fintechDecember 8, 2016
Lend Academy Article: The Limited Marketplace Lending Investment Options for Kids
Marketplace lending investments offer limited options for investors seeking to save or invest for their children; Lend Academy provides details in their article; currently UTMA accounts are the only investment vehicle; created from the Uniform Gifts to Minors Act, these accounts can be opened for children under a specified age with irrevocable contributions; the assigned minor owns the assets in the account however they cannot gain complete control of the account until a specified age. Source