Additional Information

You can invest, borrow, and spend with one easy-to-use platform

Latest Version M1 Finance - Tools for the modern investor
Requirements

macOS 10.14 Mojave or later

Updated June 25, 2023
Author M1 Holdings Inc.
Category Office and Business Tools
License Freeware
Language English
Download 52

Overview

M1 Finance for Mac is an automated investing platform that offers experienced users a perfect place to set up their assets, extract the maximum amount of earnings, and take full advantage of extensive portfolio customization at a low cost.

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With no fees for trading or account management, M1 Finance has managed to attract a large base of international users interested in a wide array of robo-advisory services for handling a wide array of financial assets including common stocks, preferred stocks, exchange-traded funds, and fractional-share ownership.
Since its establishment in 2015, this platform has become best known for automatic rebalancing services, margin lending, automatic dividend reinvestment services, debit cards management, and much more. As of early 2022, M1 Finance for macOS has attracted over 500 thousand members and holds over $4.5 billion in assets.

To start managing funds with M1 Finance, users are first prompted to register and create a free account, learn about platform offerings, construct the base portfolio with built-in tools, and then pick the exact type of the financial account (brokerage, Traditional IRA, Roth IRA, SEP IRA, custodial, and trust accounts). Accounts are required to have a minimum starting of funds of $100 ($500 for IRAs) before users can access investing tools.

The automated approach of M1 Finance for Mac means that users are encouraged to set clear goals for their investment, and the cloud-powered financial service will immediately start performing financial calculations without even having human consultation or advisory offerings. There are no hand-holding or detailed assurances, but instead, users simply have to watch their assets grow in accordance with their financial plans. Detailed flexibility is offered in the various Account Services, Portfolio Construction, and Portfolio Management tools. The most important products offered by M1 Finance are M1 Borrow, M1 Invest, and M1 Spend.

M1 Finance is available for access via two platforms. This first one is via any modern browser, where a stylish dashboard showcases extensive reporting of the market status and performance metrics, and a simple to use tabbed interface. Alternatively, users can access the full functionality of M1 Finance for macOS via official mobile apps on iOS and Android devices. The entire platform is protected by two-factor authentication, military-grade 4096-bit encryption, and several insurance options.

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M1 Finance - Tools for the modern investor June 25, 2023 1024 KB