What is the minimum investment required to open an account?
Asked a year ago
The minimum investment required to open an account with Federated Investors Inc. depends on the specific type of account you wish to open. For individual investment accounts such as mutual funds or managed accounts, the minimum initial investment is typically $1,500. However, certain funds or investment options may have different minimums, which can be higher or lower. For retirement accounts like IRA or SIMPLE IRA, the minimum initial investment may be lower at $250. Additionally, institutional or group accounts may have varying minimum investment requirements. It is always recommended to check with Federated Investors Inc. directly or consult their official documentation for the most accurate information regarding minimum investment thresholds for opening an account.
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