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A custodial account is a popular way for parents and guardians to invest for their children’s future. Accounts are easy to set up and manage, and the adult custodian can choose from a wide range ...
These accounts allow investors to hold assets such as real estate, precious metals, private equity and cryptocurrency. But be sure to watch out for high fees and other risks before opening an account.
SoFi is an online bank that offers multiple investment options, including self-directed accounts and a robo-advisory service. Why it was chosen : SoFi offers a simple-to-use trading platform with ...
Merrill Edge is an electronic trading platform and investment advisory service that provides self-directed and guided investment options for individuals and businesses. It is a subsidiary of Bank of America and was launched in 2010 after the merger between Merrill Lynch and Bank of America.
Best for: Investors starting small SoFi makes automated investing accessible with a $50 minimum investment. Its automated platform provides unique access to assets like real estate.
Wealthsimple Trade is a self-directed investment platform, allowing users to buy and sell various individual stocks and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges. [26] This platform was introduced in March 2019, offering a stock and ETF trading account with zero-commission fees in the U.S. and Canada.
JPMorgan Chase also offers self-directed, online investment accounts with no fees or minimums and charges $0 commissions on stock and ETF trades, as per recent industry norms. 3. UBS
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
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