Author Topic: Any experience with Stockpile? Other recommendations for custodial account?  (Read 727 times)


  • 5 O'Clock Shadow
  • *
  • Posts: 2
I'm setting up a custodial account (UTMA/UGMA) for my 12 year old daughter to teach and encourage saving and investing. Looking for recommendations on where to house it.

I told her that if she saved $50, I would contribute $200 to get her started (which she has done), and after that, I would match her dollar for dollar. So we're not talking big dollars, at least not yet.

I could be wrong, but I believe if we opened a custodial account at Vanguard, we'd have to meet minimum thresholds, e.g., $3,000 for VTSAX, or single share prices for ETFs and individual stocks. Stockpile ( looks like a new platform; it allows for fractional shares and 0.99 trades. Anybody tried it? Or have other recommendations?


(cross-posted to Mini Money Mustaches)


  • Walrus Stache
  • *******
  • Posts: 5055
  • Age: 41
  • Location: Metro Detroit
Schwab.  I have a custodial account for my niece.  They have low cost index funds which cost no commission or trade fees and the minimum balance is $100, which you've already met.