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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 $4,000 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

$10,000 – $19,999.99

$40

$20,000 – $49,999.99

$75

$50,000 – $99,999.99

$150

$100,000 – $249,999.99

$250

$250,000 – $499,999.99

$500

$500,000 – $999,999.99

$1,000

$1,000,000 – $1,999,999.99

$2,500

$2,000,000 +

$4,000


$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

Vanguard

Schwab

Fidelity

Robinhood

AUTOMATION

AUTOMATION
M1

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

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

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

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

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.




ACCOUNT PROTECTION WITH PEACE OF MIND


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


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


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 $4,000*

From April 5, 2021 through May 31, 2021, transfer a brokerage or retirement account to M1 and earn up to $4,000. 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 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 during promotion period (4/5/2021 12:00 am ET– 5/31/2021 11:59 pm ET). Click here to get started.
  4. Promotional credits will be paid to eligible clients on August 31, 2021.

*TERMS AND CONDITIONS


The Promotion

Beginning on April 5, 2021, this promotional offer is only valid for M1 customers who complete an Automated Customer Account Transfer Service (“ACATS”) on or before May 31, 2021 (the “Promotional Credit”). The M1 account must receive instructions to complete an ACATS no later than May 31, 2021 at 11:59 pm ET. Any unsuccessful ACATS will be deemed ineligible. This offer is not valid with ACH deposits (bank transfers), wire transfers or direct 401k rollovers. Promotional Credits will not be applied for any transfer which has completed retroactively.

This offer is non-transferable, is not valid with internal transfers, and is not valid in conjunction with certain other promotional offers M1 may offer from time to time. 

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.

This Promotional Credit offer applies to qualifying direct account transfers from brokerages/firms initiated between 4/5/2021 at 12:00 am ET and 5/31/2021 at 11:59 pm ET via the ACATs system. Promotional Credit payment will be deposited into the M1 Invest Account receiving the ACATS no later than 8/31/2021.

The Promotional Credit amount1 will be based on the aggregate value of all brokerage and/or retirement accounts transferred within the same 60 day period (the “Account Value”). The 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(s) must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 60 days. 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 M1 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.

Through this M1 Promotional Credit offer you have the opportunity to earn a Promotional Credit based on the following Account Value:

ACCOUNT VALUE
PROMOTIONAL CREDIT

$10,000 – $19,999

$40

$20,000 – $49,999

$75

$50,000 – $99,999

$150

$100,000 – $249,999

$250

$250,000 – $499,999

$500

$500,000 – $999,999

$1,000

$1,000,000 – $1,999,999.99

$2,500

$2,000,000 +

$4,000


Eligibility

Promotional Credit can only be paid into an open M1 Payment Account2 (non-retirement), and this offer is available only to customers 18 years or older who are U.S. Citizens or certain eligible 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.

2Payment Accounts: Promotional Credits are deposited into your designated “Payment Account”. A Payment Account must be an individual or joint brokerage account (funding not required). A Payment Account cannot be a retirement account. You are required to have an open Payment Account to receive any Promotional Credits.

General Conditions: By participating in this 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 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.

General Conditions

By participating in this 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 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.

This promotion expires at 11:59pm ET on May 31, 2021.

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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 technolo- gy 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.

Brokerage products are: Not FDIC Insured • No Bank Guarantee • May Lose Value

M1 Plus is an annual membership that confers benefits for products and services offered by M1 Finance LLC and M1 Spend LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. “M1” refers to M1 Holdings Inc., and its affiliates.

All investing involves risk, including the risk of losing the money you invest, and past performance does not guarantee future performance. Borrowing on margin 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, and tax advisors.

Brokerage products and services offered by M1 Finance LLC, an SEC registered broker-dealer and Member  FINRA /  SIPC.

No minimum balance to open account. No minimum balance to obtain APY (annual percentage yield). APY valid from account opening. Fees may reduce earnings. Rates may vary.

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

Address: 200 N LaSalle St., Ste. 800; Chicago, IL 60601

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