Jumpstart your M1 investing journey with a big bonus 

New Customer ACATS Promotion: Transfer a brokerage account to M1 and earn up to $10,000 

During the Promotion Period, new M1 customers that transfer a brokerage or retirement account to M1 within thirty (30) calendar days from New User Sign-up Date can earn up to $10,000. Here’s how to get started: 

1. Get a copy of a recent account statement from your brokerage.  

2. Ensure you open an account at M1 that matches the account type you’re transferring (e.g. if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1). 

3. Submit a transfer request from another brokerage account within thirty (30) calendar days from New User Sign-up Date during the Promotion Period. Click here for the M1 ACATS Transfer Form. 

4. Promotional Credits (see table below) will be paid to eligible clients on April 30, 2024.

TERMS AND CONDITIONS 

Promotion Period: June 26, 2023 (12:00 AM EST) through August 14, 2023 (11:59 PM EST). 

During the Promotion Period, this promotional offer is valid for all new users who have never registered for an M1 user account and meet the eligibility requirements described below will be eligible to receive a one-time cash reward deposited into your newly opened M1 taxable invest account (the To be eligible for this Promotion (the “New Customer ACATS Promotion”), and during the Promotion Period, you must (1) have never registered for an M1 user account; (2) successfully open an M1 investment account; (3) AND successfully complete an Automated Customer Account Transfer Service (“ACATS”) of at least $50,000 in aggregate (“Transfer Account Value¹”) to an M1 investment account within the first thirty (30) calendar days of New User Sign-up Date. “New User Sign-up Date” shall mean the first day you submit a valid email and password to create a user login at M1. You can make these transfers on any day within thirty (30) calendar days of New User Sign-up Date, so long as the aggregate Transfer Account Value is at least $50,000. Any unsuccessful ACATS will be deemed ineligible. This offer is non-transferable, and not valid with any of the following: (i) internal transfers, (ii) ACH deposits (bank transfers), (iii) wire transfers, or (iv) direct 401(k) rollovers.    

Cryptocurrency is not eligible for ACATS. Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.  

If you satisfy the aforementioned conditions, M1 will make a one-time deposit into the cash balance of your M1 taxable investment account equal to the applicable Promotional Credit² based on the aggregate Transfer Account Value¹ (see table below) on April 30, 2024 (the “Pay-out Date”). However, the following accounts are ineligible to receive any Promotional Credit: any retirement, custodial, or trust accounts. You are only eligible to receive one Promotional Credit² under this Promotion.

The “Transfer Account Value” is determined as the current market value of all holdings and cash transferred during this Promotion Period, in aggregate, on the day the transfer is completed to the qualifying account which must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading, market volatility or margin debit balances) at time of the Payout Date. Reallocation of any Transfer Account Value funds transferred for this New Customer ACATS Promotion either externally, or internally to any other M1 services (e.g., M1 Spend), prior to the Payout Date will disqualify you from the New Customer ACATS Promotion. The Promotion Credit deposited by M1 is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. M1 Finance may charge the account for the cost of the offer at its sole discretion. M1 reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.  

Transfer Account Value1	Promotional Credit2
$50,000 – $249,999.99	$250
$250,000 – $499,999.99	$1,000
$500,000 – $999,999.99	$2,000
$1,000,000 – $1,999,999.99	$4,000
$2,000,000+	$10,000

Any Promotional Credits will not be applied for any transfer which has completed retroactively.  

You are expressly prohibited from qualifying for or combining this New Customer ACATS Promotion with any other ACATS promotion during this Promotion Period, if any.  

This promotion is not valid with any other offers and is non-transferrable. Offer available only to individuals who are 18 years or older and are legal U.S. Residents. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. This offer is not valid if the name on the M1 account is different than the name on the outside brokerage account requested for the ACATs. 

General Conditions: By participating in this New Customer ACATS Promotion, you agree to release, discharge, indemnify, and hold harmless, M1, its affiliates, retailers, and advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, and employees from any liability or damages that may arise out of participation in this New Customer ACATS Promotion or out of acceptance, use, misuse or possession of the cash deposit attained through this promotion. All applicable federal, state, and local laws and regulations apply. 

Taxes related to M1 promotional offers are your responsibility. All promotional items and cash received during the calendar year will be included on your consolidated Form 1099. You are encouraged to consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. 

Your Personal Information: Personal information collected in connection with this offer will be used in accordance with M1’s Privacy Policy. 

The Promotion Period expires at 11:59 pm ET on August 14, 2023. M1 is the sole timekeeper of this promotion.