Banyan Hill Publishing – Scam or Legit? Reviews, Complaints And The TRUTH!
Banyan Hill Publishing is a multi-million dollar publishing company that specializes in subscription based investment newsletters (often sold with the portrayal of providing easy ways to make money through “little-known” means) and it’s owned by a large group named The Agora.
The Agora, who own Banyan Hill also own a publishing company named Agora Financial too & their marketing style is similar to Banyan Hill’s in the sense that a lot of their products suggest you could potentially sign up & learn how to make lots of money with ease…
But naturally this marketing style has drawn a lot of attention, and also a lot of complaints… So what’s the TRUTH? Is Banyan Hill a scam? Or is it a legitimate company & can you really make money with their advice?
Those are the exact questions I’ll be uncovering the answers to in this review, as well as bringing to light some interesting third party Banyan Hill Publishing reviews, complaints & performance information. So basically if you’ve been thinking about getting involved with them you can rest assured that you’ve landed in the right place to find out everything you need to know before you do. 🙂
Before I start though if you want to go straight to my no.1 LEGIT recommendation for making money then you can check it out via the link below:
I really have gone all-out & took a truly in-depth look into Banyan Hill Publishing & The Agora (their parent company) to find out everything you need to know, but as a result it means that this review is going to be pretty detailed… So, to make things easier for you I’ve decided to put together a little table of contents below which you can use to quickly navigate to the information that you’re specifically looking for. 🙂
So as I touched on at the very start of this review, Banyan Hill Publishing are part of a group named The Agora – they fall underneath their (rather large) umbrella along with another company named Agora Financial, which also publishes similar newsletters to that of Banyan Hill.
The Agora, which was formerly known as Agora, Inc came to be way back in 1978, but it wasn’t until 1998 when Banyan Hill Publishing itself was launched, originally under the name of The Sovereign Society.
Initially they launched as a company providing US citizens with global investment advice in an effort to help them diversify their investments outside of the US Dollar… But then in 2016 they rebranded to become Banyan Hill Publishing, whilst also changing their strategy & this time putting a focus on actually prioritizing US based investments instead.
Their US based investments opportunities include investments in things like commodities, natural resources, small/mid-cap stocks, option plays & domestic companies.
And it’s safe to say that as a publishing company they’ve been pretty successful, with their content getting an alleged 400,000 daily readers & their company growing from turning over $6 million per year to a whopping $113 million per year in the last three years alone…
BUT despite the financial growth it hasn’t been all plain-sailing for Banyan Hill… Their company has received a LOT of complaints, and there have even been several Banyan Hill Publishing scam rumours spread across the web with people saying that they’re purely focused on using “tricks” to part people with their cash rather than actually focused on providing useful investment advice…
The truth about that will be uncovered further in this review, but in my opinion – I can see where some of such allegations have arose from as Banyan Hill have a “questionable” marketing approach to say the least… Though, they do deliver on their promise in terms of what they provide (only the opportunities may not be as lucrative as they initially seem).
And sadly in some cases the seemingly “profitable” opportunities they provide may actually result in nothing other than losses… But as I say I’ll speak more about that as we progress through the review.
A Look Into Banyan Hill’s Newsletters
Banyan Hill Publishing have several top financial analysts working with them, such as the likes of Matt Badiali & Paul Mampilly, and as a result they offer out many different newsletters.
Some of the most popular newsletters include the likes of Matt Badiali’s Real Wealth Strategist, Paul Mampilly’s Profits Unlimited & the Bauman Letter by Ted Bauman… But that’s by no means an exhaustive list – they have much more premium content such as that which I’ve listed below:
Matt Badiali’s Real Wealth Strategist
Ted Bauman’s Plan B Club
The $10 Million Portfolio With Ian Dyer and Paul Mampilly
Rapid Profit Trader With Ian Dyer and Paul Mampilly
Ian King’s Crypto Profit Trader
Matt Badiali’s Front Line Profits
Michael Carrs’ Peak Velocity Trader
Paul Mampilly’s True Momentum
Paul Mampilly’s Extreme Fortunes
Chad Shoop’s Quick Hit Profits
Ted Bauman’s Alpha Stock Alert
Chad Shoop’s Automatic Profits Alert
Paul Mampilly’s Profits Unlimited
The Bauman Letter By Ted Bauman
The Bauman Letter Elite By Ted Bauman
Jeff Yastine’s Total Wealth Insider
The Freedom Alliance by Robert Bauman
Chad Shoop’s Pure Income
Michael Carr’s Precision Profits
Now one thing I’d like to point out about the newsletters above is that they are often branded in their own right – so rather than being hosted or sold through the Banyan Hill Publishing website, many of them are often sold through their very own separate websites as “stand-alone” products.
