Wealthpire , Inc.

Location:

3435 Ocean Park Blvd.Santa MonicaCalifornia90405United States View Map

Revenue:

$6 Million

Employees:

30

SIC Codes:

7375, 6211

NAICS Codes:

517110,

Phone:

(310) 882-6440

Fax:

(310) 491-5942
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Description:

Wealthpire, Inc. was founded in 2002 by investing prodigy, Manny Backus. Manny had a vision to establish a company that focused on helping the average street-level investor to succeed in the stock market. Manny used his knowledge and expertise to form a company that did just that. Equipped with personal experience and a time tested and perfected technique, Manny launched his first service: Portfolio Crafter. It was a model portfolio of stocks that investors could easily copy, and if the portfolio generated less than 8% on a single month, subscribers would get their money back that month. In the course of 3 years, Manny never had to return any fees because his model portfolio would always beat the 8% mark. With a modest subscriber base of 10 customers, Manny's dream was finally coming to fruition. This breakout new service led it's subscribers to unheard of profits and turned them into believers. Between 2002-05, Manny & his subscribers were on top of the world, raking in more gains than most investors do in the stock market. Unfortunately, the success that they were seeing could have been short lived. In early June 05, Manny was brought to a screeching halt when he received a cease and desist letter. Apparantly providing a guarantee of a minimum percentage gain per month is forbidden. Offering a guaranteed income promise is also forbidden in the the securities exchange industry. Most people would have called it quits at this point, but Manny went on the offensive. Just when it seemed that the situation was hopeless, he found an exemption in the Investment Advisers Act which states that a publisher doesn't have to register as an Investment Adviser. This allowed him to continue operations as normal since the website acts as the publisher. The truth is, Wealthpire is unique in how it operates. Our services are run by actual stock market experts, not journalists or media talking-heads. We show our subscribers exactly how we do it, so they can just copy our trades and get the same amazing results we get. Most investment advisory services require exorbitant rates and artificially move the market due to their large subscriber base. Wealthpire is built on strict scruples and ethics.

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