Sarasota-based financial firm Cumberland Advisors and Cumberland’s founder and Chief Investment Officer David Kotok recently donated 12 Bloomberg terminals, the bread and butter to Wall Street traders and portfolio investors worldwide, to the University of South Florida Sarasota-Manatee. The gift equals about $60,000 and pays for a one-year subscription to the Bloomberg system.

“These terminals will expose our students to one of the best information systems in the world,” Dr. James Curran, USFSM's dean of the college of business, said. “The Bloomberg network provides data and analysis in real time and is used by financial analysts and business decision makers around the globe.”

[caption id="attachment_38656" align="aligncenter" width="474"] Dr. James Curran of USF Sarasota-Manatee watches along with William C. Dudley, CEO Federal Reserve Bank of New York and other as David Kotok of Cumberland Advisors performs the ribbon cutting during the dedication of Bloomberg Terminals. The gift from Cumberland Advisors enables USF students and professionals in the financial service sector to monitor and analyze real-time financial market data along with news, price quotes, and messaging capability.[/caption]

USFSM outlines the gift on their blog:
USFSM welcomes Financial Literacy Day, gift of terminals

The Business Observer covers the gift to USFSM here:
Financial advisers share tools of the trade with USF Sarasota-Manatee

Read the full article in PDF from Scene Magazine here:
Scene_Magazine_Article_Financial_Literacy

Or read the article on the Scene Magazine website:
www.scenesarasota.com/magazine/the-gift-of-financial-literacy/