M1 Finance Culture | Comparably
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M1 Finance Claimed Company
The Financial Super AppTM read more
EMPLOYEE
PARTICIPANTS
18
TOTAL
RATINGS
215

M1 Finance Company Culture

M1 Finance Culture

This score is derived from employee ratings & reviews
3.0/5
M1 Finance's Overall Culture is rated C-

Top Rated Culture Dimensions

M1 Finance CEO

Bottom 15%Bottom 15% of Similar Size Companies on Comparably
Brian Barnes M1 Finance's CEO
Brian Barnes
57 /100

Diversity at M1 Finance

Bottom 40%Bottom 40% of Similar Size Companies on Comparably
C

Diverse employees at M1 Finance have rated Manager, Work Culture, and Perks And Benefits as the highest categories they have scored

Women at M1 Finance

M1 Finance eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

-7

M1 Finance employees are -7% more likely to recommend M1 Finance as a great place to work

37%Promoters
19%Passives
44%Detractors

Working at M1 Finance

Working at M1 Finance is rated below average by 18 employees, across various culture dimensions. M1 Finance employees rate Meetings highest among all categories, and think that CEO Rating and Executive Team have the most room for improvement, putting M1 Finance’s culture in the Bottom 35% compared to similar sized companies on Comparably and in the Bottom 40% compared to other companies in Chicago. See below in detail how working at M1 Finance was rated by employees.

Overall Company Culture at M1 Finance

C-

Overall Company Culture at M1 Finance is rated C-

Last updated months ago

Bottom
35%

M1 Finance ranks in the Bottom 35% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score

M1 Finance Employee Reviews

Out of 12 M1 Finance employee reviews, 78% were positive. The remaining 22% were constructive reviews with the goal of helping M1 Finance improve their work culture.

78%
22%
Positive Reviews78%
Constructive Feedback22%

Positive Reviews From M1 Finance Employees

  • What do you like best about the leadership team?
    The M1 Finance team is a young creative and flexible team and it is fun to work with my colleagues.
  • What is the best part about your compensation package?
    More than average and lots of benefits.
  • What are some of the best things about your team?
    Young, creative, forward-thinking, but still down-to-earth people.

Constructive Feedback From M1 Finance Employees

  • What does the leadership team need to get better at?
    Creating a better work environment and being better at communication

M1 Finance Company Information

M1 Finance Company Overview

The Financial Super AppTM

M1 Finance was founded in 2015 and its current CEO is Brian Barnes. Since its inception 11 years ago, M1 Finance has grown to 250 employees.

M1 Finance Mission, Vision & Values

M1 Finance Mission Statement

M1 Finance is The Finance Super App that helps people manage and grow their money with control and automation – for free. With over $4 billion in assets under management, M1 has empowered hundreds of thousands of investors to open accounts and improve their financial well-being through investing, digital checking, and lines of credit.

M1 Finance Values

  • Mission Driven
  • Extreame Ownership
  • Boldness
  • Bias for Action
  • Economical
  • Team Oriented
  • Growth Mindset
  • Integrity
Headquarter200 N Lasalle St. Ste 800
Chicago, IL 60601
United States of America
Websitewww.m1finance.com/
Founding Date2015
Tel(312) 600-2883
Company StatusPrivate
Jobswww.m1finance.com/about/company/
Social Sites

M1 Finance Employees

M1 Finance has 250 employees. 18 employees at M1 Finance have reviewed M1 Finance across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 18 M1 Finance employees give their leadership a grade of C-, or Bottom 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at M1 Finance are not very pleased with their total compensation at M1 Finance, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at M1 Finance are generally satisfied with their team. 18 Participants grade the quality of their coworkers a C+. The majority believe the meetings at M1 Finance are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at M1 Finance believe the environment at M1 Finance is positive. Most Participants believe the pace of work at M1 Finance is comfortably fast. About 66% of the employees at M1 Finance work 8 hours or less.

Overall, the employees at M1 Finance are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining M1 Finance - Employee Onboarding

The prevailing opinion from employees about joining M1 Finance is that the company was somewhat prepared on their first day. M1 Finance employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

M1 Finance KPIs and OKRs

At M1 Finance 100% of employees think their department KPIs and OKRs are clear. Employees’ understanding of M1 Finance's KPIs and OKRs is essential for its success. Out of 1 M1 Finance employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.

AnswerPercent
Yes100%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes100%
No0%
Are the KPIs/OKRs for your department clear?

M1 Finance CEO & Leadership

M1 Finance CEO - Brian Barnes

Brian Barnes M1 Finance's CEO
57 /100

M1 Finance’s CEO Brian Barnes started in this role in 2015. Brian’s approval rate is lower compared to CEOs at similar sized companies, putting Brian in the Bottom 15% of all CEOs of similar-sized companies on Comparably, and in the Bottom 15% compared to CEOs of all other companies in Chicago. Brian Barnes’s employees rank M1 Finance in the Top 20% for Meetings, in the Top 30% for Environment, and in the Top 50% for Team.

