What happened to Ted Bauman is a guru-departure story with a paper trail, even if the publisher never put out a press release. Bauman left Banyan Hill Publishing in January 2023 and joined International Living as their Chief Global Diversification Expert. His LinkedIn is specific: “Chief Global Diversification Expert - International Living Publishing Ltd, Jan 2023 - Present.” International Living’s own introduction video, still live, announces him as “our new Chief Global Diversification Expert” and describes the move as a fresh hire, not a consulting arrangement.

If you arrived here searching for what happened to your Ted Bauman subscription, that is the short version. The longer version involves Banyan Hill’s longest-tenured economist, a stack of products built around his name, and a publisher that handled the transition the way it handled the parallel Paul Mampilly exit four months earlier — substitute editors, merged newsletters, and no pro-rated refunds for lifetime members.

The Timeline of What Happened to Ted Bauman

Ted Bauman joined Banyan Hill Publishing in 2013, the same year the publisher rebranded from The Sovereign Society. He came over from Habitat for Humanity International, where he had served as Director of International Housing Programs, and he brought with him a newsletter lineage that predated Banyan Hill itself: The Bauman Letter had started life as Offshore Confidential, written by his father, former U.S. Representative Robert Bauman, back when the company was still The Sovereign Society. When Bob Bauman retired, Ted took over, the newsletter was renamed Sovereign Confidential, and then rebranded again as The Bauman Letter under the Banyan Hill flag.

Over the next decade Bauman became Banyan Hill’s resident economist, regularly quoted by Barron’s, Forbes, MarketWatch, and The Guardian. He ran a stable of products: The Bauman Letter (his flagship monthly), Bauman Daily (the free e-letter), Alpha Stock Alert (later renamed Profit Switch), the 10X Project, and Big Picture, Big Profits. The 10X Project was the high-ticket item — a $20,000 lifetime bundle that packaged The Bauman Letter and Alpha Stock Alert together. Those lifetime contracts are the ones that did not survive his departure.

The move came in January 2023. International Living’s announcement video and Bauman’s LinkedIn both treat it as a clean break from Banyan Hill. By his own account, published on the International Living site, the timing was deliberate: “International Living reached out to me to join the team just as my family and I were in the final stages of preparing to return to our second home in Cape Town, South Africa.” The relocation was part of the story. Bauman is a dual U.S.-South African citizen who had lived in Cape Town before, and the International Living role was built around exactly that biography.

Banyan Hill, for its part, did not publish a departure notice. What it did was consolidate. Bauman Daily was folded into Banyan Edge, the publisher’s umbrella free e-letter, alongside content from the other remaining editors. The Bauman Letter product page on banyanhill.com has at times been listed as “closed for enrollment.” The paid product itself, as of 2026, is not actively marketed under Bauman’s name. The Banyan Hill homepage now leads with Ian King, Charles Mizrahi, and Adam O’Dell — the editors who stayed.

Where Ted Bauman Went

Bauman is now International Living’s Chief Global Diversification Expert, based out of the company’s Dublin headquarters. International Living Publishing Ltd is an Irish-registered book and periodical publisher founded in 1979, focused on retirement, living, and investing overseas. The role is a thematic match for Bauman’s career: his work at Banyan Hill had long emphasized offshore diversification, second passports, geographic asset protection, and international residency strategies — the same subjects his father had written about in the original Offshore Confidential.

The shift is visible in the bylines. Where Bauman’s Banyan Hill output was U.S. market commentary and stock recommendations, his International Living output is policy and lifestyle: second passports, golden visas, multi-residency tax strategies, offshore banking, and global wealth protection. His column in Asset Strategies International’s “Information Line” (September 2025) describes his current client base as “some of most famous offshore oriented publishing groups in the world, as well as organizations focused on mitigating wealth and personal risks in the United States.” He is writing for the offshore-finance niche, not the stock-picking one.

The MoneyShow.com expert profile, an industry directory, is the bluntest summary of the transition: it lists “The Bauman Letter” as his “former investment service” and describes him as “Now working independently.” That phrasing — former, independently — is the cleanest one-line version of what happened.

