Joint investing account for me and my son

Investing / Brokers
1

Dear community,

My 14 years old son is motived to invest his money and understand the magic behind.

What would be the best approach / platform to start in investing a small amounts of money with him ?

Ideally the broker should not jeopardize his gains with overrated fees as he will not invest thousands of francs.

From my side, I will probably use this opportunity to invest in some ETF.

Thanks for your advices.

2

Hi there

For smaller amounts with investments like one / two times a year: The easiest way IMHO is to just open an account in your name at a cheap broker (IBKR or Degior) and then track your / your sons asset via an external tool / spreadsheet (e.g. https://www.portfolio-performance.info/ or a google sheet).

Or if you’d like to have everything officially segregated you can open a sub account, e.g. at IBKR: Adding Sub Accounts

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