Overview
A. Mann Financial Group (the “Adviser,” “we,” “us,” or “our”) is an investment adviser founded in
2019, registered with the U.S. Securities and Exchange Commission (“SEC”), and principally
owned by Brian Mann and Kevin Mann.
B. Adviser offers the following types of advisory services:
i.Pension Consulting Services. In addition to the wrap fee program services rendered to
retail investors (as described in Adviser’s separate wrap fee program brochure), Adviser
provides non-discretionary pension consulting services that are not part of its wrap fee
program to pension or profit sharing plans (each, a “Plan”). As part of this service,
Adviser shall review the Plan’s investment objectives, risk tolerance, and goals, and shall
work in partnership with applicable third-parties (such as the Plan’s recordkeeper,
third-party administrator, and/or discretionary investment manager) to establish an
appropriate investment policy statement and deploy applicable investment options into
the Plan’s account. Adviser shall periodically review the investment options available to
the Plan and, if applicable, will make recommendations to assist the Plan with respect to
the selection of the Plan’s qualified default investment alternative (“QDIA”). Adviser will
provide reports, information and recommendations, on a reasonably requested basis, to
assist the Plan in monitoring the selected investments. If elected by the Plan, Adviser
may also provide various services related to the Plan’s governance, the education of Plan
participants, and the review of other service providers to the Plan. In connection with
Plans subject to the Employee Retirement Income Security Act of 1974 (“ERISA”) and
applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”)
Adviser acknowledges that it is
a fiduciary under ERISA and the Code, shall render
prudent investment advice that is in Plan’s best interest, shall avoid making misleading
statements, and shall receive no more than reasonable compensation.
Adviser typically provides investment advice with respect to limited types of investments, which
include mutual funds and ETFs (which are limited to those available for inclusion in the Plan).
C. Adviser participates in a wrap fee program for clients that are not Plans. Please refer to Adviser’s
Form ADV Part 2A Appendix 1 for more information.
D. When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries within the meaning of Title I of ERISA and/or the Code, as
applicable, which are laws governing retirement accounts. The way we make money creates
some conflicts with your interests, so we operate under a special rule that requires us to act in
your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we
must:
i.Meet a professional standard of care when making investment recommendations (give
prudent advice);
ii.Never put our financial interests ahead of yours when making recommendations (give
loyal advice);
iii.Avoid misleading statements about conflicts of interest, fees, and investments;
iv.Follow policies and procedures designed to ensure that we give advice that is in your
best interest;
v.Charge no more than is reasonable for our services; and
vi.Give you basic information about conflicts of interest.
E. Adviser manages the following amount of discretionary and non-discretionary client assets
calculated as of December 31, 2022:
i.Discretionary (wrap fee program):$189,699,000
ii.Non-Discretionary (non-wrap fee program):$35,676,000