brokerages with custodial accounts

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What is a custodial Broker Account?

A custodial broker account offers a wide range of investment options, including everything from exchange-traded funds (ETFs) to mutual funds and individual stocks. The custodian controls the account until the child reaches the age of 18 or 21 (depending on the state of residence).

What is the best custodial account broker?

Best custodial account broker for investors who: Want a full-service brokerage with an easy-to-use investment platform. Fidelity is one of the largest and oldest brokers in the U.S., and offers a user-friendly investment platform as well as the tools and resources you'd expect from such a large industry leader.

Who can open a custodial brokerage account?

Typically, custodial brokerage accounts are opened by parents or grandparents who want to save for a child's future or make financial gifts to a child. Anyone can contribute to the account, not just the account owner, and there is no limit on how much you can contribute in a given year.

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