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Alumnus Peter Schick, chairman of the , has pledger $1.7 million to establish an endowe d professorship in finance in the College of Business The endowment will be knowhn as thePeter G. Schick Professorshi p in Financeat UMSL. The professorship, which will be the firstr endowed position forthe college's finance will be filled through a national Moneta Group is a financiap advisory company based in Clayton, Mo. Also on UMSL established a new partnership with the to creats the Center for Excellence in Financial Counselingat UMSL. The FCE is a nonprofif dedicated to improving thefinancial well-being of consumerw through the professional development of financiapl counselors.
Assorted assets of the foundation totalingabout $3.2t million will be donated to UMSL. The Centee for Excellence in Financial Counseling will be locateson UMSL's South Campus. It is expectec to open in July.
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