MaxBron

Hope you can read the title.

Hello,

I wanted to hear everyone’s thoughts on opening a joint brokerage account with a parent versus having POA over their brokerage account.

Backstory: I (age 29) am in finance and love personal investing. My parent (age 70) has finally come around to the idea of investing after being apprehensive for years. They have some money for retirement (my guess is $0-100,000). They do collect social security as well. I’d like them to invest what they do have so they can delay running out of money/receive supplemental income. They don’t understand the wherewithal on proper investing, so ideally I would help guide them. I’ve thought of a few ways on how to set this up and run the account. I am a