FutureMoney Review
Automated investing for children, built around a custodial Roth IRA that most children cannot legally fund.
By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 9, 2026.
Our verdict
For a child with real earned income, FutureMoney's Junior Roth IRA, a custodial Roth under a brand name, is one of the strongest tax vehicles available. Without earned income a child can't fund one, and an excess contribution draws a 6% penalty every year it stays. A UTMA or 529 may fit better, and fees aren't published, so check Form ADV Part 2.
Skip it if your child has no earned income, or you want control of the money past the age of majority.
About FutureMoney
Automated investing for children, built around a custodial Roth IRA that most children cannot legally fund. FutureMoney is offered by FutureMoney RIA, LLC (SEC 801-129583, CRD 329835). We could not find a published customer rating for it on Trustpilot or the Better Business Bureau, so none is shown.
Best for: Families whose child has real earned income and a very long horizon.
Editorial grade: B (composite score 75/100).
Highlights
- A registered investment adviser: SEC file 801-129583, CRD 329835, active, with no disclosure events on record
- Built for investing on behalf of children, whether for education, a first home or retirement
- Markets a "Junior Roth IRA", which is a custodial Roth IRA and carries the ordinary Roth earned-income rule
- Family and friends can contribute toward a shared goal
What we like
- Registered, active, and clean on the adviser register
- A custodial Roth IRA genuinely is one of the strongest tax vehicles available to a child who has earned income
- Letting relatives contribute solves a real problem, since grandparents are usually the ones who want to
- Automation suits a decades-long horizon better than stock picking does
Where it falls short
- A child can only contribute to a Roth IRA up to what they actually earned that year. A child with no earned income cannot fund one at all, and an excess contribution carries a 6% penalty for every year it stays there. The marketing does not say this
- "Junior Roth IRA™" is a brand name for a custodial Roth IRA, not a distinct product with different rules
- A UTMA or a 529 may fit a child with no earned income far better; this offer does not raise either
Fees, minimums, and rates
Monthly fee: Not published; confirm on Form ADV Part 2 before opening. Minimum to open: Not stated. Rates and fees last checked on September 9, 2026.
How we reviewed it
This is a desk review: we have not opened an account with FutureMoney RIA, LLC (SEC 801-129583, CRD 329835). It is built from FutureMoney RIA, LLC (SEC 801-129583, CRD 329835)'s published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Robo-Advisor shortlist. Our brokerage and robo-advisor reviews weight costs and fees (25%), platform and tools (20%), asset selection (15%), account types (10%), education and research (10%), customer support (10%), and trust and safety (10%). The rubric is the same for every brand.
Similar products to compare
Read our full editorial methodology for how we review products.