Reddit · r/investing · Apr 22, 2026
PositiveSummary of a Reddit comment
They used M1 Finance for about ten years before leaving for a pricey Ramsey-referred advisor. After seeing the advisory fees, they say they loved M1 and regret ever leaving it.
M1 Reviews
Brokerage
How the signal works
The signal score
A score out of 100 for how well reviewed a product is. It rises with positive reviews and with how many there are; negative and mixed reviews take points off.
So a handful of glowing reviews can’t beat a product lots of people like. No sponsored placements.
What people mention
Often liked
Common concerns
Topics grouped from customer reviews, with how many mention each; read the originals below.
Real customer experiences (40)
Add your reviewShowing 3 reviews mentioning reliable Show all
Reddit · r/M1Finance · Sep 20, 2025
PositiveSummary of a Reddit comment
Picks their own ETFs for Roth IRA and brokerage accounts, and auto-rebalancing spreads deposits across holdings and rebalances the whole portfolio when a fund is swapped; loved it.
Reddit · r/M1Finance · Feb 16, 2025
PositiveSummary of a Reddit comment
Pie-based portfolio automation beats Fidelity for hands-off long-term holdings after several years of use.
Common questions about M1
Is M1 worth it?
Of the 40 reviews with a clear verdict, 35% are positive, 28% mixed and 38% negative. The praise mentioned most is easy to use. The most common complaint is poor support.
What do people like about M1?
The praise reviewers mention most: easy to use (19 reviews), good rate (3 reviews) and reliable (3 reviews). For example: Pie-based portfolio automation beats Fidelity for hands-off long-term holdings after several years of use.
What are the most common complaints about M1?
The complaints reviewers mention most: poor support (8 reviews), hidden fees (5 reviews) and buggy app (2 reviews). For example: Delayed and messy tax documents hold up scholarship applications and annual tax filing.
What does the signal score of 61 mean?
It's how well reviewed M1 is, out of 100. Negative and mixed reviews take points off, and so does having only a few reviews: a product needs plenty of them, compared with the most-reviewed products here, to reach the high 80s and 90s. It's worked out from reviews only, needs at least 5 of them, and updates as new ones come in.
What are the specs of M1?
Category: Brokerage. Type: Investing app and brokerage. Fees: $3/month platform fee, waived over $10,000; no commission or management fees. Rates & rewards: 3.35% APY on M1 High-Yield Cash Account; borrow against portfolio at 5.90%.
Where do these M1 reviews come from?
40 are quotes from Reddit, each linked to the original. Customer reviews are checked for spam before they appear. Every review, written here or quoted, is read as positive, mixed or negative.