Daniel Snover: PMV Advisor Faces $383K Complaint

Addison, Texas financial advisor Daniel Snover (CRD# 5161189) recently received an investor complaint alleging his conduct resulted in losses exceeding $300,000. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Fig Group broker is currently an investment advisor with PMV Capital Advisers.

Mr. Snover’s BrokerCheck report discloses one investor complaint. Filed in August 2023, it alleges that as a representative of PMV Capital Advisers, he breached his fiduciary duty by recommending unsuitable exchange-traded products. The pending complaint alleges damages of $383,000.

As his profile on PMV Capital’s website explains, Mr. Snover is the firm’s President, Chief Investment Officer, and founding member. He previously managed “more than $250 million in client assets” at Fund Architects LLC, where he was co-CIO before selling the firm to Cabana Asset Management. “Daniel is exceptionally positioned in the wealth management space,” his profile states, “having obtained both the Chartered Financial Analyst (CFA) designation, widely accepted as the highest set of credentials in the global investment management industry, and the Chartered Financial Consultant (ChFC) designation, an advanced financial planning designation.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Daniel Snover holds 14 years of securities industry experience. Based in Addison, Texas, he has been an investment advisor with PMV Capital Advisers since 2020. His past registrations include Cabana Asset Management (Plano, Texas; 2019-2020), Cabana Advisors (Plano, Texas; 2012-2020), The Fig Group (Heath, Texas; 2014-2015), NFP Securities (Heath, Texas; 2011-2012), and TransAmerica Financial Advisors (Heath, Texas; 2009-2011). His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Texas. (Information current as of September 18, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.