Todd Richter’s $5 Million Commitment to Kelley School: A Legacy of Support and Excellence

Todd Richter, a celebrated Wall Street healthcare analyst and MBA graduate of 1981, has recently pledged an impressive estate gift to the Kelley School. This generous contribution, surpassing $5 million, will establish the Todd Richter Fund, which is designed to support five key endowments within the school.

The allocation of the Richter Fund is meticulously planned. It will endow two professorships for experienced faculty specializing in securities analysis. In addition, it will provide graduate fellowships for Kelley students with a strong interest in finance or securities analysis. The fund will also support both the Graduate Finance Department and the Dean’s Office. Any remaining funds from the bequest will be equally divided among these four categories.

Daniel C. Smith, Dean of the Kelley School, has praised Todd Richter for his remarkable generosity and dedication. Smith acknowledges Richter for embodying the core values of the Kelley School through his ongoing support. Richter’s contributions extend beyond financial aid to include mentoring students, collaborating with professors on research, serving on the Reese Fund board, and judging case competitions. Smith is confident that the Richter Fund will inspire future generations within the Kelley community, reflecting Richter’s unwavering commitment to the School.

In his professional life, Richter serves as the Managing Director of the global healthcare investment banking group at Bank of America. He oversees the group’s financial sponsor coverage initiative and directs major transactions driven by strategic and financial trends. Previously, Richter led the firm’s healthcare research group and was a senior research analyst in health insurance/managed care, specialty health benefits, and healthcare providers and distributors.

Richter’s deep-rooted experience in the healthcare industry began at Morgan Stanley, where he spent 18 years leading the healthcare services equity research effort and covering all healthcare service subsectors.

Richter graduated from the College of William and Mary in 1979 and remains actively involved with the Kelley School. He is a member of the Kelley School Dean’s Council and the Kelley Alumni Association’s Metropolitan New York chapter. Additionally, he is part of the Arbutus Society of the Indiana University Foundation. Throughout his distinguished career, Richter has received numerous accolades, including being named an “All-American Analyst” 17 times in the Institutional Investor’s Annual Survey and an “All-Star Analyst” by the Wall Street Journal.