AFAM Capital said Monday that it has hired Daniel P. Driscoll as vice president and Northeast regional sales director. Prior to joining AFAM, Driscoll worked at Congress Asset Management where he most recently served as a vice president and regional director in charge of business and client service in the New York Metro area. Headquartered in Austin, Texas, AFAM is an asset management firm.
AUSTIN, Texas, Sept. 30, 2013 /PRNewswire/ — AFAM Capital, one of the top U.S. asset management boutiques providing specialty investment solutions to financial advisors and private clients, announces that Daniel P. Driscoll has been appointed Vice President, Northeast Regional Sales Director. Mr. Driscoll will primarily focus on sales for the tactical exchange-traded fund (ETF) products offered by AFAM’s Innealta Capital division.
In this newly created role, Mr. Driscoll will be responsible for business acquisition and retention as well as advisor education throughout the Northeast territory, extending from the northern tip of Maine down to the Mid-Atlantic region. He is based in Boston and will report to Scott Silverman, Senior Vice President of Business Development at Innealta Capital.
“The growth we have experienced in recent years has positioned us to broaden our national reach and offer our unique strategies to a wider community of sophisticated investors,” said Jeff Montgomery, Chief Executive Officer of AFAM Capital. “Dan will utilize his numerous brokerage relationships to strengthen our presence in the Northeast.”
Mr. Driscoll previously spent 12 years at Congress Asset Management in Boston, where he was most recently a Vice President and Regional Director in charge of business and client service in the New York Metro area. Prior to Congress, he worked at Boston Capital for six years in a variety of sales positions. Mr. Driscoll holds a Bachelor of Science in business administration with a concentration in finance from Bryant University in Smithfield, R.I.
“Innealta’s tactical ETF products embody the core investment philosophy of its founder, Dr. Gerald W. Buetow, who distinguished himself in the asset management industry by utilizing risk-reward trade-offs among multiple asset classes to generate longer-term returns,” said Mr. Driscoll. “I look forward to helping Innealta bring these proven strategies to investors in the Northeast as the firm continues its national expansion.”
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About AFAM Capital
AFAM Capital, Inc. is a rapidly growing asset manager that specializes in the management of exchange-traded funds and equity portfolios. We currently advise upon more than $5 billion in assets. Our Innealta division tactically shifts investments between equity and fixed income ETFs with a strong emphasis on risk (e.g. variance of returns, downside market protection). Our Al Frank Asset Management division applies a disciplined “buy and harvest” long-term equity strategy based on selection, diversification and patience that has been highly regarded for over 35 years.