Kathleen L. Donnelly

Investors Capital Holdings Ltd. is a financial services holding company that operates primarily through its wholly-owned subsidiary, Investors Capital Corp. The company operates through two segments: Broker-dealer Services and Investment Advisory Services. The Broker-dealer Services segment includes corporate stocks and bonds, United States Government securities, municipal bonds, mutual funds, variable annuities, alternative investments and variable life insurance, including provision of market information, internet trading and portfolio tracking facilities and records management. The Investment Advisory Services segment includes asset management, conducting business as investor's capital advisory services. Investors Capital Holdings was founded by Timothy B. Murphy in July 1995 and is headquartered in Lynnfield, MA.

Founded in 1992, Investors Capital Corp. is an independent SEC-registered broker/dealer headquartered in Lynnfield, Massachusetts. The firm is a subsidiary of Investors Capital Holdings Ltd. They provide a full array of trading and execution services for their clients. The firm does not provide any internal research. Investors Capital Corp. is a member FINRA, NASD and SIPC.

Baybank Corp. operates as a bank holding company. It offers business loans, health savings account, ACH origination, auto and consumer loans, instant debit cards, commercial banking, and savings account. The company was founded in 1912 and is headquartered in Gladstone, MI.

Shatswell MacLeod & Co. PC provides accounting services. The private company is based in West Peabody, MA.

UHY LLP provides accounting services. Its services include tax, audit and assurance, consulting, and advisory. The company is headquartered in New York, NY.