The assets legally belong to the minor but are controlled by the adult until the minor reaches the "age of majority" (usually 18 or 21, depending on state law).
Some brokers, such as Fidelity and Charles Schwab, offer accounts for teens aged 13–17. can you buy stocks under 18
(Uniform Gifts to Minors Act) is for financial assets like stocks, bonds, and mutual funds. The assets legally belong to the minor but
Available if the minor has "earned income" from a job (like a part-time job or even neighborly chores). depending on state law). Some brokers