Banyan Hill Publishing claims to be America’s number 1 source for smarter, safer & profitable investing. They have a team of alleged experts & they offer various premium investment-related newsletters which promise to provide their subscribers with lucrative returns.
Some of their products even boast that you’ll be able to see ROI’s of up to 8,000%, with one stating that a subscriber made $16,000 literally overnight…
But can you trust these promises? I mean, is there advice legit or will Banyan Hill scam you & just leave you out of pocket instead?
It seems a lot of people are looking to find out the answer to that question & if you are too then you can rest assured that you’ve landed in the right place. I’ve taken a closer look into Banyan Hill & in this honest review I’ll be uncovering the real truth, including whether or not you can actually make any money with their so-called premium investment newsletters.
Who Exactly Is Banyan Hill Publishing? | Banyan Hill Scam Rumours & Complaints | Is Banyan Hill Publishing Legit? | A Better Alternative
Who Exactly Is Banyan Hill Publishing?
Banyan Hill Publishing is (as the name suggests) a publishing company that’s part of the Agora Inc group, which also includes Agora Financial – a company that also publishes similar premium investment newsletters.
Banyan Hill is behind some BIG investment publications, some of which you’ve probably already heard of if you’re here reading this review. These include the likes of:
- Paul Mampilly’s True Momentum
- 1 Minute Windfalls
- Matt Badiali’s Real Wealth Strategist
- Paul Mampilly’s Profits Unlimited
- Matt Badiali’s Freedom Checks
And I think it’s fair to say that Paul Mampilly is probably one of their most forefront investment strategists…
So basically they have a team of expert financial analysts, coupled with a team of expert online marketers. The analysts produce content and primarily seem to look for “quirky” ways to make money, then the marketers do their thing & promote the heck out of it.
Naturally as you can imagine because of the quirkiness of some of their publications (and bold promises) this has led to a lot of Banyan Hill scam rumours surfacing on the web, but Banyan Hill Publishing is NOT a scam.
In fact, Banyan Hill Publishing is actually a huge company – growing from $6 million to $113 million in the last three years. They are an extremely fast-growing company and the screenshot below (taken from a job listing page) shows how Banyan Hill describe themselves:
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The Banyan Hill Scam Rumours & Complaints
As you can imagine, turning over $113 million, Banyan Hill is a HUGE company and they have thousands upon thousands of subscribers to their premium investment newsletters. In fact Paul Mampilly’s Profits Unlimited newsletter is said to have over 90,000 subscribers alone!
Now, some of their products – like Freedom Checks (and actually also Profits Unlimited) make some rather bold claims. They basically in one way or another suggest that they’ll be able to help you get very rich, very quickly…
Which they potentially could – but since they involve investing, they could potentially also cause you to lose money… There’s definitely a solid element of risk there.
However it’s clear that the marketers have decided to go for this approach to catch as much attention as possible, and it works. The Freedom Checks newsletter gained massive exposure – however due to the claims, naturally many people branded it as a mere get-rich-quick scam.
These people sadly then went to also spread rumours on the web – without actually knowing the facts.
Like I mentioned above, Banyan Hill Publishing is NOT a scam – nor are their newsletters. Yes they make bold claims, and I admit that I am not particularly too fond of their marketing efforts on that front, but they do deliver good quality newsletters from genuine experts as promised… Which in turn could enable you to cash in a profit.
But how you can you be assured they’re not a scam? What about the Banyan Hill Publishing complaints on the BBB website?
Well, personally I think the complaints say it all. As I said, turning over $113 million it’s clear to see that Banyan Hill is HUGE and that they have many, many subscribers… Yet only 58 complaints on the BBB.
58 complaints would normally be a massive red-flag to me, but given that they likely have hundreds of thousands of customers I think in terms of the ratio it holds out pretty well & speaks volumes about the company.
58 people who’ve decided to complain – potentially hundreds of thousands who haven’t.
That says to me Banyan Hill Publishing must be pretty darn good!
Also, within one of the complaints about Banyan Hill a lady had asked for a refund. Banyan Hill responded, apologized that she had suffered a bad customer experience & then later the same reviewer had responded stating “I was issued the appropriate credit Thanks for your assistance“.
Seems all fair & well as far as I’m concerned!
Is Banyan Hill Publishing Legit?
Yes, as far as I’m concerned Banyan Hill Publishing is absolutely 100% legit. They have a team of expert financial analysts & they provide high-quality newsletters which could potentially help you to make some money.
I mean don’t get me wrong, I am personally not a big fan of their marketing tactics (such as the hyped-up income claims) which in my opinion I think can be a little misleading, however there’s no denying they do deliver solid value through their newsletters.
