A metal complex liquid crystal polymer and preparation method thereof, belongs to the technical field of polymer chemistry. The structure general formula of the metal complex liquid crystal polymer is (1), wherein R1 is cholesteric liquid crystal monomer; R2 and R3 respectively are -H and -OCnH2n +1 or -CnH2n +1; A1 is the soft segment comprising carbon 1 to 14; A2, A3 and A4 are respectively linkage group with conjugated structure; M is one of Al, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu. The product is prepared by taking the liquid crystal polymer containing carboxylic acid group as ligand and the metal ion as central ion, and adding carboxylic acid molecule to synthesize bonded metal liquid crystal polymer. The complex liquid crystal polymer not only maintains good liquid crystal performance, but also has excellent fluorescence property.