VBE Spotlight on: Bancroft Capital

Bancroft Capital

Bancroft Capital was founded in 2017 by Cauldon Quinn.

Photo of Caldon Quinn

Locations/Headquarters: Fort Washington, PA; Los Angeles, CA; San Mateo, CA; Dallas, TX; Chicago, IL; New York, NY


Business Accolades:  Graduate of Goldman Sachs 10k Program, CPUC Certification, NaVOBA Certified, Philadelphia 100 Forum 2021 Winner, Inc. Regionals Northeast 2022

Bancroft Capital is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in Institutional Brokerage and Capital Markets services. Bancroft is founded upon a commitment to service – service to their clients, service to the country, service to our veterans and first responders who have sacrificed on our behalf.

Learn more about Bancroft Capital at: https://www.bancroft4vets.com/


About the Business - Serving Clients, Country & Veterans

What services do you provide?


"Institutional Brokerage & Investment Banking."


Who are your primary customers?


"We have a number of different types of customers, but primarily on the corporate side we work with corporate treasurers of public companies, and on the institutional side we speak with investors; Public Money Funds; state, local, and federal agencies; both buy and sell side firms."


When and how did you start your business?


"'2017, founded business."


Business Growth Challenges - Growing Through Challenge and Change

What were some of the challenges in starting your business?


"Capital, talent, regulatory requirements and customers."


What is the key to the success of your business?


"People, talented professionals willing to build a firm whose ethos is to use its prosperity to provide hope/restoration to disabled veterans - 'do good while doing well.'"


What lessons learned can you share with people to make their business succeed?


"Character is not "a thing" it is "the thing". You may find talent but ultimately the long-term success of your business will be determined by the quality of the character of the professionals you employ."


What pitfalls should they avoid?


"Hire slowly, fire quickly. Take time with hiring to ensure that you have found a good fit for your culture and your firm. When you have a problem (individual) that can not be addressed, remove that problem."


What other information about you and your business would you like to share with the NaVOBA community?


"My business is a result of an Alive Day on January 2nd 2002 when twelve others died and I lived. I realized that God had spared my life that I would serve his will, a cause greater than myself, with the life he had blessed me. Bancroft is the manifestation of that truth in the form of a non-profit initiative (train & employ disabled veterans) funded by the prosperity of a successful for-profit and content driven business."



Service information

Branch:


Navy


Service Years:


1997-2002


Highest Rank Attained:


O-3


Why did you join the military?


"Serve my country like my father before me."


Military Occupation:


"Supply Corps Officer"


Significant Achievements/Experiences:


"I volunteered for and served with TF58 and the first wave of forces into Afghanistan 2001-2002."


Biography/Fun Facts


"Bancroft Capital is named after Matt Bancroft, the aircraft commander who died on January 9th, 2002."

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