Alix Jean “AJ” Cethoute

Alix Jean Cethoute II joined Bancroft Capital in 2025 on the firm’s municipal underwriting desk. Cethoute, who goes by AJ, is based in Dallas and works with the underwriting and sales team in support of the competitive bidding.

Cethoute comes to Bancroft from Fidelity, where he spent the last three years on the client service team. He had been with Fidelity in a variety of roles, both operational and client-facing, since 2017, and already achieved his SIE and Series 7, 9, 10, and 63 licenses from FINRA.

Aside from his retail-oriented roles, Cethoute is familiar with the municipal bond market. He had a summer internship in the municipal department at SAMCO during school, where his father, Alix, spent 11 years as an underwriter. The elder Cethoute has been Bancroft’s lead competitive underwriter since the firm entered the space in 2022.

AJ graduated with a BAAS in Business Administration and Organization Supervision from the University of North Texas.