M1 Finance vs Betterment

Struggling to choose between M1 Finance and Betterment? Both products offer unique advantages, making it a tough decision.

M1 Finance is a Finance solution with tags like investing, trading, stocks, etfs, roboadvisor.

It boasts features such as Automated investing, Customizable portfolios, Free stock trading, Fractional share investing, Dividend reinvesting, Retirement accounts, Mobile app and pros including No commissions or fees, Easy to use interface, Automated rebalancing, Low minimum balances, Great for beginners.

On the other hand, Betterment is a Finance product tagged with roboadvisor, portfolio-management, asset-allocation, etfs, index-funds.

Its standout features include Automated portfolio management, Tax-loss harvesting, Fractional share investing, Socially responsible investing options, Retirement planning tools, and it shines with pros like Easy set-up, Low fees, Automated rebalancing, Variety of account types.

Feature	M1 Finance	Betterment
Overall Score	N/A	N/A
Primary Category	Finance	Finance

Product Overview

M1 Finance

Description: M1 Finance is an automated investing platform that offers free stock trading and portfolio management. It allows users to create custom portfolios with stocks and ETFs based on their preferences and investment goals.

Betterment

Description: Betterment is an automated investing platform that manages investors' portfolios by diversifying across stocks and bonds. It helps everyday people save time and invest wisely for the future.

Key Features Comparison

M1 Finance Features

• Automated investing
• Customizable portfolios
• Free stock trading
• Fractional share investing
• Dividend reinvesting
• Retirement accounts
• Mobile app

Betterment Features

• Automated portfolio management
• Tax-loss harvesting
• Fractional share investing
• Socially responsible investing options
• Retirement planning tools

Pros & Cons Analysis

M1 Finance

Pros

• No commissions or fees
• Easy to use interface
• Automated rebalancing
• Low minimum balances
• Great for beginners

Cons

• Limited investment options
• No advanced trading options
• No cryptocurrency investing
• No margin trading
• Lacks some reporting features

Betterment

Pros

• Easy set-up
• Low fees
• Automated rebalancing
• Variety of account types

Cons

• No control over specific investments
• Higher minimum balance than some competitors
• Limited customer service options

Pricing Comparison

M1 Finance

• Free
• Freemium

Betterment

• Subscription-Based