University of Minnesota Finance & Operations Committee Agenda Packet February 2026
Original Debt Advisory Role Concluded for Janney Montgomery Scott LLC
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Description
Janney Montgomery Scott LLC originally served as the University's appointed debt advisor since 2022. That contract was officially assigned to Echo Financial Products LLC as Janney's advisory team transitioned, with Board of Regents approval.
Contract Details
Vendor
JANNEY MONTGOMERY SCOTT LLC
Agency
University of Minnesota Board of Regents, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2026
Contract Term
July 1, 2022 – June 30, 2025 (original); extended to June 30, 2026 before assignment
Renewal Date
2026-06-30
Renewal Info
Contract began July 1, 2022, with three-year initial term and up to three one-year extensions. Assignment to another firm executed after the first extension.
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