Team Bios

Michael (Mike) Ivcic serves as the Director of Municipals and a Plankowner at Bancroft Capital where he is responsible for spearheading Bancroft Capital’s entry into the new issue municipal market. He comes to Bancroft from Drexel Hamilton after five years in the municipal finance and syndicate department, including the last four as the Head of […]

Harry G. Smith, Director of Fixed Income at Bancroft Capital, has more than 34 years of fixed income trading experience. Harry started his trading career at Kidder, Peabody and Co. in January 1987. In February of 1990, a then start up Agency Trading opportunity became available at Deutsche Bank, where he spent 22 years building out […]

Jesse Jefferson, Senior Vice President at Bancroft Capital, has over 30 years of experience in institutional fixed-income sales. Prior to joining Bancroft, Jesse worked at bulge bracket and regional firms including Dean Witter Reynolds, Paine Webber, Lehman Brothers, Stephens Inc. and Drexel Hamilton. Jesse has comprehensive knowledge in the structure and sale of GSE debt including callables, […]

Michael Spatacco serves as Senior Vice President and a Plankowner at Bancroft Capital. Michael has spent nearly 40 years in the finance industry as both a salesperson and a trader. Previously a Managing Director with both Boenning & Scattergood and CFG Capital Markets, he was responsible for the foundation and management of the Ardmore office at both firms. He joined with Cal Quinn in 2017 as a partner in Bancroft Capital and brings to the firm established relationships across multiple fixed income products.

Colleen Lindh serves as the Chief Compliance Officer and Plankowner at Bancroft Capital and brings over 20 years of industry experience to the firm. She started her career at N.D. Meyer & Co. a boutique municipal bond broker-dealer located in Philadelphia. In her 18 years there, she advanced from office clerk to Vice President of […]

Michael J. Spatacco serves Bancroft Capital as a Plankowner and Director of Cash Management. With more than 10 years of industry experience, he was previously responsible for the creation and management of the Retirement Plan Consulting Division at CFG Capital Markets. Read on to learn what inspired Michael to pursue finance and why he’s proud to […]

Kate Baltra serves Bancroft Capital as a Plankowner and Vice President with more than 14 years of industry experience. She offers expertise in trading, execution, portfolio analysis, operational and administrative functions. Read on to learn why working at Bancroft Capital inspires her and why the firm’s Veteran Initiative is a cause close to her heart. […]

James “Jimmy” Nolen joined Bancroft Capital in September of 2018.  He brings with him close to 25 years of equity trading experience. A former President of the Institutional Traders Association of Philadelphia (ITAP), Jimmy spent the first 19 years of his career at Janney Montgomery Scott before moving on to Drexel Hamilton in 2013 to help […]

Ray Hally is the Director of Equity at Bancroft Capital. He brings over 25 years of experience in the equity securities arena. Before joining Bancroft, Ray spent 8 years as Director of Equity at Drexel Hamilton, where he oversaw all equity trading. He was the firm’s fourth employee and worked in tandem with Cauldon Quinn […]