Todd B. Richter (MBA ’81), one of Wall Street’s leading analysts in the healthcare industry for over 20 years, provided an estate commitment to the Kelley School – valued at over $5 million.
The Todd B. Richter Fund establishes and supports five endowments:
- Two professorships, awarded to faculty members of with extensive experience in the field of securities analysis
- Graduate fellowships, presented to Kelley students with an active interest in the study of finance and/or securities analysis
- Support of the Graduate Finance Department
- Support of the Dean’s Office
- An endowment that directs any remaining residue of the bequest to be equally divided among the other four designations
“Todd Richter, through his extraordinary generosity and passionate support, actively lives out all the values that the Kelley School holds dear,” says Dean Daniel C. Smith. “His gifts of time and talent to the school are far-reaching. Todd leads one of our School’s most active and important corporate recruiting teams, mentors aspiring students, has actively exchanges research ideas with our professors, serves on the Reese Fund board and serves as a judge in case competitions. The Richter Fund embraces the qualities of these gifts and will ensure that future generations of the Kelley community will come to know Todd and be inspired to engage with the School as he has done and continues to do.”
Todd is a Managing Director in the global healthcare investment banking group at Bank of America. He heads the group’s financial sponsor coverage effort and is also responsible for the development of key transactions that are a result of important strategic and financial trends. Prior to assuming this role, Todd was head of the firm’s healthcare research group and served as a senior research analyst on health insurance/managed care, specialty health benefits and an array of healthcare providers and distributors.
Prior to joining Bank of America in 1999, Richter spent 18 years at Morgan Stanley directing that firm’s healthcare services equity research effort and actively covering all subsectors of the healthcare services field.
“Todd is one of the Kelley School’s most strategic and thoughtful donors”, adds Rick Dupree, Executive Director of Development. “He knows the School inside out, having been an active recruiter of our talent and dedicated alumnus for many years. He knew precisely what he wanted to do with his gift to the Kelley School. Together, we crafted an agreement that married his philanthropic intent with some of the School’s most important initiatives.”
Todd Richter received his undergraduate degree from the College of William and Mary in 1979. He currently serves as a member of the Kelley School Dean’s Council and is an active member of the Kelley Alumni Association’s Metropolitan New York chapter. He is a member of the Indiana University Foundation’s Arbutus Society, and was named 17 times an “All-American Analyst” by the Institutional Investor’s Annual Survey as well as an “All-Star Analyst” by the Wall Street Journal.