Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
The Schwab One ® Custodial Account is a brokerage account that allows you to make a financial gift to a minor and help teach them about investing. It is set up and managed by an adult, and turned over to the child when he or she reaches the age of majority. Open an E*TRADE custodial account - a brokerage account that a child can take over at 18 or 21.
Once it’s set up, you manage all the action in the account, which revolves around deposits and deciding which assets to invest in. Other fees and expenses may apply to continued investment as described in the fund’s current prospectus.
Open a custodial account. See the fund’s prospectus for details.Fidelity now offers the Fidelity ZERO Total Market Index Fund (FZROX), Fidelity ZERO International Index Fund (FZILX), Fidelity ZERO Large Cap Index Fund (FNILX), and Fidelity ZERO Extended Market Index Fund (FZIPX) available to individual retail investors who purchase their shares through a Fidelity brokerage account.
Stock plan account transactions are subject to a separate commission schedule. Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. What is a custodial account?
It can be a great way to save on the child's behalf, or to give a financial gift.
Consult an attorney or tax professional regarding your specific situation.Zero minimums generally apply to Fidelity share classes that previously required investment minimums of $10k or less and for stock and bond index fund classes that previously had minimums of up to $100 million. Here’s a quick overview of our clear, competitive per-trade pricing.no load, no-transaction-fee for more than 4,500 fundsper bond for online secondary market trades ($10 minimum, $250 maximum)A retirement account managed by an adult for the benefit of a minor under age 18.Tax-free withdrawals for qualified educational expenses, such as tuition and books.Buy and sell stocks, ETFs, mutual funds, options, bonds, and more.Securities products and services offered by E*TRADE Securities LLC. As we’ve mentioned, not all custodial accounts are created equal. Parents set up custodial accounts for children for various reasons, some legitimate and some not.