University of Minnesota Finance & Operations Committee Agenda Packet February 2026
Debt Advisory Contract Amended and Assigned from Janney
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Description
The University previously awarded the municipal debt advisory contract to Janney Montgomery Scott LLC. In February 2026, this contract was formally assigned to Echo Financial Products LLC due to personnel transition and acquisition.
Contract Details
Vendor
JANNEY MONTGOMERY SCOTT 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
First extension exercised (to June 30, 2026); contract amended and assigned to Echo Financial Products LLC for continuity.
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