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JU trustee, alumnus Margaret “Mag” Black-Scott expands investment firm to Jacksonville

Margaret “Mag” Black-Scott

Jacksonville University trustee and alumnus Margaret “Mag” Black-Scott has expanded her Beverly Hills Wealth Management firm to Jacksonville, the Financial News & Daily Record reported on Tuesday, Oct. 23.

Since creating the California investment company in 2010 with former Jacksonville colleague Nancy Overton, Black-Scott also has opened offices in Sacramento and San Diego, Calif., and in Phoenix, Ariz. She told the Financial News & Daily Record that she returns to Jacksonville at least three times a year for JU Board of Trustees meetings.

“This will increase my time in Jacksonville because we are committed to building that out,” she told the newspaper.

Formerly a managing director and vice chairwoman of Morgan Stanley & Co., where she worked for 30 years, Black-Scott earned an MBA from JU and served as an adjunct professor at the university. In Jacksonville, she also was business editor of WJCT-TV and won the coveted “Eve” award as the community’s businesswoman of the year. Among her community roles in Jacksonville was serving as the Duval Research and Development Authority chairman.

Black-Scott also has presented a daily television program on financial affairs in Los Angeles, and currently serves as a UCLA International Institute Israel Studies Program board member.

Here is the Financial News & Daily Record article on Beverly Hills Wealth Management’s expansion to Jacksonville.