Image: Man working at table

HOW IT WORKS

  1. Open an M1 account that matches the account type you’re transferring. 
  1. Upload your documents securely through our encrypted form. It only takes 4 minutes. 
  1. Complete steps 1 & 2 and let our team take care of the rest. 


GET UP TO $2,500 WHEN YOU SWITCH TO M1 

Transferring securities to M1 from another brokerage account is simple. Plus, see how much you could earn. 


ACCOUNT TRANSFER SIZE
YOUR BONUS

$100,000 – $249,999.99

right green arrow

$250

$250,000 – $499,999.99

right green arrow

$500

$500,000 – $999,999.99

right green arrow

$1,000

$1,000,000 +

right green arrow

$2,500


$1 BILLION (WITH A ‘B’) IN TRANSFERS 


More than 16,000 savvy investors have made the choice to come to M1 from places like Vanguard, Fidelity, Charles Schwab, and Betterment.

May not be representative of the experience of other customers.

“It is truly the best of both worlds: the choice of securities like traditional brokers as well as the automation of modern robo-advisors.”

Michael M.


WITH M1, THERE’S NO COMPARISON

M1 provides greater automation, better checking, lower margin rates, and more chances to keep doing more of what you want.


M1 Logo

Vanguard

Schwab

Fidelity

Robinhood

AUTOMATION

AUTOMATION
M1 Logo

Dynamic Rebalancing, investing schedules, Smart Transfers

Vanguard

No

Schwab

Only available with Intelligent Portfolios®

Fidelity

Only available with hybrid robo advisor

Robinhood

Only investing schedules

FRACTIONAL SHARES

FRACTIONAL SHARES
M1 Logo

Yes, on stocks and ETFs

Vanguard

No

Schwab

Yes, only on S&P 500 stocks®

Fidelity

Yes, only available on mobile app

Robinhood

Yes, on stocks and ETFs

MARGIN RATES

MARGIN RATES
M1 Logo

2 — 3.5% info icon

Vanguard

4.75 — 8.5%

Schwab

6.575 – 8.325%

Fidelity

4 — 8.325%

Robinhood

$5/month + 2.5%

DIGITAL BANKING

DIGITAL BANKING
M1 Logo

Yes, 1% APY and 1% cash back with M1 Plus info icon

Vanguard

No

Schwab

Yes, 0.03% APY

Fidelity

Yes, 0% APY

Robinhood

Yes, 0.3% APY

FEES

FEES
M1 Logo

Free, M1 Plus is $125/year

Vanguard

Free, but some options carry fees

Schwab

Free, but some options carry fees

Fidelity

Free, but some options carry fees

Robinhood

Free, but some options carry fees


M1 rates are current as of March, 2021. Information on competing brokerages was accessed from each brokerage’s website in March, 2021.



Three images of people. A mom with her son in the car, a young family at the beach, and a person drawing with a ruler.

ACCOUNT PROTECTION WITH PEACE OF MIND


SiPC logo

Securities in M1 Invest accounts are insured up to $500,000 by the SIPC.


FDIC Logo

M1 Spend checking accounts may be insured up to $250,000 by FDIC insurance.


M1 Finance logo

We are a technology-first company that utilizes the latest in information security.



DON’T WAIT TO TAKE ADVANTAGE OF THIS OFFER!

Transfer a brokerage account to M1 and earn up to $2,500

Transfer a brokerage account or IRA to M1 and earn up to $2,500. Here’s how to get started:

  1. Get a copy of a recent account statement from your brokerage.
  2. Ensure you have an account open in good-standing at M1 that matches the account type you’re transferring (e.g., if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1)
  3. Submit a transfer request from another brokerage account within the first 60 days of New Client Sign-up Date with M1. Click here to get started.

