Dual Occupation Disclosure

As a Carte Wealth Management Inc. Representative, am engaged in various business activities including being a registered mutual funds salesperson, a licensed Life Insurance Agent, an Owner of a Company, a Professor and a Volunteer of various companies and represent separate entities 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, an Owner of a Company, a Professor and a Volunteer. The sale of life insurance products & services, and the business of my company, being a professor and a Volunteer , 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, Aleem Visram, am a registered mutual fund salesperson represented by Carte Wealth Management Inc.

  1. I am also an independent licensed Life Insurance Agent under contract with Carte Financial Services Inc., and Qualified Financial Services, insurance Managing General Agencies and entities through which I place my life insurance business. Any activity relating to my position 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 a part Owner of Multi Insurance Retirement & Financial Planning Inc., an entity through which I perform administrative duties and an entity whose name I use as a trade name when conducting mutual fund related business. Being an Owner of a company 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.
  3. I am also a Marketing Professor for Social Media and Marketing Management, Consumer Behaviour and Marketing Management Classes with Schulich School of Business at York University. Any activity relating to my position as a Professor 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 Volunteer Ski Instructor with Canadian Association of Adult Disabled Skiing (CADS Ontario) and a Volunteer with Executive Council of Empire Life. Any activities relating to my positions as a Volunteer 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, Aleem Visram, 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 Dual Occupations must be clear and that you understand the difference for the purposes of this transaction.

As a Marketing Professor at Schulich School of Business, York University, I, Aleem Visram, am considered to be in a position of influence over persons met through this activity and securities regulation states that individuals registered under the Securities Act (Ontario)(the Act) should be, in circumstances such as these, restricted from dealing with members of the public over whom they may be in a position of influence. As such, I may not act as a registered mutual funds salesperson in respect of any person who is a student in my class at Schulich School of Business, York University (Restricted Clients).

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