Baader Bank Kids' accounts were not automatically transferred. You must first open a new Kids' accounts with Scalable. There is no asset management fee for Kids' accounts in the new Scalable.
Here's what you need to do now:
- Open a new Kids' accounts with Scalable Capital by December 31, 2025, and set up a savings plan. The first execution will take place in January 2026.
- In January 2026, you will receive a securities account transfer order by mail.
- We will transfer the Baader Bank Kids' accounts account to Scalable Capital.
Important information:
- To open a Kids' accounts account with Scalable Capital, all legal guardians need a free Scalable account (seeWie kann ich ein Depot für mein Kind eröffnen?)
- Once the account has been successfully opened, you will temporarily have two securities accounts for your child.
- Savings plans will be executed in the Baader Bank Kids' accounts for the last time in December 2025 and then automatically deactivated.
- Please ensure that the postal address in your Baader Bank Kids' accounts (under Profile) is up to date.