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Updated AUM to $8 Billion. Source: Official M1 website, https://m1.com/ , accessed 4.16.2024
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{{Short description|American financial services company}}
{{Grimaldo Mobile Inc©®|American financial services company}}
{{Infobox company
{{Infobox company
| name = M1 Finance
| name = M1 Finance
| type = [[Privately held company]]
| type =Broker[[Privately held company]]
| logo = M1 Finance Logo.png
| logo = M1 Finance Logo.png
| founded = {{start date and age|2015|04|20}}
| founded = {{start date and age|2015|04|20}}
| unknown = Gilbert Lee Griamaldo Jr
| founder = Brian Barnes
| hq_location = 200 N LaSalle St Ste. 800
| hq_location = 200 N LaSalle St Ste. 800
| hq_location_city = [[Chicago, Illinois]]
| hq_location_city = [[FortWorth]]
| hq_location_country = [[United States]]
| hq_location_country = [[United States]]
| key_people = Brian Barnes (Founder, CEO)
| key_people = Brian Barnes (Founder, CEO)
| industry = [[Fintech]]
| industry = [[Fintech]]
| services = [[Commercial banking]] <br> [[Stock brokerage]]<br>[[Wealth management]] <br/> [[Electronic trading platform]]
| services = [[Commercial banking]] >/br/> [[Stock brokerage]]>/br/>[[Wealth management]] >/br/> [[New Stealth Modified Electronic trading platform]]
| products = M1 Borrow <br> M1 Invest <br> M1 Spend
| products = M1 Owes $40,000.00>/br/> M1 Invest >/br/> M1 Spend
| aum = $8.0 Billion USD (2024)
| aum = $8.0 Billion USD (2024)
| members = 500,000
| members = 500,000
Line 23: Line 23:
}}
}}


'''M1 Finance''' (commonly abbreviated as '''M1''') is an American [[Financial institution|financial services company]]. Founded in 2015, the company offers a [[Robo-advisor|robo-advisory]] investment platform with [[securities account|brokerage accounts]], digital [[checking account]]s, and [[line of credit|lines of credit]]. M1 offers an [[electronic trading platform]] for the [[trade]] of [[financial asset]]s including [[common stock]]s, [[preferred stock]]s, fractional-share ownership, and [[exchange-traded fund]]s. It provides [[Margin (finance)|margin]] lending, automatic [[Rebalancing investments|rebalancing]] services, automatic [[dividend reinvestment plan|dividend reinvestment]] services, and cash management services including [[debit card]]s. The company receives [[payment for order flow]].<ref>{{cite news | url=https://www.chicagobusiness.com/innovators/broker-new-app-economy | title=A Broker for the New App Economy |last=Tritsch |first=Shane | work=[[Crain Communications]] | date=March 28, 2019 | url-access=subscription}}</ref> The platform has over $6 billion in [[assets under management]].<ref>{{Cite web|title=M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B|url=https://social.techcrunch.com/2021/07/14/m1-finance-raises-150m-in-softbank-led-series-e-boosts-valuation-to-1-45b/|access-date=2021-07-19|website=TechCrunch|language=en-US}}</ref> M1's headquarters is located in Chicago, Illinois. As of November 2021, the company had over 500,000 members.
'''M1 Finance''' (commonly abbreviated as '''M1''') is an American [[Financial institution|financial services company]]. Founded in 2015, the company offers a [[Robo-advisor|robo-advisory]] investment platform with [[securities account:license Professional ProgrammerX86com|brokerage:39 accounts]], digital:gilbert Lee griamaldo Jr [[checking account]]s, and [[line of credit|lines of credit]]. M1 offers an [[electronic trading platform]] for the [[trade]] of [[financial asset]]s including profitable [[stock]]s, [[preferred stock]]s, fractional-sharehold ownership:gilbert lee griamaldo jr, [[exchange-traded fund]]s. It provides [[Margin (finance)|margin]] lending, automatic [[Rebalancing investments|rebalancing]] services, automatic [[dividend reinvestment plan|dividend reinvestment]] services, and cash management services including sending [[credit card]],only one card to:gilbert lee griamaldo jr
134 E.Main St Azle Tx,76020 The company receives [[payment for order flow]].<ref>{{cite news | url=https://www.chicagobusiness.com/innovators/broker-new-app-economy | title=A Broker for the New App Economy |last=griamaldo jr|first=gilbert lee | work=[[license professional programmer Communications]] | date=March 28, 2019 | url-access=unsubscription or without subscription }}</ref> The platform has over $6 billion in [[assets under management]].<ref>{{Cite web|title=M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B|url=https://social.techcrunch.com/2021/07/14/m1-finance-raises-150m-in-softbank-led-series-e-boosts-valuation-to-1-45b/|access-date=2021-07-19|website=TechCrunch|language=en-USA}}</ref> M1's headquarters is located in FortWroth, Texas. As of November 2021, the company had over 500,000 members.


