About AFAM Capital | Asset Management


AFAM Capital is a 39-year-old investment management firm. We serve individual investors, institutions, and advisors across the country through separately managed account strategies, mutual funds, and our #1 ranked investment newsletter, The Prudent Speculator. Headquartered in Austin, Texas, we also have a team in Orange County, California.

We have a full suite of strategies to fit almost every need.

Prospective Clients

We serve individuals and institutions by offering privately managed account strategies, mutual funds, and an investment newsletter. No matter your risk tolerance or time horizon, we strive to help you achieve your goals.

  • If you are interested in learning more about how working with AFAM Capital can help you work toward your financial goals, please click here.
  • If you prefer to manage your own portfolio and would like to leverage the research of our experienced research team, we encourage you to learn more about The Prudent Speculator. Click here to subscribe to the newsletter.

For Advisors

AFAM also offers separately managed account strategies and mutual funds from both our Al Frank and Innealta division to select advisors.

Click here if you’re an advisor and want to learn more.




Investing involves risk, and there is no guarantee that objectives will be achieved.

The Prudent Speculator (TPS) has been the #1 ranked, not adjusted for risk, investment newsletter for the past 20, 25 and 30 years according to The Hulbert Financial Digest (as of 1.31.16). A newsletter’s Hulbert Financial Digest’s Ranking is based on an average of its several portfolios in the event it recommends more than one (and includes portfolios that the letters have discontinued). Rating is not indicative of future performance and may not be representative of any one client’s experience.