Jump to content

Brokerage Custodial Account for a Minor


Recommended Posts

Does anyone know of a broker that allows for a custodial account for a minor to invest in US stocks or ETFs? My son is a Thai citizen and I would like to put some money for him in an S&P 500 ETF to let it compound through the years. Anyone doing this from Thailand? Thanks.

Link to comment
Share on other sites

Fidelity has a few options. Does he not have a US passport/citizenship also? 

 

Fidelity will let you open a joint account with an minor as well, which is pretty easy. 

 

How old is he? If you have earned income and he works at all, you might want to open a Roth for him. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...