Dual Occupation Disclosure
Carte Wealth Management Inc. (CWMI) representatives may be dually licensed for the sale of mutual funds and insurance products and may represent separate companies for each purpose. Your mutual funds representative might also provide tax services, mortgages, real estate, accounting/bookkeeping services and/or property & casualty insurance. As such, you may be dealing with more than one company depending on the products purchased, or services rendered. Remuneration may also vary with the particular products/services purchased. Your mutual funds representative will be representing CWMI for the sale of mutual fund products and will provide you with the name of the entity that he/she represents while conducting tax, mortgage, real estate, accounting/bookkeeping and/or property & casualty insurance related business. The sale of tax services, mortgages, real estate, accounting/bookkeeping services and/or property & casualty insurance, is not the business of, or under the supervision of CWMI, and CWMI will not be liable or responsible for such activities.
CWMI wishes this distinction to be clear, and if you are not sure of the difference, let us discuss it, or CWMI can suggest sources from which you can obtain the necessary explanation. CWMI’s regulatory body, The Mutual Fund Dealers Association of Canada (“MFDA”), has rules which state that the distinction between these dual occupations must be clear and that you understand the difference for the purposes of this transaction.