BrokAIr Reviews

M1 Finance Review

"M1 Finance is a great online brokerage, but it's not for everyone; it's best suited for those who are comfortable with DIY investing."Why is M1 Finance considered an outlier in the online brokerage space?

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M1 Finance Overview

M1 Finance is a Chicago-based online brokerage that has become popular with investors who want to invest in fractional shares of stocks and ETFs. Founded in 2015 by Brian Barnes and Eugene Park, M1 Finance is a hybrid between a traditional broker-dealer and a robo-advisor. It provides users with the ability to create their own investment portfolios and automate their investments, while also giving them access to professional financial advice.

Pros of M1 Finance

Cons of M1 Finance

Public Opinion of M1 Finance

The public opinion of M1 Finance is generally positive. Many investors find the platform easy to use and appreciate the low fees. It has been praised for its fractional share investing feature, which enables investors to buy as little as one dollar's worth of stock. Additionally, its portfolio automation feature makes it easier for investors to set up and manage their investments.

Recent News about M1 Finance

M1 Finance Raises $45 Million in Series B Funding Led by GreatPoint Ventures

M1 Finance Launches Its M1 Spend Account for Allowing Users to Manage Their Money, Invest, and Spend From One Place

M1 Finance Receives Regulatory Approval to Launch M1 Securities LLC, an Independent Broker Dealer