A brokerage account is an investment account that will allow you to buy and sell various investments like stocks, bonds, mutual funds, index funds, or ETFs.
When you look at opening a brokerage account, you will have two choices when you pick your broker: an individual brokerage account or a joint brokerage account.
Joint brokerage account: This means you will be opening a shared account.
Typically, you’d open a joint brokerage account with your spouse, but one can be opened with your child, other family members, and even business partners.