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Photo of Michael Shalhoup with a fish he caught

A River Runs Through Wall Street

A River Runs Through Wall Street

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Chambers College alumnus Michael Shalhoup was recently profiled in Forbes for his work in the field of wealth management. This proud West Virginian and avid fly fisherman has emerged as a prominent figure in the finance industry, overseeing more than $1.7 billion in assets at Merrill Lynch. 

Shalhoup’s practice has made lists including Forbes America’s Top Next-Gen Wealth Advisors, Top Next-Gen Wealth Advisors Best-in-State, Best-in-State Wealth Advisors, Best-in-State Wealth Management Teams and America's Top Wealth Management Teams High Net Worth. In addition, he is the namesake of a study room within Reynolds Hall.

Shalhoup’s journey began with a degree in economics from West Virginia University and later brought him to New York City. Joining Merrill Lynch in 2010, he built his practice from the ground up, initially focusing on serving public executives. 

Today, with a team of 12 advisors, Shalhoup provides comprehensive financial services to clients nationwide. Their commitment to embracing technology and financial planning tools ensures an enhanced client experience, while their philosophy of simplicity, transparency and education empowers clients to understand and articulate their financial plans.

His story is a testament to the power of dedication, expertise and consistent client value.

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Take Stock

Worried about a looming recession and what to do with your money? Hold steady on those investment plans, advises Alexander Kurov, professor and Fred T. Tattersall research chair in finance. In an article penned for The Conversation, Kurov writes “Stick to your long-term plan and ignore day-to-day market fluctuations, however frightening they may be. Don’t take my word for it. The tried and true approach of passive investing is backed up by a lot of evidence.” To dive into the full article, go to go.wvu.edu/kurov.

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Trending

Twitter is more than rantin’ and ravin’ and snarky memes. It can influence stock returns, according to Alexander Kurov, professor and Fred T. Tattersall research chair in finance. Kurov and Chen Gu, a 2018 graduate of the finance doctoral program, found that firm-level Twitter content has information useful for predicting next-day stock returns, and that it is a stronger predictor of returns for firms with less analyst coverage. Their study, “ Informational role of social media: Evidence from Twitter sentiment,” is published in the Journal of Banking and Finance.

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Eight is Great

For the eighth consecutive year, the College’s Professional Sales Institute was named a Top University Sales Program in the world by the Sales Education Foundation. The listing highlights the top sales programs at higher education institutions that include 134 schools in North America and 16 international schools.

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Roll Call

Four Chambers College alumni who trailblazed their way to success in the business world joined the 2020 Roll of Distinguished Alumni class. They include Tina Bigalke, chief diversity officer of PepsiCo; Glenn Carell, managing director of Global Trading Systems Designated Market Making Operations; Dan D’Arrigo, former executive vice president and chief financial officer of MGM Resorts; and Albert Lewis, owner and chairman of Glass Inc.

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The Gavel Strikes 20

2023 marks the 20th year of law firm Steptoe & Johnson’s participation in the FAFE (Forensic Accounting and Fraud Examination) graduate program’s Moot Court exercise. This capstone experience puts students’ skills to the test by having them investigate mock cases based on real-world financial crimes, culminating in a trial where they must testify as to their findings.  

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