Morgan offices in New York City and London that the prospects of a career in financial services began to dawn.
It was not until, consistent with her college program of study, she started her career as an engineer installing telecom systems at J.P. Still, Raskin says, there was not an inkling she was destined for the financial profession at that point in her life. “So, I certainly knew what they were and I knew about how people traded stocks.” “I grew up around stocks and hearing about them,” she says. (Raskin never took up her grandfather’s cigar-smoking habit, though her grandmother smoked cigars and lived to age 102.) Raskin’s paternal grandfather had a cigar stand on the bottom level of the New York Stock Exchange that she visited occasionally as a child, and her grandmother sold bull and bear jewelry from the stand. Hence, “The $26 billion woman” moniker bestowed upon her by the Washington (D.C.) Business Journal. Today, after making short order of that engineering degree, Amy Raskin is CIO of Chevy Chase Trust Investment Advisors with responsibility for $26 billion in assets the organization has under management. With respect to his youngest daughter, his calculations might have grandly exceeded expectations. Raskin was an actuary, after all, and was in the business of ascertaining predictable and financially viable outcomes. “My father’s famous saying was, ‘Go to museums on the weekends if you want to broaden your horizons,’” she recalls. Hence, her decision to study engineering. In other words, select a major with a direct path to a profession with gainful employment opportunities. (now Watson Wyatt Worldwide) before opening his own consulting business - insisted that he would pay for his three daughters’ college educations with the proviso they got accepted at institutions of higher learning that were “significantly better than a state school.”Ī young Amy Raskin cleared that hurdle with an acceptance letter from Penn, but her father had a secondary stipulation, that college was a means to an end. This much she did know: Her father - an actuary who worked for Buck Consulting and The Wyatt Co. She had no particular calling in life when she headed off to the University of Pennsylvania to pursue an engineering degree, despite having “no idea” how she would apply it professionally. Fortunately for Amy Raskin, life did not always go according to plan.
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