(December 9 – 10:30 ET) –
University Avenue Financial Corp.
says its CEO, Gordon Reid, is
resigning. The firm has agreed to
sell a portion of its investment
counselling business to Reid.
Reid will establish a company
that will act as a sub-advisor to
the University Avenue U.S. Growth
Fund and the University Avenue
U.S. Small Cap Fund.
The firm’s previous CEO, Andrew
Roblin, resigned earlier this
year.
-IE Staff
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