M1 Finance Leadership

The M1 Finance Executive Team is rated a “D” and led by CEO Brian Barnes, VP of Engineering Steven Gall, and VP Product Ryan Spradlin

  • Brian Barnes  CEO / President

    Brian Barnes CEO / President

    Brian Barnes serves as the CEO / President of M1 Finance.

  • Steven Gall VP of Engineering

    Steven Gall serves as the VP of Engineering of M1 Finance. Steven started at M1 Finance in Apr of 2015. Steven currently... read more

  • Ryan Spradlin VP Product

    Ryan Spradlin serves as the VP Product of M1 Finance.

  • Josh Symonds Chief Information Security Officer

    Josh Symonds serves as the Chief Information Security Officer of M1 Finance. Josh started at M1 Finance in Aug of 2015.... read more

  • Lou Friedmann EVP Marketing

    Lou Friedmann serves as the EVP Marketing of M1 Finance. Lou currently resides in the Greater Chicago Area.

  • Sam McIngvale Director

    Sam McIngvale serves as the Director of M1 Finance.

M1 Finance Salaries

How much does M1 Finance pay?

How much do people at M1 Finance get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at M1 Finance is $100,432, or $48 per hour, while the estimated median salary is $122,128, or $58 per hour.

At M1 Finance, the highest paid job is a General Counsel at $308,358 annually and the lowest is a Sales Associate at $40,693 annually. Average M1 Finance salaries by department include: Engineering at $113,016, Business Development at $121,025, Operations at $82,344, and Legal at $308,357. Half of M1 Finance salaries are above $122,128.

11 employees at M1 Finance rank their Compensation in the Bottom 25% of similar sized companies in the US (based on 35 ratings) while 11 employees at M1 Finance rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 11 ratings).

Last updated months ago.

1st Percentile
$64k
$64k1st Percentile
17th Percentile
$88k
$88k17th Percentile
33rd Percentile
$121k
$121k33rd Percentile
50th Percentile
$195k
$195k50th Percentile
67th Percentile
$254k
$254k67th Percentile
83rd Percentile
$307k
$307k83rd Percentile
100th Percentile
$355k
$355k100th Percentile
$100,432*
Average Compensation
$122,128*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

M1 Finance Salaries by Department

Explore M1 Finance Salaries

Diversity & Inclusion at M1 Finance

Diverse employees at M1 Finance score the company 67/100 across various culture categories, placing M1 Finance in the Bottom 40% of companies on Comparably with 201-500 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at M1 Finance across various culture dimensions.

In June 2020, M1 Finance joined countless organizations in acknowledging that we were not doing our part to address the systemic racism, inequality and lack of diversity in our field. We rightly put a spotlight on a critical issue that deserved attention, and more importantly, demanded action. Now almost a year later, as we officially join more than 50 other companies in the Fintech Equality Coalition, we are excited to share progress to date and outline our commitment to what we have yet to accomplish.,,In summer 2020, we started by establishing mechanisms to better understand the true extent of the problem and ensure all voices at M1 were represented. Specifically, we:,,- Instituted a company-wide benchmarking survey to gauge M1’s understanding of DEI.,- Opened new channels for listening, feedback and ongoing discussion including company-wide Town Halls, Slack channels and anonymous employee surveys.,- Established employee resource groups dedicated to Internal Education, Community Involvement, and Diverse Hiring.,- Internal Education is meant to champion education for our employees in diversity, inclusion, communication and empathy.,- Community Involvement extends this effort to the community – specifically, the group wants to help with financial literacy in underserved groups.,- Diverse Hiring is to ensure we are sourcing M1 candidates from diverse groups, training our interviewers on their biases and ensuring an inclusive interview process.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

M1 Finance Perks & Benefits

At M1, we’re rethinking what’s possible with personal finance. Our impressive product is the direct result of our excellent team and strong work culture. M1 prides itself on its mission-driven values of ownership, boldness, and integrity, among others. We also have strong commitments to diversity, equality and inclusion in the workplace and have task forces designed to ensure progress in and out of the office. Named one of Built-In’s 2020 Best Places to Work Chicago, M1 is consistently expanding with over 250 employees and counting.

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays

Financial Benefits

  • 401K / Retirement Plan
  • Employee Stock Purchase Plan

Office Perks

  • Company Social Outings
  • Work From Home Policy
  • Unique Office Space

M1 Finance PTO

M1 Finance PTO policy is a critical component of the benefits package offered to employees.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

M1 Finance Careers

M1 Finance Jobs

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Frequently Asked Questions regarding M1 Finance

What is M1 Finance address?

M1 Finance location is at 200 N Lasalle St. Ste 800

Who is the CEO of M1 Finance?

M1 Finance CEO is Brian Barnes, their score by employees is 57

What is M1 Finance eNPS?

The eNPS for M1 Finance is -7

What is the salary for Account Manager in M1 Finance?

Account Manager average salary in the US is 70k

What are the salaries in the Marketing in M1 Finance?

The average salaries for Marketing in M1 Finance is 208k

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