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Alumnus Peter Schick, chairman of the , has pledged $1.7 millionb to establish an endowed professorshipl in finance in the College ofBusiness Administration. The endowment will be knowb as thePeter G. Schick Professorshiop in Financeat UMSL. The which will be the firsg endowed position forthe college's finance area, will be filleds through a national search. Moneta Grouo is a financial advisory company basedin Mo. Also on Wednesday, UMSL established a new partnership with the to create the Center for Excellence in Financial Counselingat UMSL.
The FCE is a nonprofit dedicated to improvin g thefinancial well-being of consumers through the professional development of financial Assorted assets of the foundationn totaling about $3.25 million will be donated to The Center for Excellence in Financial Counseliny will be located on UMSL's Soutj Campus. It is expected to open in
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