No matter the reason, opening a custodial account for a minor can be a great way to give your child or grandchild a financial head start. If you need help saving money for a financial milestone ...

Custodial account fees tend to be low, but can vary among brokerages and financial institutions Fact checked by Brendan Harkness A custodial account is a special savings or investment account that ...

You can open the following types of brokerage accounts for your kids: 529 college savings account. Roth IRA. Custodial account. Traditional brokerage account in your name. "The primary downfall of ...

The age of majority may also differ between these two accounts. Custodial brokerage accounts are easy to open at a bank or financial institution. You will need your child's personal information ...

Invest in your child's future with an online custodial brokerage account. Whether you are a parent or guardian, you can open an investment account for your kids and start saving and investing ...

2. Open a custodial account for your children. For those looking to take a more active role in managing your children’s finances and saving for their future, a custodial account could be the ...

A custodial account is a savings or investment account an adult opens and administrates on behalf of a minor. The best custodial accounts offer features that matter most to both child and adult ...

and E*TRADE from Morgan Stanley -- offer custodial accounts. You shouldn't pay a recurring custodial fee for opening an account. Thankfully, this has become standard business practice with most ...

It's never too early to start investing for your kids and teaching ... 529 college savings plan Coverdell education savings account Custodial Roth IRA UGMA or UTMA custodial accounts Who's this ...

Upon turning 18, they can keep their account or open one of Capital One’s adult accounts, so they won’t have to learn how to make transactions on a new platform. The savings account earns a ...