Dan Mann: Investor Complaint Against Ex-Kalos Advisor

Las Vegas, Nevada financial advisor Dan Mann (CRD# 4592568) recently received an investor complaint alleging that his advice resulted in damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Independent Financial Group, doing business as Cornerstone Wealth Management.

Mr. Mann’s BrokerCheck report discloses two investor complaints. The most recent, filed in January 2025, alleged that as a representative of Kalos Capital, he recommended investments that did not perform as anticipated. In February 2025 the complaint reached a settlement of $10,000.

An earlier investor complaint, filed in 2022, alleged that as a Kalos Capital representative, he breached his fiduciary duty and recommended over-concentrated and risky investments in GPB Holdings II. In 2023 the complaint reached a settlement of $130,000.

Cornerstone Wealth Management’s website includes a page describing the firm’s philosophy and services. “At Cornerstone Wealth Management, we hold the belief that every individual should have the opportunity to enjoy the retirement lifestyle they have long desired,” it states. “By employing a diverse range of investment options and insurance solutions, we aim to cater to your specific financial requirements and worries.”

According to the Financial Industry Regulatory Authority, Dan Mann holds 13 years of securities industry experience. Based in Las Vegas, Nevada, he has been registered as a broker and an investment advisor with Independent Financial Group since 2021, doing business as Cornerstone Wealth Management. His past registrations include Kalos Capital, Kalos Management, Global Financial Private Capital, Horter Investment Management, and PlanMember Securities. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Alaska, Arizona, California, Colorado, Florida, Idaho, Illinois, Nevada, New Jersey, New Mexico, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, and Washington. (Information current as of February 9, 2025.)

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