An increasingly popular brokerage service, M1 Finance falls under a category known as robo-advisors . Essentially, robo-advisors use algorithms to help guide your platform to profitability. This facilitates the core advantage of hands-free investing, allowing you to live your life while advanced computer technology does the busy work of portfolio management. On the surface, M1 Finance appears the most appropriate for beginner investors. Indeed, many new to Wall Street elect M1 for its fuss-free approach. However, even advanced traders could choose to allocate funds in an M1 account. Because an algorithm pulls the weight, you eliminate emotions and personal biases from your decisions. Interested in a different robo-advisor? Take a look at our list of M1 Finance alternatives.…