Kids as young as 13 can now trade stocks without a parent’s approval. How to be smart about it, according to experts.

Charles Schwab has a new teen account that is jointly owned by the child and their parent — but, unlike traditional custodial brokerage accounts, it is controlled by the teen.

​Charles Schwab has a new teen account that is jointly owned by the child and their parent — but, unlike traditional custodial brokerage accounts, it is controlled by the teen.