Custodial Account (UGMA/UTMA)

Invest on behalf of a minor with a custodial account (also known as an UGMA or UTMA account, based on the Uniform Gifts/Transfers to Minors Acts). A custodial account is a brokerage account with comprehensive trading, mutual fund, and cash management features. Funds in a custodial account are irrevocable gifts and may only be used for the benefit of the minor.

Custodial Account Details

Key Benefits Fidelity Advantage Getting Started
  • Online stock commissions range from $7.95 on all online U.S. equity trades
  • No annual account fee
  • Advanced functionality for active traders
  • Conveniently move money online to your account and access funds for everyday expenses and bill-paying
  • A broad range of investment choices, including stocks, bonds, and options, over 5,000 Fidelity and non-Fidelity mutual funds, index and exchange traded funds
  • Comprehensive research and tools to help you select investments, evaluate opportunities, and develop investing strategies
  • 24-hour a day, every day service online and offline from experienced investment representatives.2
  • Minimum to open: $2,5001
  • Select from a number of convenient ways to make a first-time contribution to your account.
  • Log in to your account immediately and begin accessing investment research and tools
  1. Funds transferred into the account are irrevocable gifts to the minor and can be used only for the benefit of the minor.
  2. System availability and response time may be subject to market conditions.

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