M1
Finance
An investment platform that helps knowledgeable investors better control and automate investing, overcome frustrations with complex investment platforms, and achieve their long-term investment goals without paying unnecessary fees.
Why should you care?
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YOU INVEST FOR FREE
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YOU CAN BUY FRACTIONAL SHARES
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YOU GET LOWER COST LOANS QUICK
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YOU GET MORE EFFICIENT TRANSFERS
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YOU GAIN TAX EFFICIENCY
BONUS: Clients that open an account with M1 Finance through our website with a minimum balance of $1,000 are eligible to receive a free financial coaching session from our company, subject to account verification & availability of our coaches.
WHAT PEOPLE SAY
MICHAEL
The choice of securities like traditional brokers as well as the ease of use and automation of modern robo-advisors. I haven’t been this excited about investing since I first started over a decade ago, and I plan to use the service for a very long time.
VIKRAM
The nice part about investing with M1 is I can take out a low-cost loan on 35% of my portfolio.
BLOOMBERG
How much are you willing to pay for a robo-advisor? How about nothing? M1 Finance, a Chicago-based automated investing platform, has removed fees for all of its customers.
Why we trust M1 Finance.
M1 Finance has an A+ rating with the Better Business Bureau (BBB) (As of July 2020). Although M1 Finance is not FDIC insured (because it’s not a bank), the Securities Investor Protection Corporation (SIPC) would cover your losses (up to $500,000 per account) should the platform go out of business. Keep in mind that SIPC does not protect against investing losses.
Why we like M1 Finance.
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Invest for Free: You’ll never be charged commissions or markups on any trades, a platform usage fee, or to deposit or withdraw from your connected bank.
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Miscellaneous Fees: M1 doesn’t charge for normal platform use.
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Save on Taxes: M1 Finance uses a lot allocation strategy when selling securities to help reduce the amount owed on taxes.
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Buy Fractional Shares: You can trade a portion of a share when a full share of a company may be out of your budget.
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Flexible Lower Cost Loans: Access a portfolio line of credit at a low base rate, and use those funds for anything: major purchases, emergency funds, or portfolio leverage. Plus, you can pay back on your schedule.
Other things to consider.
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Ensuring that your account balance and usage is sufficient can help you avoid certain fees.
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Trading occurs during specific trade windows. M1 Finance is a long-term investment vehicle, not a trading platform, so the timing of trades is less important.
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Ensure that you set clear financial goals.