February 07, 2019
How Being a Rock and Roll Drummer Prepared Me to Be a Financial Planner
Share This Post
Back in the day, I was a professional drummer, playing with such music greats as Bette Midler, Manhattan Transfer, Barry Manilow, Mary of Peter, Paul & Mary, Chuck Berry, Todd Rundgren, Laura Brannigan, Richie Havens, and Felix Cavaliere and Gene Cornish of the Young Rascals. When I tell people that I believe this was great training for becoming a wealth manager, they look at me askance, at least until I elaborate. The truth is, being a professional musician taught me how to: Be a team player, be intuitive and sensitive, be a good listener, make people feel good, value the importance of continuing to learn and hone one’s craft, give my best each and every time, be open and candid, be ready to improvise, and finally, be fully focused
Most parents think that playing sports is one of the best ways for young people to learn teamwork. Another great way to learn how to work in groups is to play music in a band or an orchestra. The difference is that in competitive sports, the object is to win. In a band or orchestra, the goal is for the musicians to make great music together. A musician must be hyper-aware; to listen, to read body language and to develop a sensitivity radar for other members in the group. A musician must also often follow a conductor or a bandleader; there are no words, just body language to intuit what they want.
I remember playing with Bette Midler before a
When I recorded with Todd, sometimes he would tell me exactly what he wanted me to play. Often, however, I had to compose my drum part by listening to the lyrics and listening to what the guitar, bass
That attitude, “to make others feel good,” is the cornerstone of my business. Although a client’s financial well-being is the ultimate goal, the road to achieving that goal may be years in the making. Along the way, I want my clients to feel confident in their future and that their plan is on track.
When I say Rock and Roll drummer, many people think I lived some crazy lifestyle. What most folks don’t realize is that many musicians are essentially nerdy and that the life of a musician involves constant practice. As a student and professional musician, I spent more than 10 years practicing eight hours a day. I take the same approach with my wealth management business. I am constantly reading, studying, listening to experts and learning in order to continuously perfect my craft.
Being on stage in front of an audience, with nowhere to hide, taught me to be open, transparent and to give my best performance each and every time. Making a recording in the studio was the same thing. Everything was carefully scrutinized by the producer, the engineer, the artist
Most rock songs follow a pattern; intro, verse, chorus, bridge, verse, chorus, out. So, there often is a plan, but sometimes it changes on the fly. Perhaps the guitarist feels particularly inspired and plays a longer solo. I had a situation once with Todd
This experience taught me the importance of building extra flexibility into every plan. It is essential that a good plan
Lastly, playing music in a group trains one to be fully present and focused. When I meet with clients, I give them my 100 percent complete and undivided attention. There are no phone interruptions, no checking email, no associates interrupting, just my complete focus on clients and their needs.
Bottom line: My background as a professional musician has made me a better wealth manager.
This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. Investors should seek financial advice regarding the suitability of any investment strategy based on their objectives, financial situations, and individual needs. This article is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances.
Exit Planning content © copyright Pinnacle Solutions. All rights reserved. Beri™ and ODI™ are trademarks of Pinnacle Solutions.
Share This Post