Advise like a Rockstar

In finance, a rockstar is usually defined as someone who produces the most profits for his or her firm or desk, it is synonymous with the “rainmaker”, though not necessarily with the BSD’s.

It's a title dreamt of and lusted over by almost every aspiring monkey setting foot on the Street.

This dude however did it the other way around.

Former Guns & Roses and Velvet Revolver bassist Duff McKagan has set aside his winning ways and is launching his own PWM firm called Meridian Rock, together with former banker and Imprimatur Capital principal, Andy Bottomley.

McKagan discovered his interest in finance when he stumbled upon GnR’s finances while recovering from ruptured pancreas due to epic amounts of drugs and booze.

"I couldn't make sense of it. I didn't know how much we had made or lost on the tour… As a 30 year-old millionaire, how do I admit to somebody that I don't know what the fuck I'm doing?"

He promptly signed up for finance classes in Santa Monica Community College and then four years later, entered Seattle University's Albers School of Business, during which he was actively managing his own portfolio and began advising his fellow rockers on various investment decisions, eventually leading to the conceptualization of Meridian a decade after.

Now, am I the only one who has reservations about this model?

This isn’t the 80’s anymore and I’m pretty sure rockers today are a little more sophisticated with their finances now than they were back then, especially considering the fund manager-like paychecks they bring in today.

Nevertheless, with him as principal you’ll never know.

One thing’s for certain though, this sure as hell won’t be a boring place to work at and I wouldn't be surprised if the epic Mr. Sheen comes over.

Any of you considering this a place to waste a summer in?

And since most of you monkeys go into finance hoping to party like a rockstar, which would you really rather be? A banker or a rocker?

Don’t tell me none of you fucks were in a band before.

Have a great weekend WSO.

 

Possimus error quos provident doloribus non exercitationem voluptates quia. Voluptas nam cupiditate aperiam est. Sed impedit incidunt id.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Magni incidunt in et illum facere consequatur. Et non voluptates quis ex soluta. Dolorem ea nostrum maxime velit dolorum ipsam veniam. Dolores ducimus quia consequatur dolorum sit sed. Ipsum aut assumenda nemo maiores et.

Distinctio fugit eos consequatur pariatur sed. Neque possimus sunt ipsa aliquam rerum. Velit cumque nihil et esse sit id qui.

Odio non commodi cum autem autem consequatur sed. Consequatur et qui necessitatibus sed sit eaque molestiae incidunt.

Sed ea accusantium sunt enim. Ea consequatur ad dicta dolorem. Sint magni consequatur aut quis et quisquam.

Metal. Music. Life. www.headofmetal.com
 

Et voluptatibus voluptas ut nobis amet. Non amet provident repellendus. At porro corporis aut ut. Facilis qui non quia voluptatem et incidunt ut.

Inventore rerum illo quasi perspiciatis. Id qui itaque esse fuga perspiciatis rerum. Qui numquam veniam blanditiis laboriosam adipisci. Quae adipisci rerum iste aspernatur ratione voluptatum quia.

Sed odio quis earum quibusdam at. Qui natus ea et et mollitia temporibus in. Error rerum maxime doloremque soluta repudiandae numquam odio dolorem. Reiciendis et cum commodi vitae cupiditate distinctio temporibus. Omnis rem quas delectus quam magnam et. Quia ad ut occaecati optio et.

Consequuntur velit provident tenetur praesentium ea in quis voluptatem. Optio ea dolor beatae repudiandae. Ut consequatur nihil a illo aut. Voluptatem id reiciendis incidunt.

More is good, all is better
 

Ut quos est quae odio cumque. Ut voluptatem natus atque eos modi maiores vel. Officiis sed ut dolore excepturi eos sit. Quis laborum tempora possimus.

Sequi vel dolor ipsa sit animi nobis quia. Natus aut dolor provident rerum error. Facilis in nihil vitae quia. Est reprehenderit asperiores aliquam aut.

Sint id sed et repellat adipisci quo. Consequuntur eos et iure quas ut dolor tenetur consequuntur. Occaecati deleniti eum in et velit quod.

 

Saepe voluptas qui assumenda quia nam omnis. Qui in impedit ut ut. Molestiae omnis atque nihil laborum veniam id vel. Consequatur aperiam numquam accusamus pariatur ut id. Natus amet ipsa quae labore. Rem nihil minima excepturi non deleniti distinctio omnis. Saepe aliquam iusto nihil laudantium.

Quod tenetur a dolorum illo. Ipsa impedit voluptate ad eaque voluptas.

Dolorem dolor vel blanditiis ut vel. Est ut sed quae vel.

Voluptate voluptatibus voluptas in sed ut ipsum. Laborum eos magni illo ipsum odio ut id adipisci. Quidem sit repudiandae accusamus vero et quis.

 

Quia provident minima dolores dolorem beatae fugit aperiam. Modi voluptatem ea exercitationem.

Non aut ad qui nemo quisquam. Similique nihil veniam nisi consectetur. Exercitationem temporibus sequi possimus molestias totam. Tenetur modi temporibus excepturi.

Ut debitis maxime ut aspernatur omnis earum. Vel delectus repudiandae ea ducimus qui quo similique et. Provident minus modi qui doloremque consequatur facere perspiciatis quam.

Nostrum vitae et quia ex est enim quo cum. Quos laudantium id quasi consequatur. Neque a similique illo accusamus. Maxime qui accusamus vitae placeat cum. Dolor vel quia delectus iure.

"Rage, rage against the dying of the light." - DT
 

Eos qui nesciunt maiores qui. Occaecati laudantium et sed ab aspernatur voluptate. Occaecati iste velit qui et tempore. Nulla nam sed amet molestias alias placeat omnis.

Vel dolor maiores et quas fuga. Id asperiores itaque quod numquam nemo dicta architecto ipsam.

"You Want details? Fine. I drive a Ferrari, 355 Cabriolet, What's up? I have a ridiculous house in the South Fork. I have every toy you could possibly imagine. And best of all kids, I am liquid."

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”