So what I would say overall is that if you are looking into one of Banyan Hill’s newsletters and seeing it as a “push button” way to make money, I’d likely advise you to steer clear of it, because that’s not what they are… However if you realize that what you are getting is access to expert tips, which may or may not help you make money – then there doesn’t seem to be any harm in trying it out.
Me personally though, I am not a big fan of trading – I guess I just don’t like risk. I prefer ways to make money that involve no risk where I am in control of my income, like affiliate marketing (which you can learn about at Commission Academy). Whatever you decide to do though it’s up to you. I just hope my review here helped you out.
Don’t forget there are also several other safe ways to make good money online which you can see here… And also if you happen to have any further questions or comments don’t hesitate to leave them below.
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.
At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.
Dale, I really appreciate your FAIR assessment of Banyan Hill Publishing. I work for a company in their call center and handle customer support calls for Banyan Hill. Not just because I work with the company, but in my own opinion, this is a very fair company. The information provided to subscribers is from, what I have found to be, experts who have proven successful track records of years of investing and are well researched by a team of advisers. The majority of subscribers we never hear from, as they understand investing and know how to use the product they purchased and they do profit from it.
I have spoken to very satisfied customers who indicate they have seen profits from their investing thanks to our editor’s advice, especially Paul Mampilly’s subscribers. One customer told me he made enough to retire early, another said he paid off his mortgage early. It’s not getting rich quick, as this is the stock market we’re talking about, with a certain amount of risk involved. But, carefully following our editors and their advice of when to buy and sell is helpful and takes the guesswork out of the game.
Those with a complaint about our company are usually consumers who fail to
1.) Read the fine print of the original order form, which sometimes states clearly “All Sales are Final”. We now have refund policies for ALL subscriptions, but within certain timeframes.
2.) Read the email they receive telling them how to actually USE what they bought.
3.) Actually go to our website to READ what they paid for and get the information to use for investing, and then follow the editor’s instructions.
4.) Read the part where they can contact us, via several methods, to request to cancel or get a refund.
Some think they did contact us, but did not read how this is done and then complain to the BBB that they were not satisfied, but they never actually contacted us for help or a refund.
Just know, if you’ve found this post because you have an issue with Banyan Hill Publishing, try searching for our website instead. Google results will show us as “Banyan Hill Publishing — America’s No 1 Source” From the website, click on “Contact Us” and use the form to send an email, or use the phone number shown to call us. If you are a subscriber, you will find links to our site in every email we send to you.
We’re happy to assist you with any problem you experience!
Wow Ruth, you deserve a raise – lol. Thanks for the comment. 🙂
Hello! I was a subscriber of banyan hills. I think, it’s a scam because when I no longer respond to their emails they sent me a letter to the Phil’s. I did not earn with them but it’s in my end. I do not know to do the bus.
I agree fully. This is the worst of all.
I stupidly paid for Buyout Millionaire and as soon as it’s paid it’s finish. They even don’t answer.
I sent already 10 EMails !
When you look @ portfolio it’s even funny ( 08/27/2020 ) 100% scam
It is all a scam. My elderly mother was getting hefty charges for various newsletters and they were mailing her books and stuff. Because I pay her bills I see this going on with her Visa CC. I played whack a mole with them in the beginning of the year asking Visa to place s top to them, report as fraud. Each charge had a different 800 number and each publication denied being associated with another. Well guess what I requested one of them change my Moms e-mail address to one I monitor and now the spam has begun.
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Thanks for sharing your experience.
As of July 15, 2022 Paul Mampilly has quit, or been fired from, Banyan Hill. When I requested a refund for my $3k subscription to TM I was told that one was not available because someone else was taking over. When I persisted, the agent told me that Paul Mampilly was just “the face” of the service and that the same “team” would continue to put out buys/sells for True Momentum. So to the question, “is it a scam?” If you think that the people in the videos selling the service are the ones making the calls, than yes, its a scam. Its really “the team” making the calls.
I have ended all of my subscriptions to Banyan Hill. Beyond the fact that Mampilly wasn’t even making the calls for True Momentum, the portfolio was a disaster. For the past 18 months ” the team” has been trying to time the bottom for growth stocks, putting out buy recommendations that sink. And not to mention watching the winners dwindle into negative territory. Overall, a horrible experience with Banyan Hill. All they care about are subscriptions….beware.
I personally joined because of the promotions around Paul and his background. Now if, Paul has suddenly left , the main reason for me joining is no more. I do not think I should have to accept other people who step in, more so if I would not have wanted to go for the service if these people were then at the helm. I too have been told that I will not get a refund I do plan on seeking a legal opinion on this matter and see what if any grounds I have for seeking the refund.