Description: The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank. Holding trillions of dollars in combined assets, the 10 largest banks in the country offer various financial products. These financial in...
If you’ve been thinking about opening an investment account, you’re probably wondering if it’s possible for you. After all, investing can be intimidating—and expensive—for someone who doesn’t know what they’re doing. But let me tell you something: You don’t need to be rich or have a high net worth to open a brokerage account. In fact, many different types of investors open brokerage accounts every day!
What Is A Brokerage Account? Why Do Investors Need It?
A brokerage account is a type of investment account that can be opened at a bank or credit union. Brokerage accounts are typically available to investors who have sufficient funds to invest and meet certain requirements, such as being at least 18 years old and having a valid Social Security number.