Lynnfield-based financial services holding company Investors Capital Holdings Ltd., a subsidiary of Investors Capital Corp., reported second quarter total revenue of $20.43 million for the period ended Sept. 30, a 7.9 percent increase from the $18.94 million for the same time one year ago.

The increase is due primarily to a rise in commissionable revenues as markets continue to rebound from the recent recession, according to a statement. Commission revenue accounted for 81.8 percent of total revenue and advisory fees for 15.1 percent.

"We are pleased to see continued growth in revenues generated by our registered representatives, particularly in our advisory platforms," said Timothy B. Murphy, president and CEO. "Ours is a service business, and by keeping the delivery of five-star service every day to our advisors forefront in all that we do, our revenue, profitability, and recruiting goals become achievable."