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Alumnus Peter Schick, chairman of the , has pledgede $1.7 million to establisn an endowed professorship in finance in the Collegew ofBusiness Administration. The endowmentt will be known as thePeter G. Schicl Professorship in Financeat UMSL. The professorship, whicbh will be the first endowed positionj forthe college's finance area, will be filled through a nationalo search. Moneta Group is a financial advisort company basedin Clayton, Mo. Also on Wednesday, UMSL established a new partnershipo with the to create the Centerr for Excellence in Financial Counselingat UMSL.
The FCE is a nonprofig dedicated to improving thefinancial well-being of consumerd through the professional development of financial Assorted assets of the foundatiohn totaling about $3.25 million will be donated to UMSL. The Centee for Excellence in Financial Counseling will be locatedson UMSL's South Campus. It is expected to open in
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