Reviews of M1. (Bank) in Chicago (Illinois).

M1

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280 Comments

Bank

Financial institution

200 N La Salle St Ste. 800, Chicago, IL 60601, United States

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Information of M1, Bank in Chicago (Illinois)

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Reviews of M1

Tirzo Gortary

The idea of M1 is very promising, but the execution of setting up an account is questionable, and not transparent. I got very excited over this set up, portfolio (multiple pies, shares, ETFs, etc), checking account, credit card, and in the future savings account. Sounds great, but the execution is slow, and nerve racking. It's been weeks and I'm still not fully set up. Don't expect a customer service chat/rep to help you either, its all through email tickets that you can never figure out what they are as the emails are vague and they lack reference. With only two weeks+ in, and the frustration is enough for me to write this and warn new users. One of my brokerage accounts has been on hold, and the transfers, and the cash tied to it for some verification technicality that's taken over a week to sort out (I think it's sorted out). The transfers, internal, and external, are extremely slow. I have missed out on some many trades during buy periods because of this process. They ask to leave a review on their main page, so this is it. I will however, for the sake of giving it a second chance (it has so much promise), give it a little more time and wait for the dust to settle since I will consider myself a long term investor. Although, there shouldn't be so much dust when setting up a new account, it's supposed to be exciting, and new users shouldn't be wondering what is going on, with no transparency, or help. I probably will update in a month, if I don't actually settle for another brokerage, and end up closing my account before 2023. If you have the patience, and see the long term potential, try it out. If you want to move funds and execute trades quickly, look elsewhere. I really hope they improve.

Matthew Spurgin

Excellent platform, you can buy any fractional share, create a pie chart within a pie chart, I have 3 REIT's from large multi billion dollar corporations in one folder that I can set at 25% of my portfolio to provide a strong foundation, I have another section at 25% for high risk/high dividend yield, and then I have another 4 holdings between 10% and 20% respectively. Unfortunately I had to liquidate almost everything at one point and was able to do so in about a weeks time frame. they advertise 3-5 days it took about 10. from a Tuesday to the Friday of the following week. That was frustrating, however the great thing about this platform is I didn't truely have to liquidate, I was able to leave a couple dollars, in the portfolio so when I was able to refund the account the following week, all my holdings were still there in the same proportions. I didn't have to go looking up ticker symbols and recalculate percentages. I simply withdrew 95% of the portfolio. and two weeks later I put back what I could. I'm still recovering from the situation that caused that financial emergency, but I have also now figured out how to use the auto-invest feature. so I have set up my portfolio to the proportions I want and now hopefully won't have to really even look at it for a few months unless I get bored/curious and just want to. I like the data analytics and the way the information is presented. I like that they offer crypto now, I wasn't a big fan of coinbase and recently quit using them and was looking for somewhere else to go. now I can have my crypto and investments in the same spot. Also being 28 years old and planning to change careers it's time for me to start considering an IRA. But I don't want to go through my employer just to go through the hassle of changing things a month from now. and then again next year when I change jobs. I also just applied for the 2.5%APY checking account. My current bank is a disaster to deal with and since I'm already using M1 for everything else why not go through them for a spend account as well, it is a great account in and of itself and to be able to have all of these things in one place has changed my whole outlook on finances. I don't need to go into a building every few weeks when I run into a problem. I can setup auto investments, and earn 2-2.5%APY on the money in my spend account and have everything else constantly earning me dividends basically as soon as I get paid. And having my IRA attached to my regular banking app makes it that much easier to keep track of as opposed to having to go through an employer or another banking institution. I would highly recommend M1 Finance for anyone looking to get control of their finances.

Alvin Andujar

Amazing for what it does. If possible can you give an option to delete some of the accounts you open up. Ex. If I opened up a Taxable IRA and realized ok maybe a Roth IRA is probably a better choice for me than I can delete the Taxable IRA after of course there are no funds within that Taxable IRA

Charles Corral

I love using m1. Great app, solid product. I get great value from the m1 plus membership. Would like to see a tablet app in the near future.

Timothy Peak

The best investing platform I have come to use yet. Ideal for set it and leave it investing, with its automatic balancing and reinvestment of dividends. It is a fantastic platform to work with.

Prince T

Great platform and investment strategy. Just needs more information on the holdings dividends. Doesn’t provide info on ex date and data points like that

Jeffrey Donham

I was looking for a platform to automate my financial life. I found M1 and couldn't be happier! Investment, checking, and credit all in one package. Managing my money used to be so time consuming. Now I just let the rules I setup do everything for me. I can now spend those mental calories on other tasks and my money takes care of itself. It's perfect. The credit card is awesome! The borrow feature let's you be your own banker in literally seconds. 100% recommend if you want simplicity and automation for your finances.

Jesse Marquez

Beautiful appearance. I love the pie charts. I would give it a 5 star except, the mobile app needs some work. Every time you go to the news articles in the app and then press back. You have to sign back on, ALL the time. It would be nice to have it set up to give you a time out warning. The moving of stocks around to other pies or just simply organizing all your pies is a pain in the neck, in the desk top and mobile app. It take some work and YouTube to figure out how to move things around without causing a tax event. A simple drag and drop into and out of pies would be an amazing tool, especially for beginner investors. Edit: Thank you, Thank you, you peeps did an awesome job listening to us about moving slices, without causing a tax event 5 STARS! Keep improving and being awesome

Corey Cole

M1 Finance has been extremely easy to use. When I do need to reach out to their support team, the results are both fast and correct.

DJ Buell

M1, where have you been all my life? Keep up the good work. FYI; I would use the Rewards Card much more if it had Plaid integration.

Sai Lor

M1 Finance is AWESOME! Super easy to use and navigate around. I've used many different platforms and I honestly have to say that M1 finance is one of the best out there!

Kevin Rizy

I have been an M1 customer since July 2019. I started with $100 in a taxable account and have since built my portfolio to several thousand. M1 allows you to invest in almost any stock and fund traded in the US with no fees and commissions. Last year, I rolled over a 401k to an M1 IRA and the process was smooth. I had to reach out to customer support and they were really friendly and knowledgeable and helped me understand the process. With no fees, my IRA will have a larger balance at retirement than if I kept my money with the other broker. I would recommend M1 Finance to anyone who is interested in investing in the long run or saving for retirement.

Stephen Mayo

I already love this website. I wish there was a slightly different way to have portfolios, which they call "pies." I'd love to be able to have "pies" totally independent from each other, and haven't figured out how to do it, yet. Having said that, I think this is a brilliant site.

Billy Wooten

I love this setup, it could be as good as betterment. However, their recurring transactions for automated investing leaves something to be desired. For that, I'm taking off one star. When seeing up a recurring transaction you can't see the scheduled dates, and it uses a "this week" or "next week" system. I'd like to just put in a start date, the amount I want to invest into my pie and then see the schedule for all my dates for the current year. Most brokers have a feature like this.

Gaurav Maithani

Decent platform for investing as it automates a lot of stuff but there are many gaps. (1) Trading window should not be limited to 2 times a day. (2) The numbers which show the growth of a portfolio are misleading. They should be more readable and sometimes show way higher appreciation than what the portfolio actually earned. The numbers doesn't seem to give the real picture easily.

Ted Perez Jr

M1 Finance gives me control of my investments. Especially like the fractional option for purchasing stocks. Fairly easy to walk through the many different options. Using their already made pies to invest. Short term, long term, dividend payments, education investments are among the many features to utilize.

paul mills

A former user of the Ameritrade platform, I had been extremely disappointed with their high trading fees and eventually left them for greener pastures. Since trying M1 I was thoroughly impressed. While not having all the bells and whistles of other trading site, I have been extremely satisfied. I never used most of those extras anyway. A simple, easy to use and straight forward platform is all I need. Thanks M1.

TNF

Love the ability to autoinvest and set up your portfolio with ease. The ability to link the credit, checking, and investing all into one seamless platform is nice as well. The smart transfer Rules and makes it so Rewards from credit card can go into the investing portfolio, which can feed or be fed by the checking account, which can autopay the credit card balance all without me having to do a thing after it's set up.

Cory Alan

I must say the platform, customer support and over ease of use is ideal for any beginner. I am impressed with the customer support on my issues and questions and response time. Great fractional share investing platform.

jaxx Melton

Amazing App! Better than the competition. This app has everything I was looking for in an online brokerage. Easy to use but with very useful features. The user interfaces is very clean. Opening an account and funding the account was a very fast and easy process. This app is a must have for those that want to invest in their future. Finding and Investing in stocks and funds is very easy.

Jimmy Cardentey

I love M1 Finance's platform. I don't like the idea of having to allocate my own money every time I add into my investments. I want to be able to set up automatic transfers to my investments, and have them get invested. M1 Finance has done a great job at that. Love it!

McHubble

M1 Finance in my opinion has the best interface on their website and app. Their portfolio system makes people with OCD when it comes to organization very happy. I do really like this app and plan to continue to use it. But here are a few issues. - The trade window, while I understand it reduces costs, really sets M1 back from other brokers who also have no fees but you can by anytime of the day which is very useful during times of volatility. This ultimately makes it difficult not to have another broker like Fidelity to but stocks short term. - Another issue I have is the lack of customer service, I know they are making steps to improve this, but the most fundamental thing people want is security with their money and until it's easy to chat with someone via the phone or online chat it has to be a knock against M1. - Moving positions between pies is difficult and should be much easier. Also M1+ isn't really worth it right now. Maybe if it was used to provide in depth research on companies and access to option trading it would, but right now it isn't worth it in my opinion. Anyways, I hope M1 takes the constructive criticism as that, because I'd love to keep using this app and just want to see it improve.

CarlosandKristina Galan

The use friendliness of this program is amazing. You go in, take care of what you need to and DONE! When you consider how much of your hard earned money goes toward a financial advisor, this is a great option. Very excited to have found this.

David Amaro

By far one of the easiest apps to use for investing. The pie system, ability to buy fractional shares, and passive investing definitely make this my favorite investing app. M1 makes dollar cost averaging easy.

Kerry R. Malakosky

I've been a client with M1 Finance for more than a year. I think this is a great company for any type of investor and especially for those like me who desire to invest in stock increments. So far, this company does as it advertises and is easy to interact with. I love the new site design. It's colorful, easy to read very well designed. Keep it up, M1 Finance.

Paul Leigh

Have been using M1 for a few months and seems like a great easy to use and understand platform for building wealth and great as an introduction to the stock market. The only slight concern I have is that as soon as I started my account I started getting messages from M1 about the ability to get a loan with my portfolio as collateral. I have have many many brokerage accounts throughout the years and that is the only time one has said here you can take a loan out now. Just a little concerning, but then again other brokerages give you margin to day trade even if you have bad credit, so is it that much worse? I guess only time will tell.

Robert Finch

So far so good.....With a very negative market now, I am holding just fine, and the less I tinker with a good thing, and let it run, the better off I am....I like the opportunity to give ETFs in the international market, emerging markets a good source of balancing the portfolio. It takes a bit of focus to understand M1, but the more I see and get used to it, all becomes much easier.....

Jason Barker

Great app for set it and forget it dividend investing. I would like to see M1 add the ability to easily move your stocks from pie to pie without the need to sell and buy which causes unnecessary taxable event. This is a much needed feature and I would make this a 5 star app.

