Analistas Financieros Internacionales (Afi) was founded in December 1987 as the result of a project led by three professors at the Universidad Autonoma de Madrid: Emilio Ontiveros, Ángel Berges and Francisco J. Valero, who were elaborating a report on the financial markets.

Gesmosa, one of the leading Spanish money market brokers, owned by a number of savings banks, made the first capital injection to get the company set up.

After more than 20 years of work and effort, Afi has become a group of established companies in the Spanish financial sector.

New companies have been created around the parent company to provide clients with new services, and Afi Group has even made financial investments in a range of companies in different sectors.

In 1994, the Escuela de Finanzas Aplicadas (School of Applied Finance) was established to bring together under a single umbrella, manage and promote all training related activities.

In 1995, Consultores de las Administraciones Públicas (Public Administrations Consultancy) was incorporated to service the increasing demand for advisory and consultancy work for public institutions and entities.

Tecnología, Información y Finanzas (Technology, Information and Finance) was created in 1997 to foster work related to technological developments, both internally and externally.

Afinet Global was founded in 2000 to develop the Group's internal and external internet strategy.

Ediciones Empresa Global was also created in 2000 to channel and develop the group's publishing work.

In 2006 Afi Senior was set up, a firm specialized in the provision of advisory and consultancy services to individuals and businesses in the area of social healthcare and residential services. Talasso Patrimonios was created then to provide wealth advisory and consultancy services to family offices.

In addition, Afi has a portfolio of industrial holdings in different sectors. Thus, it owns 35% of consultancy firm, VialogosCC, a 25% stake in AC Desarrollo, a venture capital firm managed by AC Corporacion, 15% of Exportalia, a company that structures financial solutions for business ventures outside Spain, 5% of OMEL, 4.24% of Gridsystems, 3.20% of GTT and 1.2% of Cluster Competitiveness Group.