TERMS AND CONDITIONS

Promotion Period: December 1, 2021 through January 4, 2022

During the Promotion Period, this ACATS promotion offer applies to direct account transfers of at least $100,000 (from participating brokerages) initiated within the first sixty (60) days from New Client Sign-up Date on M1 (“ACATS Transfer Promotion”). Any Promo Credit1 earned for eligible transfers will be paid 150 days after the New Client Sign-up Date with M1. “New Client sign-up Date” is defined as the day a new client submits a valid email and password creating a user login for M1 Finance. This ACATS Transfer Promotion offer is valid only for direct broker transfers received through the Automated Customer Account Transfer Service (“ACATS”). This offer is non-transferable, and not valid with any of the following: internal transfers, ACH deposits (bank transfers), wire transfers, direct 401(k) rollovers, or in conjunction with other promotional offers M1 Finance or may offer from time to time. If you satisfy the aforementioned conditions, M1 will make a one-time deposit into the cash balance of your M1 taxable investment account in accordance with Table 1 below (Note: the following accounts are ineligible to receive any cash deposit: any retirement, custodial or trust).

Cryptocurrency is not eligible for ACATS. Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.

The Promo Credit amount (see Table 1 below) will be based on the aggregate Account Value2 of all brokerage accounts or IRAs transferred within the initial 60 days of new client sign-up date. The aggregate “Account Value” is determined as the current market value of all holdings and cash on the day the transfer is completed. Account Value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading, market volatility or margin debit balances) at time of ACATS Transfer Promotion pay out. M1 Finance may charge the account for the cost of the offer at its sole discretion. M1 reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Taxes related to any M1 Finance promotional offers are your responsibility. All promotional items and cash received during the calendar year will be included on your consolidated Form 1099. You are encouraged to consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.

ACATS Transfer Promo

Account Value1Promotional Credit ($)
$100,000 – $249,999.99$250
$250,000 – $499,999.99$500
$500,000 – $999,999.99$1,000
$1,000,000 +$2,500

Transfers completed retroactively, or before the Promotion Period, are ineligible for this ACATS Transfer Promotion.

This promotion is not valid with any other offers and is non-transferrable. Offer available only to individuals who are 18 years or older and are Legal U.S. Residents. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. This offer is not valid if the name on the M1 account is different than the name on the outside brokerage account requested for the ACATS.

General Conditions: By participating in this ACATS Transfer Promotion, you agree to release, discharge, indemnify, and hold harmless, M1, its affiliates, retailers, and advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, and employees from any liability or damages that may arise out of participation in this ACATS Transfer Promotion or out of acceptance, use, misuse or possession of the cash deposit attained through this promotion. All applicable federal, state, and local laws and regulations apply.

Your Personal Information: Personal information collected in connection with this offer will be used in accordance with M1’s Privacy Policy.

This promotion expires at 12:00pm ET on the last day of the Promotion Period. M1 is the sole timekeeper of this promotion.

Check the background of M1 Finance LLC on FINRA's BrokerCheck

M1 Logo
M1 Finance app store link M1 Finance play store link
        

By using this website, you accept our Terms of Use and Privacy Policy and acknowledge receipt of all disclosures in our Disclosure Library. All agreements are available in our Agreement Library. M1 relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information.

M1 refers to M1 Holdings Inc., and its affiliates. M1 Holdings is a technology company offering a range of financial products and services through its wholly-owned, separate but affiliated operating subsidiaries, M1 Finance LLC and M1 Spend LLC.

M1 Plus is an annual membership that confers benefits for products and services offered by M1 Finance LLC and M1 Spend LLC.

All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using M1 Borrow’s margin account can add to these risks, and you should learn more before borrowing. Nothing in this informational site is an offer, solicitation of an offer, or advice to buy or sell any security and you are encouraged to consult your personal investment, legal, or tax advisors.

Brokerage products and services are not FDIC insured, no bank guarantee, and may lose value. Brokerage products and services are offered by M1 Finance LLC, an SEC registered broker-dealer, Member FINRA / SIPC.

M1 Spend checking accounts furnished by Lincoln Savings Bank, Member FDIC. M1 Visa® Debit Card is issued by Lincoln Savings Bank, Member FDIC.

Credit Card not available for US Territory Residents. Review Cardholder Agreement and Rewards Terms for important information about the Owner’s Rewards Card by M1. The Owner’s Rewards Card by M1 is Powered by Deserve and issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

200 N LaSalle St., Ste. 800 Chicago, IL 60601

© Copyright 2021 M1 Holdings Inc.