The Society of Asset Allocators and Fund Timers Inc. (SAAFTI), a national association of registered investment advisory firms, has elected its officers and directors for 2002-2003. The officer positions are all one-year terms.

Sam Jones, president of J. Group/R.E. Jones & Association and last year's SAAFTI president, was elected chairman of the association. Capital Growth Management President and CEO Stephen Blumenthal was elected president. Ann Miller, founder of A. Miller Investment Advisers, was elected vice president. Paul Schatz, chief investment officer of Beneficial Capital and last year's SAAFTI chairman, was elected Treasurer. And MDP Associates founder Mark Pankin was elected secretary.

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