Does MemoryBank work with M1?

Yes. M1 Finance links to MemoryBank, read-only, through Plaid (it's in Plaid's current list, checked 2026-11-02). Your child's M1 account shows in their own view next to their other accounts, with live prices and plain-English explanations from Penny.

M1 accounts for kids

M1 offers custodial investment accounts for kids.

Custodial account

An investment account an adult manages for a minor until the child comes of age.

Account details are as described by M1 Finance in November 2026 and can change; check there before opening an account. MemoryBank isn't affiliated with M1 Finance. Sources: M1: custodial accounts.

How to connect M1

  1. 1Create a free MemoryBank account and add your kids.
  2. 2On the Starter or Family plan, choose Connect an institution, then “Brokerage, retirement, or 529”.
  3. 3Search for M1 Finance on the Plaid screen and sign in there. MemoryBank never sees your login.
  4. 4Pick your child's M1 account, then assign each one to the right kid.

Prefer not to link? Add the account by hand on any plan, including Free. Holdings are priced live; a 529 can be a single balance you update when the statement arrives.

What your child sees

On a paired phone, tablet or wall display, your child sees their M1 account next to everything else that's theirs: the total, how it's growing, and the companies they own, each with a plain-English story. They can ask Penny, the built-in AI money mentor, what anything means at their age, from 5 to 18+. They can't trade, transfer or withdraw; those features don't exist in MemoryBank.

Common questions

Does MemoryBank see the password for M1?
No. You sign in to M1 on a secure Plaid screen, and MemoryBank gets read-only access to the accounts you choose. MemoryBank never sees or stores your M1 login.
Can my child trade or withdraw from the M1 account in MemoryBank?
No. MemoryBank is read-only for kids and parents alike: no trading, transfers or withdrawals. The account stays at M1 and you manage it there.
What if my child's M1 account doesn't show up when I connect?
When you connect, Plaid shows the accounts available under your M1 login and you pick your child's. If one doesn't appear, add it as a manual account: enter the holdings (priced live) or a single balance. Manual accounts work on every plan, including Free.
Do I need a paid plan to link M1?
Linked accounts are on the Starter and Family plans. On the Free plan you can add the same account by hand and update it yourself.

Other brokerages: Schwab · Fidelity · Vanguard · E*TRADE · Merrill · Robinhood · Webull · Edward Jones · Interactive Brokers · T. Rowe Price · Acorns

529 plans: my529 · ScholarShare 529 · Bright Start · Invest529 · Texas College Savings Plan · Path2College 529 · search every institution

Their money is growing. Let them see it.

Free to start. Connect the accounts you already have and give your kid their own view.

Try MemoryBank freeCheck another institution

MemoryBank is not a brokerage. It cannot receive, keep or transfer securities, and it never holds your money.