Investors Capital Corporation Chooses Investigo® Practice Management System for its Broker/Dealer Network

Data consolidation and reporting platform a key strategy for helping reps serve clients better

MINNEAPOLIS, Jan. 23, 2005—Investigo—provider of the financial services industry’s fastest-selling practice management system—announced today that Investors Capital Corporation, the independent broker-dealer of Investors Capital Holdings (AMEX: ICH) has signed an agreement to offer Investigo’s web-based data consolidation and reporting software to its broker-dealer network of 750 representatives.

According to Investors Capital President Tim Murphy, "We found that Investigo was the best fit for us. We were originally looking for data aggregation, but we found that Investigo not only provides a single point of entry for consolidating and streamlining office functions, but also offers an enterprise solution with the broadest range of core practice management functionality available in one system at a significantly lower price."

For reps, that translates into reduced costs because Investigo eliminates the need to purchase and maintain multiple systems. The system also automatically updates, consolidates and reconciles client data, and provides a single portal for asset tracking, client management and regulatory compliance—streamlining practice management and enabling better client service.

Investigo CEO Tom Rozman said, "In addition to saving reps money, the hub of Investigo’s platform—a powerful data warehouse—saves reps time by providing clean, accurate data, freeing advisors from the burden of manually validating data."

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