The Schwab One ® Custodial Account is a brokerage account that allows you to make a financial gift to a minor and help teach them about investing. It is set up and managed by an adult, and turned over …

With a custodial account, you can explain that the money belongs to the child and that you are investing it for him or her. By showing a child the investment mix, types of assets, and performance reports, …

Dec 22, 2025 · - Schwab offers custodial accounts in UTMA and UGMA formats. - Custodial accounts at Schwab have no annual fees. - Some trades inside a custodial account are commission-free. - Both …

Apr 9, 2024 · A Schwab One Custodial account allows you to establish and manage an investment portfolio on behalf of your child. Once they reach the age of majority, the account becomes theirs.

6 days ago · Review our list of the best custodial accounts. While we found Charles Schwab to be the best overall, depending on your goals, there are other accounts to consider.

Nov 3, 2025 · With no minimum account deposit, maintenance fees or account opening fees, you can open a custodial account with Charles Schwab and start investing in your child’s future immediately.

Dec 1, 2025 · With custodial accounts, the adult — also known as the account custodian — manages and maintains ownership of the account until the child reaches the age of majority, which varies by …

Schwab is here to help with the account transition. The beneficiary has three options: Select the box for "Transfer to Another Financial Institution." Contact your receiving financial institution to initiate the …

This disclosure applies to your account if you elected to fund your Schwab One® account using Schwab ACH (Schwab MoneyLink®) to initiate a one-time electronic funds transfer from your checking or …

4 days ago · Thanks to Schwab’s user-friendly software, a custodial account can be opened on either the broker’s website or mobile app. On the latter platform, tap on the More icon in the bottom row …