{"id":20284,"date":"2021-08-12T10:55:40","date_gmt":"2021-08-12T17:55:40","guid":{"rendered":"https:\/\/financer.com\/?post_type=company_single&p=20284"},"modified":"2024-07-04T11:35:16","modified_gmt":"2024-07-04T18:35:16","slug":"m1-finance","status":"publish","type":"company_single","link":"https:\/\/financer.com\/company\/m1-finance\/","title":{"rendered":"M1 Finance"},"content":{"rendered":"\n

Along with borrowing and spending options, M1 Finance offers an exciting combination of automatic investing and extensive portfolio customization. <\/p>\n\n\n\n

You can either create your own strategy or choose from 60+ pre-built portfolios<\/strong> referred to as “pies” (a play on pie charts). <\/p>\n\n\n\n

Experienced investors who want to automate their investment strategy while matching unique preferences, diversification goals, and risk tolerance, should use this adaptable portfolio platform. <\/p>\n\n\n

Open an account ><\/a><\/div>\n\n\n

How We Rate M1 Finance<\/h2>\n\n\n\n

At Financer.com, all investment apps go through a thorough research and review process. Here’s how we rate M1 Finance:<\/p>\n\n\n\n

Category<\/th>Rating<\/th><\/tr><\/thead>
Fees<\/td>\u2b50\u2b50\u2b50<\/td><\/tr>
Platform<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Features<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Transparency<\/td>\u2b50\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Customer support<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Overall<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n
<\/div>

Do We Recommend M1 Finance?<\/h3>Yes, we recommend M1 Finance as a reliable investment app. Skip to our full review below and see how we rate M1 Finance<\/a>.<\/div>\n\n\n\n\n

Want to skip the details: Jump to our final verdict here<\/a>.<\/strong><\/p>\n\n\n\n

What is M1 Finance?<\/h2>\n\n\n\n

M1 receives high marks for the platform’s overall low cost as it charges no fees for trading or investment management, putting more of your money to work for you. <\/p>\n\n\n\n

To assist you in determining whether M1 Finance’s robo-advisor is the best fit for your portfolio’s needs, we’ll take a closer look at it.<\/p>\n\n\n\n

Here’s a quick summary of M1 Finance:<\/strong><\/p>\n\n\n\n

Overview<\/th>Features<\/th><\/tr><\/thead>
Fees:<\/strong><\/td>$0 management fee, 0.06%\u20130.20% fund expense ratio<\/td><\/tr>
Account minimum:<\/strong><\/td>$100<\/td><\/tr>
Available Assets:<\/strong><\/td>Individual stocks, ETFs, REITs<\/td><\/tr>
Customizable Portfolio:<\/strong><\/td>Yes<\/td><\/tr>
Platform:<\/strong><\/td>Web, iOS, Android<\/td><\/tr>
Best For<\/strong>:<\/td>Seasoned investors<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Products Offered<\/h2>\n\n\n\n

M1 Finance offers the following financial products:<\/p>\n\n\n\n