Why should I consider an UTMA account?
UTMA accounts provide convenient way to gift precious metals to minors.
An UTMA is a convenient way to transfer assets to minors. A no-fee UTMA account with GBI Direct is an excellent way to let minors own assets besides stocks, bonds, or mutual funds. Alternative assets like precious metals have traditionally been more difficult to give, but our UTMA process makes it simple while remaining compliant with U.S. tax rules.