INVESTMENT ACCOUNTS FOR KIDS
Help your kids invest for their future with investment accounts that can grow with them. Start today and get $20 on us!
Get StartedSee terms & conditions here
Weâll help you determine your risk tolerance and select the portfolio that works best for you and your child.â
We'll use the information you provided to get your account ready.â
Automatic monthly contributions make it easy to be consistent. You could contribute as little as $1/day, which adds up over time.â
Track your childâs account with our intuitive dashboard. Schedule contributions, give them a gift, or edit their portfolios, all in one place!â
ASÂ SEENÂ IN:
Reviews are for the Fabric platform and not for advisory services.
No confusing financial jargon or formsâjust open an account, add money, and see how it could grow.
Weâll guide you through and help you find your personal investing style. No experience needed!
It only takes $3/mo and $20 to open one account. Have more than one child? Itâs only $5/mo. Learn more -->
As adults, your child will be able to withdraw money anytime. While theyâre minors, you can withdraw for the things they need and enjoy tax advantages.
We get itâlife happens. If you decide this isnât the account for you, you can easily cancel anytime, no questions asked.
All new accounts enjoy a free 30 day trial period, so you can feel confident before you commit.
An account that grows with them, from childhood into adulthood. By investing for them when theyâre young, the money you put in can add up over time and be withdrawn whenever they need it, to help them achieve their dreams.
Our custodial accounts are UGMA (âUniform Gift to Minors Actâ) accounts. In most cases, there are no taxes paid each year, or taxes will be much less than in a standard investment account.* See FAQ section for additional details.
Our custodial accounts are UGMA (âUniform Gift to Minors Actâ) accounts. Unlike a 529 plan, which is restricted to qualified education expenses, a UGMA investment account can be used for anything that benefits your childâno matter if itâs when theyâre minors, in college, or beyond.
UGMAÂ INVESTMENTÂ
ACCOUNT
529 PLAN
Education
Sports uniforms
Art supplies
First car
Wedding
First car
Retirement
CANÂ IÂ HAVEÂ BOTH?
Yes! Having both a 529 and a UGMA investment account is a great way to set your child up for financial success at any stage of their life.
Accounts will transfer to your child when they reach an age of majority (varies by state, typically 18-21 years old).
No more broken toys and unworn clothes!
Your childâs account comes with a unique gifting link that you can share with family and friends. Theyâll be able to send personalized gifts for birthdays, holidays, or just because.
Fabric was founded by parents for parents. We know how daunting it can be to start your investing journeyâwhich is why we work hard to keep our fees low.
Your account comes with features like automated investing, access to a dashboard to track your investments, and portfolio options to fit different life stages.
â Pictured are our founders, Adam (dad of two) and Steven (dad of one).
Pictured are our founders, Adam (dad of two) and Steven (dad of one).
SIPC-protection up to $500k
Professionally managed portfolios
All trading fees & more2
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STANDARD
ADVISORS
Flat fee
No commissions
No charges based on percentage of your assets
Asset management
Portfolios are managed by our SEC-registered partner, W&S Advisory Services, a member of Western & Southern Financial Group, a financial services company with a heritage that dates back 135 years.
Flexible portfolios
Weâll help you determine your risk tolerance and select the portfolio that works best for your child. Change at any time to adapt to your childâs life stage.
Security and privacy
Custodial accounts are SIPC-insured up to $500,000. We also use bank-level security and encryption to protect your sensitive information.
2024 SKIMM20 Direct Partner Promotional Offer
Updated Mar 28, 2025
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The Promotion
Beginning on July 22,2024 12:01 AM EST and ending on June 1, 2025 11:59PM EST (the âPromotion Periodâ), if you open a UGMA account with W&S Advisory Services, LLC (âW&SASâ) on the Fabric by Gerber Life platform (âFBGLâ) with promotional code SKIMM20 applied, Fabric will deposit $20 into your new UGMA account 7 days after your first administrative fee has been paid. This promotion is limited to new custodians who open a new UGMA account during the Promotion Period, and is only applied to the first account opened. This promotion is provided by FBGL, as solicitor for W&SAS.â¨
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Eligibility
To be eligible for this promotion, you must (1) be a new custodian; (2) open one new UGMA account with promotional code SKIMM20 applied; (3) complete the setup of your UGMA account with a linked bank account; and (4) keep the UGMA account open and in good standing with FBGL at all times from account opening until the reward has been deposited.
To qualify as a new custodian, the user of the UGMA account must not have previously opened a UGMA account with Fort Washington Investment Advisors or W&SAS on FBGL. FBGL defines a UGMA account in good standing as an account that (1) has not been suspended or had suspicious or fraudulent activity, as determined by FBGL in its sole discretion; (2) has completed an initial investment of at least $20 from a linked bank account funding source (either from a custodian or a gifter); (3) has paid all administrative fees; (4) has not had a transaction returned; and (5) has not made a withdrawal. If an account has not remained in good standing, the account will not be eligible for the $20.â¨
Employees of FBGL, W&SAS, Fort Washington and any of their affiliates are not eligible for this promotion.
Additional Information
This promotion is a limited time offer. FBGL reserves the right to restrict, revoke or change this offer at any time at its discretion. FBGL is not responsible for any failure on your part to maintain your account in good standing or otherwise meet standards for qualifying for this promotion.
Š 2025 Gerber Life Agency, LLC
Fabric by Gerber Life is a brand of Western & Southern Financial Group, Inc. Western & Southern Financial Group, Inc. is the parent company of W&S Advisory Services, LLC.
Investment advisory services tied to the Fabric by Gerber Life platform are provided by W&S Advisory Services, LLC, an SEC registered investment adviser. Registration as an investment advisor does not imply any level of skill or training. Custody, brokerage, and clearing services are provided by Apex Clearing Corporation, a registered broker-dealer and member FINRA/SIPC. As a member of the Securities Investor Protection Corporation (âSIPCâ), funds are available to meet customer claims up to $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, contact SIPC at (202) 371â8300 or visit www.sipc.org. Please consider your objectives before opening an investment account. Investments in securities involve the risk of loss. A diversified portfolio does not ensure a profit or protect against a loss. Past performance does not guarantee future results.
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Plan like a parent. is a trademark of Fabric Technologies, Inc.
Gerber Life is a registered trademark. Used under license from SociĂŠtĂŠ des Produits NestlĂŠ S.A. and Gerber Products Company.
In the State of California, Gerber Life Agency, LLC is known as and does business as Gerber Life Insurance Agency, LLC.
