Hey guys,
Incoming SA here with two quick questions. I'm going through the paperwork for compliance, and there's a form to disclose any brokerage accounts that I may have in my name.
1) My parents set up a Roth IRA brokerage account for me when I was younger. I called the brokerage today and apparently I have full control of it (I've never touched it). This is definitely something that I have to disclose, even though it's a retirement account, correct?
2) My parents apparently also set up an ESA (Education Savings Account) for me when I was younger, but they've never touched it. I am the beneficiary of this account. Does my ESA need to be disclosed?
In both instances, the account balances are around ~$3,000. The money isn't important to me; I'm just looking to meet regulations and not get fired, haha.
Thanks for any help!
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