Blake Galbraith

As someone who is blind, I was initially concerned that I wouldn't be able to make use of M1 Finance, but I was able to sign up without any initial deposit or obligation, and found that I was able to create a portfolio that I wanted. Some items aren't the easiest things to use with a screen reader, but they work well enough, and I love the balance between an automated investing approach, and one you can do yourself. So far, this is a great platform, and unlike others, it's not only free, but has a small minimum deposit, which makes it more attractive for me, being in a low income situation. I've been investing and experimenting for a bit over a week now, and so far, I've been enjoying it greatly. This is a fantastic platform, and I'd definitely recommend it to anyone seeking to invest money for themselves.

Eddie805

Great for long term beginning investors looking for auto investing and fractional shares. An important aspect to realize is that you will be limited in your flexibility to trade right when you like. However that enables the fractional shares and no fee investing. I would like to see a better research functionality to pick the new stocks or funds. I have to use other platforms for that. Happy investing!

Adam Palmer

M1 Finance is a great way to place your investing on autopilot, with automatic monthly transfers schedule from my checking account to my M1 account, I have continued to watch my account build value. Moreover, the app allows anyone to establish a portfolio that is well diversified, while also providing the account holder to rebalance the portfolio by literally touching one button. Success is made easy!

Niranya Inkham

I just started my first pie this year more I pay attention to what is in the pie, more fun I have with the investment. However without M1 app then I won't be able to do this easy task. Thank you, I enjoy it.

Nnika Tinney

I love the app and the ease of investing through fractional shares. I like the rate of return I get with my checking account and the ability to borrower against my investment account at a super low rate. The customer service when needing to speak to a representative however leaves much to be desired! There is no representatives available after hours nor is anyone available on the weekends. I just sat on hold trying to reach an agent for over 15 minutes and ended up having to request a callback. The other thing I don't care for is that you cant do a wire transfer from your spend checking account. You can only do a wire from your investment account. Which means you would have to sell some of your positions.

Michael Huynh

This is one of the best if not the best platform out there. My kids now can put their money in and do not have to worry about how many share they can buy in one company. Instead, they can have a hundred. For those out there who have problem transferring from another brokerage, I suggest you cash out first then put your money into M1. This is may be another way with less problem. I understand they don't have a very top service people to people. Hopefully with time, they will make more money to hire more professional people.

Eric Turner

I love M1 Finance for long term investments there is nothing better! Low fees, plenty of diversification with their ETFs. I chose them because they have Paul Merryman's diversification and that cannot be beat!

SCS

So far, I love it. Easy to use. Easy to set up. Easy to read. You can invest as a part of a whole.... great to use and I look forward to using it for a while. Glad I found this option. I was tired of using things that would nickel and dime me before I even did anything. I find myself not wanting to even invest with my normal accounts even if I pay $9 a trade. I like that I can set up multiple accounts and have different portfolios with different break downs.

Jackie Chim Chim

I am new to M1 since August, and so far I am loving it.

Binoy Thomas

i like very much the aap , i am wondering when i can start investing in crypto through this platform . i hope not too late

James Monahan

This is a wonderful platform. Once you learn the ins and outs of investing and realize that day or swing trading is not viable for the average investor. M1 becomes your best friend. Its low cost platform allows you to build your portfolio with fractional and automatic investing. The borrow features and checking account features are amazing as well.

Andrew Chinnes

UPDATED REVIEW: New smart transfers truly make this the ultimate finance app/platform. Setting threshold numbers for moving money enables me to focus on what to invest and spend on, and not waste time on when and where to move money. Also, I LOVE borrowing at 2% interest. Absolutely incredible as a leveraging tool for investing or as a temporary emergency savings. ORIGINAL REVIEW: PHENOMENAL investing platform. Very flexible and powerful once you understand how to use it well. Customer service is very patient and knowledgeable.

Ricky Griffin

I have been using M1 Finance for a little over a month now. I have to say I am really impressed. The fact that you are able to buy partial shares is just mind blowing. I am using it for longer term(investment) holdings. This is not something that would work for day trading. This is not a problem for me since I have another account I use for day trading. So give it a try as you will not be disappointed.

Luke Anders

This is the first long term investing app that I have used. It does everything that I would want it to. I can create my own pies and diversify how I want, whether it be focus on dividend earners or long term bonds. I can rearrange my pies and portfolio every day if I want to. They show what my pie looked like five years ago and how it would have grown if I'd invested in it 5 years ago. They also offer great expert pies which, in the last month that I've had the account, have grown the most. I do not think that I will use any other investing service.

Jason Foster II

The best Long term investing platform there is! Easy to manage and love how they offer fractional shares. Building a dividend portfolio is easy. Also love how transfers from the bank to portfolio go in 1 business day (same day). Auto invest makes it simple to buy shares of stocks in your portfolio. Simply deposit and let the system do it self 💪🏽

Walter Holm

Getting started was a little slow and the Pie's and their layers take a bit getting used. That is the reason I removed 1 star. Once you are in and figure it out, it is very powerful for buy and holders and long term investors! Hands down the best I have had so far. The auto re-investing and rebalancing works very well. This is not for day trading, this is for dividend re-investors and long term investors that want their account to work almost in automated fashion.

T

A few years ago I stumbled on M1 and invested a small amount. They offer a comprehensive website that is easy to use and easy to understand. The cherry on top is the out of this world customer service. I use their credit card that offers excellent cash back and they allow you to borrow at a very low rate. I have now invested a much larger amount with them, they have earned my trust and business. Check them out, definitely worth a long look.

Jacqkis Davis

One of the best investment tools out there. I enjoy the UI and the customer service.

Kevin Duncan

Makes it super easy to manage your portfolio because it does it for you. You just set it up and let it go. It's easy to see the unrealized gains and the performance of each holding and the full portfolio. No fees, no day trading. This is the place to be a long-term buy and holder.

Kenneth Purscell

It took a while to set my account up to where I'm comfortable, but I'm pretty happy with M1 Finance. The advantages? Incremental investments, so I can own partial shares. Automatic investing, so I don't have to decide where the money is going to go. No fee service on investing, so I don't have to accumulate funds to make a trade worth it. What slowed me down was the process of dollar-cost-averaging in two more securities into my pie. The new issues were always underfunded, so I automatically missed an opportunity when one of my regulars quivered just a little.

James Vilcheck

I highly recommend M1 Finance for anyone looking to start investing in the stock market. The ability to purchase fractional shares is fantastic for the more expensive stocks, and no fees on top of that is just icing on the cake. They also have Roth and regular IRA's available also with no fees and the ability to pick and choose your own funds and stocks. Their app is easy to use and understand on both my IPhone and my home computer. If I could suggest any improvements at all, it would be to allow more than one ability to buy/sell stocks daily to free customers. In my opinion, their paid premium service does not offer enough to justify the price they currently charge. I also with they had a round-up function available like ACORNS or Worthy Bonds. Overall, a great company to deal with.

Mike S

Overall fantastic robo-investing application. Love how easy it makes deposits and withdrawals while keep to your desired diversifications. My only feedback to make both the web portal and application more seamless is to not switch pages when jumping in/out of various slices. It would be great to see a drill down or collapse/expand structure implemented.

Bob Jackson

I can't start a portfolio. How to do it? It is impossible. I can't edit my pie percentages on Web or on my Cell. Nothing works. I'm tired of this. I can't even get started. If I don't figure this out soon, I'll quit and try some other way. 3-9-21 Well, finally M1 does work. The trouble was getting setup. After I funded the account, everything was easy! Now I like it fine. I'll remove one star for my hard beginning experience.

Nate Burnett

The biggest downfall to using this app, is you lose valuable buying/selling times with only 1 trading window a day. Even with the upgrade, you’re still at 2 trading windows a day and at the mercy of whenever the software buys/sells for you. This was a go to app for me as far as the fractional shares, IRAs and fees, but now competitive apps have implemented fractional shares, real time trading windows throughout the day, & auto buy/sell settings. I can’t see myself continuing to be with M1 finance if competitive apps open IRA accounts with the same fee structures and M1 finance doesn’t compete by better trade windows. I do like the interface with M1 compared to others but at the end of the day, I’m losing on my investments due to the trading window ordeal, and that’s frustrating.

Hans Overton

By far the best broker I've come across. I use M1 Finance because it allows me to buy partial shares. This means you invest by dollar amount instead of by number of shares. Trading is free. The site is very easy to use. You invest by building "pies". You can have one slice (investment) in your pie or many different slices (up to 100). You can have pies within pies. They even have expert pies that you can pick instead if you don't feel comfortable building your own. Transferring from my old ROTH IRA provider to M1 Finance was simple. Customer service has been quick to reply. I really love this company!!!

David McCallum

A good platform to manage my own portfolio for long term investment. Would be great if they would add the ability to connect more than one external account to their Spend checking account to facilitate accumulation of investments from multiple sources.

Solomon Kioni

For many years I wanted to trade in the stock market but was always afraid not only of being ripped off by brokers, but also the exorbitant fee they charged. M1 finance gives me confidence and even though I am still learning more about trading they make it so fun. So glad to find you!

Weston Weston

M1 Finance has a fairly user friendly platform but if you have questions and need to speak to company representative to assist you, you are on your own. There is no phone number to call and speak to a representative to discuss your questions or concerns. Your only option is to email the M1 Finance "customer service" representative and you will receive an automated response indicating they will follow up with you in one business day. However, my experience was that the person followed up with me close to a week later with a not clear response that left me having to email back to seek clarification. Perhaps other M1 Finance customers will not have questions about their account and therefore will not need to reach out to customer service. But, if you do need assistance beyond what you can do yourself online, please know that my experience on more than one occasion has been that the "customer service" aspect of this company is suboptimal. Many companies without brick and mortar locations aim to have excellent customer service, this is not one of those companies.

Austin Le

i love m1. they make it so simple to use and invest! I love the fractional shares so I can customize my pie and distribute my investments amongst all my securities. BUT one thing I think they should consider changing. I think the way they calculate returns should be changed. It's a money-weighted methodology and I think that it's just too complicated. I believe they should change this to just measuring the gains of the security in that day, to reflect your earnings.

Savanna Jackson

My favorite brokerage out there. The market has many trading platforms out there but M1 is perfect for anyone looking to hold long term for dividends or a Roth. The M1 Spend (checking account) works great with the M1 Individual (Brokerage) for automation or staggered transfers. A solid product, 5 stars.

Justin Knichel

M1 Finance makes an excellent product with an incredible value proposition. There are not many other institutions offering easy access to the services that they provide, let alone at the price point that they are offering those services at. Not only is the product remarkable, but their service has always been second to none for me. I would absolutely recommend M1 Finance for anybody who thinks that the platform is a good fit for their style of investing and wealth-management.

John Davis

I have seen good reviews of the app by several trusted references. I decided to try M1 based on their recommendations and I am well pleased with what I have experienced thus far. Thanks for making it affordable for me to invest with the partial shares made available by this app. I look forward to doing business with M1 for a long time and watching my investments grow.

