Investing for your child

Invstr Jr makes investing fun and accessible for the whole family. With our custodial account, parents have the ability to make investments for kids, teach their kids about investing, a kids’ portfolio, and money management, and reward them with real cash for completing goals. 

Invstr Jr works as a custodial account, which means that a parent or guardian is responsible for opening and maintaining the kids investing account, while the child has parent-controlled access to the account. The parent or guardian can add funds to the account, as well as make transfers and withdrawals. As well, the parent or guardian can set rewards for goals (such as “clean your room” or “wash the dishes”) that will be awarded to the child upon completion–a fantastic way to teach your kids the value of hard work and money saved! When the child turns 18, the account will transfer to their name.

Invstr Jr is perfect for kids and parents who are interested in investing, investment portfolios for kids, and learning about financial responsibility and freedom. Our account makes it easy to make investments for kids, manage a kid’s portfolio, educate kids on how to become better investors, and the importance of smart savings. Parents or guardians who sign up for Invstr Jr will also have access to Invstr+, our brokerage account for adults over the age of 18. 

It’s easy to open an Invstr Jr account to start investing for your kid! To get started, simply download the Invstr app from the Apple or Google Play store (if you haven’t already. Sign up for an Invstr Jr account by entering your information and uploading a copy of your passport or driver’s license. Please note that if you are not an existing Invstr customer, you will have to open an Invstr+ account before proceeding with Invstr Jr. 

Yes! It’s easy to make investments for your kids with Invstr Jr’s custodial account and kids portfolio. As a parent or guardian, you will be responsible for the funds in the account, although your child will technically own the funds (the account will transfer to their name when they turn 18). Please consult your tax advisor tax filing implications associated with custodial accounts.

At Invstr, we believe that the key to being a good investor is practice and education. When you download Invstr, you’re also getting the troves of educational resources we have at our disposal. Enroll your kid in Invstr Academy, our 10-module course on investing, written by experts (and perfectly bite-sized and kid-friendly!). Enjoy access to scores of technical charts, analysis, and live data via our Stats and Portfolio Builder features. And, take advantage of the hundreds of blog posts, podcasts, and interviews we put out via Invstr Crunch. 

Invstr Jr provides a custodial account, making it a great option for making investments for your kids. A custodial account is a savings account that is set up and maintained by a parent or legal guardian for a minor. 

Invstr Jr is totally safe for making investments for your kids! In addition to giving you full control over the account (like knowing what kid’s activity in the account and getting notifications for instrument trade requests), we also provide best-in-class protection and security via the following ways: 

• Your bank account is FDIC insured
• Your brokerage account is SIPC insured
• Your crypto is stored in a bank
• We protect your account with OKTA best-in-class security
• Your data is encrypted and secure—we will never share your personal details