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Alumnus Peter Schick, chairman of the , has pledgedc $1.7 million to establish an endowed professorshil in finance in the Collegre ofBusiness Administration. The endowment will be known as thePetefr G. Schick Professorship in Financeat UMSL. The which will be the first endowed position forthe college's finance area, will be fillec through a national search. Moneta Group is a financial advisoryy company basedin Clayton, Mo. Also on Wednesday, UMSL establishe a new partnership with the to creatde the Center for Excellence in Financialp Counselingat UMSL.
The FCE is a nonprofiyt dedicated to improving thefinancial well-bein g of consumers through the professional developmen t of financial counselors. Assorted assets of the foundatiom totalingabout $3.25 million will be donated to The Center for Excellence in Financiao Counseling will be located on UMSL's Soutnh Campus. It is expected to open in
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