Stephen McCullough

This is a great tool to use. I have enjoyed it. There are two items that need to be addressed with the programmers. First, is the fact that it is not very easy to move slices into other pies (or more specifically, equities into another slice). There really should be a “drag and drop” feature. You should not have to sell and buy equal parts of an equity, nor should you have to call M1 Finance customer support to make that transaction. Second it would be nice if there was a “auto invest feature” that allowed you to keep a certain percentage, %, in cash rather than a $ amount (yes you can calculate that on your own). This is great for customers wishing to have a cushion of cash to automatically keep as purchasing power during corrections. Additionally, with that, it would be beneficial if there was an “auto invest above $X.XX amount above cash value” attached to that. This would be beneficial with regards to avoiding “excluded buys”. If you have a portfolio with 5 or 6 slices, with each slice containing many equities, and the user has “auto invest” turned on with M1’s current algorithm you will find that many times there are excluded buys that can’t be avoided and are never purchased even after many weeks of “auto invest” turned on. Having a large “minimum auto invest” dollar value selected will allow M1’s algorithm to accurately execute the dynamic rebalancing feature in a slice that is highly divided. For example, with a $10,000 cash + equity account it would read….“Auto Invest” -- “Auto-Invest ON” – “Minimum Portfolio Dedicated to Cash = 15% = $1,500” – “Minimum $200.00 Auto Invest”. The $200 could be user variable. With this methodology, auto-invest would execute only when there is $200 greater than the 15% cash mark; i.e. meaning that the auto-invest algorithm will only execute $200 buys at a time only (in increments of $200 dollars or greater) when 15% cash has been achieved. In the past this was not an issue, when the minimum buy was $0.01. Now that M1’s minimum buy is $1.00 there is much more of a likelihood of excluded buys over-and-over-and-over of the same equity. The only way to avoid this is to manually purchase the equity in the slice, but this defeats M1’s intended dynamic rebalancing benefit.

Sammy from Alabamy

M1 Finance is great for new and seasoned investors alike. It is so easy to use once you get the hang of it. I like their fractional shares and reinvestment of dividends and many more ... And did I mention all for Free. Who doesn't like apple "Pies"?

Shaun Jones

M1 has a very slick interface and works flawlessly. I look forward to investing with them. The biggest issue I'm having at the moment is trying to find my referral link to send to my partner, but there are worst problems to have. We'll figure it out ;) Cheers and happy trading Tout Le Monde!

Tony Copeland

Always wanted to be able to invest in stocks on my own. The site is very informative and user friendly. It takes a little effort to figure out the different categories but it is well worth the effort if being an investor is your goal. Great for beginners or those with some knowledge of the stock market. Using the information provided will help you learn and grow.

James Van Anda

A great program however does not offer a DRIP option. M1 is more for the "set it, forget it " Type of investor. However they do have a feature that I liked a lot and that is the "expert Pies" that you can invest in. A "pie" is a bunch of stocks or EFT's that are "slices" and depending in what you want, different "slices" are put together to make a whole "pie". You can make your own or go with their pre-made pies. A good service, but missing the DRIP option, which I need.

Erick Nyamwange

M1fiannce is the best tool I ever found to invest online. Very extensive, educative and user friendly. It allows me to control my investment portfolio and has been a blessing to me. I have always made money on this platform since I joined 2 years ago. I look to scale up for the long haul.

Stephen Lowenstein

Simply great! The fact that they buy fractional shares plus give access to proprietary portfolios is fantastic. Setting up my account was seamless and the interactions I’ve had with their online customer service has been highly efficient and responsive. Finally, I like and you their automatic investment feature.

Terry Roberts

I love M1! Has the benefits of robo-investing without the account fees. Plus 3.5 % or 2% for margin loans!...I do have one recommendation to improve the platform, allow user to make limit and stop orders during the trade windows.

Dar Riturban

I was in withdrawing an RMD for tax purposes and, since I rarely withdraw, needed assistance. When I called, the customer service person walked me through the steps and aided me in the steps as well as indicating the proper distribution type. He was professional, patient, and much appreciated. Any time I have needed assistance, i.e. transferring between accounts, M1 personnel have always been of valuable help.

Phillip “BaeWater” Licause

Super useful app. I find it much easier to invest freely with my more modest capital thanks to the fractional stock purchases. M1 maintains my pie chart while I choose the stocks and balance I like. Have yet to run into any bugs and the one small problem I had with my card was fixed immediately by the help team!

Bobby Goodman

The user interface and dashboard are very easy to navigate and the investment pies that are offered are a great bonus. The research is easy to understand and their support staff is great. M1 continues to broaden their product lines and they hit the mark. I prefer M1 to the other self-investment resources in the market today.

Brandon L

Excellent platform, great for those looking to create their own "fund" by adding whatever stocks, bonds, etfs, etc. you want and controlling the spread with fractional shares. Probably not the best for short term investments or day trading as they only trade 1-2 times a day to keep costs down so that customers remain fee free. I think the research sections is great, though I would like to get some more in depth research tools, possibly back-testing tools would be awesome, but hey its free so no complaints.

Don Nguyen

M1 Finance is a commission-free investing platform. It's great for long-term investing, dollar-cost averaging, and investing in partial shares. All orders are executed as market orders during a trading window. There are no other order types such as limit orders. This keeps the costs low. You can set up your own investing pies which is kind of like creating your own ETF. You can also open a Roth account. I love investing on M1 Finance.

jacob stroud

M1 Finance lets you manage your investments from a top down point of view. Best app for long term investors and for dividend investors. The only thing that keeps it from being a 5 star app, is how long it can take to fulfill orders, being that all orders are market orders. Unless you're doing some day or even swing trading, M1 Finance should be your go to!

Jonathan sylvain

My Gen has become real traders. Do to fee free apps like M1 (The best out of all of them). Thank you for welcoming us to the party by making your app so EZ to use.

J.T. Smith

Long-term equity investments have never been better. No fees. Fractional shares, automatic deposits, automatic balancing, easy portfolio management, great stock research features. I'm so glad I found these guys a couple years ago, and now we have my wife's retirement funds housed here. Just great!

Daniel Zakrzewski

First time investor here. I love the app, easy to use. Easy to organize and pick what you want to invest in. Great job. I love it. Very happy with the pick. I looked at other apps but m1 was my choice and I'm very happy so far.

chris paul

I've been using M1 for 6 months now and while I really like some aspects of this investment tool, it is seriously lacking in others that are making me think twice about keeping my money in here. The research tool is great and enables you to research by market cap, PE, Dividend, industry, sector, and lets you sort them. However, I wish this could go more in depth to include more specifics like balance sheets, cash flow and income statements. Their charts are OK and tell you when dividends have been paid back to 5 years. You cannot use them for much more than that. I love the ability to make "Pies", It's like making your own little ETF. and it tells you the dividend and avg return yield which was very insightful. You can make multiple investment accounts. MY BIGGEST PROBLEM WITH M1 is that they only allow for one investment window. WHY?? I truly do not understand why this is and it's my least favorite feature of M1. I sold my position at this time and at this price, it should not be my problem that it takes you a while to perform this action. ALSO it's important to note that when you go to sell your stock/investment you will not get the price at the time you sold it. It will all depend on when your transaction goes through. I've definitely lost out on money here. Lastly, there is not option for options trading. This site is for the low and slow investor. I am a little more hands on with my investing style and will hold positions anywhere from 1 day to multiple years. It's a great tool and I will continue using it for an IRA and positions I plan to hold for 1 year or more but I plan to eventually leave if some of the above is not fixed. There is also no way to receive notification on stocks you are invested in. I wish there was a way where I can be told when my investments are reporting earnings or have important news articles which I should pay attention to. Anyways, take this for what it is!

Adam Lopez

Great Bank and Investment Portfolio! Customer Service is there to help and actually cares about helping their customers! Terrific experience, keep up the good work!

j dunbar

Great Broker !! For beginners and veteran investors !!! Love they have fractional shares and the pies make it super easy to put certain percentages into places you want !! I hope the more it grows the more we will have access to trading our portfolio when we want ..currently if you don’t get M1 plus you have 1 time a day around 10am that your trades will happen .So in the event of you wanting to get out of something fast or get into something fast it will have you waiting till the next trading day ..It’s growing just passing a billion dollars invested so I hope they can give us more control over the shares we own !!! Other than that this is an amazing platform and makes it super easy for anyone to invest !!!!

Journal Entries

Great service, yet the only downside is not being able to speak to customer service rep when needed.

Robert Burkey

I was skeptical at first, it seemed too good to be true, but I am liking M1 more and more. I set up my pie, and invest a fixed amount each week and watch it grow. I would never have been able to afford to get a little piece of expensive stocks like Tesla any other way. I still have a brokerage account at Vanguard, but M1 is an important part of my investment plan. I even got my girlfriend autoinvesting. Nice!

Clayton Bellinger

The website layout and portfolio builder our outstanding. I really like how easy it was to build my own portfolio using the pie slices. Its like building your own ETF. I would like to see a dividend tracker added soon.

Justin Ray

I’d give a five star as I overall love this app. I’d love for them to add a couple things and I’d for sure give ‘1 Finance 5 stars. First, they should make an option to limit orders or otherwise known as the maximum price you’ll buy a stock for. Next, both windows should be available to buy/ sell in, instead of only getting the opportunity to buy/ sell in one of the two (10am or 3pm). Last, I wish they’d shorten their buy/ sell window or give you an estimated time they would complete your trade. I’ve had multiple stocks increase dramatically due to M1 finance trading the stock near the end of the morning window instead of the beginning.

Steve Johnson

Amazing. You can have a diversified portfolio with $100. This is something you can't get with a standard brokerage account. M1 is just awesome, it gives the opportunity to everyone to start a real market account with whatever you can afford. Trades are FREE, even the best prices are about $5 a buy and sell, so this allows you to learn with REAL money. The only drawback.....you can only buy & sell at 9am central standard time, this means you can't sell when there is a 3pm run on your stock of choice, but this is a small price to pay for free trades and a fully diversified portfolio with fractional shares. HIGHLY RECOMMENDED.

Peter M. Abraham, BSN, RN

Our financial planner was charging us 3.5% up front to invest the money my wife and I have earned. That's $35 on every $1,000 invested. That's a very large fee considering that in a down market, you start off losing money before the money is invested, and even in an up market may have to wait a year or more to gain that money back. M1 Finance has no fees to invest the money you earn. The user interface is very easy to use. The main two reasons for the 4/5 vs. 5/5 rating is that support is via email only and often with delayed responses, and it can take several days to connect your bank to M1 finance. Furthermore, on the bank connection. If you have several accounts with M1 Finance, and connect the ONLY bank you will use to one account and verify that the bank works, you cannot automatically connect the same bank to the other accounts even though the bank was verified. So this can add more delays (i.e. you may have a Roth IRA account, a joint savings account, etc.) and each one requires a bank connection that needs to be verified. Otherwise, the experience to date has been 4/5 stars.

Chuck Chukwunonye

WOW! This is the best brokerage platform I've ever come across. Honestly, you cannot go wrong with this platform. In my opinion, the GOAT brokerage platform! I have used quite a handful of platforms (including roboadvisors) but none is as impressive as M1 Finance. The moment I started using M1 Finance, I transferred all my securities from my brokerage platforms into it. It was the perfect platform for me because of its unmatched simplicity and flexibility. The amazing thing about this platform is the 'feeling of control' it gives its users. You don't need a portfolio manager with this platform. Just like these managers, you can create and manage your portfolio without having to worry about high advisory/management fees. The most important feature of this platform is the ability to use very small amount of money to buy fractional shares of an expensive stock or fund. Most brokerage platforms won't let you do this. Confidently, I can say that i'm fully in control of my money, future and destiny with this platform. Best of all, it's absolutely free! What more can i say but 'Thank you', M1 Finance for making investing so much easier and affordable for average investors like me.

Sam Matsoukis

I've been investing for over 20 years. I've enjoyed how trading costs have come down over the years. M1 Finance has perfected the trend with zero cost trading. Moreover, M1 are not the only zero cost trading platform. The idea of nestable "pies" of fractional funds or stocks, automatic rebalancing, links to my bank account makes M1 near perfect for a small investor like me. There are also cash management techniques to allow FIRE minded investors to switch from accumulation of assets to consuming assets. There is one FIRE metric I track on my portfolio that M1 (and other brokers) do not offer. The cost yield for my stocks and my pies would If M1 could add tracking of my portfolio cost yield over time, the M1 platform would have all the features I could possibly want. Thank you for a great product, I plan to use for years to come.

