How do I transfer a brokerage account into M1?

Brokerage Account Transfers and Rollovers

Before you get started, make sure you have an account open with M1 that matches the account type being transferred.

For example: a Joint Brokerage Account must be transferred to an M1 Joint Brokerage Account and a Roth IRA must be transferred to an M1 Roth IRA. Learn how to open additional accounts. 

To initiate an account transfer to M1:

  1. Navigate to the Home tab and select "Move Money"
  2. Select "More options"
  3. Select "Transfer from another brokerage"

To prepare for your incoming transfer, please review this article 

 

FAQ 

How long does a brokerage account transfer take? 

Full account transfers usually process in 5-7 business days. 

 

How do I track the status of my transfer? 

You can now track the status of most full account transfers from the home screen of your account on the web or the newest version of the mobile app..  

Select “All Activity” and the status of your account transfer will be available under “Pending Brokerage Transfers.” 

Learn more about tracking your brokerage account transfer. 

 

Does M1 charge an incoming transfer fee? 

M1 does not charge an incoming transfer fee. Other brokerages may charge a fee for an outgoing transfer. Please contact your other brokerage for more information.  

Learn about any M1 fees. 

 

What securities does M1 support? 

M1 does not support trading of options, warrants, mutual funds, rights, cryptocurrencies, bonds, short positions, or foreign assets/currencies.  

Learn more about supported securities. 

 

 

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M1 disclosures here.

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