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What Everyone Is Missing About Mamdani’s Plan To Tax Ken Griffin’s $238 Million Penthouse

by The Wealth Advisor Contributor
(CNN) - New York City Mayor Zohran Mamdani stood outside a luxury skyscraper in Manhattan for a video on Tax Day to deliver on his trademark plan: “We’re taxing the rich.”

Featured

Tony Robbins Has Built A Diversified AI-Related Portfolio

Access to significant capital and deeply connected networks often allows ultra-high-net-worth investors to pursue differentiated investment strategies across emerging sectors, particularly in artificial intelligence infrastructure and adja

The S&P Has Outperformed Forecasts Raising The Bar For The Future

The S&P 500 is delivering one of the strongest earnings seasons in decades, creating a powerful backdrop for advisors evaluating equity allocations, valuation discipline, and forward return expectations.

Apple And MAGS Signal A Renewed Phase Of Leadership

The market’s most influential leadership trade has reasserted itself.

Recent

Companies

JPMorgan Fined $348 Million for the Way it MonitorsTrading

JPMorgan Chase is paying $348M in fines to US regulators for alleged failures to monitor the trading of its clients and employees.

Real Estate

Blackstone Says Time to Buy Real Estate as Prices at Bottom

Real estate prices have bottomed and there’s great opportunity to move fast and buy assets at beaten-down prices per to Blackstone Pres. Jon Gray.

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Hedge Fund Manager Faces Arrest Over $533 Million Taken From Ed-Tech Startup

U.S. bankruptcy judge ordered arrest of hedge fund manager who allegedly helped Indian education technology startup Byju's hide $533M from lenders.

Family Wealth Watch

401(k) 'Hardship' Withdrawals Surge to Another Record as High Inflation Stings

A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in order to cover a financial hardship.

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Washington Wire

Fed's Hammack Looks To Hold Rates For 'Quite Some Time' Amid Iran Conflict And Uncertainty

News

Air Travel Poised To Become More Expensive This Summer

Companies

JPMorgan Is Signaling A Notable Strategic Shift To Engage The Next Investor Generation

Washington Wire

Goolsbee Underscores Near-Term Risks In Overestimating AI Productivity Gains

News

JPMorgan CEO Jamie Dimon Isn't Sure How Consumer AI Will Play Out

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