Read about the latest M1 Finance promotions and bonus offers here.
M1 Finance (m1finance.com) is a free automated investing “robo-advisor” platform that lets you create a portfolio from investments of your choice. Or, you can pick from pre-built ones. All you have to do is fund your account, and M1 Finance will do the work.
M1 Finance offers an interesting mix of automated investing and a lot of ways to customize your portfolio, as well as ways to borrow and spend money. You can choose from more than 80 pre-built portfolios called “pies,” or you can build your own strategy.
M1 offers many products and services:
- Brokerage Accounts
- Margin Loans
- Personal Loans
- Checking Account
- Savings Account
- Credit Card
Let’s review current offers from M1 Finance below.
Best M1 Promotions And Offers
Earn a $50 to $100 bonus for using a referral link with this offer from M1 Finance. Once you have…
Get up to $500 in your new Brokerage Account with this offer from M1 Finance. Get all the details below….
New users can earn up to $10,000 to invest when transferring a brokerage account to M1 within 30 days of…
The M1 High-Yield Savings Account is now available, and you can expect an invitation to open your account. M1 Plus…
Earn up to $5,000 when you roll over your retirement plan. Got a 401(k), 403(b) or another employer-sponsored retirement plan?…
Get up to 10% cash back on eligible purchases with the M1 Finance Owner’s Rewards Card. See all the details…
More About M1 Finance
M1 Finance is a money management and investment app that was started in 2015 and is based in Chicago. It offers self-directed trading, automated investing, fractional shares, margin lending, IRAs, and more.
M1 Finance could be a good choice for investors who want to invest, manage their cash flow, and borrow money all in one place.
One problem is that it doesn’t have human advisor support, tax-loss harvesting, or investments other than stocks, ETFs, and cryptocurrencies.
The app can be used on both iOS and Android devices. It also comes with a debit card that works directly with the platform and gives rewards and cash back on purchases that qualify.
Investing With M1 Finance
M1 Finance is a hybrid investment app that lets you both trade on your own and invest automatically.
The app lets you choose which stocks, ETFs, or portfolios you want to invest in and how much of your money you want to put into each one by using pie-shaped models. It also has more than 80 portfolios made by professionals.
On its website, M1 Finance says that it uses an in-house trading system to automate each customer’s trading. This could be a great feature for investors who just want to sit back and watch their money grow without having to worry about all the details of investing.
The investment app also says that it puts all trades together and makes them happen during a morning trade window that starts at 9:30 a.m. EST.
Clients who upgrade to M1 Plus accounts can take advantage of an afternoon trade window that lets them invest whenever they want. M1 Finance’s Plus accounts cost $125 per year to upgrade to, but they come with extra benefits like custodial investment accounts, smart transfers, 1.5% loan reductions, and banking perks.
On the self-directed side, the app also lets you buy or sell individual securities or slices of your pie portfolio.
M1 Finance also has features like fractional shares, auto-investing, portfolio rebalancing, and tax minimization.
For some clients, M1 Finance will feel like a nice mix of strategies to enhance their investment goals. You will get the best of both worlds if you can make your own portfolio and also use model portfolio pies.
With the M1 Plus option, M1 Finance can automate a lot of your financial life, including your investments, how you handle your cash, and how you spend your money.