Brokerage Account
The account that holds investments and lets you buy, hold, and sell them.
A brokerage account is the container investments live in. For a kid, the common versions are a custodial brokerage account (a UTMA) and a custodial Roth IRA. Most brokers now charge no commission on stocks and ETFs and allow fractional shares, so you can start with just a few dollars.
Explain it to your kid
"The account where your investments live."
Want to go deeper? Brokerage accounts for kids.
🐷
Try MemoryBank free →A new money word every week
MemoryBank's Weekly Recap teaches your kid one money word at a time, tied to what their own account actually did that week.
MemoryBank is a display and education tool, not a financial advisor. Nothing here is investment, tax, or legal advice.