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Support Center

Does M1 support Custodial Accounts?

Yes, M1 does support custodial accounts. 

 

Custodial Account

A custodial brokerage account is set up for the benefit of a beneficiary, and administered by a responsible person, known as a custodian, who has a fiduciary obligation to the beneficiary. These are most commonly used to open accounts for minors.

 

To open a custodial account please reach out to our accounts team at accounts@m1finance.com and they will work with you to get your account open.

 

 

 

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