Investors Capital Advisory (ICA), the registered investment advisor (RIA) division of Investors Capital Corporation (ICC), a subsidiary of Investors Capital Holdings, Ltd. (NYSE Amex: ICH), has launched AMAP-FT: a new, advisor-directed program featuring the potential for lower fees and equity ticket charges. AMAP-FT simplifies the fee structure and provides more transparency, making it easier for clients, as well as advisors, to understand what they are paying for.
“Cost has become a bigger issue with clients,” said Kenneth H. Aulbach, Managing Director of Sales and Marketing for Investors Capital Corporation. “They wanted an easier, simpler structure, and AMAP-FT provides them with that.”
The AMAP-FT can offer a lower cost profile by eliminating standard charges like the platform fee and miscellaneous fees such as the IRA fee. AMAP-FT is totally advisor-directed: ICC representatives control what goes into the client portfolio, when it is rebalanced, and when it is reallocated. Clients are subject to an additional $250 annual fee.
“By lowering the fees on our existing programs and creating new low-cost, no-cost solutions, we not only continue to attract many Investors Capital representatives to the advisory side of the business, from a recruiting standpoint, we continue to attract new advisors to the firm,” Aulbach adds.Incorporated in 1995, Investors Capital Corporation provides its investment advisor representatives with a wide array of customizable advisory programs that help them solve complex client problems and allow them to focus on the most important aspect of a successful practice—the client relationship. Investors Capital Advisory Services has in excess of $1 billion in assets under management. 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 registered investment advisor subsidiary, Investors Capital Corporation. Our mission is to provide five-star service and support to our valued registered representatives, including advisory programs, strategic practice management and marketing services, and 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.