AUBURN – Auburn Research Park officials have announced that financial advisement firm Johnson Sterling Inc. will open a financial research and consulting office in the park in early April.
“Johnson Sterling has a long-standing relationship with Auburn University, having served the Auburn retirement plans and its participants since 1984, ” Auburn Research Park Executive Director John Weete said. “We are very pleased to have Johnson Sterling in the research park. The firm uses a research-driven, risk-managed financial and investment management discipline to serve its clients. We expect that to continue and even broaden in the research park.”
The Birmingham-based firm is an independent, fee-only company and is a registered investment advisor and pension consultancy with the Securities and Exchange Commission. It provides an array of financial services, investment advisory services and retirement plan fiduciary consulting services throughout the United States. Clients include colleges and universities, medical schools, individuals, families, estates and corporations.
Johnson Sterling selected the Auburn Research Park because of its close proximity to Auburn University, according to Sam Johnson, CEO of Johnson Sterling. Plans call for a financial learning center to instruct people on how to use financial research and tools.
The company also plans a student internship for Auburn students, who would earn income while working part-time to gain real-life experience. Student interns would participate in developing systems and techniques to help people meet financial goals and deal with financial challenges.
“Our firm is privileged to participate in this important initiative,” Johnson said. “We are proud to be an active supporter of the mission of the Auburn Research and Technology Foundation and its partnership with Auburn University and the state of Alabama.”
The Auburn Research Park is located on 156 acres of Auburn University property and is being developed and operated by the Auburn Research and Technology Foundation, an Alabama nonprofit corporation. The first building in the emerging Auburn Research Park was completed in September.
The research park is expected to attract companies from within and outside the state to be near the intellectual resources of Auburn University. Current tenants include Northrop Grumman, Roanoke Electronic Controls, the Auburn Research and Technology Foundation and the Auburn University Office of Technology Transfer.