellesley Investment Advisors is a nationally recognized provider of investment advisory services specializing in convertible bonds and principal protected products. Mr. Miller has directed the limited Risk Investing philosophy of Wellesley Investment Advisors for over 15 years with the primary goal of principal protection combined with investment growth. Mr. Miller formed Wellesley Investment Advisors in response to increased demand for investment advice from clients.

Mr. Miller began his career with PricewaterhouseCoopers, an international accounting and consulting firm. Prior to that, Mr. Miller graduated from Boston University with a B.S. degree in Business Administration and later earned a Master’s Degree in Finance with High Distinction from Babson College. Mr. Miller is a frequent contributor to numerous publications including Institutional Investor, the Wall Street Transcript, Investment Advisor Magazine, the National Association of Active Investment Managers, Forbes.com and Business Week.

"Having Greg join our Investment Committee provides our advisors with the opportunity to work with an experienced limited risk investor who is a specialist in convertible bonds,” said Kenneth Aulbach, Investment Committee Chairperson and President of Investors Capital Advisory Services. "His addition to the committee is another testament to the high quality of our in-house advisory programs."

The purpose of the ICA Investment Committee, which meets quarterly, is to direct investment policy decisions as they relate to the ICA proprietary investment models, exchange traded fund (ETF) list, and firm recommended mutual fund list. As a member of the investment committee, Mr. Miller will be responsible for providing recommendations regarding fixed income and limited risk investment opportunities.

About Investors Capital Advisory Services:

Investors Capital Advisory Services (ICA) is the SEC-registered investment advisor of Investors Capital Corporation (ICC), the independent broker/dealer subsidiary of Investors Capital Holdings (NYSE Amex: ICH), located in Lynnfield, Massachusetts. ICA partners with approximately 425 ICC registered representatives nationwide to provide them with the advisory services, support, and technology they need to meet their clients` needs and exceed their expectations.

Investors Capital Advisory Services
Robert Foney, 781-477-4814
Chief Marketing Officer
rfoney@investorscapital.com