Business Activity Disclosure

As a Carte Wealth Management Inc. Representative I am engaged in various business activities including being a registered mutual funds salesperson, a licensed Life Insurance Agent, a Director/Owner of various companies, a self-employed landlord/Financial Planner, a member of various associations, a Robo-Advisor, and a Non-Voting Shareholder 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 names of the entities that I represent while conducting business as a licensed Life Insurance Agent, a Director/Owner of various companies, a self-employed landlord/Financial Planner, a member of various associations, a Robo-Advisor, and a Non-Voting Shareholder. The business activities relating to my position as a licensed Life Insurance Agent, a Director/Owner of various companies, a self-employed landlord/Financial Planner, a member of various associations, a Robo-Advisor, and a Non-Voting Shareholder are 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, Amandeep Sangha, 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 Financial Services Inc. insurance managing general agencies, and with Beacon Financial Solutions Inc., insurance associate general agency, through which I place my life insurance business. Any activities relating to my position as an 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 a non-voting shareholder of Kamal Preet Kaur Grewal Medicine Professional Corporation, a medical clinic, a Director/Owner of 1860628 Ontario Inc., an entity to which my mutual fund commissions are paid, and of 2684665 Ontario Inc., a real estate holding company. And of Mountainview Medical Centre & Walk In Clinics Inc. Any activities relating to my position as a non-voting shareholder and Director/Owner are 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.
  3. I am also a self-employed Landlord, whereby I rent out a portion of my principal residence and a Self-Employed Financial Planner. Any activities relating to my position as a landlord or Financial Planner 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.
  4. I am also a member of CFA Society Toronto, an association that supports the professional development and advancement of CFA charter holders, of Toastmasters International – Great Mind Advanced Toastmasters, an association helping individuals develop communication and leadership skills. Any activities relation to my memberships with these various associations are 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.
  5. I am also a Robo-Advisor with Justwealth Financial Inc., Which 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, Amandeep Sangha, 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.