FOR STOCK, DOES MY CHILD NEED A BROKERAGE ACCOUNT?

In by | January 23, 2019

No. The first time your child selects a stock to be purchased, a parent will be asked to open a custodial account through our partner Stockpile. It’s also important to note that there are no transaction fees on buying stock when going through the BusyKid platform, but there is a small fee when selling stock through Stockpile.