Our Management Team

Timothy B. Murphy

President and CEO

Tim Murphy is President and CEO and chair of the executive committee for Investors Capital where he has overall leadership responsibility for the firm. Mr. Murphy has served as a director of the Company since 1995. Mr. Murphy served as its executive vice president from 1995 until his promotion to CEO in 2008, and he served as treasurer and chief financial officer from 1995 until 2009. He also has been president of ICC since 1995.

Mr. Murphy entered the securities industry in 1991 as an operations manager for Clayton Securities. He is currently a member of the board of directors of the Financial Services Institute. Mr. Murphy holds various securities licenses including Series 6, 7, 24, 27, 53, 63 and 65.

John G. Cataldo, Esq.

Chief Compliance Officer

John Cataldo is the Chief Compliance Officer and Counsel and a member of the Executive Committee for Investors Capital. Mr. Cataldo directs the Firm’s compliance and licensing operations, including field force supervision, regulatory relations, branch examinations, Firm and agent licensing, and supervisory processes. Mr. Cataldo joined the Firm in March 2009 and holds Series 7, 79 and 24 licenses. Mr. Cataldo was formerly a member of the securities practice group at a major international law firm and an enforcement counsel in the Securities Division of the Office of the Secretary of the Commonwealth of Massachusetts. Mr. Cataldo has drafted several articles on securities law topics and actively participates in roundtables and conferences conducted by the Financial Services Institute, National Society of Compliance Professionals and North American Securities Administrators Association. He has drafted questions for the Series 63, 65 and 66 examinations. Mr. Cataldo is frequently quoted on securities law topics, including industry trends, examinations, and enforcement actions.

Kathleen L. Donnelly, C.P.A.

Chief Financial Officer

Kathy Donnelly is the Chief Financial Officer and a member the Executive Committee for Investors Capital where she oversees all financial activity of the firm, including accounting and commissions, financial reporting, implementation of internal controls, as well as strategic planning. Ms. Donnelly joined Investors Capital in 2007 as a corporate accountant and assumed the role of chief financial officer in January 2009. Prior to joining Investors Capital, Ms. Donnelly was employed by a public accounting firm for twelve years, focusing in the financial services sector. Ms. Donnelly is a proud Accounting graduate of Bentley University.

James Wallace

Chief Operating Officer

Jim Wallace is the Chief Operating Officer and a member of the Executive Committee for Investors Capital where he has overall management responsibility for Investors Capital’s Operations and Trading departments, he also acts in the capacity of Financial Operations Principal. Mr. Wallace joined Investors Capital in 2000 as Vice President of Trading.

Prior to joining Investors Capital Corporation, Mr. Wallace was employed by Boston based Fidelity Investments for over 10 years in various, customer service, trading and operations positions. Among his responsibilities, he was a block and options trader at Fidelity Capital Markets serving some of Fidelity’s largest clients. Mr. Wallace currently serves on the Operations and Technology Council for the Financial Services Institute (FSI) and serves on the Pershing Customer Executive Steering Committee. Mr. Wallace has completed the Securities Industry Institute® (SII) program, sponsored by the Securities Industry and Financial Markets Association, at the Wharton School of the University of Pennsylvania and holds the following securities licenses, Series 4, 6, 7, 8, 24, 27, 55, 63, and 65.