This Corporate Disclosure document provides important information about Waynera's business operations, regulatory compliance, and the risks associated with investment advisory services.
Please read this disclosure carefully before engaging our services. All investments carry risk, and it is important to understand these risks before making investment decisions.
1. Company Information
1.1 Corporate Details
- Company Name: Waynera Investment Advisory Services
- Business Address: 100 King Street West, Suite 5700, Toronto, ON M5X 1C7, Canada
- Phone: +1 416-330-5214
- Email: [email protected]
- Website: waynera.com
1.2 Business Structure
Waynera operates as an investment advisory firm providing:
- Investment advice and consultation services
- Portfolio analysis and recommendations
- Financial planning guidance
- Investment education and research
- Risk assessment and management advice
2. Regulatory Information
2.1 Licensing and Registration
Waynera maintains all necessary licenses and registrations required to provide investment advisory services in Canada, including:
- Registration with applicable provincial securities commissions
- Compliance with Canadian Investment Regulatory Organization (CIRO) requirements
- Adherence to National Instrument 31-103 registration requirements
- Ongoing regulatory filing and reporting obligations
2.2 Professional Designations
Our team members hold relevant professional designations including:
- CFA: Chartered Financial Analyst
- CFP: Certified Financial Planner
- CIM: Chartered Investment Manager
- FRM: Financial Risk Manager
3. Investment Risk Disclosures
Important Risk Warning
All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. The value of investments and income from them can go down as well as up.
3.1 General Investment Risks
- Market Risk: The risk that investment values will fluctuate due to market conditions
- Credit Risk: The risk that bond issuers may default on their obligations
- Interest Rate Risk: The risk that changing interest rates will affect investment values
- Inflation Risk: The risk that inflation will erode the purchasing power of investments
- Currency Risk: The risk associated with foreign exchange rate fluctuations
- Liquidity Risk: The risk that investments cannot be easily sold when needed
3.2 Specific Investment Risks
- Equity Investments: Stock prices can be volatile and may decline significantly
- Fixed Income: Bond values are sensitive to interest rate changes
- International Investments: Additional risks from foreign markets and currencies
- Sector Concentration: Concentration in specific sectors may increase volatility
- Small Cap Stocks: May be more volatile than large cap investments
- Alternative Investments: May have limited liquidity and higher risk profiles
4. Service Limitations and Disclaimers
4.1 Nature of Advisory Services
Waynera provides investment advice and recommendations, but:
- We do not have discretionary authority over client accounts
- We do not execute trades or manage portfolios directly
- We do not provide custody services for client assets
- Clients make their own final investment decisions
- Implementation of recommendations is the client's responsibility
4.2 Information Sources
Our advice is based on:
- Information provided by clients (assumed to be accurate and complete)
- Publicly available market data and research
- Third-party research and analysis
- Our professional judgment and experience
We cannot guarantee the accuracy or completeness of information from external sources.
4.3 No Guarantees
Waynera does not guarantee:
- Investment returns or performance
- Protection against investment losses
- Achievement of financial goals
- Accuracy of all market predictions or forecasts
- Suitability of all recommendations for every client
5. Conflicts of Interest
5.1 Potential Conflicts
We disclose the following potential conflicts of interest:
- Third-party Relationships: We may receive referral fees from other financial service providers
- Product Recommendations: We may recommend products from companies with which we have business relationships
- Personal Investments: Our employees may invest in securities we recommend to clients
- Outside Business Activities: Some employees may have outside business interests
5.2 Conflict Management
We manage conflicts of interest by:
- Disclosing all material conflicts to clients
- Implementing policies to ensure client interests come first
- Regular review and monitoring of potential conflicts
- Training staff on conflict identification and management
- Maintaining detailed records of all business relationships
6. Fee and Compensation Disclosure
6.1 Advisory Fees
Our compensation may come from:
- Direct Fees: Fees paid directly by clients for advisory services
- Consultation Fees: One-time fees for specific advice or analysis
- Ongoing Advisory Fees: Regular fees for continuing advisory relationships
- Project Fees: Fixed fees for specific planning projects
6.2 Third-party Compensation
We may receive compensation from third parties including:
- Referral fees from financial institutions
- Conference and educational event sponsorships
- Research and data service discounts
All third-party compensation is disclosed to clients when material to the advisory relationship.
7. Client Responsibilities
7.1 Information Accuracy
Clients are responsible for:
- Providing accurate and complete financial information
- Updating us promptly when circumstances change
- Reviewing and understanding all recommendations
- Making independent investment decisions
- Monitoring their own investment accounts and performance
7.2 Due Diligence
Clients should:
- Conduct their own research before making investment decisions
- Understand the risks of all recommended investments
- Seek independent advice when appropriate
- Review all investment documentation before investing
- Regularly review their investment portfolios
8. Privacy and Confidentiality
8.1 Client Information Protection
We protect client information through:
- Strict confidentiality policies and procedures
- Limited access to client information on a need-to-know basis
- Secure storage and transmission of sensitive data
- Regular staff training on privacy requirements
- Compliance with Canadian privacy laws
8.2 Information Sharing
Client information may be shared only:
- With client consent
- When required by law or regulation
- With service providers under strict confidentiality agreements
- For regulatory reporting purposes
9. Complaint Resolution
9.1 Internal Complaint Process
If you have a complaint about our services:
- Contact your advisor to discuss the issue directly
- Escalate to management if not resolved satisfactorily
- Submit written complaint to our compliance department
- Receive acknowledgment within 5 business days
- Get resolution within 90 days of complaint receipt
9.2 External Complaint Options
If not satisfied with our resolution, you may contact:
- Provincial Securities Commission: Your provincial regulator
- Ombudsman for Banking Services and Investments (OBSI): Independent dispute resolution
- Better Business Bureau: Consumer complaint resolution
10. Regulatory Compliance
10.1 Ongoing Compliance
We maintain compliance through:
- Regular regulatory filings and reporting
- Continuing education for all staff
- Annual compliance reviews and audits
- Updated policies and procedures
- Regular monitoring of regulatory changes
10.2 Regulatory Oversight
Our activities are subject to oversight by:
- Ontario Securities Commission (OSC)
- Canadian Investment Regulatory Organization (CIRO)
- Other applicable provincial securities regulators
- Canada Revenue Agency (for tax-related matters)
11. Business Continuity
11.1 Continuity Planning
We maintain business continuity plans to ensure:
- Continued service during emergencies or disruptions
- Protection of client data and records
- Alternative communication methods
- Backup systems and procedures
- Regular testing and updates of continuity plans
12. Updates and Changes
This Corporate Disclosure may be updated periodically to reflect:
- Changes in regulatory requirements
- Modifications to our business practices
- Updates to risk factors or service offerings
- New conflicts of interest or compensation arrangements
Clients will be notified of material changes to this disclosure.
13. Contact Information