M1: AI Wealth Management

M1 Finance

About this app

M1 is an AI wealth management platform. You get a registered fiduciary AI financial advisor that’s legally required to act in your best interest. It sees your actual balances, remembers your goals, and tailors every piece of advice to you.

Traditional wealth management usually coordinates planning, investing, and borrowing, but it can cost about 1% a year. A robo-advisor can choose allocations and rebalance your portfolio, but many lack advice capabilities or customization options. With M1, you're in control of it all, with M1 Advisor by your side. Your money, your decisions, and 24/7 access to an AI advisor that’s legally bound to act in your best interest—without the 1% advisor fee.
Advice

• Fiduciary AI advice on investing, saving, borrowing, and retirement
• Personalized to you: connect outside accounts to see the full picture, tell it about your goals,
• Available 24/7: ask anything get actionable advice
Accounts
• Brokerage: Built your portfolio as a Pie, choose stocks and ETFs, automate investing
• Retirement: Traditional, Roth, SEP IRA, and 401(k) rollovers
• Savings: High-Yield Cash Account to keep uninvested money earning and available
• Borrowing: built-in margin borrowing on eligible accounts

Ratings and reviews

I liked it before they added the $3 monthly fee to accounts below $10k years ago. Now, for those who are somewhat poor but still want to put money away, you might as well invest on other platforms. For more serious investors, there are other platforms that give you more direct control over your trading. The UI is not good for smaller & individual stocks. 1 star for adding a fee 2 years into me investing, and adding a fee in order to transfer to another app. Just a bit sketchy. Support is meh AI

Update: down to 1*, and looking to transfer my accounts elsewhere. Support is a joke. I can't recommend the app anymore. It's a shame because I really liked M1, but if something goes wrong, good luck getting help (other than AI). This was a daily app for me, but recently, it's started logging me out after a day or so, and I have to go through the login process again, even though I have biometrics enabled. And since I use the widget, that needs to be redone, too.

Excellent for automation and margin. Beautiful, smooth, & intuitive. In my experience of using it for 7 months, the only truly frustrating thing is the trading windows. I don't mind being limited to trading twice a day (as I am a long term investor), but the fact that you can't trade at the exact time you want keeps you from being able to properly buy on a dip or sell on a bump. You end up missing out on the biggest gains or discounts because you had to wait hours for the next window.

What’s new

Here's what you'll find in the latest update:
- Bug fixes and improvements

Let us know what you think by leaving a review or contacting us at [e-mail].