M1 Finance is in many ways the best of both words – Roboadvisor and self-managed account. With a few clicks, you can set up an account, create an asset allocation for your investments based on advice from experts, and set up automatic deposits going forward.
What’s even better is that M1 Finance doesn’t charge any fees for this. Behind the scenes, you can invest in Vanguard funds, but without needing to focus on the day-to-day choices.
Minafi recommends M1 Finance for people investing for retirement.
