M1 Finance is a hybrid robo advisor and traditional investment brokerage firm. It offers a unique combination of automate investing with a high level customization. The customization allows clients to create a portfolio based on their exact specifications. The firm now has $3 billion in client assets. Clients can create portfolios containing low-cost ETFs or individual stocks or both. Listed below are the benefits of using M1 Finance.
- Clients can trade fractional shares for stocks and ETFs with a little as $1 in the clients’ accounts.
- No trading fees or asset management fees.
- Hand-off investing, using Smart Transfer, for investors.
- Pie provides flexible portfolio customization, including 80 “expert” portfolios that a client can follow.
- Pie investing system offers a unique visual component to investing.
- Clients can place individual stock/ETF orders.
- Opening an account with M1 Finance is simple and straight forward.
- A streamlined mobile app offers full functionality of the desktop platform and access to M1’s banking components.
- Socially responsible portfolio option, which is perfect for social responsible investors.
- Account minimum of $100 on taxable accounts and $500 on retirement accounts.
In summary, M1 Finance is the best low cost robo advisor brokerage firm.
Use the referral code link as listed below in order to get the cash bonus credit when opening an account at M1 Finance.
M1 Finance Referral Code: