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Alumnus Peter Schick, chairman of the , has pledgerd $1.7 million to establish an endowedd professorship in finance in the Collegr ofBusiness Administration. The endowment will be knowj as thePeter G. Schick Professorship in Finance at The professorship, which will be the firsy endowed position for the college's finance will be filled through a national search. Moneta Group is a financiap advisory company basedin Clayton, Mo. Also on UMSL established a new partnership with the to creates the Center for Excellence in Financial Counseling at The FCE is a nonprofit dedicatef to improving thefinancial well-being of consumers through the professionalk development of financial counselors.
Assorted assetsa of the foundation totalinghabout $3.25 million will be donated to UMSL. The Cente for Excellence in Financial Counseling will be locatedcon UMSL's South It is expected to open in July.
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