Automated and simplified investing platforms
Broker Review
M1 Pies
M1 Pies entered the market in 2015 under Brian Barnes. Its role in the U.S. retail landscape is distinctive: it automates portfolio weights and rebalancing through the same Pies used by self-directed M1 clients. That positioning determines which customers, instruments and account structures the service is designed to support. The service is not separately listed and therefore has no standalone market capitalization.
Strengths
- Automates portfolio weights and rebalancing through the same Pies used by self-directed M1 clients
Drawbacks
- At M1 Pies, customers surrender security selection and may incur advisory, fund, tax or cash-allocation costs that are not obvious from the headline fee
Profile
What you can trade
M1 Pies invests through its own model universe of ETFs or funds and performs allocation and rebalancing for the customer; this managed account is not designed for security-by-security trading.
Account types
Individual taxable and IRA managed accounts, with joint, trust or goal-specific registrations depending on the adviser. The registration structure reflects the fact that the service automates portfolio weights and rebalancing through the same Pies used by self-directed M1 clients.
Platform
M1 Pies is managed primarily through its consumer web portal and iOS/Android application; trading control is intentionally simpler than an active-broker terminal. The resulting workflow is tailored to a business that automates portfolio weights and rebalancing through the same Pies used by self-directed M1 clients.
Who it suits
Best suited to M1 Pies customers whose principal requirement is the capability described in this profile, rather than investors choosing a broker only because of a zero-commission headline.
Where it is offered
M1 Pies is principally offered to eligible U.S. residents who can supply a Social Security number, domestic address and tax certification. Policies for territories, citizens living abroad and international applicants are specific to this firm.
Regulation and sources
Official website: https://m1.com/ Regulatory status should be verified through FINRA BrokerCheck, SEC/IAPD, NFA BASIC, state regulators or applicable alternative-asset disclosures. Last verified: 2026-08-11.