Alan P. Richman founded InnoVative Capital in 2000, and currently serves as its President and CEO. With more than 40 years’ experience in hospital finance, Municipal Advisory, real estate, commercial banking, public housing, international banking, and investment management, he has represented clients in more than forty-five states and territories as well as worldwide.

Previously, Alan was the Head of Municipal Bond Research at The Vanguard Group, and Vice President at T. Rowe Price Associates. Additionally, he held executive positions at two international banks, with achievements including co-founding the U.S. Public Finance and banking operations of the French government-owned commercial bank, Credit Local de France, and establishing the North America Public Finance Department for The Tokai Bank.

With diverse financing and managerial experience, coupled with topical healthcare and housing expertise, Alan has been instrumental in branding InnoVative Capital as a leader in rural hospital advisory and banking, as well as directing its expansion into public housing, senior living, and economic development.

As a frequent contributor on industry matters, Alan has authored articles, presented case studies, lectured at prestigious universities, and led industry educational forums. As an industry expert, he has testified at local, state, and federal hearings and debated public policies. Alan maintains industry memberships and affiliations related to hospital management, public housing, municipal finance, economic development, and local government administration, where he has served in various capacities. He has held numerous professional licenses, having passed the Series 6, 7, 50, 54 and 63 tests, and is an MSRB/SEC-Registered Municipal Advisor and Principal. Mr. Richman received his M.B.A. in public finance and a B.S. in economics from the State University of New York at Albany.