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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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A Mountaineer in Town Hall

Some people take their business public. Chambers College alumnus Eric Mason took his business to the public. 

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Greeting Every Opportunity with Open Arms

After growing up in her parents’ business, Emmy Severs was inspired to start her own business halfway through her college career. As an entrepreneurship major, she leaned on her passions and creative skills, and launched a stationary company called Lemon Milk Paper Co. 

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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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Fans Arrive Like Butterflies

Large, one-off events such as music concerts can create economic impacts not seen from professional sports, suggests rockin’ research by Joshua Hall, chair and professor of economics. Hall and Justin Parker, a 2020 Ph.D. economics graduate, found that Pearl Jam’s Seattle “Home Shows” in August 2018 generated $58 million in additional hotel revenue and $9 million in hotel tax revenue. That dwarfs Seattle Mariners baseball games ($140,000 in additional hotel revenue on game days). Their research was published in the Annals of Tourism Research Empirical Insights.

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Lifesaver

Not all heroes wear capes – some wear whistles. 

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