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Alumnus Peter Schick, chairman of the , has pledgee $1.7 million to establish an endowesd professorship in finance in the College ofBusiness Administration. The endowment will be known as thePeterf G. Schick Professorship in Finance at The professorship, which will be the first endowed positiobn for the college's finance area, will be filler through a national Moneta Group is a financial advisor company based in Clayton, Mo. Also on UMSL established a new partnership with the to creatwe the Center for Excellence in Financialp Counselingat UMSL. The FCE is a nonprofit dedicated to improvinh thefinancial well-being of consumers through the professional developmen of financial counselors.
Assorted assets of the foundation totalinyabout $3.25 million will be donated to The Center for Excellence in Financial Counseling will be locatec on UMSL's South It is expected to open in July.
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