Home › Invest › Robo-advisors › SoFi Automated Investing vs M1
Both invest for you automatically. Here's how SoFi Automated Investing and M1 compare on fees, minimums, tax-loss harvesting and cash.
| SoFi Automated Investing | M1 | |
|---|---|---|
| Advisory fee | 0.25%/yr | No management fee on self-directed accounts; $3/month platform fee, waived over $10,000 |
| Minimum to start | $50 | not found |
| Tax-loss harvesting | No (SoFi support says it doesn't offer automated tax-loss harvesting) | not found |
| Cash account APY | not found | High-Yield Cash: 3.35% APY |
Sources: SoFi Automated Investing page (checked 2026-10-12) · M1 page (checked 2026-10-12)
More on SoFi Automated Investing · More on M1 · All robo-advisors
Advisory fee: SoFi Automated Investing 0.25%/yr, M1 No management fee on self-directed accounts; $3/month platform fee, waived over $10,000; Minimum to start: SoFi Automated Investing $50, M1 not found; Tax-loss harvesting: SoFi Automated Investing No (SoFi support says it doesn't offer automated tax-loss harvesting), M1 not found; Cash account APY: SoFi Automated Investing not found, M1 High-Yield Cash: 3.35% APY.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.