Ruth Reffkin launches Compass real estate team in NYC

Merritt Point Wealth Advisors, an Old Greenwich, Conn.-based independent wealth management practice affiliated with Wells Fargo Advisors Financial Network, added a seven-person advisory team from Truist Wealth Management that oversees more than $1 billion in client assets, the firms announced. The Palm Beach, Fla.-based team includes partners Mark Elliot, Scott Friedman, Darren Dawson and John…

Global mobility is no longer a niche concern reserved for a small subset of internationally minded families. Instead, it’s become a central pillar of modern wealth planning, particularly among ultra-high-net-worth (UHNW) individuals seeking flexibility, security and long-term resilience. As geopolitical and economic uncertainty persists, advisors must understand how mobility strategies are evolving and how they…

A retired New York lawyer who bought a $5.5 million Cape Cod mansion that was teetering on the verge of falling into the ocean claims he shouldn’t have to pay off his mortgage because he was “manic” when he bought it. John G. Bonomi Jr, 66, purchased the 5,817-square-foot dwelling situated between Cape Cod Bay…

US military carries out fresh strikes on Iran, prompting Iran attacks on Kuwait and Bahrain

Key Points The “Magnificent Seven” is a group of stocks that make up the largest companies in the world. Their success has been a hallmark in the market for the past few years, but I’m not bullish on every single one of them right now. This group consists of: Nvidia (NASDAQ: NVDA) Apple (NASDAQ: AAPL)…

Andy Burnham’s council housebuilding programme faces significant delivery challenges due to insufficient publicly owned land in areas with the greatest housing need, according to analysis by specialist lender Together. Research using data from property platform Searchland found that publicly owned brownfield land in England has capacity for between 187,000 and 207,000 homes, falling short of…