Fidelity Youth vs. Schwab Teen Investor: How the accounts compare

Teaching teenagers about the market early on can be one of the best financial lessons a parent passes on, and both Fidelity and Charles Schwab have accounts built specifically for the job. The Fidelity Youth Account , an individual brokerage account for teens, lets teens ages 13 to 17 invest in most U.S. stocks, ETFs, Fidelity mutual funds and fractional shares , with no account or subscription fees, plus no minimum deposit requirements. The teenager is the owner on the account. …