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Comments on “M1 Finance”
Posts » M1 Finance » Comments » Comment
Jake Fisher@venturejakef · PitchDeck Consultant, Venture Formations
I have looked into quite a few of the new robo-advisors and investing startups. M1 was the only platform that allowed me to manage my self-employed IRA's that fit my active management style with no fees. Excited to see how these guys progress!
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Alex Bass@alexhbass · President & Co-Founder, CyberBytes Inc.
@venturejakef there are fees though, .25% yearly for between $1k-$100k. It's kind of a mixture between Weathfront and Robinhood. Weathfront charges .25% annual as well, but the first $10k is managed for free. So you get an additional $9k managed for free over M1. Looks interesting if you want it all in one place, for now I'm sticking with Robinhood for pe… See more
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Cruz Welborn@gcwelborn · Software Developer @ Synacor
@alexhbass @venturejakef Alex I also use Robinhood/Wealthfront primarily. I've been looking to move single stock picks i've made on Robinhood into my Roth IRA (not currently possible AFAIK). I might try out m1 in the next month, but the hassle of trying out finance-related apps is a bit of a drag so we'll see
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Jake Fisher@venturejakef · PitchDeck Consultant, Venture Formations
@gcwelborn @alexhbass I agree with you both, Robinhood is what I use for my primary trading. I use M1 for my IRA's due to being able to actually manage them without trade fees unlike Betterment/Wealthfront.
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Matthew Witt@matthewwitt · CMO, M1 Finance
@venturejakef Thank you for the kind words. We designed M1 as a balance between the best passive and active investing applications to offer a singular investing product that can adapt to your individual needs. We're glad you're enjoying using M1!
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Matthew Witt@matthewwitt · CMO, M1 Finance
@gcwelborn @alexhbass @venturejakef We'd definitely love to have you check out M1. We understand it can be time-consuming to move money from one platform to another, so we'd also appreciate any insights or feedback into what would make the process easier for you. Thanks for your interest in M1!
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