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Several companies have explicit policies against cronyism, with good reason. Hiring a family member simply for a relationship can be troubling and may not necessarily serve a company's interests. But by and large, financial firms in particular commonly hire people who have certain connections, whether through family or a business relationship.
When you have to worry about some idiot making the decision on a roster move, or hiring coaches, or some of the stuff you have to worry about... when you have that added pressure and stress of not trusting the organization and knowing that they don't know what they're doing, that's just an added amount of stress you don't need as a young player.