Bloom offers 80+ interactive financial education lessons taught by Ivy League professors and business leaders on critical topics like budgeting, investing, credit, crypto & more! In addition, Bloom provides a custodial brokerage account for teens to invest in real stocks & ETFs and start building wealth early.
- As a teen under 18, in order to invest in the stock market you need an adult to help you open a UTMA/UGMA custodial brokerage account — Bloom allows you to open one for your teen! Plus, our custodial accounts automatically transfer to your teen when they turn 18.
Bloom teaches your child about these important concepts with world-class lessons from top professors at Ivy League universities, as well as a real investing account with flexible parental controls.
- Add funds to your child’s investing account with a bank account or debit card with as little as $1 — or allow them to fund their own account.
- Withdraw funds from your child’s investing account at any time.
Investing is the most effective way to build long-term wealth, but most teens don’t learn about investing or personal finance in school.
- Your account is SIPC insured up to $500,000 and protected by bank-grade encryption & authentication.
- Fractional shares allow you to invest as little as $1 to be a part-owner in any public company.
