New England College of Finance

New England College of Finance sold to Best Associates

October, 2005 — The New England College of Finance (NECF) was acquired by Best Associates through its recently formed Whitney International University.

NECF, originally founded by the banking industry more than 100 years ago, has provided enhanced professional education for thousands of students throughout the financial services industry. NECF has partnered with major financial institutions including the Federal Reserve of Boston, Fleet Bank, State Street Corporation, J.P. Morgan Investor Services and Bank of America. It is accredited by the New England Association of Schools and Colleges.

Cherry Tree advised NECF’s board of trustees and management in the transaction.