Investors Capital Management Inc

Item 5       Fees and Compensation
The following table sets forth ICM’s fee schedule for investment services to its separately managed
accounts. These fees reflect the annual charges that apply to clients under an ICM traditional
investment advisory agreement. These fees are negotiable based on the account type, size, the
existence of related accounts, anticipation of future assets, or other considerations that ICM, in its sole
discretion, determines merit an alternative fee structure.
                                         ANNUAL RATES

            Type of Account              Up to $500,000     The next $4,500,000     Over $5,000,000

            EQUITIES ONLY                    1.25%                0.90%               Negotiable

              BALANCED                       1.00%                0.75%               Negotiable

          FIXED INCOME ONLY                  0.75%                0.56%               Negotiable

      MUTUAL FUNDS and ETFs ONLY             0.50%                0.50%               Negotiable

ICM offers a monitoring service for non-managed accounts with a negotiable fee structure.

Fees are calculated and payable quarterly in advance. If the advisory contract is terminated before the
end of a billing period, any unearned fees will be refunded.

We allow clients to choose their custodian. ICM clients may incur transaction fees that are charged by
their custodian broker.

ICM does not engage in the use of soft dollars. Refer to Item 12 Brokerage Practices.

ICM does not receive compensation for the sale of securities or other investment products.

Item 7        Types of Clients
ICM provides investment advisory services to individuals, families, trusts, foundations, pension plans,
and charitable organizations. ICM does not have a minimum account size.