Investors Capital Holdings Reviews

2.1
4 Reviews
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Investors Capital Holdings President, CEO, and Director Tim Murphy
Tim Murphy
0 Ratings
  • Financial advisor and an indepent contractor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Freelancer - Financial Advisor in New York, NY
    Current Freelancer - Financial Advisor in New York, NY

    I have been working at Investors Capital Holdings (more than 8 years)

    Pros

    Great home office support, technology platforms and no proprietary product pressure. High payouts for individual branches that pay their own expenses. Part of the second largest independent broker channel under the RSC Capital (RCAP) family of companies which includes a nationwide independent financial advice network, a wholesale distribution division and investment research, technology, investment banking and capital markets businesses.

    Cons

    No affordable healthcare benefits and very high ($3,700/year) required E & O insurance.

    Recommends
    Positive Outlook

Investors Capital Holdings Interviews

Interview Experience

Interview Experience

50%
25%
25%

Getting an Interview

Getting an Interview

50%
31%
18%

Interview Difficulty

2.2
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Sales/Trading Interview

    Anonymous Employee in New York, NY
    Anonymous Employee in New York, NY
    Application Details

    I applied in-person. The process took a dayinterviewed at Investors Capital Holdings in July 2014.

    Interview Details

    Was not was I believed it to be. A glorified pyramid scheme in a small office. Did not ask any aptitude questions. Explained their pitch as cold calling for them until I was licensed.

    Interview Questions
    Reasons for Declining

    Did not align with my career path to begin cold calling clients for them.

    Declined Offer
    Negative Experience
    Easy Interview

Investors Capital Holdings Awards & Accolades

Something missing? Add an award
Broker Dealer of the Year, Investment Advisor Magazine, 2011

Additional Info

Unlock Profile
Website www.investorscapital.com
Headquarters Lynnfield, MA
Size 50 to 149 Employees
Founded Unknown
Type Company - Public (ICH)
Industry Finance
Revenue $5 to $10 million (USD) per year

The name pretty much says it all. Investors Capital Holdings offers brokerage and investment advisory services to clients across the US through more than 500 registered independent advisors. The company provides marketing, technology, and compliance support, as well as approved investment products to its representatives, in exchange for a negotiated percentage of commissions. Its Investors Capital Corporation (ICC) broker-dealer subsidiary provides securities trading, research, online brokerage, and other services. Subsidiary ICC Insurance Agency sells variable life... More

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