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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

ETF Innovators

Innovator’s BFRZ ETF Offers Advisors a New Way to Target 100% Downside Protection with All-Weather Potential

Innovator’s BFRZ ETF offers a new take on buffered strategies, combining 100% downside protection, attractive upside targets, and ongoing access—no market timing required. With a laddered options structure and active management by Parametric, BFRZ is built for advisors seeking flexibility, consistency, and capital preservation.

Washington Wire

Powell Stresses 'No Decisions' Made on September Cut as Fed Holds Rates Steady, Defying Trump Again

The Fed held interest rates steady for the fifth meeting in a row as two Fed governors dissented underscoring division within the central bank.

RIA Knowledgebase

From Stagflation Fears to Bull Market Optimism: What RIAs Should Know About the Market’s Sudden U-Turn

Over the past few months, the market narrative has flipped dramatically. Client conversations were centered on stagflation risk and trade uncertainty.

FundFocus

UBS Americas Wealth Management Sees Revenue Increase, But Experiences Outflow of Money and Loss of Advisors

UBS’s Americas wealth management division reported solid financial performance in Q2, with both revenue and profit rising year over year.

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Washington Wire

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

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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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