With a custodial account (aka Kids Portfolio at Stash), you can buy stocks and ETFs on behalf of the children in your life—and the money is theirs when they turn 18. Custodial accounts can be opened by parents, grandparents, or even friends—anyone who wants to pass on generational wealth.
You’ll get personalized investment guidance to fit the needs of the children in your life. Plus, Stash is a Registered Investment Advisor, which means it’s our duty to act in your best interest, always.
Custodial accounts are flexible—you can give the gift of a down payment, or even a retirement nest egg to a child.
With fractional shares, you’ll be buying pieces of stock. So invest what you can afford.
With Auto-Stash, you can put building wealth for kids on autopilot.
Custodial accounts are only offered through our Stash+ account. Once you join Stash+, we’ll help walk you through the process of setting up your custodial account(s).
The cost of a custodial account is included in a Stash+ subscription, which is $9/month.
Yes—but there are tax advantages. Until the child turns 18, investment income is taxed at a child tax rate.5 And a proportion of unearned income might be considered untaxed. Check here for more about custodial accounts and taxes. This should not be construed as tax advice. Please consult a tax professional for additional questions.
Stash offers UGMAs.5 UGMA accounts are limited to financial assets of cash, securities—stocks, bonds, or mutual funds—annuities, and insurance policies. All U.S. states allow UGMA accounts.
The other type–UTMA accounts–can hold virtually any kind of asset, including real estate, intellectual property, and works of art. Stash does not offer UTMAs.
Stash is a personal finance app that can help anyone improve their financial life.
From budgeting to saving for retirement, Stash features banking, investing, and advice all in one app. We’ve helped millions of Americans reach their financial goals–all for one low monthly price.