Innealta Names Dr. Vito Sciaraffia as Co-Chief Investment Officer

AUSTIN, Texas, Oct. 2, 2015 /PRNewswire/ -- AFAM Capital, a diversified, privately held provider of specialty investment solutions, today has announced the appointment of Dr. Vito Sciaraffia as Co-Chief Investment Officer of its Innealta Division. This appointment represents the firm's latest effort to add robust intellectual capital as it continues expanding its institutional-quality investment committee.

Innealta Capital was acquired by AFAM Capital in November, 2009, and since that time has added extensive PhD level and CFA credentialed talent to the Innealta Investment Committee. Throughout the past half-decade, Mark Mowrey, CFA, and Dr. Brian Henderson, PhD, CFA, have been contributing and voting members of the Investment Committee. The committee is further supported by additional research and trading professionals in AFAM's Texas and California offices.

As Co-Chief Investment Officer, Dr. Sciaraffia will collaborate with Innealta founder and Co-CIO Dr. Jeff Buetow and the full Innealta Investment Committee.

Innealta Capital is one of the largest ETF managers in the U.S., and AFAM claims compliance with the Global Investment Performance Standards (GIPS^®). The firm's commitment to sophisticated quantitative analysis and investing will not change. The construction of the firm's portfolios and quantitative analysis will also remain in place, and the constant process of evaluation and optimization of the firm's methodologies will occur as it has since the inception of Innealta more than a decade ago.

Jeff Montgomery, CEO of AFAM Capital, noted that the firm's investments in the Innealta Division have grown. "Innealta is a unique, sophisticated approach to risk managed investing with a broad, established product line that helps advisors build more sophisticated portfolios," said Montgomery. "Our core product line will remain the key focus of our firm, and we will continue to invest heavily in enhancing our solutions and deepening the overall Innealta team."

Dr. Jeff Buetow added, "In my six years with the firm, we have delivered unique, useful, and sophisticated solutions to advisors and their clients. These team enhancements further support that important purpose."

Dr. Sciaraffia joined the firm earlier this year after holding a senior level position at Dimensional Fund Advisors. In conjunction with these resource additions, Mark Mowrey, CFA, is being promoted to Senior Portfolio Manager of the Innealta Division. Mr. Mowrey has been involved in developing the Innealta portfolios since 2009.

AFAM Capital and its Al Frank and Innealta Capital Divisions are based in Austin, Texas. The firm was founded in 1977 as Al Frank Investments and oversees several billion dollars in stock and managed ETF portfolios. For more information, please visit www.afamcapital.com, www.alfrank.com, www.innealtacapital.com, and www.theprudentspeculator.com.

AFAM Capital, Inc. is a Registered Investment Advisor wholly owned by AF Holdings, Inc. Innealta Capital is a division of AFAM Capital. The firm maintains a complete list and description of composites, which is available upon request.

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SOURCE Innealta Capital