Schwab Targets Teens With New Brokerage Accounts

Charles Schwab Corporation has launched new brokerage accounts specifically designed to introduce teenagers to the world of investing and personal finance. This initiative aims to foster financial literacy and encourage early engagement with saving and investment strategies among younger individuals. The accounts provide a platform for teens to learn about the stock market and manage their own investments under guidance. This move by Schwab reflects a growing trend among financial institutions to target emerging demographics and cultivate future generations of investors.