![]() ![]() Reallocation of any Transfer Account Value funds transferred for this Q4 Promotion either externally, or internally to any other M1 services (e.g., M1 Spend), prior to the Payout Date will disqualify you from the Q4 Promotion. The “Transfer Account Value” is determined as the current market value of all holdings and cash transferred during this Promotion Period, in aggregate, on the day the transfer is completed to the qualifying account which must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading, market volatility or margin debit balances) at time of the Payout Date. If you satisfy the aforementioned conditions, M1 will make a one-time deposit into the cash balance of your M1 taxable investment account equal to the applicable Promotional Credit 1 based on the aggregate Transfer Account Value 2 (see table below) on J(the “Payout Date”), however, the following accounts are ineligible to receive any Promotional Credit: any retirement, custodial or trust accounts. ![]() Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities. This offer is non-transferable, and not valid with any of the following: (i) internal transfers, (ii) ACH deposits (bank transfers), (iii) wire transfers, or (iv) direct 401(k) rollovers.Ĭryptocurrency is not eligible for ACATS. Any unsuccessful ACATS will be deemed ineligible. The appropriate M1 account must receive instructions to complete an ACATS prior to expiry of the Promotion Period. Promotion Period: Novem(12:00 AM EST) through December 26th, (11:59 PM EST).ĭuring the Promotion Period, this promotional offer is valid for new and existing M1 customers who successfully complete an Automated Customer Account Transfer Service (“ACATS”) of at least $50,000 in aggregate during the Promotion Period (the “November Promotion”). Promotional Credits (see table below) will be paid to eligible clients on June 6, 2023.Submit a transfer request from another brokerage account during the Promotion Period. ![]() if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |