American Asset Management Corp., Bernardsville, N.J., announced that Capital Financial Corp., its wholly owned mortgage banking subsidiary, had appointed three officers.

Neil Grote becomes senior vice president, and Heidi A. Naths and Thomas A. Dilger are vice presidents and branch managers.

Mr. Grote will be in charge of production and secondary marketing.

Ms. Naths will head a new branch in Summit, N.J., while Mr. Dilger will head a new branch in Freehold, N.J.

Richard Gagliardi, president and chief executive of Capital Financial, said Ms. Naths and Mr. Dilger would continue to originate loans in the territories they had developed.

American Asset Management Capital does a financial services and mortgage banking business and is involved in real estate development in New Jersey.

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