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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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Cap it Off

Just like the COVID-19 vaccine protects against contracting the contagious virus, the collective elements of self-efficacy, optimism, hope and resiliency - otherwise known as “PsyCap” - helps inoculate employees from the negative effects of working through a pandemic, according to Jeffery Houghton, management professor. Houghton and two of his Ph.D. students, Richard Oxarart and Luke Langlinais, found that those lagging in PsyCap characteristics drifted to maladaptive behaviors and exhibited a high perception of stress. Read more at WVUToday.

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Leaving her own Mark

For many students, WVU feels like family. For Amaya Gray, it is family. Gray’s grandfather, Ken Gray, may have founded the long-standing program WVUp All Night (which hosts events and activities for students as an alternative to the bar scene), but Gray is leaving her own mark as a Mountaineer. She’s been part of the Career Readiness Program with our in-house Center for Career Development, served as a Peer Mentor for incoming freshmen in BCOR 191 and a Chambers College Ambassador, has been a member of the Student Managed Investment Fund (SMIF) with Naomi Boyd, and founded Students of Color in Business with the help of Susan Lantz. “Students of Color in Business is geared towards business students and business minors, as well as any student who wants to be an entrepreneur or learn more about business,” Gray said. 

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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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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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Brick Immortal

Reynolds Hall may be the future of business, but the Entrepreneurship Club saw opportunity even before construction began. The new building stands on what was once the site of Stansbury Hall, which served as WVU’s beloved Field House, as well as home to a variety of academic departments. 

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