In fact in some instances it’s possible that you might not even know the investment newsletter that you are buying into is actually associated with Banyan Hill, until you get to the subscription purchase page that is…
Some of them though, like Ted Bauman’s Plan B club for example are indeed sold through the Banyan Hill website – but at the present time as I write this review that is literally the only newsletter (or piece of “premium content”) that you can actually opt to subscribe to directly via their main website.
As to why that is the case I’m not quite sure – in my opinion it seems quite strange…
You would, as is the case with any normal publishing company, expect to just be able to visit their main website & subscribe to the newsletter/content of your choice but rather oddly that doesn’t seem to be the case at Banyan Hill.
And another thing I’d like to point out is that often multiple newsletters come bundled together – so let’s say (purely as an example) that you decided to buy a subscription to Paul Mampilly’s True Momentum newsletter, it would be very advisable to closely look over the checkout page to make sure you are being “discreetly” bundled into another subscription.
The reason I’m pointing that out is that it’s something that’s been at the centre of many of the Banyan Hill Publishing complaints which is exactly what I’m going to move onto talking about next…
Banyan Hill Publishing Complaints
As I mentioned at the very start of this review, Banyan Hill have, in my opinion a “questionable” method of marketing to say the least & as a result this seems to have led to quite a few complaints…
For example, often their products (again in my opinion) are often marketed with the portrayal of potentially providing an opportunity to get rich quickly & easily, without much risk.
So naturally a lot of people buy into them expecting a real certified money-maker, but in actual fact that’s often not the case… And in many instances it seems their customers have actually just gone on to LOSE money rather than make it – and sometimes a LOT of money too.
Now this doesn’t mean I’m saying Banyan Hill aren’t legit (I’m not saying that – they are legit), however I just wanted to bring what some of what their customers have had to say about the company to your attention, as naturally if you’re considering investing money into them you’re likely going to want to know about the Banyan Hill complaints.
But, as I mentioned above, Banyan Hill are indeed technically legit – and I think the fact that they’re turning over a whopping $113 million per year proves that, because with that much exposure if something untoward was going on I’m pretty sure they’d have been forced to close their doors a long time ago.
They sell publications – and that’s what they provide… In my opinion it’s just the way they sell them that’s causing the controversy (and Agora Financial their “sister” also markets it’s publications in a similar style too).
Anyway, take a look at what some of these folks have had to say over at the BBB:
So yeah – the primary problems seem to be;
Problems/difficult cancelling the subscriptions
Being billed more times than expected
Recommendations generating losses rather than profits
Pushed into spending more money to “upgrade”
What I will point out though is that Banyan Hill Publishing had resolved every complaint that I came across with a full refund – however, in the event of losses from trading, the loss was NOT refunded – only the cost of the subscription associated with the advice.
Banyan Hill stated their following the response to the customer who asked for “damages” to be refunded:
There will be no additional refund as you were fully aware of the risks that come with investing before you joined each of the services you bought this year.
Also, something odd I noticed is that Banyan Hill Publishing’s business primarily revolves around publishing investment related newsletters which promise the potential to build wealth, yet the disclaimer on their website states “Nothing herein should be considered personalized investment advice“.
Some Interesting Banyan Hill Reviews
Whilst carrying out my research I decided to run a Google search for some Banyan Hill Publishing reviews to see what others had to say about the company – preferably people who had long-term experience following the advice published in their newsletters… And what I found was “interesting” to say the least…
Now as you can imagine to arrive at that score most of the reviews on that particular site were negative (very negative actually!) but there was ONE positive review which read:
However, there was also a question posted on Quora entitled “is Banyan Hill a scam?” and this answer posted recently on Oct 2 was shown towards the top of the page:
In my opinion though the comment shown above which was left by Eoj Mihkiel on Quora is potentially “over the top” to say the least – after all, can you really call a “forgotten about” subscription a scam?
