Accounts receive up to $500,000 of SIPC insurance. Acorns Early is the platform's UTMA/UGMA custodial account option for investors to save on behalf of a beneficiary. Like the best 529 plans ...

Cons: E*TRADE doesn't offer fractional share trading. Open a UTMA/UGMA custodial account with Acorns Early, but you must be an Acorns Gold user. Unlock simplified trading on the go with one of the ...

Each state manages its own UTMA/UGMA program ... although fractional shares are not available. Acorns, an investment app designed for simplicity and accessibility, offers a comprehensive financial ...

Editor’s note: This is the fourth article in a six-part series focused on paying for education using smart financial and estate planning. Part one is Direct Tuition Payments: A Tax-Efficient Way ...

Parents, grandparents and others who wish to invest in the future of a child they love are often drawn to the idea of opening UTMA custodial brokerage accounts to provide a financial head start.