Transfer more to earn more
Take the next step in your financial journey with M1 and you could earn up to $4,000 extra to invest.
Move your investments in 3 easy steps
Open an M1 account that matches the account type you’re transferring.
Upload your documents securely through our encrypted form. It only takes 4 minutes.
Let our team take care of the rest. Most transfers are completed within 5-7 days.
Thousands of clients have brought assets to M1 to the tune of $2.2 billion.
November 2022 ACATS Promotion: Transfer a brokerage account to M1 and earn up to $4,000
During the Promotion Period, new and existing M1 customers that transfer a brokerage or retirement account to M1 can earn up to $4,000. Here’s how to get started:
- Get a copy of a recent account statement from your brokerage.
- Ensure you have an account open 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).
- Submit a transfer request from another brokerage account during the Promotion Period. Click here to get started.
- Promotional Credits (see table below) will be paid to eligible clients on June 6, 2023.
TERMS AND CONDITIONS
Promotion Period: November 1, 2022 (12:00 AM EST) through January 14th, 2023 (11:59 PM EST).
During the Promotion Period, this promotional offer is valid for new and existing M1 customers who successfully complete an Automated Customer Account Transfer Service (“ACATS”) of at least $50,000 in aggregate during the Promotion Period (the “November Promotion”). The appropriate M1 account must receive instructions to complete an ACATS prior to expiry of the Promotion Period. 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 Credit1 based on the aggregate Transfer Account Value2 (see table below) on June 6, 2023 (the “Payout Date”), however, the following accounts are ineligible to receive any Promotional Credit: any retirement, custodial or trust accounts. 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 Q4 Promotion either externally, or internally to any other M1 services (e.g., M1 Spend), prior to the Payout Date will disqualify you from the Q4 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 Value2||Promotional Credit1|
|$50,000 – $99,999.99||$100|
|$100,000 – $249,999.99||$250|
|$250,000 – $499,999.99||$500|
|$500,000 – $999,999.99||$1,000|
|$1,000,000 – $1,999,999.99||$2,000|
Any Promotional Credits will not be applied for any transfer which has completed retroactively.
This November Promotion is independent from the M1 Referral Promotion available to you at any given time, but you are expressly prohibited from qualifying for or combining this November Promotion with any other ACATS promotion during this Promotion Period, if any.
General Conditions: By participating in this November 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 November 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.
The Promotion Period expires at 11:59pm ET on January 14th, 2023. M1 is the sole timekeeper of this promotion.