What Egan-Jones Proxy Services does

Egan-Jones Proxy Services is a private U.S. proxy advisory firm founded in 2002 and headquartered in New York, serving institutional investment professionals including asset owners, asset managers, wealth managers, and registered investment advisors. The company provides vote guidance (research-backed recommendations on every proposal at every shareholder meeting), vote execution (submitting votes on behalf of clients through Broadridge, Tumelo, and ISS proxy networks), N-PX report generation (EDGAR-ready XML for SEC compliance), and custom analytics. Its core differentiator is structural independence: Egan-Jones states it accepts no consulting revenue from issuers, in contrast to ISS and Glass Lewis, and offers fully customizable voting policies built from scratch rather than against predefined benchmarks, covering meetings across 40+ countries.

The firm operates a subscription-based revenue model with three published tiers — N-PX Only at $4,900 annually, Basic at $6,000+ annually, and Enterprise at custom multi-year pricing — sold primarily through direct sales via its website with Calendly booking and email/phone support. The platform supports API integration for programmatic data exchange, sub-24-hour custodian onboarding, and multi-policy guidance (clients can receive input from multiple policies but submit under one). Off-the-shelf policies include Wealth-Focused, Blended, ESG, Catholic, Taft-Hartley, and the newly added Bowyer Policy (2026). The go-to-market motion combines direct enterprise sales, channel partnerships (notably BlackRock's Voting Choice program added in July 2024), and content marketing through its blog, email newsletter, and publication in venues such as the Harvard Law School Forum on Corporate Governance.

Customer evidence points to a long-tenured, horizontally-segmented book: testimonials include a 15+ year client, asset managers, RIAs, and a Cambridge-based investment management firm, with claimed combined customer AUM exceeding $25 trillion. The firm is privately held with no disclosed funding rounds, no parent company, and no public revenue figures; headcount is in the 11–50 range, consistent with a focused niche operator rather than a scaled platform. Strategic momentum in 2024–2026 includes the BlackRock channel win, the Bowyer Policy launch, and reported defections of large U.S. banks from incumbent proxy advisors — together signaling share-shift potential in a concentrated duopoly market.

Name

Egan-Jones Proxy Services

Legal name

Egan-Jones Proxy Services

Website

https://ejproxy.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Egan-Jones Proxy Services is a U.S. proxy advisory firm serving institutional investors, asset managers, and RIAs with vote guidance, vote execution, N-PX reporting, and custom analytics, positioning itself as the only major independent proxy advisor without issuer consulting conflicts.

Ownership category

akta.pro rank

Product category

Proxy Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Proxy Voting & Governance Services (FSAAAOAJ)

akta.pro secondary industries

Proxy Voting & Shareholder Meeting Services (FSAFALAD), Proxy Voting & Shareholder Meeting Services (FSACAHAL)

Keywords

• Proxy advisory services
• Proxy voting research
• Vote execution services
• N-PX reporting
• Corporate governance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Subscription-Based Proxy Services: Annual subscription model with tiered pricing (N-PX Only, Basic, Enterprise) covering research, vote recommendations, N-PX reporting, and optional vote execution. Customers billed annually with possible ballot or report overages for usage beyond contracted amounts.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Egan-Jones Proxy Services is an independent proxy advisory firm providing institutional investors with research-backed vote recommendations, automated vote execution through major proxy networks (Broadridge, Tumelo, ISS), EDGAR-ready N-PX regulatory reporting, and custom analytics. The firm serves asset owners, asset managers, wealth managers, and RIAs with annual subscriptions that bundle guidance, execution, compliance reporting, and customizable voting policies.

