BriMo may have gotten the best of James Gorman & co. recently, snatching Morgan Stanley financial institutions banking co-chief Eric Bischof to co-lead its own global financial institutions group. But does Bank of America have the musical reincarnation of our nation’s first Treasury secretary slinging clichéd bromides about financial literacy on its stage?
No. No it does not.
When you are focused on doing what you love, it can be easy to brush aside the need to understand the monetary implications of upcoming milestones. However, regardless of who you are and what you are most passionate about, everyone should master the fundamentals in order to find and fulfill your own greater purpose….
In addition to familiarizing yourself with the basics, it is equally as important to know when to ask for help. Trusted, professional support can be invaluable when you’re navigating the complex decisions and tradeoffs associated with big life milestones.
I wonder where he might be able to find such people… Anyway, in addition to learning that Thomas Jefferson was a bad dude, that it’s best not to accept challenges to duels from sociopaths and that it is possible to run a Broadway ticket Ponzi scheme, Lin-Manuel learned not to scorn money in another way.
In writing about Alexander Hamilton, I had to learn a great deal about the birth of our financial system. He intuitively understood that if the states are tied together financially, we begin to transcend our colonial mindset and thinking of ourselves as one nation. I'd never thought of money as a unifying or stabilizing force prior to telling his story.
Lin-Manuel Miranda: The Power of Financial Knowledge [Morgan Stanley]
Bank of America Hires Top Banker Away From Morgan Stanley [DealBook]