GQE 224

Love the App and have recommended it, as well as do videos on YouTube about it. It is a great app all around. My 1 gripe is the 10 minimum purchase. At times it makes it difficult to take full advantage of the fractional shares when I click on a stock to buy some and the minimum is 10.00. If they changed that, app would be perfect.

Windie Wells

I love having everything readily available at my finger tips. Wish the system would improve to show beneficiaries listed under the account once assigned. This is something the developers should include to enhance. However, outside of that the app is extremely user friendly and easy!! Open additional trade windows please without having to upgrade!!

paul landon

A great platform to get into investing without steep trading costs. Easy to start and see what you are doing. Literally can start with any amount of money too. I really enjoy it and it's a great gateway to the investing world. That being said, as it is a young company it lacks some refinement. The website and app can be buggy at times. The charts and numbers are also great for novice investors as they are easy to read, but do not have a lot of detail once you start going to an intermediate level trader. Also take note that this review is for a long term investor as short or single traders cannot survive in the one trade a day window

Berl Kaufman

I've been recommending M1 Finance to everyone I know. They've finally cracked the code for a comprehensive investment solution. First, their offering is free (they have an interesting and surprising revenue model that does not involve advertising). You can't get better than free. Second, they have a very comprehensive offering of investment choices with complete transparency into the underlying assets. I am really a fan of their Expert Pies, where you can select from a large range of offerings. For those who don't want to worry about strategy, you can just set it and forget it. The one thing they lack in this area that Personal Capital provides is a streamlined way of matching your goals and risk tolerance to an investment strategy and keeping it up to date. But you can pay an advisor on ala carte basis for this service. Third, they've automated much of your banking by linking up with a traditional bank for a number of services. Fourth, they've got this slick loan arrangement, where you can borrow at just 2% using your taxable account as collateral, as long as it's invested i securities (as opposed to leaving it in cash). It's essentially an LOC, from which you can draw up to 35% off of that account. Since it's simple interest, you can only pay interest on what you've actually borrowed and it's recalculated every month (I think that's how it works). Way better than an amortizing loan. The only problem I've had is in transferring accounts from other brokers. There's no mechanism to show the progress of the transfer, and if something goes wrong then it can take weeks. That's not really an M1 issue (it seems to be more of a regulatory matter that prevents electronic movements of securities between clearing forms), but M1 could do a better job staying on top of the workflow and updating their customer dashboard. Also, the process of shifting investments around can be a little confusing, but works pretty seamlessly once you get the hang of it. All in all, a great experience.

Jason Rowton

M1 has the best finance platform out there if you're looking to keep things simple. They by far have the best user interface on the market and have really thought through the best ways in which to automate and streamline your financial transactions. M1 is favorite company, period.

Kelly Johnson

I love this company! I don't have much money so I invest in partial stocks and it's so easy. The web and iPhone app are so intuitive and easy to use. I don't consider myself a veteran investor but with M1 Finance I've begun my retirement savings from the ease of my couch without the need of a broker and those fees. Thank you! And when I become a millionaire I'll come back and update. haha.

Todd Riley

Easy to use platform and I like the pie concept however I wish there was a Dividend Reinvestment Program (DRIP) option. When I deposit money I like it being distributed via the pie but I like dividends to stay with the company.

Tom Schaber

I believe M1 Finance is the best brokerage - hands down. First of all, you don't have to deal with an Investment Advisor who "earns" money by giving cookie cutter advice and executing their cookie cutter advice. But more importantly, you can buy/sell securities with one request; M1 Finance will buy and sell multiple fractional shares. In addition, they are the ONLY organization that will allow automated Sell orders. A real feature when one is taking RMDs and holds multiple securities that need to be sold proportionately. Keep up the good work M1

Tyler Brown (TB)

This is a great platform for people looking for mindless automated investing. It's a set it and forget it type of UI and that sort of simplicity is very much needed for individuals that are uneducated in securities investing. Customer service is top notch and extremely responsive. I highly recommend for anyone interested in automated investing.

John Lund

M1 is great. It allows you to have all the stocks you want even if you don't have alot of money. Website and APP work great.

Michele Whitney

M1 doesn't charge fees. Individuals are investing with a solid company that survives off of interest on cash in different forms such as securities and margin loans. I have faith in this company and hope that it will continue to provide service to investors, especially those who are just starting out. This is a great product to introduce youth to the world of investing and also great for seasoned investors!

Sohaib Akhtar

Great concept but some flaws (not as many as RH). 10am purchase time only? Transferring back to your bank account takes way too long, they like to hold onto money to make more loans. Chart of a stock automatically flips sideways and zooms in too much. Can’t edit out what companies you want in your pie, just have to use that expert pie with their preset stocks.

Michael

I really like their concept of building pies with stocks and ETF's and adjusting the percentages along with automatic investing in those pies. Lots of flexibility when in comes to investing into what you want to invest in. If you like asset allocation this is your dream site. They also do not charge a lot of fees however I do believe they charged me for a transfer I recently did so be careful with hidden fees with them. Also, where they really fall short is their customer service and communication. You are really on your own with M1 Finance. If you are looking for support and quick responses you will not get that with this company. I really love their web site and layout and investing concept. Because of that I moved my brokerage account from Robinhood to M1 Fiance. I decided not to move over my Roth IRA due to the lack of communication and support.

Brendon Johnson

Excellent Robo Advisor platform. Features are very specifically designed and do not meet the needs of all investors, but are suitable for most. Particularly user friendly, but extremely tax-conscious investors may find a couple features lacking. I am not such a user, so my experience has been great. As always, research your brokerage before setting up an account!

J W

M1 offers a great way to invest and build pieces of a winning portfolio. I myself don't do the "robo investing." I control most aspects of my account, what I would like to put in, what I would like to invest in. Only drawback is I can't set a limit price, but buying fractional shares for free is well worth it. I have never encountered any type of problem trying to sell most of my shares in one stock and having the money promptly returned to my checking account if that was what I chose to do.

Jack Robinson

Being "Free" with my income saving for my future was not a concern. Now, however, I have five growing grandchildren who will, in the decades ahead, be heading to new adventures within their lives. Each will require extra funds... The ease and step-by-step process of M1 has now allowed this old U.S. Marine to start saving not only for my future but, also for my grandchildren. The methods used within M1 are precise and provide high quality service to their clients. Staff members are eager to assist when contacted. Videos on the use of M1 are very professional and detailed.

Dan A

Back a year or so ago I actually gave them 1 star because I was beyond frustrated with their lack of customer service and complicatedness of doing management tasks on their website. Fast forward to today and I decided to give them another chance because I finally figured out how to work their website and manage my account. Well I am so glad I did! Not only is there website super intuitive but now I understand how to work its magic and have come to love it far more then Fidelity, Vanguard and Schwab's websites! I give full credit to Paul Merriman from paulmerriman.com who first introduced it to me. He has specific pies for M1 that he and his wonderful team keep up to date absolutely free for the masses. I highly, highly recommend combining the expertise of M1 along with Paul Merrimans pre-made pies for the ultimate investment experience!!

Michael Lanberg

Fantastic way for a small investor to get into the market. I put in at least $50.00 a week (my change after my bills) & have now have over $2,000.00 & 100 stocks. Also, I'm earning dividends several times a week, compounding & growing my account. I just wish someone would of thought of this 20 years ago!

Derek Lause

Love M1 Finance! I've been an investor for a while now and their automated target investing for individual stocks make its DEAD SIMPLE to have a well diversified, single stock portfolio. Give it a try!!

Aaron Blair

Amazing platform! I'm not a seasoned investor by any means. M1 Finance has made investing easy and stress free. I'm looking forward to taking advantage of all of the options they offer.

Moses G

M1Finance is great! The only reason I am not rating it 5 stars is because I am not a huge fan of the Small trading window and I am also not a fan of the 15 minutes delayed market data. The small trading window give users a lack of liquidity and The delay does not reflect accurate real time data. Other than that I love everything else!

Roberto C. J.

Love this investing tool. It perfectly aligns with my investment strategy as a long term investor. Good researching tools, features and on top of that FREE for investing! It also offers pretty cool borrowing and banking products if you are interested. Based on my overall experience I highly recommend!

Mike Greenawalt

I am a very experienced investor using more traditional services. I liked the notion of partial shares being purchasable, and I liked the zero fees (yes!). But I find the philosophy lying behind the user interface and the way one works with one's holdings to be completely mystifying and opaque. I feel that I am possibly going to miss opportunities simply because I cannot figure out how to make changes in my portfolio. For instance, I have one stock that I want to get rid of and replace with a different one. I cannot figure out how to do that simple thing. And for about a week now, I consistently am blocked from accessing the M1 site with an error code of 1005, and I have no clue why that is. I would post a capture of the error screen, but this interface does not accept that.

Travis Jacobs

M1 brokerage is great. Easy to use and understand, but there are some draw backs. You only have 1 trade window unless you sign up for M1 plus. With TD Ameritrade or Robinhood anytime the market is open you can trade. Please M1, get that trade window open! I would like my trades on the spot so I know what I pay for and to get great deals.

Dana Shorb

Best way to get started investing. M1 keeps your investments on track using a percentage system (pie chart). I've expanded my investing portfolio but M1 got me started and I would highly recommend to anyone.

Kenneth Kashuba

Overall my opinion of M1 Finance is that for the average person or buy & hold investor when used with regularly scheduled investments it is the best wealth building tool second only to a 401K! It accessible to anyone with a computer or cell phone and a checking account. The ability to neatly organize my portfolio into multiple pies allows me view my investments faster and more logical. As great as M1 Finance is there are some deficiencies I would like to see improved. First is opening up the availability to include ADR stocks, there are many high quality international companies that cannot be included in your pie. My second issue is there is no download capability for your holdings. You cannot even copy and past the data from your screen to a spreadsheet, really how hard is it to create a CSV download file?

Desmoulin Detailing

Simple and easy to use. If you love buying stocks and holding to build dividend income M1 is the way to go.

Jack Crandall

M1 is a very simple and inexpensive way to invest, and I believe it a preferred platform to use for a casual investor or someone who wants to build a dividend portfolio. The app is simple and to-the-point, and the way M1 keeps your portfolio aligned with target ratios is fantastic.

Anon Amouse

I really, REALLY like the site/company - especially it's structure and investment options. HOWEVER... They do not offer any kind of an actual savings, or money market account. On the "spend", ( aka : checking ), account there is no "joint" options for married folks. Also, there is no true beneficiary option for this account, either. In addition to this, the "annual fee" for the "premium service" is $125.00. I'm sorry, but that is just OUTRAGEOUS - especially in these times, and for the few "perks" that it is actually offering. M1 could be SOoooo much better than it actually is.

Joshua Chen

I've been using M1 Finance's web interface for a little over a month now...and I'm loving it! I was referred to it by a finance/investment blogger after doing a Google search on how to start investing/day trading. Very pleased!

Carlos Sr

I think that M1 is a great way for the novice investor to get their feet wet. However, my concern is that your platform doesn't update position changes in real time, unlike my Fidelity and TD Ameritrade accounts. Additionally, does your platform account for after-hours changes in positions stock price? Thank you

Duy Le Anh

A great platform for beginners, safe to use, nice UI & UX, perfect and simple and easily shareable with what you are investing, ect. I am happy with it. Just hope they offer more time to trade and update newly available IPO companies faster for more in depth users.

Forrest Evans

Been ok for about two years. A real time tracker would be nice hence the four stars. Would be nice for us non-millionaires to be able to move money from different account internally once in a while but not have to give up 125.00 a year to do something we might only do 2 or 3 times a year. Otherwise it's still the best I've used so far.

