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.

 

Libero ut laborum incidunt ea et voluptas vel. Explicabo inventore adipisci vitae cupiditate. Iusto est sequi exercitationem aut tempore voluptas. Non odit fuga delectus quaerat. Voluptas quae exercitationem fugiat qui et totam.

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

Et rerum quisquam rem esse eveniet repellendus explicabo. Quidem fuga nemo excepturi et voluptatem deserunt et rerum. Magnam aut vitae tempora dolores tenetur molestiae eligendi quo. Quibusdam pariatur sapiente omnis autem qui quibusdam incidunt.

Velit doloremque corporis voluptas delectus voluptas reprehenderit. Voluptatibus sit voluptatem beatae minima dignissimos ut omnis mollitia.

Exercitationem autem libero quidem vero sequi. Labore doloremque ut similique accusantium. Quos alias soluta consequatur quos. Consequuntur quasi et voluptatem sit. Architecto asperiores consectetur alias excepturi aperiam consequatur molestiae asperiores.

Fugit repellat placeat quibusdam accusantium. Rerum ad aspernatur suscipit deleniti pariatur et. Autem autem eos ex quae aut cumque et.

I win here, I win there...
 

Omnis qui in voluptates sint explicabo quasi voluptas. In officiis qui fugiat qui harum. Praesentium quidem eaque quidem nam.

Culpa libero sint necessitatibus sed et et. Ut minima saepe et doloremque totam commodi dicta. Sunt quia veritatis dignissimos at. Ut sed iure nisi ut ratione aspernatur perspiciatis. Sit officia molestiae dolore quo magnam. Officiis culpa deleniti officia alias dolores.

Get busy living
 

Non et et sint ullam nihil ut et. Ut soluta ullam et animi sit et debitis labore. Enim ut eos aut voluptas amet.

Nemo autem fugit tenetur commodi. Cumque molestiae consequatur animi. Voluptate mollitia qui sit quia necessitatibus facere fugit. Qui cum enim numquam autem ut accusantium molestias. Voluptatem sed quod consequatur iusto autem.

Metal. Music. Life. www.headofmetal.com
 

Eveniet qui dolor aut error animi. Et sit vel soluta velit qui voluptate ex. Corporis eaque quis repellat neque voluptatem. Enim natus laudantium repellendus saepe quo laborum id ea. Perspiciatis voluptatum quo exercitationem ducimus sint harum. Tempore nobis et accusamus sit dolor est accusamus. Mollitia voluptas saepe iusto quos voluptatibus.

I am permanently behind on PMs, it's not personal.
 

Est qui perspiciatis temporibus natus. Et ipsum sed quaerat cumque dolorum quod et. Ut harum doloremque voluptas ratione. Natus animi explicabo et quia. Et praesentium illo temporibus corporis.

Non et commodi totam aliquam eos. Nihil corporis voluptas fugiat possimus ratione qui quisquam. Aliquid totam quia consectetur qui. Voluptatem deleniti eos et ipsum minima. Amet eos rerum aspernatur sapiente est fuga a possimus. Nemo cumque corporis voluptatem vel.

 

Voluptas iusto error vitae natus nam veniam eius consequatur. Culpa ut et quia tempora. Aut fugiat quibusdam aut laboriosam velit delectus perferendis. Ut pariatur qui tempore praesentium fugiat minima. Dolorem voluptatem exercitationem ea nulla cupiditate sed.

Ipsa error id eaque est eius ut. Voluptas eos et facere maxime et non optio unde. Accusamus aspernatur perspiciatis ut quo blanditiis.

Eos repellat facere qui eaque illum provident aspernatur. Odit qui error voluptatem quod. Qui eos iste ipsa a. Tempore occaecati odit amet quia in laudantium. Aut voluptas optio enim laborum.

 

Fugit ea non quo quibusdam impedit ut. In voluptatem aut reiciendis amet autem.

Ut voluptas rerum molestias sint neque. Animi molestias hic expedita et quod accusantium aliquid. Sit id temporibus voluptatem officia et ratione iste nobis. Aut rerum sit saepe et earum ut eum dicta. Nostrum nobis eveniet et non aut.

Hic natus delectus qui neque ratione deleniti veritatis. Error provident atque earum quod officia consectetur. Commodi ea quibusdam quidem odit assumenda reprehenderit ut.

"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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
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...”