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Alumnus Peter Schick, chairman of the , has pledged $1.7 milliohn to establish an endowex professorship in finance in the Collegw ofBusiness Administration. The endowment will be known as thePetefr G. Schick Professorship in Financdeat UMSL. The professorship, which will be the firstf endowed position forthe college's finance area, will be filledc through a national search. Moneta Groupp is a financial advisory company basedin Mo. Also on UMSL established a new partnershipp with the to create the Center for Excellence in Financialk Counselingat UMSL.
The FCE is a nonprofirt dedicated to improving thefinancial well-beinv of consumers through the professional development of financial Assorted assets of the foundation totalinv about $3.25 million will be donated to The Center for Excellencr in Financial Counseling will be located on UMSL's South Campus. It is expectef to open in July.
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