Andy Robert

100% not user friendly! It'll be nice to create a Diversified Portfolio! An explanation on "how to" would be useful. *Review Edit- I've upgraded my rating to a 5*. I learned how to navigate M1's Platform & I like it's structure. I've also signed up early for M1+ and can't wait!

Peter B

I have done a few transactions with M1 and so far it will do. Definitely not perfect. The pros: easy to deposit money, schedule automatic trades, purchase partial shares. The cons: can't do a payroll deposit directly to my investment account, when you make a purchase you end up selling your winners and buying stocks that lost money. It would be better if you could move a stock out of your pie and not have it affected when you rebalance. All in all it has most of what I am looking for. My perfect platform would be one that only adds to my portfolio and not sell based on a pie percentage, aka Sharebuilder.

Bennett A. Meares

Very happy with M1. I feel like I'm in control of my finances and their service is always improving. Having my checking account, investments, and retirement account in one place is a big advantage, and the M1 debit card is exactly what I have been looking for. They're very transparent with their customers as well.

Samuel Rodriguez III

If you're interested in long term passive investments, this is the brokerage for you. Free and fractional trades available for most stocks, bonds and ETFs. I wish there was more than one trading window but at the same time for making longer term investments its not too big of a deal. Dollar cost averaging is super easy, and all deposits will automatically invest into set allocations. The customer service is amazing and super fast with quality and consistency.

Brian Lau

I really enjoy how M1 takes the stress of doing math and allocating/reallocating/reinvesting away from the human. That in turn allows for emotion to not play too much as a factor when investing - which can really hurt returns. Highly recommend to any investor. I do want to see pending dividends from M1. When you "earn" dividends you do not know from which company you earned them until you are actually paid. I also want to see M1 one day launching a credit card service. Something like this - intro bonus: spend 500 get 100 back and 2% unlimited cash back that is deposited straight into the portfolio (we get to choose M1 Spend or M1 Invest). It would really help boost publicity and I would love to use that card wherever I go.

Michael A (Mike)

Love the free ability to create my own indexes even if they are labeled as pies, the UI is extremely easy to use, no trading fees, only an annual fee for plus membership which in my opinion isn't too bad considering the first year is only $25. Only pain point for me is not being able to get a second debit card for the spend account. I would like to see more features for the spend account in general such as searching for transactions... The idea of daily investment windows is something I am not really a fan of, I should be able to enter and exit at any given time... But I can live with it simply due to the powerful self made indexing they offer through pies which diversifies away a lot of the risk (if 1 stock tanks 10% I only lose 0.5% of my portfolio value for example). The fact that they don't sell any of your shares to rebalance but rather purchase additional shares on other securities to bring you back to your desired ratio is also nice. I would of probably stayed away if they were auto selling securities to rebalance.

Nimesh Sawant

Fractional shares is something brought me to M1 finance. To top that there’s no fees or commissions. User interface is also nice. Only reason I am giving one star less is customer service, have brought up few issues I faced with the bank transfer but I have never heard back.

Ethan Baer

Spend Plus account w/ 1% interest and 1% cash back, will keep the small Brokerage feel unless they make me renew the $100+ fee in a year... Then I'll RELUCTANTLY go Discover.. Micro-trades, commiss. free trades, awesome (*Fidelity-like*) support & analytics per/pre trade

Emran Ismail

M1 Finance is really good place for investing and making some money off dividend stocks. The app and desktop website work well and I've had no problems with them.

john

I love M1 . I just started building a portfolio & let auto invest work for me, Whenever I deposit money sometimes as little as $25.00, I can't wait so see how auto-invest spreads the money , sometimes a share gets as little as .54 cents & yes i know I choose the % but it's still fun to watch. Can't wait to get my first dividend!

E Mars

I opened a account and they asked for verification so i sent them the required documents. it has been almost 3 weeks and no response, i have tried calling no one picked up and i left a voicemail and emailing the open tickets but no luck. Update, I did get the account open and so far I like the features that lets me create multiple pies and put a percentage for each pie. Ex, one pie has apple and google each with 50%. the other pie has boa and Wells Fargo with 50% each. When I deposit money let’s say $100 I can tell them to put 30% of the $100 into the first pie which then will split that 30% into Apple and google. Then with the remaining 70% they add it to my second pie which then gets split. Hopefully I explained it right. One feature I hope they put is a emergency sell so let’s say you see your stock dropping 50% you can get out as soon as possible, right now you have to wait until the next trading window which could be the next day and by that time it could have dropped more. Overall however i will continue to use it just have to be careful what companies I add into it for me that would be “low” risk ones.

Andy x

I love M1, but I wish they could implement the feature like Robinhood had where it would tell me the pending dividends that I had coming 2 weeks out or more, all they way down to the dividends that were being paid out in the next few days. I realize that it is not necessary, but it was one of my favorite features of Robinhood. I guess I assumed that it would automatically be part of M1 since it is such a basic feature. But if they could implement it soon I would appreciate it. I have been using M1 for about 6 months now, and I thought maybe it would have been added by now.

H. Bee

The best thing about M1 is that it allows you to buy partial shares so even though you can't afford a particular stock you can still come along for the ride. Intuitive platform, easy to set up, pleasure to use!

Luke O

This is a cool platform idea, but one that I will probably stop using soon, as there are restrictions placed on accounts that limit it's utility - such as not being able to modify portfolios without selling other positions; not being able to add more than 100 securities to a pie, etc. Too limited to really stand out right now - maybe it'll be improved in the future.

Pierre Charles

M1 Finance has made investing fun and easy to the point where my 11-year old daughter and my 10-year old son have become passionate about learning about the market, reading about companies they're interesting in, and desiring to invest in companies whose products they like. They visit M1 Finance Research section very often to read about the things they're interested in. Therefore, I like the ease of navigation of the site and the sharability function of the pies. It was the sharability of the pie function that has caught my attention from that of a friend of mine, and brought me to the M1 family. I love the quality of the rapport that M1 builds with his clients by welcoming them with one-to-one tutoring session. That is very unique!

Scot Murberger

I love the automation and the fractional investing. The interface was a little challenging at first, but after just a bit I fly through my slices. I have a blast whenever slice optimizing day comes around (lol). WIth the scheduled transfers and pre-allocated investing, this is the best tool for the "invest and forget" crowd, but gives way more control vs. my standard 401k. There is one drawback though--only having one trading slot. I pay for the M1+ (I really only wanted the metal debit card. lol) and having the ability to have a second trading slot is great, but I can still only use one or the other for now. I love M1, but I didn't really realize just how limiting it is to only trade once a day. I never thought I would become one that watches the market daily, but with all the crazy going on now, it has been VERY limiting to have such a LONG implementation period for reallocations. I missed so much potential in waiting for the trading period to come and being so deep in the queue as to have to wait much, much longer than the start time that I have begun to re-evaluate whether this is the right tool for me. I will still keep it, but there is one competitor in particular that all my recent deposits have shifted to (their interface is just not good, but having no limit on when I can buy or sell is becoming more and more important, and could become something that causes me to move my money in the future). I'm happy with M1 for now, but with increased volatility in the market, the inconvenient window limitation could soon become a migration issue.

Anthony “Anthony” SantaAna

Very good for people who like to hold their investments over the long term. No options or day trading, but it is an excellent broker for those who seek a long term investing experience, due to it's use of pie charts to easily and evenly distribute contributions.

Jose Alberto Sigismondi

Moved a small part of my portfolio to M1 as it allows to create your own "pies". Think about creating your own personal ETF at zero cost, so I love this concept. I started some positions on my watchlist and also transferred some of my securities into the pies I created. Current honest review (July 2020): 1. I will not move the biggest part of my IRA and other accounts until they allow easy moving of securities between pies. Portfolios change and investments change based on many factors, this rigidity makes me stay away from M1 for my large retirement investments. 2. They also make rookie mistakes still, like they paused my account for a transfer from another brokerage and then ALL THE PORTFOLIO GAIN/LOSS DATA RESETED from zero!! C'mon guys... really? (Good I have my spreadsheet..) Solve these issues, and I will be all in. Not today.

laz monroy

I'm new to investing money. I created an account in Robin Hood and then created one here. RH is for quick trading and M1 is for my long term investment. however, I don't like the fact that I don't have the option to create multiple "Pies" or accounts, I can only have one main pie. I would like to have an option of having multiple pies where I can choose how much I put in each pie individually. That way I can manage them better. Each pie has a different goal. I'll keep looking and see if other platforms offer that option.

Michael Mahmud

If you are looking for automation with less stress and headache while investing your money, look no further M1 Finance is your one stop shop. Highly recommend this product. I am not getting paid for this, just being honest.

Tommy O'Malley

My favorite investing brokerage. Visually pleasing, abundant research tools, and easy to use and view progress. Best for long term buy-and-hold investing, not for day trading. I recommend this brokerage to anybody that wants to start investing.

Stanley Geidel

the main graph overview of your account is very misleading. it shows overall balance - which is not very valuable when you're regularly making deposits. i wish they would show a gain/loss graph instead. also i made over 10k in deposits and then when i tried to make a withdrawl they wanted strange excessive documentation like my personal itemized bank statements!?!?! i dont like that one bit. there are other places to invest...

Jason Christy

I am really liking M1 so far. I have used Robinhood, Webull and M1 and appreciate a lot about all of them but I think I'm going to make M1 my primary account. If you're reading this review trying to decide if you want to use M1 don't be put off by my comments below. It's a great brokerage with a lot of good features. If you plan to be more of a passive, long-term investor it will serve you well and I encourage you to give it a chance. That said, here are my gripes / suggestions I'd really like M1 to address: The pies are a really awesome way to organize your portfolio but not being able to move a holding from one pie to another is very frustrating. If the pies are just containers in a portfolio it would seem to reason that you should be able to move those holdings to another container in the same portfolio (especially or specifically if the pies are self made and not an expert pie). The graph for your portfolio just doesn't feel very useful. I have two issues here. 1.) If you look at the day view it's either not available (not enough data) or it's a straight line diagonally up or down. It's not very helpful. I'd like to be able to look at this and see how my portfolio is doing throughout the day similar to Robinhood or other apps where I can also see the value at different points on the graph. 2.) The graph for your portfolio feels like it shows more of your deposits than it does it's actual performance. It would be more helpful, in my opinion, if you could choose to view the performance/growth of the portfolio excluding your deposits, again, similar to Robinhood. That's it! Love it otherwise.

Pat Tan

most things are great now that they have added m1 spend to be able to lessen the complication of transferring money, but i think this can still be improved. There's still room to improve by allowing investors to purchase preferred stocks and international stocks. But I think it will be good if M1 can come up with a way to put some stocks in the pie on hold.

Kenyon Hoover

Amazing tool to research, and set up a portfolio of assets. The ability to create a pie with your choice of percentages allows a mindful setup followed by an easy almost passive way of investing. Simple, clean and easy to use. What more could an investor ask for?

Al Lenis

This is the best investment app I ever encountered. I could invest in the worlds best companies using micro shares with no monthly fee. I created my portfolio with my favorite seven stocks and I'm so happy with the results.

Mike Rat

I funded my account with $200 and in the first hour of my stock trading career I made $10. Easiest $10 I have ever made lol. This is great for beginners! It's easy to understand, free, professionally run and responsive to what I desire. I think a 5th grader could do this. I hope to learn and grow and make more easy money. I understand I can loose that $10 just as easy, but the experience it worth more than that.

