M1Reviews of m1.com

I like the PIE system and the fact that you can have a connected spend account. However, The fact that the investments are limited based on volume. no mutual fund access, and just 2 trade windows are definitely cons. Sometimes a security drops in price mid day that makes it attractive to buy and by the time the trade window opens the stock has recovered and I have missed out.

The M1 service is great and has the feature to balance the portfolio with automated allocations. There is no room for decision making. It would be great if the allocations are assigned after the user approves if they are what he/she wants. Also, it would be great to remove the automated window at 8:30 and the one in afternoon as there is no control at what price they are bought.

I know there are some little tweaks here and there that can be improved, but the investing experience is what matters most to me. What I found to be the best tool is one that does all the work for me. The ability to reinvest as a whole (pie) with user defined percentage of funds automatically distributed (slices) over the entire account is powerful. It promotes growth.

I've been with M1 just over a year now and it has been excellent! Being able to manage my finances all in one place has helped me a lot. The reward system for the credit card is top notch as well.

Customer service follow up nonexistent was told I was going to be called no one called sent over 8 emails about my issue

Best platform for personal and retirement investment. Their automated distribution of investment money to the portfolio you create and along with partial share buying with no commission cost, what more you can ask. My experience with them was seamless and they do offer lot more other banking product like checking, credit card and lending which I am yet to use it. Their only exception is lack of HSA investment which if they have it would cover all aspect of family investment model.

M1 is user-friendly and has a great reach of products. The only reason that this is not a five-star review is that they do not have a mobile check deposit service. Trying to use a fully-online bank as your primary checking is impossible without this feature.

I have been an M1 Client for a couple years now and have had nothing but good things to say. I have multiple accounts through them as well as the Credit Card. I am an M1 plus member so when of the big benefits is the ability so use my margin for low interest rate loans which I have done multiple times for random household costs/renovations/etc. Couldn't recommend M1 more!