Paul Mampilly has been the Senior Editor at Banyan Hill Publishing since 2016. He specializes in assisting the mainstream Americans to use technology, special opportunities, and small-cap stocks to get wealth.
Paul Mampilly’s Work, Education Background, and Awards
Paul holds a Bachelor in Business Administration Accounting and Finance from Montclair State University 1991 and a Master’s in Business Administration-Finance from Fordham Gabelli School of Business 1997. Mr. Mampilly began his career in 1991 at Bankers Trust Company as an Accounts Administrator. He quickly rose up the ranks to Portfolio Manager in 1995 where he oversaw multimillion-dollar accounts. Kinetics, an asset management organization, recruited him to be in charge of their hedge fund. During Paul’s tenure, the assets of the firm quickly accumulated to $25 Billion and was named by Barron the “World’s Best” hedge funds with 26% average annual returns.
Paul Mampilly was called upon by Templeton Foundation to participate in an investment competition with a beginning investment of $50 Million. Paul’s return by the end of a single year grew the investment by $38 Million, but what was even more astonishing was that he accomplished this during the financial crisis between 2008 to 2009.
Paul Mampilly Foundation
Paul is a believer in giving back to the community, and he does so that by volunteering as a teacher, food distributor, conversational exchanger, and also as a Big Brother. Mr. Mamphilly came to believe that Wall Street wasn’t helping enough people and so he decided to shift focus and help the 99% make money on investments. He founded Profits Unlimited and Extreme Fortunes, a popular newsletter that is bringing a new research in 2017 named True Momentum.
Key Learnings by Paul Mampilly
Paul Mampilly says that when making money, if you prioritize yourself over your client, that business model will be a problem in the future. One should focus more on what could be wrong. Finally, it is important to have another perspective on things that may appear great to avoid tunnel vision as they might have flaws you otherwise would not have seen.
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AXA Advisors, a French multinational insurance firm, is a leading financial protection company. As a premier provider of life insurance and annuity products, AXA has its main headquarters in Paris, France but also has locations world-wide including offices in the United States, Canada, the UK, Africa, and more. It was originally founded in 1816 as as Mutuelle de L’assurance contre L’incendie and has acquired many other companies along the way to become what it is today. Being involved in many philanthropic offerings, AXA Advisors has helped humanity by preventing risks threatening the environment, society, and human life in general. It has donated millions of dollars to research-based projects that have been implemented in 22 different countries around the world. Among the research institutions they have supported are the University of Bristol, HEC Paris, NUS, LSE, and MetOffice.
AXA advisors is headed up by a capable and caring management team and among that team is Senior Executive Vice President, Vinny Parascandola. Under Vinny’s leadership, AXA has won the coveted Dalbar Annuity Service Award, which recognizes the highest quality annuity providers as it relates to service to contract owners. Guiding a network of almost 6,000 financial professionals that provide products and strategies for financial protection, asset allocation, and investments, Vinny takes the leading role for AXA’s development of experienced and new financial professionals, sales, productivity, retention, management development, and recruiting. He holds an industry securities registration and has so for 17 years. Altogether, Vinny has over 25 years of experience in the insurance industry and has won several awards including the Master Agency award and GAMA’s Career Development award.
Vinny Parascandola started his career at Prudential as an agent and won Rookie of the Year in 1987. He held numerous local and regional field management positions at MONY Life Insurance Company, starting in 1990, and then joined AXA Advisors in 2004. As a New York native, he was the co-manager for the New York Metro branch and guided 400 financial professionals at that location. Vinny Parascandola earned his Bachelor’s of science from Pace University, New York. He returned in 2014 to his alma mater to give an inspiring commencement speech to the graduating class.