Product overview

Egan-Jones Proxy Services is a proxy advisory firm offering a unified platform with multiple service modules. The core product portfolio includes Vote Guidance (research and recommendations), Vote Execution (automatic submission through proxy networks), N-PX (SEC EDGAR filing), and Analytics (custom reporting). These services are organized into three pricing tiers: N-PX Only ($4,900/year), Basic ($6,000+/year), and Enterprise (custom pricing). The platform also supports fully customizable voting policies, and offers several off-the-shelf policy options including Wealth-Focused, Blended, ESG, Catholic, and Taft-Hartley, plus the newly launched Bowyer Policy. The company integrates with major proxy networks (Broadridge, Tumelo, ISS) and custodian banks for seamless vote execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Vote Guidance
• Vote Execution
• N-PX
• Analytics

Quantifiable outcome

• Egan-Jones recommendations aligned with subsequent shareholder voting outcomes (e.g., at Jack in the Box, directors recommended against received significantly less support)
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• BlackRockcoreGTM or Marketing Partner · 19 July 2024BlackRock, the world's largest asset manager with $10.65 trillion in AUM, added Egan-Jones voting guideline options to its Voting Choice program, giving clients further control over how their shares are voted. This positions Egan-Jones as a differentiated independent option in BlackRock's platform, contrasting with conflicted advisory firms.
• BroadridgecoreTechnology or IntegrationBroadridge is a major proxy voting network through which Egan-Jones submits vote recommendations on behalf of institutional clients. The integration allows seamless vote execution for clients using Broadridge infrastructure.
• TumelocoreTechnology or IntegrationTumelo is a proxy voting network integration that enables Egan-Jones clients to submit votes through Tumelo's platform, expanding the network options available for vote execution.
• ISS (Institutional Shareholder Services)coreTechnology or IntegrationISS is a major proxy network through which Egan-Jones can exchange vote data, providing additional flexibility for clients who use ISS infrastructure for their proxy voting workflows.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Morrow Sodali: Morrow Sodali is a global consulting and advisory firm with substantial proxy solicitation, investor engagement, and corporate governance advisory practices, overlapping with Egan-Jones' investor-stewardship advisory services in institutional governance and shareholder engagement workflows.
• Georgeson: Georgeson is a long-established proxy solicitation and corporate governance advisory firm with extensive institutional investor relationships; it offers governance advisory and shareholder services that intersect with Egan-Jones' stewardship-focused policy work for asset managers and asset owners.
• Broadridge Financial Solutions: Broadridge is the dominant proxy voting infrastructure and communications network used by virtually every public company and institutional investor; Egan-Jones routes votes through Broadridge, and Broadridge's adjacent governance analytics and communications solutions create partial product overlap with Egan-Jones' analytics and reporting capabilities.

Emerging players

• Manifest: Manifest is an independent proxy advisor and ESG data firm offering institutional voting research and policy benchmarking, positioning itself as a smaller, conflict-free alternative to ISS and Glass Lewis directly mirroring Egan-Jones' market positioning.
• Tumelo: Tumelo is a digital proxy voting platform serving asset managers and wealth platforms, providing both infrastructure and increasingly vote-research integrations; as a partner it routes Egan-Jones' recommendations to clients, but its emerging own research and voting recommendations create emerging-player overlap with Egan-Jones' guidance and execution products.
• Minerva Analytics: Minerva Analytics is a minority shareholder advisory and ESG analytics firm providing independent voting recommendations with a focus on smaller/institutional investors, overlapping with Egan-Jones' RIA and wealth manager advisory use cases in Europe and other markets.
• Proxymity: Proxymity is a digital proxy voting platform competing in the same institutional vote-execution infrastructure space Egan-Jones uses to deliver vote submission; its end-to-end digital voting focus places it adjacent to Egan-Jones' vote execution and N-PX workflows.

Direct peers

• Glass Lewis & Co. Glass Lewis is the second major institutional proxy advisor offering independent research, benchmarking, and vote recommendations; it competes head-to-head with Egan-Jones for the same institutional asset owner/manager/ria client base.
• Institutional Shareholder Services (ISS): ISS is the largest proxy advisory firm globally, providing vote recommendations, policy frameworks, and governance research to institutional investors — the same core services as Egan-Jones, making it the closest direct peer and the primary incumbent Egan-Jones competes against.

Regional players

• PIRC: PIRC is a UK-based proxy advisor and corporate governance research firm serving European institutional investors with voting recommendations, ESG analysis, and engagement services; it's a regional peer because its primary geographic focus is EMEA, while its core product (institutional voting research and policy guidance) directly parallels Egan-Jones.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/theproxyexperts
• LinkedInlinkedin.com/company/egan-jones-proxy-services

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egan-Jones Proxy Services