Renowned Wall Street analyst and Kelley School MBA alum, Todd Richter, has made a substantial estate commitment to his alma mater. Valued at over $5 million, this generous contribution has led to the establishment of the Todd Richter Fund, which aims to shape the future of the Kelley School through strategic initiatives.
The fund has been strategically allocated to support five key endowments within the school. It includes provisions for two professorships, intended for seasoned faculty members specializing in securities analysis. Additionally, the fund will offer graduate fellowships to exceptional Kelley students who exhibit a strong interest in finance and securities analysis. It will also provide crucial support to the Graduate Finance Department and the Dean’s Office. Any remaining funds from the bequest will be equitably distributed among these four categories.
Dean Daniel C. Smith of the Kelley School expresses deep gratitude for Todd Richter’s extraordinary generosity. Smith highlights that Richter’s contributions go beyond financial support, as he actively engages with students, mentors them, collaborates with professors on research, serves on the Reese Fund board, and participates as a judge in case competitions. The Dean firmly believes that the Richter Fund will embody Richter’s values and inspire future generations within the Kelley community.
Currently serving as the Managing Director of the global healthcare investment banking group at Bank of America, Richter leads the group’s efforts in financial sponsor coverage. He is responsible for driving strategic transactions based on significant trends in finance and healthcare. Prior to this role, Richter held a senior position in the healthcare research group at Bank of America, where he focused on analyzing various healthcare sectors.
Richter’s illustrious career includes 18 years at Morgan Stanley, where he played a crucial role in directing the firm’s healthcare services equity research and covering all subsectors within the healthcare services field.
Having graduated from the College of William and Mary in 1979, Richter remains actively involved in the Kelley School community. He serves on the Kelley School Dean’s Council and is an engaged member of the Kelley Alumni Association’s Metropolitan New York chapter. Richter is also a distinguished member of the Indiana University Foundation’s Arbutus Society. Throughout his career, he has received numerous accolades, including being named an “All-American Analyst” 17 times by the Institutional Investor’s Annual Survey and recognized as an “All-Star Analyst” by the Wall Street Journal.