How to Open a Brokerage Account for a Teen
Teens can't open brokerage accounts directly. An adult must open a custodial brokerage account, like a UTMA or UGMA, to invest for them until they reach adulthood.
Teens can't open brokerage accounts directly. An adult must open a custodial brokerage account, like a UTMA or UGMA, to invest for them until they reach adulthood.