Who has the authority to proceed with the UITF account opening in the absence of UITF marketing personnel?

The authority to proceed with the UITF account opening in the absence of UITF marketing personnel primarily lies with branch personnel. Branch personnel are typically trained and equipped to handle customer inquiries and processes related to investment products, including UITFs. They are responsible for ensuring that clients understand the investment options available to them and can facilitate the necessary documentation and compliance needed for account opening.

In scenarios where marketing personnel are not available, branch personnel step in to provide continuity of service. They have the necessary knowledge of the UITF offerings and can guide investors through the requirements to establish an account, adhering to company policies and regulatory standards.

While investment managers, trustees, and financial analysts play crucial roles in the management and oversight of UITFs, their responsibilities are focused more on the strategic aspects of investment management, compliance, and analysis rather than direct customer interactions for account openings. Hence, branch personnel are the suitable option for conducting UITF account openings when marketing staff are unavailable.