Can I set up an Automated Invest account that I can transfer to my son/daughter when he/she goes to college? September 03, 2020 19:39 Updated No, but beneficiaries can be set up in the event of death. Related articles What’s the minimum amount to invest? Can I sell my positions on my Automated Investing account without withdrawing my money? Or, reallocate to a money market fund? Can I switch my Active Invest account to an Automated Invest account? Can I have a voided check for my employer? Can I request that my money be invested in certain stocks in my Automated Invest account?