Paul Mampilly’s Story On Leaving Behind A Big Banking Career

When Paul Mampilly, a known hedge fund manager and professional investment advisor decided to retire in 2012, he really actually was just changing his target group as well as changing lifestyles to one that fit him better. He went from spending long days into the evenings in a corporate office setting to then working from home and having more time off to spend quality time with his children and watch them grow up. Mampilly could make this move because he had already been managing his own stock portfolio for years, and he had saved plenty of money from his professional career and would make enough from his new gig to enjoy his new family life. Follow Paul Mampilly on Twitter.

Paul Mampilly came from a working family in India, and his parents made sacrifices for him and his siblings to attend good schools. He came to the US to study finance, and he earned his bachelor’s degree in the field from Montclair State University. Mampilly studied the markets as a research assistant at Deustche Bank, but he had such a sharp acumen that before long he was earning promotions and later managing multi-million dollar funds in accounts at ING and Banker’s Trust. In 2006, Mampilly joined Kinetics International Fund where for the next seven years he made investments with client funds that were reported to bring in returns as high as 26%. He was also featured in news stories about the Templeton Foundation’s investment competition in 2008 where he was given $50 million, and even though the economic recession was hitting the stock market hard, Mampilly still found stocks that did well and turned the $50 million into $88 million in one year.  Read more on talkmarkets.com about Paul Mampilly

Paul Mampilly’s decision to leave Wall Street shocked many people in the big banking community, but he was now ready to give advice to people who the big banks and hedge fund firms largely ignored. He decided writing newsletters was the way to do it because it allowed him to use the internet to personalize information to readers, and at Banyan Hill that information could be offered for a much cheaper price than what most wealth management firms charged in broker fees. Mampilly does not actively manage any of his newsletter subscribers’ investments, but he does post videos with his portfolio in them so that they can see which stocks are performing well and learn how to make trades themselves. Mampilly’s newsletters have hundreds of thousands of readers, and you can find them at the Banyan Hill website. Read: https://banyanhill.com/expert/paul-mampilly/