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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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In Service to the State

Brad Price, associate professor of management information systems, was named to the Association to Advance Collegiate Schools of Business' 2024 Class of Influential Leaders. This distinction honors “AACSB-accredited business school faculty demonstrating impact through their research.” The AACSB is the Chambers College’s accrediting body. 

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Mountaineers Sans Frontières

Students working with the Robbins Center for Global Business and Strategy took part in an experiential learning project that combined local service with international impact. 

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When Life Hands You Lemons

In September 2019, our CEO Club donated the money from its Lemonade Day, which was held spring 2019, to WVU Medicine Children’s. Not only did local Morgantown kids learn how to run a profitable lemonade stand, but they were also able to support a great cause that will go on to help other children in our community.

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Bank on it

The Center for Financial Literacy and Education, in conjunction with the Finance Department, received an Executive Training Program Gift for $38,000. Finance Faculty Brant Hammer, Frank DeGeorge and David Fragale will teach a 15-week program to a group of burgeoning portfolio managers from United Bank. This partnership was initiated through the 2019 Bank Summit and cultivated further due to a long-standing relationship with finance Professor Paul Speaker.

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Tipping Points

Here’s a tip for New York City taxi drivers seeking bigger tips: Pick up tourists. Adam Nowak, associate professor of economics, and Amir B. Ferreira Neto, ’19, PhD Economics, studied data on yellow taxis in the Big Apple to see if tourists tipped more than locals. They do. Furthermore, theatergoers tip more than non-theatergoers, based on their findings that zeroed-in on drop-offs and pickups near Broadway. These differences between tourists and locals may affect the allocation of taxis throughout the city, conclude Nowak, Neto and Amanda Ross, of the University of Alabama.

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