How To Transfer From M1 Finance To E*TRADE 2024

M1 Finance is a newer commission free stock trading and money management app.

E*TRADE is one of the most well known brokerages out there today.

If you're looking to transfer your assets from M1 over to E*TRADE, here are step by step instructions on how to do so.

Check out my video on how to transfer your brokerage account below, let's dive in!

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Here's what you need to know:

• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
• All Robinhood investors will get a 1% Match on what they Contribute or Transfer
• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

Brokerage	Promotion	Link
	1 Free Fractional Share Worth Up To $200	Learn More
	Earn Up To 40 Free Fractional Shares	Learn More
	5 Free Stocks When You Deposit $100+	Learn More
	$20 Bonus When You Invest $5+	Learn More

1. Gather M1 Finance Account Info

There is some information needed from M1. The most crucial is your account number at M1 Finance.

To locate your M1 Finance account number effortlessly, follow these simple steps using the mobile app:

1. Open the M1 Finance App: Begin by launching the M1 Finance mobile application on your device.
2. Access Your Profile: Look for the Profile icon situated in the top right corner of the app interface. It's usually represented by a small avatar or your profile picture.
3. Navigate to Accounts: Within the Profile section, explore the Settings options. Once there, you will find an "Accounts" tab — tap on it to proceed.
4. Locate Your Account Number: Upon entering the Accounts section, your M1 Finance account number will be prominently displayed under the heading "Invest." It is a unique identifier for your account, facilitating seamless transactions and account management.

You will need this account number to initiate the transfer.

2. Initiate The Transfer

The first step is to open an E*TRADE account if you don’t already have one.

Then, log on with your user ID and password.

There’s a simple Transfer An Account Feature for the quickest way. It will guide you step-by-step through the process and ask you for your M1 Finance account number.

Consider the Fees

Before initiating the transfer, be aware of the fees involved.

M1 Finance charges a $100 fee for outgoing ACAT (Automated Customer Account Transfer) transfers for all account types.

Additionally, there is an extra $100 closing fee for retirement accounts.

Make sure you have the necessary funds available to cover these charges.