Afam Capital, Inc. (Austin)

Name: Afam Capital, Inc.
Address: 221 West 6 Th Street, Austin, TX, 78701
Telephone: 512-354-7041

Afam Capital, Inc. is a large advisory firm based in Austin. It manages $950.88 million of regulatory assets for 935 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, California, and 35 other states.

Afam Capital provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Afam Capital: assets under management

The assets under management (AUM) of Afam Capital, Inc. is $950.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 62% since the beginning of its operation, and $10.21 million of the total AUM is attributable to clients outside of the United States.

The firm manages $950.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each.

Afam Capital has custody of $30.77 million in cash and securities for 32 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Afam Capital, Inc. for their services and products based on a percentage of assets under management and subscription fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Eric Rasmussen Hare serves?

The firm provides services to individuals, investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Eric Rasmussen Hare is high net worth individuals with 345 clients and $410.98 million of assets under management. Among the 9 most similar advisory firms, Afam Capital has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $946.45 million for 910 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Afam Capital doesn't advise any private funds.

Careers at Afam Capital, Inc.

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Eric Rasmussen Hare has been acting as President since 1 Jan 2016. Vito Antonio Sciaraffia has served as the Chief Investment Officer since 1 Jan 2016. Cynthia Mariel Mendoza joined the executive team most recently as the Vp, Operations And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Af Holdings	Holding company	1 Nov 1999	75% - 100%	41-1946117
John Buckingham	Cio	1 Dec 2001	Other	2593935
Gerald William Buetow	Cio	1 Nov 2009	Other	5199863
Jeffrey Alan Montgomery	Ceo	1 Mar 2010	Other	2429245
Kurt Emmanuel Morales	Chief financial officer	1 Jul 2010	Other	4270192
Elizabeth Magdalena Willmore	Chief compliance officer	1 May 2012	Other	2697868
Coby Jay Stilp	Chief financial officer	1 Jul 2013	Other	2277241
Vito Antonio Sciaraffia	Chief investment officer	1 Jan 2016	Other	6214155
Eric Rasmussen Hare	President	1 Jan 2016	Other	5982485
Gerald William Buetow	Senior advisor	1 Jan 2016	Other	5199863
Cynthia Mariel Mendoza	Vp, operations and chief compliance officer	1 Apr 2018	Other	xxx-xx-xxxx

Based in Austin

The principal office where Afam Capital, Inc. performs its advisory services is located at 221 West 6 Th Street, Austin, TX 78701, which is also the mailing address of the firm. An additional office of the firm is in Aliso Viejo, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-354-7041 or by fax 512-597-2500. The normal business hours are 8 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at alfrankfunds.com.