06:49 AM EDT, 03/26/2026 (MT Newswires) -- Charles Schwab ( SCHW ) said Thursday it has introduced an account for teens ages 13 to 17 years, with their parents or legal guardians monitoring them.

With Schwab Teen Investor account, teens have access to various investment products, customized financial education, and support from Schwab professionals, the company said.

Charles Schwab ( SCHW ) said there is no minimum initial deposit required for the account, and both parents and children can trade and move in the account.