Software Alternatives & Reviews

M1 Finance VS Gusto

Compare M1 Finance VS Gusto and see what are their differences

M1 Finance logo M1 Finance

M1 helps you manage your money by automatically putting it to work in a customizable portfolio

Gusto logo Gusto

Gusto. Payroll, benefits and compliance in one integrated product. We're here to change how the world works, and put people first.
  • M1 Finance Landing page
    Landing page //
    2023-10-10
  • Gusto Landing page
    Landing page //
    2023-05-24

M1 Finance videos

M1 FINANCE REVIEW 2020 📈 Best Investing App For Beginner's!

More videos:

  • Review - M1 Finance Review After 1 Year of Use
  • Review - M1 FINANCE REVIEW 2020 - Stock Market Investing Made Easy!

Gusto videos

Gusto Payroll Review | Top 6 favorite features | $100 referral code

More videos:

  • Review - Gusto vs. QuickBooks Payroll
  • Tutorial - Gusto Payroll Review & Tutorial ($100 Amazon Bonus)
  • Review - Gusto Payment System: An Honest Review
  • Review - Gusto Payroll Software Review: An In-Depth Look At The Features
  • Review - What You MUST Know About Gusto Payroll
  • Review - Gusto Payroll Software Review - Why this is the BEST Payroll Software in 2023
  • Review - Gusto Payroll Software: The Ultimate Review

Category Popularity

0-100% (relative to M1 Finance and Gusto)
Investing
100 100%
0% 0
HR
0 0%
100% 100
Finance
100 100%
0% 0
HR Tools
0 0%
100% 100

User comments

Share your experience with using M1 Finance and Gusto. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare M1 Finance and Gusto

M1 Finance Reviews

Does M1 Finance work internationally? Worldwide Alternatives for 2022
You certainly heard about M1 Finance. In a year where retail investor participation exploded, M1 finance certainly is one of the popular choices in the United States, with over 500.000 users.

Gusto Reviews

Top 8 Best Payroll Software For Accountants In 2022
Given its exceptional UX, flexibility, mobile access, customizable reports, and easy onboarding for new employees and contractors, Gusto is a good option for accountants working with smaller-sized teams. However, unfortunately, Gusto's core plan lacks time-tracking features, and it’s worth mentioning that some users have complained about its poor customer service. While...
Source: www.toksta.com
6 Best Payroll Software for Small Businesses (2022)
Note: We use Gusto at WPBeginner to manage payroll for remote team members across different states. We started using Gusto back when it was called ZenPayroll and have been loving it since then.
10 Best HR Software For Payroll In 2022
Gusto is an online HR platform that will appeal to both experienced and novice payroll administrators. The software has a simple layout, and it’s friendly toward users who are not tech-savvy. The onboarding process is easy, and the tool offers a rich library of helpful documents that should enable your team to use all of its functions in good time.
20 best accounting software tools
Considering that complying to government requirements is vital in accounting, Gusto Payroll also helps you automatically report all new hires to the government.
Source: clockify.me
BambooHR Review 2019: Pricing, Features, Alternatives
Gusto Core is limited to payroll processing and costs $39 per month, with $6 a month per employee. The Complete package, which includes much of the same functionality as BambooHR, costs the same base-level $39 a month with an additional $12 per employee instead of $6. Gusto also has a new option for contractor-only employers, who simply pay the $6/employee rate and no base...
Source: www.fundera.com

Social recommendations and mentions

Based on our record, Gusto should be more popular than M1 Finance. It has been mentiond 18 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

M1 Finance mentions (6)

  • Can you opt out of State Pension?
    Go to m1finance.com, create a roth ira brokerage account. Source: almost 2 years ago
  • m1 holdings export
    Did M1 recently change their web url from m1finance.com to m1.com? I think it broke the chrome extensions to export holdings as I am trying to update my spreadsheet and now the extension options are no longer there when right clicking on holdings screen. Wondering if anyone has a fix? Looking at the extension in chrome it only has 1 safe url of m1finance.com and no way to add more :(. Source: about 2 years ago
  • Unable to login?
    The website changed from m1finance.com to m1.com and it threw off LastPass. Login worked, but LastPass freaked that I now have 2 of the same passwords. Source: about 2 years ago
  • Is m1.com legit?
    The encryption certificate for m1finance.com is also valid for m1.com, and the help link at the bottom of the m1finance.com page goes to help.m1.com, so I'd say it's legit. Source: about 2 years ago
  • Email asking for SSN from m1finance.zendesk.com legit?
    Yes, I hate it too when companies like these don't bother to set up their 3rd party services fully with their domain names. It takes 5 minutes of google search to find how to configure zendesk so that mail comes out from m1finance.com domain. Source: about 2 years ago
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Gusto mentions (18)

  • As a completely inexperienced newbie, how does salary payment work?
    If they are W2 or 1099, look at gusto.com, but I would encourage you to speak with a CPA so they can best advise you on your situation. If you do things wrong, it could put you in a lot of legal trouble. Source: over 1 year ago
  • The Fair Tax Act Aims to Abolish the IRS and Set a National Sales Tax. Here's How It Would Work
    There's Quickbooks for accounting. There's Gusto for payroll. There's CalendarCrush for invoicing. It'll cost you about $200 a month to get tooled correctly and you're off to the races. Source: over 1 year ago
  • Breaking Into Legal Tech
    Make • Build and automate workflows InvoiceBerry • Online invoicing for small businesses Gusto • Payroll, benefits and HR management Hive • Manage tasks, workflows and team’s work Lanva • Social video editing app. ClickUp • Manage tasks, docs, chat, goals and more Plausible • Open-source privacy-friendly web analytics Podcast Hawk • Podcast guest booking software. Writesonic • AI-driven content... Source: over 1 year ago
  • Do I need to out my 18y old on as an employee?
    W2 employee - More complicated to setup but there are lots of great services like Gusto that do pretty much everything for you. Then you just run payroll and taxes are taken out of his check. Source: over 1 year ago
  • Hiring a Canadian for ad hoc, hourly work (I'm a US person, not yet a business)
    Third - the 1099. If you have a consulting contract, then you don't have to pay taxes for the individual. The consulting contract will clearly state that they are responsible for all taxes, including self-employment taxes. I still use a payroll service (gusto.com in my case, but whatever floats your boat) to pay contractors, that way someone else is taking care of the 1099s and such, which can be a pain in the ass. Source: over 1 year ago
View more

What are some alternatives?

When comparing M1 Finance and Gusto, you can also consider the following products

Robinhood - Free stock trading service.

Paylocity - Paylocity has revolutionized the industry and has quickly become the leading independent provider of online payroll services and HR solutions.

Slice Capital - Invest alongside top Angels and VC’s for $100

ADP Workforce Now - ADP Workforce Now provides cloud-based software, expert support and predictive analytics for data-driven insights.

eToro - The social investment network that connects traders from around the globe and enables them to share...

Paychex Flex - Paychex Flex is a tool that reduces the complexity and risk of running your own payroll while ensuring greater accuracy with-up-to-date tax rates and regulatory information.