If you subscribe to a product or service, elderly or not, then your subscription to that product/service will continually re-bill until it is cancelled – since the company providing it will assume that you’re still utilizing it.
I think in that particular instance calling it a “scam” is a bit harsh, to say the least.
If you contact the company & they stop billing – all is fair & well (which it seems is what happened)… Sure, it’s not nice forgetting about a subscription and realizing you have been getting billed – but ultimately you have to realize your mistake and move on.
If however they refused to cancel the subscription, or said they would cancel and didn’t – THEN it could be potentially deemed a scam.
But anyway that brings me onto…
Is Banyan Hill a Scam?
Definitely not – I mean sure, they may have their questionable marketing tactics & potential problems with re-billing but they are definitely NOT a scam by any means at all.
At the end of the day they sell access to newsletters & that’s what they provide – they also provide investment advice, and of course it would be to silly to take any investment advice as a guaranteed way to make money.
So ultimately when you are subscribing to a company like Banyan Hill or Agora Financial you are likely doing so for 1 of 2 reasons, which are that you either purely want the information to simply digest – or you want to act on the information, knowing that it involves RISK.
Sure, you may turn a profit – but you may not – and in the instances of the advice offered through companies like Banyan Hill (advice that talks about BIG returns), then the risk will be a lot higher, because naturally the potential of bigger returns involves bigger risk.
If it was so easy to turn such a large profit through investing then everybody would be doing it – nobody would be working a job, but sadly it’s not so easy… It’s the total opposite.
But what is one of the best ways to potentially “make it big” through investing? Well, I would like to think one of the best ways would be to listen to the advice of a professional, expert financial analyst – which is exactly what Banyan Hill provide you with access to.
Therefore Banyan Hill is not a scam – it is a legitimate company in terms of what it offers & what it provides… However, in my opinion I do feel that the marketing material could highlight the risk involved more prominently, and that it could also refrain from hyping the opportunities up so much.
I appreciate that it’s easy for those who don’t know a great deal about investing to be misled into thinking that it’s something that it’s not, or that it’s easier to profit than it actually is…
So yeah, Banyan Hill is legit – but in my opinion their marketing could be worked upon.
My Verdict on Banyan Hill Publishing
If you’re looking to invest money & you want something that could potentially provide more returns than the traditional routes (such as investing through the likes of Ken Fisher Investments) & you know full well about the risks involved – then Banyan Hill Publishing could provide you with exactly that.
They give you access to the advice & “picks” put out by some of the worlds top financial analysts such as the likes of Matt Badiali, Paul Mampilly, Ted Bauman & many more…
It is by no means a guaranteed way to make money, and judging from some of the external Banyan Hill reviews it’s likely that you could end up losing more than you ever make, BUT if one pick did end up coming in, then you could indeed turn a substantial profit.
Bigger profits = bigger risks, that’s the bottom line…
So if you’re down to your last dollar & you’re looking into one of Banyan Hill’s newsletters as a potential “way out” then I’d advise you think again and be wiser with your money… But if you have money that you can afford to lose, and you’re not relying on the returns then you may be interested in “trying” some of the picks offered via Banyan Hill.
However, as I mentioned towards the start of this review I would advise you to take caution when taking out a subscription via Banyan Hill as often many of their products come “bundled” together & this would only be picked up on if you take notice of the small-print… You don’t want to end up getting billed for more products than you intended to purchase.
I’m not saying don’t buy them – I’m just saying buy carefully if you do decide to buy.
A Better Way To Make Good Money
If you’ve landed at this review to find out more about Banyan Hill Publishing then I can only assume that you’re looking for a way to build up some additional income OR maybe you weren’t, but after coming across one of Banyan Hill’s pitches you’ve now gotten interested in it…
Well I’m not gonna lie, whilst Banyan Hill Publishing might be legit – I personally feel that there is a BETTER way to build an additional income – one that doesn’t involve risk like investing.
I know that might sound a little crazy – after all how could you build up a better income without risk? But that’s why I’ve put a page together on this website which explains it in more detail for you to get a better understanding.
So if the sound of that interests then be sure to check out my no.1 recommendation below:
I’m just a random 26 year old dude that went from working as an electrician to earning a full-time income online & I started this site to help others who are looking to do the same thing without getting caught up in all the BS… [read more]