How to transfer accounts out of M1?

We’re sorry to see you go! 


In order to transfer your M1 Invest Account out of M1, please contact the receiving broker (the institution where the account is going) and ask them to initiate the transfer.  

M1 supports automated customer account transfers (ACATs) that are performed by the receiving broker.

The DTC code and clearing firm you reference will depend on your current M1 Account number.

If your account begins in GM:

  • DTC code 1497
  • M1 Finance LLC

If your account does not begin in GM:

  • DTC code 0158
  • Apex Clearing
  • Address:

Apex Clearing c/o Banking

350 N St. Paul Street #1300

Dallas, TX 75201 

Note that there is $100 outgoing ACAT fee for all account types and additional $100 closing fee for retirement accounts. For example:

  • Transferring out your Individual Brokerage Account would incur a fee of $100.
  • Transferring out your Roth IRA would incur a fee of $200.


Breakdown of fees can be found at M1 Fee Schedule.




Was this article helpful?
1 out of 1 found this helpful

Still need help?

We're here for you.

Contact us