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Rediff.com  » Business » These Olympians are also Wall Street brokers!

These Olympians are also Wall Street brokers!

September 13, 2016 09:22 IST

UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes

Image: Emily Samuelson (L) and Evan Bates of the US perform during the ice dance original dance figure skating competition at the Vancouver 2010 Winter Olympics. ' Photograph: David Gray/Reuters.
 

An interesting trend has emerged in the US, where many wealth management companies are hiring retired Olympians.

Among these, UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes.

Let's check out a few successful athletes who are today respected wealth managers.

Emily Samuelson, an ice dancer, retired after skating in the 2010 Vancouver Olympics.  Samuelson is now a financial adviser for Bank of America Merrill Lynch in Michigan.

Speaking to the media, Samuelson said she likes Wall Street's competitive, 'eat-what-you-kill culture', along with paychecks that are bigger and more stable than her sports careers could offer.

Image: Mark Lopez cheers on his brother Steven Lopez. ' Photograph: Issei Kato/Reuters.

Mark Lopez won a silver medal in Taekwondo at the 2008 Beijing Olympics. He joined UBS AG, Houston, as a financial advisor in 2011.

David Emma, above, an ice hockey player who participated in the 1992 Olympics, lost 80 per cent of his savings in the tech bubble.

The loss ruined him financially, and he decided to pursue a career in wealth management, first at Merrill Lynch and later at HighTower.