When Todd B. Richter joined Bank of America in 1999 as Managing Director of the Global Healthcare Investment Banking Group, he brought with him nearly two decades of equity research credibility from Morgan Stanley. More than 25 years later, that combination of research-grade analysis and deal execution has made him one of the most trusted names in healthcare capital markets. Richter's academic preparation — an economics degree from the College of William and Mary in 1979 and an MBA from Indiana University's Kelley School of Business in 1981 — gave him a structural advantage as the healthcare sector underwent rapid transformation through deregulation, managed care expansion, and early biotechnology commercialization. That foundation carried directly into his 18 years leading healthcare services equity research at Morgan Stanley, where he earned 17 "All-American Analyst" honors and the Wall Street Journal's "All-Star Analyst" recognition before shifti...