Transfer funds between M1 Invest Accounts through M1 Checking
The easiest way to move funds from one account to another is through an M1 Checking Account. You can access the M1 Checking Accounts by clicking on the "Spend" tab on your account.
Transfer funds between M1 Invest Accounts through your external bank
If you don’t want to open an M1 Checking Account, you will need to withdraw the funds back to your external bank account, then re-deposit them into the other M1 account through the “Home” tab.
Request an internal transfer of holdings between accounts
To request an internal transfer of holdings between accounts, please contact us. If you are looking to transfer funds between accounts, please refer to either process explained above.
What can you expect with this process?
Once our transfers team submits your request, if approved, it will typically complete within four to five business days.
Trading will be paused in the delivering account during the transfer process. Your delivering account will be closed once the transfer is complete. Please make sure that the receiving account has the proper “Auto-Invest" settings and a Pie you would like to use going forward after the transfer completes.
If you have a scheduled deposit to the delivering account, please disable it. If you would like the scheduled deposit to remain in the receiving account, you will need to re-enable it after the transfer is complete.
Please contact us for any other questions about transferring between M1 Invest Accounts.