(Uniform Gifts to Minors Act) is for financial assets like stocks, bonds, and mutual funds.
(Uniform Transfers to Minors Act) can also hold physical property like real estate or fine art. Teen Brokerage Accounts : can you buy stocks under 18
Some brokers, such as Fidelity and Charles Schwab, offer accounts for teens aged 13–17. (Uniform Gifts to Minors Act) is for financial
In the United States, you typically cannot buy stocks independently if you are under 18 because minors lack the legal capacity to enter into binding brokerage contracts. However, you can still own and invest in stocks through specialized account types managed with adult supervision. Legal Ways to Buy Stocks Under 18 : such as Fidelity and Charles Schwab
Available if the minor has "earned income" from a job (like a part-time job or even neighborly chores).