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D.A. Davidson & Co. Provides $1 Million to Student Investors

In the company’s ongoing commitment to financial literacy, D.A. Davidson & Co. http://www.dadco.com/ today announced it is launching its 21st annual Student Investment Program and has provided $1 million to student investors for the 2006-2007 school year.

The D.A. Davidson Student Investment Program gives senior-level business students a hands-on education in investing and portfolio management. The program provides colleges and universities throughout the Northwest and Rocky Mountain regions with $50,000 per school, to be invested in the markets over the year. Twenty schools in seven states participate.

The student teams use real money, pay execution costs and earn interest on cash and dividends on securities. The schools also share in the profits. The teams make investment decisions with a D.A. Davidson financial consultant as advisor and each school receives one-half of its team’s earnings above 5 percent, to spend as it chooses. D.A. Davidson lends the schools the initial $50,000 investment and absorbs any losses.

Full Story: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060925005292&newsLang=en

(Thanks to the Montana Chamber of Commerce for bringing this to our attention. Russ)

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