M1 combines investing, saving, borrowing, and AI-powered fiduciary advice across Android, iOS, and the web. Users can build portfolios from stocks and ETFs as Pies, choose holdings themselves, or use M1 Advisor for guidance. Available accounts include taxable brokerage, retirement, and custodial accounts. M1 Advisor answers plain-language questions using positions, balances, and rates, then explains the information and logic behind recommendations; advisory enrollment is opt-in. Outside accounts such as 401(k)s, mortgages, and credit cards can be linked to a balance sheet. Trades are scheduled once or twice daily, and fractional shares support target allocations. M1 does not offer day trading, extended-hours trading, limit orders, options, futures, short selling, mutual funds, or OTC stocks. The Platform Fee is $3.00 USD per month when waiver requirements are not met, waived with at least $10,000 in M1 assets or an active M1 Personal Loan. M1 lists a free M1 Advisor plan through December 31, 2027.
Who it is for
M1 is designed for long-term investors who want investing, saving, borrowing, account linking, and advice together while retaining decision-making control. It may not fit traders needing the listed unavailable order types or securities.
What is good
- Portfolio building with stocks, ETFs, and fractional shares
- AI Advisor explains recommendations in plain language
- Supports taxable, retirement, and custodial accounts
- Outside accounts can inform the balance sheet
- Available on Android, iOS, and web
What to know first
- No budgeting or bill-tracking tools
- No day trading or extended-hours trading
- Platform Fee can be $3.00 USD monthly
- Options, futures, and short selling unavailable
Verdict
M1 is an all-in-one investing platform focused on scheduled portfolio management and optional advice rather than active trading. Its fee waivers, account options, and trading restrictions are key points to review.
M1 plans and pricing
All plansCompared on personal finance software
- Free plan
- No
- Paid from
- $3/mo
- Budgeting tools
- No
- Bill tracking
- No
- Net-worth tracking
- Yes
- Account sync
- both
- Report export
- Yes
- Mobile apps
- both