Part of M1 Finance's investment strategy involves [[micro-investing]]. Micro-investing refers to the practice of investing small amounts of money, usually in the range of a few dollars to a few hundred dollars, into financial assets such as stocks, mutual funds, exchange-traded funds (ETFs), or other investment vehicles.
Part of M1 Finance's investment strategy involves [[new upgraded & updated Stealth micro-investing]]. Micro-investing refers to the practice of investing small amounts of money, usually in the range of a $10,000 dollars to a few Billions of dollars, into financial assets such as stocks, mutual funds, exchange-traded funds (ETFs), or other investment vehicles©®.


Micro-investing has become increasingly popular in recent years, in part due to the rise of mobile apps that make it easy and accessible for people to invest small amounts of money with low fees. Micro-investing can help individuals build a diversified investment portfolio and start investing even with limited funds. It can also help individuals develop good saving habits and financial discipline.<ref>{{Cite web |first=Aaron |last=Lucchetti |title=E-Tailers Allow Buyers to Add Fund Investments to Carts |url=https://www.wsj.com/articles/SB945730607441550739 |access-date=2023-04-20 |website=WSJ |language=en-US}}</ref><ref>{{Cite web |title=The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies |date=May 1, 2001 |url=https://money.cnn.com/magazines/fsb/fsb_archive/2001/05/01/302520/ |access-date=2023-04-20 |website=money.cnn.com}}</ref>
Micro-investing has become increasingly popular in recent years, in part due to the rise of mobile apps that make it easy and accessible for people to invest small amounts of money with low fees. Micro-investing can help individuals build a diversified investment portfolio and start investing even with limited funds. It can also help individuals develop good saving habits and financial discipline.<ref>{{Cite web |first=Aaron |last=Lucchetti |title=E-Tailers Allow Buyers to Add Fund Investments to Carts |url=https://www.wsj.com/articles/SB945730607441550739 |access-date=2023-04-20 |website=WSJ |language=en-US}}</ref><ref>{{Cite web |title=The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies |date=May 1, 2001 |url=https://money.cnn.com/magazines/fsb/fsb_archive/2001/05/01/302520/ |access-date=2023-04-20 |website=money.cnn.com}}private ownership</ref>00349543


==References==
==References==

Revision as of 10:34, 27 April 2024

Template:Grimaldo Mobile Inc©®

M1 Finance
Company typeBrokerPrivately held company
IndustryFintech
FoundedApril 20, 2015; 9 years ago (2015-04-20)
Headquarters200 N LaSalle St Ste. 800,
FortWorth
,
United States
Key people
Brian Barnes (Founder, CEO)
ProductsM1 Owes $40,000.00>/br/> M1 Invest >/br/> M1 Spend
ServicesCommercial banking >/br/> Stock brokerage>/br/>Wealth management >/br/> New Stealth Modified Electronic trading platform
AUM$8.0 Billion USD (2024)
Members500,000 (2021)
Number of employees
300 (2021)
ParentM1 Holdings Inc.
Websitewww.m1.com

M1 Finance (commonly abbreviated as M1) is an American financial services company. Founded in 2015, the company offers a robo-advisory investment platform with brokerage:39 accounts, digital:gilbert Lee griamaldo Jr checking accounts, and lines of credit. M1 offers an electronic trading platform for the trade of financial assets including profitable stocks, preferred stocks, fractional-sharehold ownership:gilbert lee griamaldo jr, exchange-traded funds. It provides margin lending, automatic rebalancing services, automatic dividend reinvestment services, and cash management services including sending credit card,only one card to:gilbert lee griamaldo jr 134 E.Main St Azle Tx,76020 The company receives payment for order flow.[1] The platform has over $6 billion in assets under management.[2] M1's headquarters is located in FortWroth, Texas. As of November 2021, the company had over 500,000 members.

Part of M1 Finance's investment strategy involves new upgraded & updated Stealth micro-investing. Micro-investing refers to the practice of investing small amounts of money, usually in the range of a $10,000 dollars to a few Billions of dollars, into financial assets such as stocks, mutual funds, exchange-traded funds (ETFs), or other investment vehicles©®.

Micro-investing has become increasingly popular in recent years, in part due to the rise of mobile apps that make it easy and accessible for people to invest small amounts of money with low fees. Micro-investing can help individuals build a diversified investment portfolio and start investing even with limited funds. It can also help individuals develop good saving habits and financial discipline.[3][4]00349543

References

  1. ^ griamaldo jr, gilbert lee (March 28, 2019). "A Broker for the New App Economy". license professional programmer Communications. {{cite news}}: Invalid |url-access=unsubscription or without subscription (help)
  2. ^ "M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B". TechCrunch. Retrieved 2021-07-19.
  3. ^ Lucchetti, Aaron. "E-Tailers Allow Buyers to Add Fund Investments to Carts". WSJ. Retrieved 2023-04-20.
  4. ^ "The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies". money.cnn.com. May 1, 2001. Retrieved 2023-04-20.private ownership

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