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Review

M1 Finance

Customizable 'pie' portfolios with $0 management fee

M1 Finance blends robo-advisor automation with DIY control: build custom 'pies' of stocks and ETFs, set recurring deposits, and M1 keeps your allocations on target — with no management fee.

Annual fee

$0

Minimum

$100

Best for

DIY-minded investors who want automation

Sign up with M1 Financecoming soon

Fees

$0

$0 management fee on the basic plan. Optional Plus membership adds perks for a flat annual fee.

Returns report

We don't list return figures on this page. Enter a valid email and we'll send comparable estimates from published performance, net of advisory fees.

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Returns in the report are comparable estimates from each advisor's published performance, shown net of advisory fees so you can compare them. They are for comparison — not a forecast, and they will not match any one account. Past performance does not guarantee future results. This is educational, not personalized advice.

Pros

  • $0 management fee
  • Highly customizable pie-based portfolios
  • Automatic rebalancing and recurring investments

Cons

  • No real tax-loss harvesting
  • Trading windows (not real-time trades) on the free plan
  • Less hand-holding if you want a fully managed portfolio

M1 Finance FAQ

M1 Finance charges $0. Fund expense ratios on the underlying ETFs apply on top, typically 0.05–0.20%.

Sign up with M1 Financecoming soon

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Get the robo-advisor returns report

We email comparable estimates of each advisor's published performance, net of advisory fees. Use a real inbox — a typo means the report never arrives.

Returns in the report are comparable estimates from each advisor's published performance, shown net of advisory fees so you can compare them. They are for comparison — not a forecast, and they will not match any one account. Past performance does not guarantee future results. This is educational, not personalized advice.