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Working at M1 Finance

Zippia score 4.1

Overview

JobsSalaryRevenue

Reviews

DemographicsCompetitorsCEO & Executives

M1 Finance overview

Industry
Internet Software & Services
Revenue
$8.5M
Headquarters
Chicago, IL
Employees
300
Founded in
Website
Organization type
Private
CEO
Brian Barnes
Social media
M1 FINANCE: SMART MONEY MANAGEMENT M1 Finance helps you manage and grow your money with ease, control, and intelligent automation on one integrated, secure platform. By combining free investing with cash management and portfolio lines of credit, M1 provides over 150,000 people with choice and control over a total of more than $1 billion in assets. SIMPLE M1 makes it easy to be invested exactly the way you want. You can invest in any company or ETF that trades on the NYSE or NASDAQ. With our intuitive design, it's simple to build and organize your personalized investment portfolio. CONVENIENT Once you've built your custom portfolio, M1 is as easy to manage as a savings account. Just deposit or withdraw money and M1 intelligent automation does the work to keep your portfolio on track. You can also set up recurring funding to build your investments over time. NO FEES, NO COMMISSIONS, NO NONSENSE We charge no fees or commissions, so you can put your money toward your investments, not costly brokerage fees. Stop paying commissions and the high fees financial advisors and other brokerages charge and keep more of your hard-earned money. BRING YOUR RETIREMENT INTO FOCUS You'll have the ability to easily roll over existing 401(k)s into a low-cost IRA, seeking to maximize investment opportunities and lower your fees. Don't worry about the hassle of rollover paperwork because our Rollover Concierge team can guide you through the process. EXPERT PORTFOLIOS We offer dozens of professionally designed portfolios to help get you started. No matter your goal, we have an expert portfolio to meet your needs. You can use our expert portfolios for your entire portfolio or just a part - your choice. FRACTIONAL SHARES M1 puts every penny to work in your portfolio with fractional shares, ensuring that every dollar's potential is maximized. With M1, you're truly fully invested, because money will never sit idle. Fractional shares allow you to easily and inexpensively build a diversified portfolio. SERIOUS SECURITY Your security is extremely important to us. You can rest easy knowing all data transferred and stored is protected with best-in-class security standards, including 2048-bit encryption. Plus, as a member of the Securities Investor Protection Corporation (SIPC), all securities in your account are protected up to $500,000. (See http://www.sipc.org for more details.) DISCLAIMERS: To contact us, please email support@m1finance.com or use the Support Center in the application. These are investment products and are not FDIC insured or bank guaranteed. It is possible your investments could lose value. Diversification is not a guarantee of investment returns. This is not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where M1 Finance is not registered. Please note that retirement accounts may have additional fees. Market volatility, volume, and system availability may delay account access and trade executions. Please note that traditional IRA withdrawals are subject to ordinary income tax and, if taken prior to age 59 1/2, may be subject to a 10% Federal tax penalty. © M1 Finance LLC, Member FINRA / SIPC
The staff at M1 Finance come from unusually diverse demographic backgrounds. The company is 25.2% female and 42.1% ethnic minorities. Despite its diversity in other areas, M1 Finance employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. M1 Finance has great employee retention with staff members usually staying with the company for 3.9 years.
M1 Finance is a medium internet company with 300 employees and an annual revenue of $8.5M that is headquartered in Chicago, IL.

M1 Finance's mission statement

We will passionately apply ourselves to deliver immense value to our customers, knowing if they succeed, so too will the company.

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The team at M1 Finance

  • The founders of M1 Finance are Brian Barnes and Bob Armour.
  • The key people at M1 Finance are Brian Barnes and Bob Armour.
Key people
Brian Barnes
Bob Armour

M1 Finance rankings

M1 Finance is ranked #46 on the Best Internet companies to work for in Illinois list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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M1 Finance salaries

Average M1 Finance salary
$52,831
yearly
$25.40 hourly
Updated March 14, 2024

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M1 Finance diversity

9.9
Diversity score
We calculated M1 Finance’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of M1 Finance’s workforce.
M1 Finance diversity summary. Zippia estimates M1 Finance's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated M1 Finance's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of M1 Finance's workforce.
  • M1 Finance has 300 employees.
  • 25% of M1 Finance employees are women, while 75% are men.
  • The most common ethnicity at M1 Finance is White (58%).
  • 24% of M1 Finance employees are Hispanic or Latino.
  • 10% of M1 Finance employees are Black or African American.
  • The average employee at M1 Finance makes $52,831 per year.
  • M1 Finance employees are most likely to be members of the republican party.
  • Employees at M1 Finance stay with the company for 3.9 years on average.

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M1 Finance financial performance

7.9
Performance score

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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of M1 Finance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about M1 Finance. The employee data is based on information from people who have self-reported their past or current employments at M1 Finance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by M1 Finance. The data presented on this page does not represent the view of M1 Finance and its employees or that of Zippia.

    M1 Finance may also be known as or be related to M1 Finance, M1 Holdings and M1 Holdings LLC.