Gladstone Securities' professionals have more than 50 years of collective private placement and investment banking advisory experience gained in major investment banking firms and financial institutions.

Jack Dellafiora

Managing Principal; Chief Compliance Officer

Mr. Dellafiora is CCO and Managing Principal of investment banking for Gladstone Securities; and CCO for all the Gladstone Companies, where he supervises regulatory compliance, financial and risk management, internal audit, and ethics initiatives.  Prior to Gladstone, he held management roles in regulatory compliance, financial and operational risk management, financial reporting, and enterprise data management with Fannie Mae. Prior to that he lead attestation engagements for BDO Seidman where he worked on a diverse set of client industries. Mr. Dellafiora is a CPA in the Commonwealth of Virginia with a BBA in Accountancy from the University of Notre Dame and a MBA from the University of Maryland's Smith School of Business. Licenses: Series 7, 24 and 63.

John Kent

Managing Principal

Mr. Kent is the Managing Principal of Private Equity, Public Offerings/Public Underwritings and Private Securities Offerings for Gladstone Securities and a Managing Director focused on fundraising for Gladstone Management. Mr. Kent spent more than 17 years as an investment banker with experience in capital markets advisory and public and private capital raising for companies. Prior to joining Gladstone, Mr. Kent was a Managing Director in Equity Capital Markets at Macquarie Capital in New York, where he focused on equity originiation across multiple sectors. Prior to Macquarie, he co-led the Equity Capital Markets Group at Nomuira Securities. Mr. Kent started his career at UBS, where he worked in both private placements and public equity capital markets during his 11 years with the investment bank. Licenses: Series 7, 24 and 63.

Michael LiCalsi

Managing Principal; Chief Legal Officer; Secretary

Mr. LiCalsi is Chief Legal Officer and Secretary for Gladstone Securities and the General Counsel and Secretary for the Gladstone Companies, as well as President of Gladstone Administration, LLC. Before joining Gladstone, he served as an associate attorney in the Washington, D.C. office of Baker Botts L.L.P., a multinational law firm. From 1996 to 2004, he held various positions at TD Waterhouse Investor Services, Inc. (currently TD Ameritrade, Inc.), including those of regional and national vice president. Mr. LiCalsi is currently a member of the Virginia State Bar and District of Columbia Bar. Prior to his tenure in the financial services industry, Mr. LiCalsi graduated from Rutgers College with a BA in history.  Mr. LiCalsi also holds a JD from the George Mason University School of Law. Licenses: Series 7, 24, 63 and 79.

Jay Beckhorn

Vice President

Mr. Beckhorn is a Vice President of Gladstone Securities and Managing Director, Finance & Assistant Treasurer of Gladstone Administration.  He also serves as Treasurer of Gladstone Commercial and Gladstone Land and Assistant Treasurer of Gladstone Capital and Gladstone Investment.  He has 26 years of real estate finance experience and extensive experience structuring and financing joint ventures with private equity groups and public companies.  His primary focus is debt finance for Gladstone Commercial Corporation and he assists the other Gladstone Companies on debt matters.  Prior to joining Gladstone, he was a Regional Director with Heavenrich & Co., an M&A group serving the seniors housing industry.  Previously, he served as a Senior Vice President with Sunrise Senior Living securing debt financing for the company’s development, acquisition, and joint venture activities.  Additionally, he worked for the Riggs Bank in a variety of real estate related capacities, and Kettler, a D.C. area real estate developer.  Jay earned an MBA from Duke University’s Fuqua School of Business and a BA from Colgate University.  Licenses:  Series 7 and 63.