Hello everyone,
I have 2 children of my own and 4 godchildren - don't ask me how this could happen ;)
My husband and I each use our own securities account with TR to make the most of the saver's allowance - there's no other way at the moment. We have been using Oskar for our two children and godchildren for 6 years (2 different accounts). Yes, the fees are comparatively high, but somehow that was the easiest thing for us at the time - we simply weren't ready to take care of everything ourselves.
I have now opened another custody account with Scalable for my godchildren so that we can continue to invest regularly. The plan is to close the additional Oskar account (with around €3,500) and reallocate the money.
Now my mother would like to save for my niece together with me. The question is: what is the best way to organize this?
I would like to have a way of seeing how much is available for each child separately - regardless of whether they are my godchildren or my own. The children are very different ages (some are already 8, others have just been born), so transparency would be super important.
Is there a broker that allows "sub-accounts" or some sort of separate savings plans per child, ideally within one main account? I'd hate to open four different brokers just to keep track. Maybe someone has a clever tip?
PS: I would actually like to invest everything in the $VWCE (+0,47 %) one ETF for all the children. Or should I perhaps choose a different ETF for each child individually?
Thanks in advance for your input :)
