(Uniform Transfers to Minors Act) can also hold physical property like real estate or fine art. Teen Brokerage Accounts :
(Uniform Gifts to Minors Act) is for financial assets like stocks, bonds, and mutual funds. can you buy stocks under 18
Some brokers, such as Fidelity and Charles Schwab, offer accounts for teens aged 13–17. (Uniform Transfers to Minors Act) can also hold
These accounts may allow the teen to place their own trades, but a parent or guardian must still open the account and provide oversight. : and mutual funds. Some brokers
An adult (custodian) manages the account for a minor (beneficiary).