An UTMA is a convenient way to transfer assets to minors. And a no-fee UTMA account with Hard Assets Alliance is an excellent way to let minors own assets besides stocks, bonds, or mutual funds.
“Alternative” assets like precious metals, while providing excellent diversification, have traditionally been more difficult to give than the primary asset classes that most broker-dealers supply. But our UTMA process now makes it just as simple to transfer wealth in the form of precious metals while remaining compliant with U.S. tax rules.