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?
YOU INVEST FOR FREE
YOU CAN BUY FRACTIONAL SHARES
YOU GET LOWER COST LOANS QUICK
YOU GET MORE EFFICIENT TRANSFERS
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
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.
The nice part about investing with M1 is I can take out a low-cost loan on 35% of my portfolio.
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.
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.
Miscellaneous Fees: M1 doesn’t charge for normal platform use.
Save on Taxes: M1 Finance uses a lot allocation strategy when selling securities to help reduce the amount owed on taxes.
Buy Fractional Shares: You can trade a portion of a share when a full share of a company may be out of your budget.
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.
Ensuring that your account balance and usage is sufficient can help you avoid certain fees.
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.
Ensure that you set clear financial goals.