University of Minnesota Finance & Operations Committee Agenda Packet February 2026
Debt Advisory Services Assigned to Echo Financial Products LLC
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Description
The University of Minnesota Board of Regents approved the assignment of its debt advisory contract to Echo Financial Products LLC, ensuring continuity of municipal finance advisory services through June 2026. This follows the acquisition of Janney’s team by Huntington Bancshares and their transition to Echo.
Contract Details
Vendor
ECHO FINANCIAL PRODUCTS LLC
Agency
University Of Minnesota-Rochester, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2026
Contract Term
July 1, 2022 – June 30, 2026 (with extensions possible)
Renewal Date
2026-06-30
Renewal Info
Original contract awarded to Janney (3 years, with up to three 1-year extensions). First extension exercised (to June 30, 2026); University to decide on further extension or new selection before June 2026.
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