Feb. 12, 1998
For Hicks, A Life of Coaching Investments and Basketball
As a point guard for Virginia in the late 1970s, Tom Hicks acted like a coach on the floor. The lessons he picked up from two seasons with coach Terry Holland's teams apparently rubbed off. During the day, Hicks coaches investments and finances as first vice president for Prudential Securities in Salt Lake City, Utah. Then he goes back to the hardwood coaching three teams -- a freshman boy's team at a local Catholic high school, a second grade team for one of his three daughters, and a kindergarten team for another daughter. So when does he find time to catch his breath? "I don't," Hicks laughed from his office. "We just survive."
Holland initially recruited the Long Island native when he was head coach at Davidson. But Hicks opted to attend Tulane University in New Orleans "which had something of a pipeline from New York in those days," he said.
After two years there, though, Hicks transferred to Virginia where Holland was the head coach.
"It was a better program and I knew the coach," Hicks said. "It was better competition and, just as important, UVa had a very good medical school."
The 6-2 Hicks was a reserve guard behind Bobby Stokes in 1977-78 and Stokes and Jeff Jones in 1978-79. He led the team with 67 assists in 1978 and averaged 2.4 points per game as part of the third Virginia team to win 20 games in a season. A good defensive player, Hicks also shot 76 percent from the line in more limited duty as a senior, when he averaged 2.0 points and 2.8 assists in 16 games. Hicks ended up in Salt Lake City after a brief excursion into pro basketball. He was the last guard cut by the New York Knicks in 1979 and tried out for the Utah Jazz before being sidelined by a broken ankle.
A pre-med and English student, Hicks ultimately passed on medical school for a career in finance.
"After I was done playing, I just didn't want to go back to medical school," he said. "That was enough for me."
Instead, he has been in the financial services industry for 14 years with Shearson American Express and its spinoffs, and now Prudential Securities. The firm employs about 40 workers in his Salt Lake City office. Hicks said most of his business is geared toward a consultant approach -- selecting money managers, mutual funds, and bond managers for clients -- as opposed to jumping on the hot stock tip of the day.
"Those were the old days when you tracked stocks and stocks only," he said. "That's still the sizzle of the business, but it's become a dinosaur because there are so many other financial options out there."
If financial services have grown more complex, so too has basketball, Hicks said. "You'd be surprised at how far [high school] freshman have come," said Hicks, who rebates his stipend to the school at which he coaches. "I have freshmen who can do things that I could not do as a high school senior. All those people who say players were better in the old days -- there's not a chance," he said.
'Hoos Savor Latest ITA TitleMen's Tennis2/20/17In men's tennis, Virginia won its sixth ITA National Team Indoors Championship, defending Ohio State 4-1 at the Boar's Head Sports Club.Slumping Cavaliers Look to RegroupMen's Basketball2/19/17No. 14 Virginia (18-8, 8-6) will try to end a three-game losing streak Monday night when ACC rival Miami (18-8, 8-6) visit John Paul Jones Arena.Kwiatkowski Sets Standard On and Off CourtMen's Tennis2/16/17Thai-Son Kwiatkowski, one of top-ranked Virginia's best players, also has distinguished himself in the McIntire School of Commerce.
Director of News Content
A 1985 graduate of UVA, White worked at the Richmond Times-Dispatch until July 2009. He was honored six times as the state's Sportswriter of the Year.
No. 18 Virginia Falls Miami 54-48 in OT
M. Basketball | 2/20/2017
Devon Hall scored 15 points to lead the Cavaliers, but No. 18 Virginia fell to Miami in overtime ...
No. 14 Virginia Hosts Miami Monday Night
M. Basketball | 2/19/2017
No. 14 Virginia hosts Miami on Monday, Feb. 20. Tipoff at John Paul Jones Arena is set for 7 p.m....
Jeff White: Slumping Cavaliers Look to Regroup
M. Basketball | 2/19/2017
No. 14 Virginia (18-8, 8-6) will try to end a three-game losing streak Monday night when ACC...
No. 14 Cavaliers fall to No. 10 Tar Heels 65-41
M. Basketball | 2/18/2017
Justin Jackson scored 20 points to help No. 10 North Carolina beat No. 14 Virginia 65-41 on...
No. 10 North Carolina Next For No. 14 Virginia
M. Basketball | 2/17/2017
No. 14 Virginia (18-7, 8-5 ACC) plays at No. 10 North Carolina (22-5, 10-3 ACC) on Saturday, Feb....
Jeff White: Grueling Stretch Continues for 'Hoos
M. Basketball | 2/16/2017
No. 14 Virginia, which lost Wednesday night to No. 12 Duke at JPJ, meets No. 10 North Carolina in...
No. 14 Virginia Falls to No. 12 Duke, 65-55
M. Basketball | 02/15/2017
London Perrantes scored 14 points to lead Virginia (18-7, 8-5) and Ty Jerome had 13.
No. 14 UVA Hosts No. 12 Duke on Wednesday
M. Basketball | 02/14/2017
No. 14 Virginia (18-6, 8-4 ACC) hosts No. 12 Duke (20-5, 8-4 ACC) on Wednesday, Feb. 15 at 9:10 p...
- Online Stores