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FINANCIAL_SERVICESAMENDED

University of Minnesota Finance & Operations Committee Agenda Packet February 2026

Janney Debt Advisory Contract Assigned to Echo Financial Products LLC

University of Minnesota Board of RegentsJANNEY MONTGOMERY SCOTT LLCFebruary 12, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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WithersRavenel logo
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Description

The contract for University of Minnesota's municipal debt advisory services originally awarded to Janney Montgomery Scott LLC has been amended and assigned to Echo Financial Products LLC due to acquisition and team transition in December 2025.

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, 2026 (plus three additional one-year extensions possible)

Renewal Date

2026-06-30

Renewal Info

Contract awarded July 2022 via RFP, assigned to Echo February 2026, initial extension active, up to two more one-year extensions possible.

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