Investors Cap at $1 Bil AUM; To Host First Women's Confab

With $1 billion in assets, the firm's 551 advisors now average about $1.8 million in AUM.

The increase in advisory assets and margins includes contributions from the in-house separate account program (S-MAP) as well as the newly created Fund Select program, according to Investors Cap.

"The two main factors responsible for the success of our advisory programs are cost and performance," said Kenneth H. Aulbach, ICA investment committee chairperson and managing director, sales and marketing for Investors Capital Corporation, in a press release. "By lowering the fees on our existing programs, creating new low-cost and no-cost programs, and managing our assets well, we attract many existing and new Investors Capital representatives to ICA."

Next week, Investors Capital will host its first annual women's conference at the Langham Hotel in Boston. The May 17-18 conference will incorporate seminars and networking opportunities designed to empower Investors Capital's female advisors.

"Investors Capital believes in supporting and encouraging our women advisors," said Allison Charles, director of practice management.