Renowned Wall Street analyst and esteemed alumnus of the Kelley School’s MBA program in 1981, Todd Richter, has recently made a significant estate commitment to the school. With a value exceeding $5 million, this generous contribution establishes the Todd Richter Fund, which will play a vital role in supporting finance education at the Kelley School.
The Richter Fund has been strategically allocated to fund five crucial endowments within the school. Its primary focus is to create two professorships for experienced faculty specializing in securities analysis. Additionally, the fund will provide graduate fellowships to deserving Kelley students who display a keen interest in finance and securities analysis studies. It will also provide essential support to the Graduate Finance Department and the Dean’s Office. Lastly, the fund includes an endowment that will equitably distribute any remaining bequest among the other four categories.
Dean Daniel C. Smith of the Kelley School commends Todd Richter for his exceptional commitment and generosity, which exemplify the core values of the school. In addition to his financial contributions, Richter actively engages with students by providing mentorship, exchanging research ideas with professors, serving on the Reese Fund board, and participating as a judge in case competitions. The Dean firmly believes that the Richter Fund will serve as a source of inspiration for future generations within the Kelley community, reflecting Richter’s unwavering dedication to the school’s mission.
In his current role as the Managing Director of the global healthcare investment banking group at Bank of America, Richter leads the group’s financial sponsor coverage and plays a key role in driving transactions based on significant strategic and financial trends. Prior to this, Richter served as the head of the healthcare research group, where he made valuable contributions as a senior research analyst focusing on various sectors such as healthcare providers and distributors.
Before joining Bank of America in 1999, Richter spent 18 years at Morgan Stanley, where he served as the lead for the firm’s healthcare services equity research, providing comprehensive coverage across all healthcare service subsectors.
Richter earned his undergraduate degree from the College of William and Mary in 1979. He actively contributes to the Kelley School as a member of the Dean’s Council and remains involved in the Kelley Alumni Association’s Metropolitan New York chapter. Richter is also a distinguished member of the Indiana University Foundation’s Arbutus Society. His exceptional career has garnered numerous accolades, including being recognized as an “All-American Analyst” 17 times by the Institutional Investor’s Annual Survey and as an “All-Star Analyst” by the Wall Street Journal.