Mark B Mapky1

Absolutely the best! Especially if stocks and investing is new to you. This is an excellent platform to learn from and even for the novice its great, simple, and informative as you expect one to be. IT DOES NOT HAVE TO BE OVER COMPLICATING OR FEARFUL TO LOOK AT!! GO ""M1FINANCE"" A+++++

KRIS TRAN

i love the fact that you can buy fraction shares. but the down side of this is only 2 trade a day with M1 plus and we can't control the time and price of purchase.

Eric Koohns

I would like to thank M1 Finance for responding to my need for a way to see where my dividends are coming from. Two months ago I asked if M1 could find a way to display my dividend income from each of my stocks and funds. This morning I checked my account and there it was! In my activity page. All of my past and current dividend information! Great Job to everyone who made this possible! Thank You M1....Sincerely, EKoohns

Radai F Zabala

Why i use M1? 1. Their excellent customer service, Jamie is awesome, professional and helpful with whatever problem you encounter on the site or app. 2. I love the format of the app, how it describes the shares that you own, when you receive dividends and when you deposit money to invest which is available the following day after 10am central time. I rather it be 8am eastern standard time, because i live in Queens, NYC. Nonetheless, i wholeheartly recommend M1 for regular investors like me.

Ken Ramp (Ken)

Easy to use. Currently your pie shares are based on current values. Would suggest to give the option to have auto investment percentage based on deposit, not base on current stock values. My best performing stocks are not being invested in unless I do it manually.

Ryan McCullen

I like how they have news and profile of each company along with p/e ratio and expense ratio for etfs. So I feel well informed as an investor and able too have a Roth IRA. This Robo advisor makes it easy and cheap too invest. They make up for slow withdraws with fast buying during next trade window and trust you have the cash when they do so in your bank.

Steve L

There is a lot going on under the hood that you can't see. Some of the calculations don't quite match to what they should. It's usually to your benefit but it does draw some concerns. Stocks are only purchased either at 9am or 2pm. If you make a deposit from your bank it will be in your account the next day and in that same day your stocks will be bought which is great. Dividend Earned, doesn't seem match if you query your activity and filter only by dividend. Other than that it does what it says it does.

Robert Pick

M! Finance is simply AWESOME! Fractional shares (something I would have never imagined) is a game changer especially for early investors. I now have many pies and love it! I am teaching M! and recommending it when I lecture on Habits and Wealth Building.

Dan Hux

M1 is a great investing platform for creating a custom investment portfolio tailored to suit your needs. M1 uses what are called PIE's to create a portfolio, you select the stocks/funds/etf's that go in each slice of your pie. The great part about M1 is buying partial shares of stocks, this means it's now possible to buy a portion of a single share or whole shares. You can setup automatic deposits or do things manually, it's up to you. No trading commissions or high dollar fee's, it's super easy and it's growing. I use a mix monthly and quarterly paying dividend stocks/etf/funds to make my pie, M1's "Auto Invest" feature automatically re-invest the dividend payments once they reach a user selected amount or it can be turned off and the dividends just go in your account. It's

Regina Marthone

I enjoy using M1 Finance. If you want to buy different type of Stocks for example Amazon, Google, Alibaba and Netflix but they're too expensive, with M1 Finance you can. You can create your own etfs or pie with all the stocks that you want. I really like this platform. It makes investing easy and it is user friendly!

Crisostomo Buenavista (Tom)

I knew nothing about investing but a friend said to me, "Try M1 Finance. They'll get you up to speed on investing... and treat you right." So I did sign up. The staff is very helpful. They never made me feel inferior. Great to be a subscriber!

Gabriel Tipton

A fantastic app. It lets you set up automatic payments down to the week and buy partial shares. All automated. Set it up and forget it. Did I mention there is no cost associated with buying shares? It's a great application. Thanks M1!

Robert Laffoday

Cool little utility that can help building financial security, provide you with the tools to learn about investing, actually invest without transaction fees, and grow your portfolio over time greater than if you'd been charged Txn fees on all of the transactions. In my opinion, it is one of the best tools out there to allow the "common man" who lives paycheck to paycheck, actually invest $10 or $20 a week/month/whatever, successfully. Since they buy "partial shares" or essentially allow you to invest in a stock by the dollar amount rather than share amount, like a mutual fund, all without transaction fees...investing that $20 doesn't require a 300% growth just to get your original $20 back! I've got my Son and Daughter both doing their own (investment/financial/business) homework and actually learning about investing in the stock market by actually doing it! Great job M1!!!

Andrew Zatt

Hands down,Investing made simple. Maybe not all the the bells and glitter for the big time investor. For a stock enthusiast like myself that has the enthusiasm but not the funds of a big time investor this is the perfect platform. I would also highly recommend this app for the millennium and beyond to start their successful investing future. Grampy Z!

Michael Reinhart

Going to give 3 stars right now because they don't show you the ending account of what bank account you linked to the platform. Now yes I SHOULD know which i liked to my account but i did it back in June and just havent deposited. Service would not tell me what I linked so I had to just guess. I made my initial $1,500 deposit and sure enough wrong account. Now I have a charge from my bank and no way of knowing what M1 plans on doing. For all i know they could sell everything and bill me the rest and a NSF fee as well. Also i did check my joint account and i had the micro deposits back in June so I thought i was safe to assume that was the account I linked. Will update this if I am able to avoid $60 in fees. I guess looking at it now I should have deleted the account and spent the 3 days to re-link my account.

Josh Symonds

M1 is my favorite online brokerage. Choosing exactly the investments I want and investing every cent with fractional shares are the killer features for me -- and even better, it's totally free. If you're at all interested in investing, it is the best platform to do so by leaps and bounds.

ian jones

Honestly super happy with this app I’ve started a dividend investment portfolio and have plans to open an IRA this year. Excited to see what new features come out in the future. plan to be a long-term customer.

Tyler Harris

M1 is the future of investing. After transferring part of one of my accounts to M1 about 6 months ago, this week my wife and I decided to consolidate all of our retirement accounts and transfer them to M1. I was a very happy customer at Schwab and Fidelity, but M1 really is the best for me. I can't imagine going anywhere else.

Michael Kuczynski

So far so good with the ability to complete dollar cost averaging into stocks and ETF. Loving this so wish more firms offered this service to investors. Key is hope they can increase going forward other product and services offerings. Keep up the good work. Just wish I could add more accounts since like to bifurcate the different trading strategies and could consolidate accounts from a competor that is more expensive and does not have a good website like M1.

Jim Gangwer

Just a quick note. I know nothing about investing. M1 was recommended by a YouTuber (Joseph Carlson). I like his channel and I like M1 as a result. I've invested using M1 and I'm learning a lot without the stress of wondering if I'm being ripped off. Thanks. I really like this program. ps: Doing well in the market currently although it's a lot like gambling.

Chris Heikkinen

I have used dozens of investment tools on the market. This one beats them all. Its a great tool that allows me to manage my own IRAs and individual accounts at no cost. Fractional shares and recurring deposits continue to make it easier to invest.

Sijoy Thomas

The ability to create stocks and ETF fractional investments in varying percent allocations is a rare financial tool for investors

Jason Shipley

I have been investing and Swing Trading for years and its tough not having the money to buy every stock that you want to own. I am able to create my own "Fund" that is catered to my risk and only includes companies I find to be worthy. I feel I have a much better chance at having a great retirement .

Paul Wang

Good to have the PIE. But the calculation of G/L seems very wrong and useless. (So called Money Weighted is not good to me, or at least giving people an option). The award to new Spending account comes very slow. (Not yet).

Rocky Caughron

Very easy to get set up and start investing. I love the partical shares and of course it being free is great too. You can DIY a portfolio or used one of the ones they have created for you. The customer service is a little slow but is there and very helpful.

Alphonso M.

Overall I like M1. I wish they would add a few more features for the pies like sector, type and be able to move stock from pies to stand alone and vice versa... that would be really cool

Paul Aponte

Great Experience! Still a newbie on the platform. I would give 4 stars, but I had to drop one due to the fact that the set-up instructions aren't exactly clear to someone like me. BUT...to their credit, they were able to walk me through getting things going. Aside from that, it's great...the interface is pretty intuitive, it looks great and (hopefully) will help me make a few bucks. Here's to hoping, right?

Nicholas Kerr (iiNickk)

Would love to rate 5 Stars but there is no way to my knowledge to show your graph with only earnings instead of showing when you put large amounts into account it shows on graph to look as your port. went up that amount. Ex. i have 10k in account and i put 5k more into account graph will show that jump instead of just adjusting value of graph so i can just see what % i went up in a given time.

Christian Pinckard

M1 offers one of the most diverse trading platforms around, from ETF investing to individual stocks, vast research opportunities as well. The only downside is that you can't options trade, although I don't see how that would work on a platform like M1 so I'll let that slide, Robinhood wins that round.

john pettis

I've always wanted to invest in the stock market but didn't know how. Then I found some online brokerages/investment platforms. I realized that I would need to learn a lot to invest with them.They were very complicted and required a high degree of understanding and knowledge. M1 was exactly whay I was looking for which was a way to invest without spending much time figuring out how the platform worked.

Hounein Sadek

everything is good and nice but I would love to see M1 Finance waive the fees for back door conversion on Roth IRA at least for the M plus members. Almost all platforms are doing it for free, why would you charge?

Jennifer Gregg

Too often I cant log in, it says that my info is incorrect and thats from all devices. I end up just waiting a day and then like magic it works again. Site is fairly straightforward but when trying to actually fund something it gets confusing because there is never a confirmation of any action so sometimes I can't tell if I did something since it does not immediately update or confirm, so again, I just have to wait till the next day to see it updated and have confirmation of whatever I tried to do. So far it's been pretty easy to invest, something I thought I could never do for many reasons. I am learning as I go and feel fairly comfortable with the process and service provided by this company.

Seize The Moment

M1 Finance is great. I love everything about it especially the no commission fees buying. Wether it’s a individual security or an ETF. Fractional shares is what made me choose M1 as well because in the beginning I was going with Robinhood until I’ve learned more about M1. Fractional shares makes all the difference especially people like me that’s on a budget. It enables you to diversify A LOT more faster than you could with Robinhood and at the same time compounding becomes more successful faster as well. The only cons I can think of is there’s limited info on the dividends earned and you don’t see the details on the companies that paid them out until you’ve been paid. It’s relatively a small issue but it is nice to see the individual earnings before you get paid. I will most likely be rolling over my 401k soon to open a Roth IRA in the future. You guys are great and I’m thankful for people like you to make it possible for an average person like me to invest so flexibly. Keep doing what your doing and I can’t wait to see what will come in the future.

Matthew Tripp

Signing up is a snap. It only takes $100 to get started and then you can add as little as $10 anytime. Makes investing automatic. Takes care of dollar cost averaging for you. Fractional shares allows you to buy the best deals and/or companies you believe in, not just what you can afford.

Robert Hammer

By far the best FinTech broker out there. M1 is democratizing investing and portfolio management for the masses. I’ve been using many brokers for years and M1 and now my favorite. Their “pie” system, combined with zero commissions, is exactly what I’ve been looking for the last decade. Keep up the great work M1!!!

