Can I open an account for a minor (child accounts)?
Yes, True Wealth offers ETF-based portfolios for children and young people where the securities are held in the child's name. Existing clients can open a child portfolio for their children directly in the True Wealth login area. It is also possible to open a children's portfolio for your own child without being a client yourself. In any case, the account must be opened by a legal representative, i.e. the mother or father. More information here.
More questions in "My Account"
How do I open an account with True Wealth?Where are my assets held?Who can open an account with True Wealth?What is a test account?Can I have multiple portfolios with True Wealth?What is the minimum amount for an account?Can the investment universe (Global or Sustainable) be changed retrospectively? Is it possible to give a power of attorney for an account to a third party?Can I open a True Wealth portfolio in the name of more than one person («compte-joint» or «joint account»)?What is the minimum amount for subsequent deposits?Can the custodian bank be changed later?What are the differences between a real account and a test account?Is there a True Wealth app?Which are the account-holding banks?I have a new e-mail address – how can I change it?Why is True Wealth not on the list of asset managers authorised and supervised by FINMA?Can I setup standing (recurring) orders for withdrawals?
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