Parents Increasingly Open Supervised Investment Accounts for Teenagers

Parents Push Teens to Start Investing Earlier Than They Did

Bloomberg's Josyana Joshua joins Scarlet Fu and Tom Keene on "Bloomberg Money." Many parents are opening accounts that let teens learn the basics of investing with their supervision, in hopes of teaching them about investing early. As a result, financial firms have noticed and are rolling out products designed to appeal to parents and teens, such as joint brokerage accounts and parental-managed accounts that invest in exchange-traded funds. (Source: Bloomberg)