Brian Barnes is a founder and CEO of M1 Finance based in Chicago, Illinois. He has been in this field since early 2015. With more than six years of experience in personal finance platforms, he has earned both name and fame from this career.
Brian Barnes - Personal Life
'Who is Brian Barnes's wife?' is one of the most searched words on google on Barnes. Speaking of which, Barnes has been reportedly secretly married to her long-term girlfriend turned wife. But, there is no evidence to prove that. The M1 founder, however, rarely talks anything about his personal life and children in public.
On the other hand, Barnes often talks about his parents in interviews. Brian recently mentioned his mom taught more about the qualitative aspects of the business as well as money. Barnes also claimed his dad taught him more on the quantitative side.
How Rich Is Brian Barnes from M1 Finances?
Brian Barnes has summoned a staggering net worth of $5 million, as of 2021. He makes a hefty amount of money from his career as a Founder and CEO of M1 finance. His office is located in Greater Chicago Area.
Speaking of M1, it is an intelligent personal finance platform where anyone can invest for free in a custom portfolio and borrow against your portfolio at one of the lowest rates on the market. Not to mention, its clients can also spend seamlessly all from their accounts.
M1 Finance manages about $3 Billion on the platform with having a rise from $800 million from the beginning of the year. All in all, it makes money in several ways. But, M1 does not charge management fees or commissions and makes money from common revenue streams for financial services companies.
Likewise, the company generates money from interest on lending securities as well as interest on margin loans. M1 also helps when people benefit wth their soon-to-be-released card, from market makers who execute trades, and through the annual fee on the optional M1 plus membership.
Brian Barnes - Quick Facts
- Brian holds an American nationality and belongs to white ethnicity.
- Brian Barnes attended Stanford University where he earned a bachelor's degree in arts and economics.
- Regarding qualifications, Barnes has licenses and certifications in Series 24, Series 63, and Series 7.
- Barnes established M1 Finance with an aim to be a holistic, personalized, and automated personal finance app.
- Barnes flaunts blonde hair.