DELRAY BEACH, Fla., March 9, 2017 /PRNewswire/ -- Paul Mampilly's Profits Unlimited research service just crossed a major milestone.
At 60,000 subscribers, it is one of the fastest growing newsletters in the investment industry.
A former hedge fund manager, Mampilly worked on Wall Street for 20 years for clients such as ING, Deutsche Bank and Kinetics International. In 2009, he won an investment competition put on by the Templeton Foundation, turning a $50 million investment into $88 million for a 76% gain during the height of the financial crisis without shorting stocks.
Mampilly signed on to Banyan Hill Publishing last year to start Profits Unlimited with the purpose of guiding Main Street Americans into profitable investment opportunities.
As part of this venture, each month Mampilly recommends a new stock in an eight-page newsletter he mails out to his subscribers. He updates them every week on one or two stocks in the model portfolio and tracks how the investments are doing on his website.
Rather than investing their capital for them, Mampilly's subscribers buy the stocks in their own brokerage accounts, offering an innovative alternative to traditional arrangements between a financial advisor and his clients.
"We have purchased each of the stocks that you suggested, and they are all doing well," one subscriber, Alan L., said. "I must confess that it is the most profitable investment in the stock market that we have ever personally experienced."
As of this writing, his open portfolio includes stocks that are up 18%, 21%, 31% and 38%. Out of 13 open positions, 11 of them are profitable.
One stock, a semiconductor company Mampilly wrote about on June 1 when he launched Profits Unlimited, is up 160%.
"During the last 30 years of fiddling with [the] stock market I never came across any financial advisor who was as outstanding as [Paul is]," said another subscriber, who wrote in to say that he had generated profits of $45,190 following Mampilly's recommendations.
About Banyan Hill
Banyan Hill is an independent publishing house and research firm that specializes in publishing research advisories and investment newsletters.
Over the past two years, Banyan Hill has grown its subscriber base to over 200,000 paying members.
The company is headquartered in Delray Beach, FL.
SOURCE Banyan Hill