Andrew Flath Completes Bancroft Capital’s Veteran Training Program, Joins Municipal Team
Posted: January 28, 2025
Bancroft Capital, a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), specializing in Institutional Brokerage and Capital Markets services, proudly announces that Andrew Flath has graduated from the Veteran Training Program (VTP), and has received a full-time position at the firm as Associate, Municipals.
“Receiving a permanent role at Bancroft Capital is both an honor and a privilege,” said Flath. “I am immensely grateful for the opportunity to contribute to such a distinguished team while continuing to learn and grow. The firm’s mission of service deeply resonates with my own values, and I look forward to contributing with the highest level of dedication.
Flath, who has spent the last six months working closely with Alix Cethoute, Bancroft’s Director of Competitive Underwriting, will remain on the competitive underwriting desk and serve as the primary competitive syndicate and operations lead.
“Andrew has developed a great working relationship with Alix, and I’m excited to see that partnership continue to flourish,” said Kate Balta, Managing Director of Municipals. “This move also further demonstrates our commitment to the municipal space and allows us to continue adding value to issuers with competitive bids.”
Flath’s professional journey demonstrates a dedication to growth and collaboration. As a U.S. Air Force veteran, he developed strategic thinking, a team-oriented mindset, and a results-driven approach—qualities that have shaped his over 13 years of experience across multiple industries. These attributes, combined with his passion for building lasting relationships, position him uniquely for success in the competitive field of municipal bond underwriting.
“Since day one, Andrew has demonstrated a strong work ethic and desire to learn and grow,” said CEO Cauldon Quinn. “His professional and person goals align closely with those of Bancroft, so we are proud to have another VTP graduate achieve a full-time role with our firm.”
Launched in 2019 and fully funded by Bancroft Capital, the VTP puts disabled veterans and first responders in a position to develop a skill set capable of supporting a new career as Institutional Traders and Investment Bankers. Bancroft aims to offer paid opportunities to new VTP candidates each year. Candidate training includes a rotation among the five business units Bancroft operates and an introduction to back office and operations functions, sales trading, and compliance while participating in the VTP. Through their own hard work and diligence, each candidate rewrites their futures as they develop skill sets that last through not one job, but for the life of a career.
Bancroft holds certifications and affiliations which illustrate its national significance in the veteran, higher education and business sectors, including: Service-Disabled Veteran-Owned Small Business (SDVOSB); Elite SDVOB Network, Veterans in Business Networking for Success (VIB Network), National Veteran Business Development Council, (NVBDC); Disability: IN; NaVOBA Service- Disabled Veteran’s Business Enterprise; Goldman Sachs 10,000 Small Businesses; Merck Drexel Advanced Leadership Program for Diverse Suppliers; Villanova University; and DeSales University.
For more information about Bancroft Capital and the VTP, visit bancroft4vets.com or call 484-546-8000.