M1 Finance
Type | Privately held company |
Industry | Fintech |
Founded | April 20, 2015; 6 years ago |
Founder | Brian Barnes |
Headquarters | 200 N LaSalle St Ste. 800, Chicago, Illinois, United States |
Key people | Brian Barnes (Founder, CEO) |
Products | M1 Borrow, M1 Invest, M1 Spend |
Services | Commercial banking, Stock brokerage, Wealth management, Electronic trading platform |
Parent | M1 Holdings Inc. |
Website | https://www.m1finance.com/ |
- Founded in 2015, the company offers a robo-advisory investment platform with brokerage accounts, digital checking accounts, and lines of credit.
- Financial assets including common stocks, preferred stocks, fractional-share ownership, and exchange-traded funds.
- It provides margin lending, automatic rebalancing services, automatic dividend reinvestment services, and cash management services including debit cards.
- The company receives payment for order flow.