On 9th March 2017, PRNewswire reported that Paul Mampilly’s Profits Unlimited Research Service had reached 60,000 subscribers. Its owner had served on Wall Street for 20 years for many regulars such as ING, Kinetics international and Deutsche Bank. It was however, at Kinetics International Fund- under the Hedge Fund, where he served as manager, that Mampilly left his mark when the company’s assets rose to $25 billion. From that, he secured an investment competition held by the Templeton Foundation which saw an investment of $50 million turn into $88 million (a return of 76%) taking advantage of the financial crisis. Mampilly saw an opportunity in leading Main Street Americans into investment opportunities in which they could benefit from. He therefore signed with Banyan Hill Publishing– an independent publishing house dealing in publishing research, and started his own company. The company works by subscribers buying stocks in their brokage accounts instead of the previously used method of the investor dealing with each client.
Paul Mampilly was born in India but as soon as he moved to the United States, he joined the ranks on Wall Street. He kicked off his career at Deutsche Bank as a research assistant in 1991 but quickly moved up the ranks shortly after, managing Bankers Trust, Royal Bank of Scotland, Sears and other private banks in Switzerland. The man has just as well managed his personal investment account. In April 2012, while he was still working on a way to develop a drug to cure muscular dystrophy, Paul invested in Sarepta Therapeutics. He sold this company 8 months later, making a profit of 2539%. He made a similar move with Netflix from which he made a 634% gain, OLED Universal Display Corporation and Whole Foods among other companies. With all this experience, it is no surprise that Paul has effected so many improvements at Wall Street.