Founded in 1995, by Rafael Resendes and Daniel Obrycki, The Applied Finance Group (AFG) is an equity research and consulting firm that corrects accounting distortions and analyzes how the market sets prices to help its clients make better investment decisions. Today AFG works with over 250 of the largest institutional investment firms from around the world, including wealth management firms, management consulting firms, hedge funds, bank trust departments, investment counselors, mutual fund managers, and corporations looking for better market strategies.