Do you have a meeting coming up with an Armada Wealth Management Dealer Representative, but aren’t sure what to expect? The below will walk you through what a typical meeting will look like, and how you can prepare.

Initial Meeting

Appointments are generally booked in 30-minute time increments, but this is not a hard constraint. The nature and format of the meeting can impact the length.

If you are somebody who is just learning about Armada Mortgage Corporation for the first time and not necessarily ready to make an investment, a dealer representative will spend time explaining the investment product to you and addressing any questions you may have. They will likely go over the most recent marketing materials with you, such as the fund details sheet and newsletter, representing the MIC’s performance. They will also address the risk of investing in exempt market products, and the ways in which Armada Mortgage Corporation works to mitigate risk for investors.

If you decide you would like to move forward with the investment, you may begin the steps in the same meeting, or you can book a subsequent appointment to complete your Know Your Client form before filling out the share purchase documents.

What to Bring

If you intend to proceed with an investment at the meeting or think you might be interested after learning more about the investment opportunity, there are a few things you can do to prepare for the meeting.

As part of the application, you will be required to provide 2 pieces of ID, at least one of which is primary photo ID. The second piece of ID must include your name and your birthday and/or home address. Acceptable ID includes:

• Drivers Licence
  • Passport
  • Nexus Card
  • BC Services Card
  • Bank Statement
  • Notice of Assessment
  • If there is another piece of ID you would like to provide but are not sure if it will be accepted, please contact the office for clarification

Please note that your two pieces of ID need to be from different providers. For example, if you are bringing a Service BC issued drivers licence as your first piece of ID, you cannot also use your BC Services card.

If you are making an investment through a cash account, please bring a void cheque.

If your meeting is taking place over the phone or by Zoom, there will be a place to upload copies of your ID (and a void cheque where applicable) in the DocuSign you receive. A brief Zoom call will be required if your initial meeting is by phone to verify you match your identification.

While exact numbers aren’t required, it is beneficial to have a general idea of your financial assets (bank account balances, registered account balances, other investments, etc.), non-financial assets (real estate, vehicles, etc.) and liabilities (mortgages, auto loans, loans taken out to make investments, etc.) are. Doing so will help the meeting move along smoothly when it is time to complete your application and assess suitability.

Know Your Client Form

The Know Your Client (KYC) form is a required application used to help assess the suitability of the investment product for the investor. The questionnaire is separated into three sections: Investor Information, Financial Information, and Investment Needs, Objectives, Tolerance, and Status. The dealer representative will walk you through the questions and can provide further context for any questions you are unsure of.

KYCs are updated once a year if/when additional share purchases are made, or if a client has experienced a significant change to their personal circumstance that could impact their investment suitability, such as loss of employment, marriage/divorce, death, etc.

Signing Documents

For in-person meetings, physical documents can be printed and signed during the meeting. For Zoom and phone meetings, you will be emailed the documents via DocuSign.

Documents required to make investment include a Know Your Client form, Subscription Agreement, and Client-Relationship Disclosure. Additionally, cash investments will need a Pre-Authorized Debt Agreement.

Finding the Office for an In-Person Meeting

Clients have the option to meet with an Armada Wealth Management Dealing Representative in person. The office is located at:

C405 – 20178 96 Avenue
Langley, BC V1M 0B2

We are located in Building C, which is the only 4-storey building in the business complex. The double doors to the building should be unlocked during business hours, but if you find them locked, dial 405 on the intercom box and a staff member will let you in.

Take the elevator to the fourth floor and turn right when you exit. Our office will be located on your right.

For driving directions, use this pre-populated Google Maps link.

Other Questions?

If you have any questions about your upcoming meeting that have not been addressed here, please reach out to the office. You can call 604-467-6449 or email advisor@armadawealth.ca