CALGARY, Alberta, Jan. 19, 2017 /PRNewswire/ -- Today, MLD Wealth Management Group, announced the creation of a $3,000 scholarship in support of those impacted recent decline of Oil and Gas industry.
In the last two years, plunging oil prices have given rise to difficult financial situations across the US and Canada. In Alberta, Canada, more than 40,000 workers lost their jobs as a direct consequence of the depressed crude oil prices while the US reported over 85,000 layoffs during the same period. Nearly two years later, the sector is far from a full recovery, and many individuals and families are still struggling to cope with this economic challenge. In response, MLD Wealth Management has committed to helping families directly impacted this downturn by offering a yearly scholarship open to all Canadians and Americans enrolled or planning to enroll in a certified educational institution.
"Over the last 30 years Canadians and Americans in the Oil and Gas sector have given so much to their communities. Through this time of uncertainty in the Oil and Gas sector, we want to help the people in the industry who have fallen on hardship and are looking to go back to school to re-tool and skill-up, or help their children continue their post-secondary dreams." - Chad Larson, SVP Portfolio Manager, MLD Wealth Management
Prospective students or students currently enrolled in an educational institution can apply through their asset management firm's website until May 10th, 2017. This annual scholarship will be awarded to a candidate who has worked in the Oil and Gas industry or had a parent or legal guardian work for the industry who has been negatively impacted by the decline of oil prices. Other criteria include financial need, academic standing and community participation. More details are available on MLD Wealth Management's scholarship page.
The MLD Wealth Management Group is eager to connect with the press to discuss or comment on the topic of helping the Oil & Gas Worker Community. Contact Chris Hilliard at [email protected] for further inquiries.
About MLD: Founded in 2004, the MLD Wealth Management Group is a team of expert wealth advisors and portfolio managers based in Calgary, Alberta that manage over 700 million dollars in assets. The team members are nationally nominated and recognized for their excellence, including such awards as the Top Under 40 Investment Professionals in Canada, and Discretionary Portfolio Manager of the Year. MLD Wealth Management Group is a Multi-Family office focused on working with quality people and their families in helping them protect, manage and grow their wealth for generations to come.
MLD Wealth Management Group
450 – 1 Street Sw, Suite 2800
Calgary, Alberta - T2P 5H1 Canada
Media contact:
Chris Hilliard
[email protected]
604-360-5161
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/announcing-3k-guaranteed-scholarship-offered-to-workers-impacted-by-oil--gas-downturn-by-mld-wealth-management-300393419.html
SOURCE MLD Wealth Management
