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  1. Wealth
August 23, 2011

WBrief: Rock star turns wealth manager

By Spear's

Duff McKagan, the former bassist of rock legends Guns N’ Roses and Velvet Revolver, has set up his own wealth management firm with musicians as the target market, and it is set to open in October, The Sunday Times (London) reveals

Duff McKagan, the former bassist of rock legends Guns N’ Roses and Velvet Revolver, has set up his own wealth management firm with musicians as the target market, and it is set to open in October, The Sunday Times (London) reveals.

In an interview with the publication, McKagan said the decision to open a wealth management business came after an unfortunate health-related incident in 1994 which inspired him to study Guns N’ Roses’ financial books, and enroll in a basic finance course. He went on to enroll at Seattle University’s Albers School of Business and get involved in managing his own portfolio.

He says the financial know-how that sprung from his study eventually led to him being the go-to guy in the music industry for questions on money management and finance.

To read the full story, visit wealthbriefing.com

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