M1 Finance vs Personal Capital

M1 Finance is a no-fee robo-advisor that allows you to choose your own investments.. How does it compare to Personal Capital? Read our comparison chart below.

M1 Finance offers free automated investing with no commissions or account fees. Unlike other robo-advisors, M1 lets you select your own investments and their automation will manage it for you. This is great for investors who want a say. The downside is that there are no human advisors. The minimum to start is just $100.

While Personal Capital offers free advanced financial tools and paid wealth management services.

Compare M1 Finance with Personal Capital, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	M1 Finance	Personal Capital
	SPECIAL OFFER Commission Free Stock Trading - Learn More Read M1 Finance Review	SPECIAL OFFER Get Started with Personal Capital - Learn More Read Personal Capital Review
	Benefits and Features
Stock Trading	$0
Annual Fee	None	0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million
Minimum Deposit	$100	$100,000
Phone Support	Monday - Friday 9:30 am to 4 pm EST	Yes
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	No	Yes
Robo Advisor
Assets Under Management	$1 Billion	$11.6 Billion
Tax Loss Harvesting	Offers tax-efficient investing	Yes
Goal Tracker	No	Yes
Automatic Deposits	Yes	Yes
Good For	DIY investing with passive portfolio management
Online Platform	Yes	Yes
iPhone App	Yes	Yes
Android App	Yes	Yes
Banking	All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.
Mobile App	Yes
Single Stock Diversification		Yes
Fractional Shares	Yes	No
Taxable Accounts	Yes	Yes
401k Plans	No	Yes
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	Yes	Yes
Trust Accounts	Yes	Yes
529 Plans	No	Yes
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Customer Service
Human Advisors
Robo Advisor
Price
Goal Tracker
Budgeting
Ease of Use
Investment Tracking
Retirement Planning
Pros & Cons	Pros: Choose your own investments Can invest in individual stocks No account fees Cons: Not beginner friendly No human advisors Can only trade once a day	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors
Bottom Line	No-fee robo-advisor that allows you to choose your own investments... Read full review	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review
	Commission Free Stock Trading Transfer Your Account and Earn Up to $2,500 Get $2,500 When You Transfer an Account of $1,000,001+	Get Started with Personal Capital Join Personal Capital For Free Learn more about the Personal Capital Difference
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. M1 Finance: Pricing information from published website as of 02/28/2020 Personal Capital: Pricing information from published website as of 04/30/2020

Which is Better: M1 Finance or Personal Capital?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing M1 Finance or Chase.

In short: Personal Capital's customer service is outstanding.

Articles on M1 Finance

M1 Finance Review
M1 Finance lets you invest in stocks and ETFs without fees. But is it safe? Find out the pros and cons, and if it's legit.
• M1 Finance vs Robinhood
• M1 Finance vs Acorns
• M1 Finance vs Wealthfront

Articles on Personal Capital

Personal Capital
Personal Capital is a free financial tool. But is it legit? Find out how they make money and if it's safe to use.
• Personal Capital vs Betterment
Is Personal Capital Safe
Personal Capital offers free budgeting tools. But is it safe to link all your financial accounts? Learn just how secure Personal Capital is.
Personal Capital vs Quicken
Quicken is the oldest name in personal finance software, while Personal Capital is newer and offers advanced tools for free. Read on to see if it's a good alternative to Quicken.
Personal Capital vs Mint
Personal Capital and Mint are popular budgeting apps. But are they safe to use? Find out how they compare and which one is worth it in this review.

Which Do You Think is Best?

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