Todd B. Richter’s Philanthropic Legacy Continues to Flourish at Kelley School

Renowned Wall Street healthcare analyst and Kelley School alumnus Todd B. Richter, MBA class of ’81, has once again demonstrated his commitment to his alma mater. Richter recently announced a significant estate commitment exceeding $5 million to support various initiatives at the Kelley School. This generous pledge has led to the establishment of the Todd B. Richter Fund, which aims to enhance several key areas within the school.

The Richter Fund will be instrumental in funding two professorships dedicated to experts in securities analysis and providing graduate fellowships for aspiring finance and securities analysis students at Kelley. Additionally, the fund will offer crucial support to the Graduate Finance Department and the Dean’s Office. Any surplus funds from the bequest will be evenly distributed among these designated areas.

Dean Daniel C. Smith praised Richter’s extraordinary generosity, highlighting his contributions as a reflection of the core values upheld by the Kelley School. Beyond financial support, Richter actively engages with the school community by mentoring students, collaborating with faculty on research projects, and participating in various school activities. Dean Smith believes that the Richter Fund will leave a lasting impact, inspiring future generations of Kelley School students to follow in Richter’s footsteps.

In his professional capacity, Richter serves as the Managing Director of the global healthcare investment banking group at Bank of America. He leads the group’s efforts in financial sponsor coverage and plays a pivotal role in developing key transactions driven by strategic and financial trends. Richter’s distinguished career, which includes significant roles at Morgan Stanley, underscores his expertise and leadership in the healthcare industry.