Ryan McBay

Update 1 day later: Still keeping with the 3 star because the issue is only due to me inputting my mailing address when I opened the 1st account, thats it, thats the big issue that this company seems to have to jump through multiple hoops through, which honestly doesn't make sense. Emailed them after the response on here, a new customer service person wrote me saying the EXACT same thing, that the address did not match, so he needed clarification. Well duh, I just went through this, and your other customer service person told me she updated it. So I emailed back nicely, correct that is the address as with the ID and utility bill which all matches. No answer. I email back 3 hours later to ask what is going on, yes a bit quick but based on time of response it seems to be needed to get anything done to be pushy. Response I received; "We apologize for the delay, our accounts team is working on getting the address changed. They must coordinate with our clearing firm to make sure the addresses match, so we can open the account. Once the change is complete and verified from our clearing firm, we can manually open the account on our end.". I don't know, but seems like a whole lot of work going on to change the only address I input only 1 time from the open, thats it. Original: I'm not one to usually leave reviews for anything, but what you read about the LACK of customer service is true. Now my review is only about the opening of an account, because after a week I haven't even been able to use the system. I am not new to trading, and looking at this company I like the idea of the way they have their portfolios setup for you to personally manage. Opened an account. Then received notice they need additional verification, ID and utility bill. No problem, might have figured they need additional info since it should be a secure account, so I send it over. 3 days later receive an email that they will close my account and I can log in and reopen a new one and input the information, since the address I originally input was my mailing, and not the same as the home. Well okay, I understand the need for addresses, but why can't you just adjust the address in the system instead of closing it completely? I email back, and so far nothing 2 days later. Meantime, I tried as suggested and guess what, the new account says the same thing, they need me to send additional info same ID and utility bill for verification. Really? I just did what you said. Also with this in mind, they have the old account still there, and you wouldn't know it unless you look in the money transfer section. But of course, they are willing to connect your bank account without even a properly approved account. Wow! Quick connect your account and add funds, but we won't let you use them. Something is off with this company, and if not, then they need to do some serious security work. And M1Finance, don't blame me for a factual review of the lack of support you offer.

Rafael

Everything about M1 is great except the fact that my IRA transfer from my previous brokerage is taking way longer than it should. Over a month and a half so far. Update: Turns out this is not M1's fault, it's Acorns.

Shawn (Marine 619)

Really love the platform. I really like the ability to one day use the money I can borrow against my account to either leverage in the stock market or use for another investment opportunity at a low rate. I have no problem getting a loan , the problem is the rate! M1 got it down.

Jordan Pica

I was a little skeptical of any type of online banking. After following M1 on Reddit for about a month and doing my research by observation i decided to take the plunge, it was only $100 to start. It's been a few months and i'm totally hooked, you can choose to be aggressive or conservative, and they have a bunch of different tools and resources. I'd honestly recommend this for a beginner or the every day saver. I cant wait for their Spend tool to launch! Pretty cool, I'm 27 and i have a fairly decent portfolio growing! Wish i did it sooner!

Shane Ramirez

Great company to start buying stocks/investing your money. I have been using them for a couple of months now and I am very happy to be investing with them. Their website and app is great and very user friendly. If you have trouble using their website, I suggest you go to youtube and look up tutorial! If you have any other problems give them a call!

Fred al K

For a beginner investor like myself, M1 can be a bit intimidating at first, because it covers so much detail. The support folk have been very patient and helpful. I plan to start sharing M1 with my grandchildren... because I started very late in life, they can grow with M1 and prosper on a scale much better than I. THANKS M1 !

Mike B

I am new to the stock market and have a lot to learn. M1 makes it easy for me to navigate the market and make investments. Excellent App!

Dean Spratt

I am 51 years old and wanted a trading platform to test some ideas with some skin in the game. M1 Finance been great for me to build a custom, sector focused, passive income divedend fund. Everyone should give this platform a try to learn about investing.

Water Melon

great app very immersive but they wont let me get the credit card right now which sucks id like to start building a credit rewards portfolio

David Smith

I decided to try M1 Finance for multiple reasons. I have existing accounts with T. D. Ameritrade and Edward Jones and they charge to make trades. I have 6 friends that have never bought stocks and know nothing about the stock market. I looked at Robin Hood and M1 Finance and I chose M1 because it does not charge a fee to trade, you can pick the stocks you want to invest in, the minimum amount to invest is affordable, you can get fractional shares if you don't have enough to buy whole shares, you can get the dividends reinvested like a DRIP. Since I am the type person that puts their money where their mouth is I have opened an account and picked 10 stocks and put 10% in each one. Now I am sharing my information with these six friends and showing them the ropes so to speak. This past few weeks have not been so good for my holdings but it has shown my friends that there are times when it is a buyers market. As long as the stocks I hold are paying the monthly or quarterly dividends the share price will rebound in time and the profits should be forth coming. I have been in the stock market since the early 1980's and I have made more money than I have lost so I am still in. I have learned to never get too heavy in one stock and keep your money spread around. I have learned no one takes better care of your money than you. I have learned about the pump and dump shames that go on and stay away from them. I have also learned that if you want to pay for good investment advice you can trust "The Motley Fool Stock Advisor" I like David Gardner's advice better than Tom's but either one will make you money in the long run. Since I am retired I also like Brett Owens Contrarian Income Report. I invest in the stocks he recommends in his 8% no withdrawal portfolio. I still go out on my own and make a few mistakes along the way but I never buy more than a few thousand dollars worth of any stock. I currently only own one Mutual Fund and buying it was a mistake. So far I have collected the dividends every month since 2014 and the NAV has gone down about equal to what I have collected. If I sold it today I would only break even. I have used the income as one of my seven income streams to live on. I could not live on any one of my income streams by themselves but with the seven coming in monthly my wife and I are paying the bills.

Karl Betz

The app is pretty good. The big problem is that once you have several stocks, there is no way to rearrange your pie. The pie system cannot be shut off either. I am really thinking of changing to Robinhood.

BIGBROTHERiswatchinU

I received an email that said to put in $1000.00 and receive a $30.00 bonus. I put in the $1000.00 and two days later, I am still waiting. I have made $3.39 in the last two days on the $1000.00 investment, but that is not the point. $30.00 is $30.00 and it never showed up. I am still giving 4 stars, but if my bonus had showed up like promised, you could have gotten 5 stars.

Calvin Burton

Ability to buy partial shares and fee-free trading are awesome. Absence of a sweep account is strange, this prevents direct deposit into M1 from my paycheck (which requires an account number and a routing number). Minimum initial deposit amounts are quite annoying.

patriawan m. c.

It's easy to describe M1Finance: It's a portfolio no-fee brokerage. Something that's unknown for retail investors just few years ago. With M1F,the retail investor now is on the same leverage with private wealth client (as long as you know how to create good portfolio). M1F is also not the same as robo-advisor since they don't buy/sell individual securities, you still have to execute the transaction manually. In my portfolio I've hundreds of cef and etf where they produce income and acting as a good portfolio hedger as well.

IM Likew

Enjoying this app to the max. I quit Robinhood and soon to be Acorns, but will keep this app. M1 is keeping my business and attention. Later: As of now, I have a majority of my stocks in M1 and have transferred several stocks from my TD Am. account. More Later: Opend up a Robinhood account again for stocks M1 does not have.

Eric Ortiz

Good so far, but I don't have something clear. I live in Puerto Rico ET,when I buy some shares the day before, I have to wait until 10 am the next morning so I can see my buying orders in progress,even when the Market opens earlier,that's a disadvantage for me because in one hour, prices can change drastically. Beside that is a great platform!

datfloppynoodle

It's a good app, responsive and clean. The only problem I have, is that if you want to create a new pie, you have to create a new account and get it verified. It would be easier if you could just make multiple pies on multiple accounts.

Sean Kennedy

Best investing app out there! Allows me to automatically invest in my securities. Also the ability to use fractional shares gives me full investing power. Definitely would recommend to any type of investor, take full advantage of this free investing brokerage!

Rebecca Ramirez

I am new to investing and this is the easiest website I have found. i also invest in Acorns, but this one gives more control over where the money goes. You have to do your research for stocks and bonds, though. There are a few articles on the website but I definitely encourage more than that if you are just getting started.

Philip Hamilton

M1 Finance is a good investing platform. Have you head the saying, "There is safety in numbers"? That applies to investing also. M1 Finance allows you to make your own mutual fund with as many stocks as you want. If one stock has a bad day the others will pick up the slack.

Ruben Baez

I am a long term investor. M1 has been a very good platform so far, with no fee or charges of any kind.

Pj Mallery

There are pros and cons to M1. I like the fact that I can buy fractional shares that is a definite and biggest pro. There is a pretty big con to me also though and that is the buy and sell window. For example I paid for some shares and buy the time the trade went through the prices had raised significantly. Real time trading would make this a 5 star app

Wening Cintron

Love it! Love it! and Love it! M1 A+ simple tools and resources for us the smart investor.

Ebert Mahon

So far my experience has been great!! I love having the ability to purchase factional shares in great companies. This makes is very easy for one to begin investing in companies you like and use.

oscar argueta

I got M1 because of the youtube channel wealth hacker-jeff rose. He showed how to use the app and how easy it was to start investing and to just do it even though it might seem scary. And now i love M1 and have multiple accounts with them and plan on having them for as long as possible!

Ignacio Alvarez

As a new investor I was more than pleased in speaking to your representative this morning. I called in about my 1099 tax form. Then he went the extra mile and asked if I needed any other information.He was very knowledgeable of MI''s products and processes...what I appreciated more was taking the time in answering all my questions.

Dereck Mustard

I've wanted to invest for years, but never felt comfortable doing it. Finally I came across M1 and after researching it extensively, I made the plunge. I can't imagine picking another protect now. M1 makes it easy. They are simply the best at what they do.

Noah

M1 is pretty easy to use and is making me feel much more confident in my investment choices. The team is very responsive and helpful. Most of all I can appreciate the fractional share purchases and DRIP. The fact that M1 is free is also a HUUUGE bonus! Thank you M1

Jason B

Simply AWESOME! M1 Finance simply has the cleanest, least intimidating approach to online investing. No fees, fractional shares, simple dollar cost averaging, and the pies make this a welcoming approach to investing.

Yomar Vazquez

As a beginner investor I want a combination of guidance and freedom and M1 Finance has the right balance. I truly like it, I have traded in the past with Scottrade which suck, TDAmeritrade which is ok but daunting for a beginner, John Hancock for retirement which is ok, and Acorns which I hate.

Nadine Oshima

Great pie concept it limits your risk. No fees well that's a huge factor, all companies are zero fees now thanks to Robinhood. M1 has a better finance plan, which limits the risk.

Jeremy Mark

There is no excuse to not be investing now that M1 is here!!! The platform is very easy and transparent to use. M1 makes investing simple than ever with their automation to rebalance and setting up automatic deposits. It's a breeze!

Johnnie Robinson

M1 Finance is the PERFECT investment platform for investors at all levels! The flexibility it provides is second to absolutely none!

L G

Love it! Great experience for the novice as it is easy to navigate.

Neal “Neal” Fagan

Kinda difficult to wrap your head around in the begining, but worth the effort. Gives you the tools you need to make sound decisions. Know that this is a LONG term investing app. Not something to make quick cash with, but an app that helps you build a nest egg for your future.

Donny James

M1 Finance allows me to build a personal “ETF”. That in itself is an amazing feature. Combine that with an excellent website and mobile application, M1 finance becomes a tool every investor should utilize to gain exposure to a broad range of assets in a very efficient way.

Jonathan Telep

I'm a rookie trader. Came from RobinHood where I did reasonably well with a 25% return in a couple years of weekly trading. After years of analyzing and annoyance of not being able to buy fractional stocks I stumbled across M1. Fractional Stocks are keen to your success if you are a beginner with not a large sum of money to invest. After 2 Months of trading and portfolio enhancing I've already made more than I've made on RobinHood.

Jude Lb

I love the idea of an investing company that has free trades and lets you decide how big the slices of your pie are. I miss Sharebuilder, and this has taken its place in a major way. Been with them for almost a year and really impressed so far.