What Happened to the Bauman Letter and the Other Products

Banyan Hill did not retire the Bauman Letter name outright, the way Money Map Press retired Tom Gentile’s product line on shutdown. What it did was quieter. The free Bauman Daily was merged into Banyan Edge, the publisher’s consolidated free e-letter, where Bauman’s old content mix now sits alongside Ian King’s and Charles Mizrahi’s. The paid Bauman Letter appears to have gone quiet — the product page is not actively promoted on the current Banyan Hill homepage, and third-party review sites tracking Banyan Hill’s product lineup have at times listed it as closed for enrollment.

The 10X Project, Bauman’s $20,000 lifetime bundle, is the product that no longer exists in any form. It was built entirely around Bauman’s specific research and his “BOLD” framework (Big Vision, Open for Takeoff, Logical Move, Distinct Catalyst), and there is no evidence of a successor product under that name. Profit Switch, the renamed Alpha Stock Alert, is still listed in Banyan Hill’s current product lineup but is now associated with other editors. Big Picture, Big Profits, Bauman’s free video series, does not appear to be in active production.

The pattern is the same one Banyan Hill followed with Paul Mampilly’s products four months earlier: the editor leaves, the marquee products are either consolidated, renamed, or allowed to go quiet, and the lifetime subscribers who paid for access to that specific editor are migrated to whatever the publisher decides is the closest substitute.

What Subscribers Should Know Now

If you subscribed to a Ted Bauman product at Banyan Hill, the editor you followed is now at International Living. His current work is in the offshore-diversification and second-passport space, not U.S. stock picking. If you want his writing, the International Living site and the Asset Strategies “Information Line” column are where it lives. If you want the stock recommendations, those stopped when he left.

If you held a lifetime subscription to the 10X Project or any of the Bauman-bundled products, the company currently billing you is Banyan Hill Publishing (or its Money & Markets parent). The BBB profile for Banyan Hill Publishing carries the documented lifetime-subscription grievance pattern: subscribers who paid four- and five-figure sums for “lifetime” access to a specific editor, then received substitute services or partial credits when that editor departed. The Trustpilot reviews for banyanhill.com include at least one subscriber who explicitly paired the Bauman and Mampilly departures: “Both of these writers quit all the newsletters I am subscribed to in the last couple months. So now, the subscriptions are being taken over by new editors, who will clearly have very different investment philosophies.”

That review, written as both editors were leaving in late 2022 and early 2023, is the subscriber-side version of the story. The publisher’s version, delivered through customer service, has variously described departures as retirements. The distinction matters. A retirement is a choice the editor makes. A non-renewal or a publisher-side decision to consolidate is a business call. The lifetime subscribers who paid for access to a named editor were not consulted about either one.

The Broader Pattern

The Ted Bauman departure is the second of three Banyan Hill flagship-editor exits tracked in this archive. Paul Mampilly left in September 2022. Bauman left in January 2023. Both departures were handled the same way: the editor’s products were consolidated or reassigned, lifetime subscribers were migrated to substitutes, and no pro-rated refunds were offered as a default. The Banyan Hill BBB profile and the Trustpilot review thread carry the receipts.

What happened to Paul Mampilly covers the parallel departure four months earlier at the same publisher. What happened to Money Map Press covers the same lifetime-subscription gap at an Agora sibling imprint that shut down in May 2024. What happened to Manward Press covers it at a third Agora imprint that ceased in December 2025. What happened to Teeka Tiwari covers the parallel at Legacy Research Group, a MarketWise (not Agora) publisher. The five stories share a structure: editor departs, brand is retired or reassigned, lifetime obligations are settled in credits or substitutes, and the subscriber absorbs the difference.

Ted Bauman has been at International Living for more than two and a half years. The Banyan Hill products that carried his name are consolidated, quiet, or gone. If you are arriving here in 2026 wondering what happened to a Bauman service you paid for, the editor you followed is publishing offshore-diversification content at International Living, the product you bought no longer exists in its original form, and the question of what you are owed depends on what Banyan Hill offered you when the change happened. Check your statements and find the current billing descriptor. If you want Bauman’s current work, go to International Living. If you want to argue about the lifetime contract, the company you are arguing with is the one currently charging you, not the one that used to.


See the dispatch archive for more guru-departure and publisher wind-down stories.