As a Carte Wealth Management Inc. Representative, I am engaged in various business activities including being a registered Mutual Funds Salesperson, licensed Life Insurance Agent, and a Director/Owner and represent separate companies for each purpose. As such, you may be dealing with more than one company depending on the products
purchased, or services rendered. Remuneration also varies with the products purchased, or services rendered. I will be representing Carte Wealth Management Inc. for the sale of mutual fund products and will provide you with the name of the entities that I represent while conducting business as a licensed Life Insurance Agent and Director/Owner. The business activities relating to my position as a licensed Life Insurance Agent and Director/Owner, is not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
I, Joe Avila, am a registered mutual fund salesperson represented by Carte Wealth Management Inc.
1. I am also a licensed Life Insurance Agent under contract with Carte Risk Management Inc., and 21st Century Travel Insurance Ltd., insurance Managing General Agencies. Any activity relating to my occupation as a licensed Life Insurance Agent is not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
2. I am also the Director/Owner of WealthFinancial.ca Corp., an entity through which I place my life insurance business, an entity to which my life insurance and mutual fund commissions are paid and an entity whose name I use as a trade name when conducting mutual fund related business. Any activity relating to my position as a Director/Owner is not the business of, or under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
I, Joe Avila, wish this distinction to be clear, and if you are not sure of the difference, let us discuss it, or I can suggest sources from which you can obtain the necessary explanation. Our self-regulatory organization, The Mutual Fund Dealers Association of Canada (“MFDA”), has rules which state that the distinction between these business activities must be clear and that you understand the difference for the purposes of this transaction.