Luke Bartley

This app is miles ahead of the likes of Robinhood and Acorns. No fear of losing your money, easy to deposit and take money out when needed. Great program brokerage program in my own opinion.

Liz H

Overall a good service. Allows you to separate you investments using percentages. Unfortunately they must be whole number percentages. Wish i could take it out to at least one decimal place. I use the buzz index and have to remove some of the investment suggestions since i can't use that first decimal place

Ronnie Mac

M1 Finance is an wonderful brokerage. Their platform and support base is excellent for beginning or experienced investing. Their platform is great for long term investing.

Sara Naatz

Hands down the best way to invest and save for retirement. I can just set up automatic deposits so I’m constantly building wealth in the background. And the money intelligently flows into my portfolio so it’s always on track. I wouldn’t use anything else.

Peter Hernandez

I love M1 Finance, I started off with their Expert Pies and as I knew how to knew how the platform worked, I created my own investment pie. This is where I seriously started investing and putting up to 20% of my income in my investment portfolio.

Tye Warren

I just wish I could create email and text message alerts for when the stocks in my watchlist get down to my "buy" price. I know this platform is relatively young, and you guys are making improvements all the time. Keep working on it guys. It's getting better every month.

Paris Lindesay

I love the freedom of building my own pie. M1 make a strong effort to educate their customer so that we can make informed decisions. They understand the value of their customers. I trust this company.

Toni Thompson

I love M1 Finance! It has the best user friendly platform for beginners. Try them out!

Tito Alva

I like your system, that you can buy partial share of stocks. What I'm very concern is that for the last 4 weeks I've put orders for sell of a certain stock that is losing money with the purpose to stop the bleeding, and no sells were made as the stock keeps losing value. Disappointed that the sell, which was not a big sale, can not be made. I'm concerned that if I can't sell a small porting of a stock, what would happen if I have to sell more stocks? Still, as of this date no sell was made. Could have used the money on other stocks.

Daniel Cartagena

I like the app overall, but each time one of my sticks goes through a stock split, the info is not reflected soon enough, which shows a huge loss for days. I had to send them an email twice now.

M P

New to investing, but M1 has given me a head start by simplifying some things, which makes it easier for a beginner. I am off and running and doing alot of reading and research. Also, I am still learning the site. Thanks M1

Rudy Morales

I must admit that this is fairly new to me. I understand the basics, but M1 goes way beyond. I do outside research as well, but the app gives me most of the information I need in the news section that is available for each stock. Combined with the tracking tools, I have no current reason to use any other service.

Larry Rowe

The app is fine. The pie theory socks. Its confusing. When I buy stock I sell it by accident thinking I was transferring more money to my stock account. Instead I was selling my stock and transferring back to my bank account.

subwo

I discovered M1 Finance after wondering about Sharebuilder and discovering it was taken over by E-Trade. The article I read compared the differences between the old Sharebuilder and M1 Finance and I decided to look into investing again. 33 years ago I joined National Assn. Investors Corp. (NAIC) and purchased one share of Mcdonald's stock joining their DRP. I would invest through the mail (what internet?) a little each month. After I had a child I cashed out my investment. I plugged the numbers in a dividend calculator and was astonished that had I invested $1000 initially in May of 1986 in Mcdonald's stock and invested $100 per month through May of this year I would have had over one million dollars. Of course I sent the M1 article and link to younger son and my sister's kids. If there are years on the horizon it pays to invest consistently. I may not have much time left as the younger generations but that 2% interest I am getting in the bank of the former Sharebuilder owner isn't cutting it.

CARLTON SOLOMON

M1 is truly unbelievable. This program give me the ability to manage my income scream. I can make adjustments immediately. The program allows me to use real time data to make inform decisions. I now have the ability to become financially stable. Thank You.

C Stewart

I have been a very happy user, and am still discovering ways of optimizing and customizing usage. The slower investment schedule works great for me to mitigate impulsive choices, and helps me commit to a long term strategy

V K

A great way to learn trading, and let the Auto invest do it's job while you work on another project instead of looking at the market all day and make knee jerk reactions to every piece of news you hear. Affordable to own stocks you always wished you can own.

Eddie Guediguian

No other investing service allows me to have the flexibility and control that M1 offers. The automation makes it very easy for me to set up reoccurring deposits and the fact that it is free gives me no reason to use anything else.

x8pyro8x

Almost everything is perfect, love the affordability investing, love the partial shares, love having loan access should I need a house upgrade etc. Only issue I've struggled with is creating your custom pies could be a bit more user friendly.

Mazen Ataya

M1 is amazing. It's a the best way to invest in what you want for free. You just sign up, create a portfolio, set a recurring deposit and you're good to go!

Neil McHugh

I have used many trading platforms but M1 is well designed, easy to use and most importantly, access to funds I have not seen on other platforms.

Decipher Code

I think the interface could be improved a little. Also, there's no way of deleting an old account. I wish you can do this, but there is no feature to do so.

William Blay

Great app for long term investors. If you want an easy way to grow your portfolio long term this is the best app on the market.

Daryl Stewart

Makes investing very easy. The only reason I didn't give it 5 stars is that dividends that are paid by some stocks is not reinvested in that particular stock that paid that dividend. Instead your dividends are invested across the entire pie.

Myriam Sarah

I definitely love M1 finance because it is easy to invest with less than $100 for fractional shares and most of all the platform is very easy to work with.

Richard Sementilli

Fractional shares is a game changer. I only wish the app would show more info for each stock I want to buy, before I add it to my pie. Things like dividend yeijding or not.

Orlando Gonzalez

Great long-term investment app. Fractional shares makes M1 very attractive. Very smooth and user friendly interface.

This Dude

It’s a good platform but for my experience, they take too long. I’ve been waiting for weeks checking my account for the deposits to start another account but haven’t seen anything and I’ve contact them through email but no response. Guess I’ll have to move on to another platform.

Landry Dzarmel

i joined M1 FINANCE to have access to fractional shares. i also like the possibility to create your portfolio and manage the entire portfolio at the same time.

Lou Friedmann

I started consolidating my accounts with M1 about six months ago from Schwab, TD Ameritrade and Vanguard, and I haven’t looked back. this is been a rewarding experience, absolutely worth it.

Felipe O Visbal Gonzalez

This is a great app for all investors. at first I found myself lost in the world of investing, M1 made it organized and fundamentally oriented.

James Connell

Great platform for getting into trading. I would like to see other options that make it easier to have separate stock purchases outside your "pies" and different stock order types.

Efrain A. Planas

Best Investing tool ever ! For Beginners and long-term investors! I love M1 and ty for not charging us for your amazing app !

Topher

M1 Finance is really cool, but I left because there is no protection against unexpected drops. If they added a stop-loss system then I would likely return.

Dan Collado

No other company offers the amount of diverse allocation controls within multiple pies created by sector and fractional shares ownership. So far a great company to work, & customer support response with using Apex for printing reports as well.

PR Bailey

Proven ability to deliver value, selection and choice to the retail investor. Absolutely appreciate the news and research section that some of the big brand names should see how to do it right! Thank You M1.

K Thomas

The reason I opened an investment account with M1, because of the factional shares it offered. And be able to invest in stocks and ETF. Also I like that it have a checking account to deposit funds

Taylor Treadway

Contacted M1 several times over a week ago through email with no response. As a robo broker they are above average. When it comes to actually returning customer questions they are lacking.

PaulineRoy “365BEE'SRUS” Adair

At first we where not to sheer we started with $400 2/9/22 by 5/24/22 $737.15 that's purity good to us we where referred by Ron Yates Thanks Pauline

Randy

M1 is great for partial share buying and dollar cost averaging. It allows you to buy stocks that are price too high with out hurting you wallet.

Frank Moore

It was a little hard to get around in your system, i got help from Devon & my son who recommended M1 finance. I have not received my $10.00 for him sign me up.

Zach Haga

M1 does all I need it to do and then offers me so much more. Freedom to invest small amounts when I still have much student loan debt is a life changer that will pay dividends towards the end of my life!

Francis Coleman

M1 offers the innovative features that may make it the gold standard for self-directed investing. Offering fractional shares, M1 adds even more value than competitors.

Terry Spence

Main thing is trust and I feel they are trustworthy. Only problem I have had is using the software, but that is probably more my fault being older. Keep up the good work during these most uncertain times.

Michael Kreeger

I really love the way that the M1 Finance folks make it so simple to make sure my portfolio allocations are where they should be. Keep up the great work!

Rickey & Rissa Royal

M1 is a great option to buy fractional shares and diversify at the same time with the pie option. The feature to auto-invest makes life easy as well.

Peter Pfluke

The best, simplest, most straightforward app for investing! I have recommended to my entire family and many friends that are interested in investing! Awesome!

tom Tom

this is a very good investing system for the average person beginner or advanced but just wanting to use as much of their money to invest without having others take a chunk here and there....it just takes watching a few u-tube videos to understand how it works.....this is even better then mutual funds....because of taxes number 1...and u can make yourself your own small portfolio of stocks like a mutual fund...this way being diversified....plus unlike mutual funds its a great way to buy and hold stocks for the long term....the stocks you want only...adding to them whenever you have extra cash....and no taxes because you don't have a mutual fund manager buying and selling stocks in your portfolio to keep up with the averages....and M1 finance lets you buy partial shares...this is probably the best part of it along with keeping your fund percentages where you have them set...which basically means buying the stocks that are on sale each time...an automatic buy low strategy...and you can change percentages whenever you want....and not brokerage fees on anything.....i wish it was around many years ago...but this is so awesome for the younger generation to become very financially set for their future...so much more to write about but this is probably too long as it is....one last thing I've used the help by sending a message and they've gotten back to me the next day each time...I've never had a problem with M1 finance....Its all good so far....I've been using it for 3 months now and i love it....i started investing back in 1985....so i have some experience but im very much your average investor...good luck and thank you M1 finance people....

Ilham Kerim

Morning buying time of 9:30 am and afternoon 3:00 pm are unfair. Most of the case I bought expensive at 9:30 am. Why don't you permit us to buy at any time allowing 2 trades in a day?

Wendy Low

I'm enjoying learning about investing. I followed a woman on youtube named Focused Spender so if she gets a referral credit please forward that to her. She recommended M1

Randolph Rome

Changing the way people invest, allowing access to partial shares is a game changer, and all with no fees. I’ve been investing my whole life, and only wish I had this platform sooner! Great stuff!

Pankaj Rana

I have a chance to own a small piece of share in a large companies, such as Apple, Google, Amazon, Facebook, S&P 500, etc. You also have given investor like me to learn how to invest in stock market and grow your money rather than leave to Banks, Financial organization, etc.

Lynne Saint

I enjoy M1. It makes investing super easy.

James Bower

I like using M1 I just wish there was more details on each stock then what there is now. And it would be nice to have an easier way to move stocks around pies without selling them and rebuying

Garrett Ziegler

M1 is a great platform for long term investors. Free trades across the board and fractional shares... what's not to love?

keywon yoo

I can invest $100 in all my favorite companies Google Facebook Amazon Microsoft with M1. Somply with M1, my investment dream comes true easy and my money grows.

Steven Gall

Where has this been all my life? I can set up my portfolio exactly the way I want and with the power of fractional shares be able to dollar cost average with ease. Best investing platform out there!

Muhit Mustakim

I really like the UI and the features. Auto withdrawals and invest in portfolio is easy to setup. It’s hard to imagine it’s all free. Thanks!

Jay Hassan

M1 has made investing so easy and affordable. I am enjoying the ability to purchase hedge funds and reap the rewards that big investment firms get to enjoy with my investments.

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