Rendel L. Solomon
Principal
Muller & Monroe Asset Management LLC
Chicago, IL
Age: 38
Rendel L. Solomon is a principal with Muller & Monroe Asset Management (M2), a Chicago-based private equity firm co-founded by his mentor, Andr? Rice. He joined the firm in 2008 and focuses on investor relations, client service, and serves on the investment team. In high school, a guidance counselor introduced him to Rice, who hired him as an assistant. ?I filed papers at his office; I shopped for his groceries; and I crashed his car once. He?s loaned me money, made referrals, offered advice and exposed me to business. He went from being a mentor, to a father figure, adviser, dear friend, and now my boss. I couldn?t ask for a better work opportunity,? Solomon reflects.
Solomon graduated from Tulane University with a Bachelor of Science degree in electrical engineering, after which he joined The Procter & Gamble Co. in Cincinnati, Ohio, as a project engineer. He moved to New York City, where he obtained an MBA, with honors, at Columbia Business School, and became a media and entertainment entrepreneur. A staunch advocate of financial literacy and youth education, in June 2016, Solomon established One Stock One Future, a nonprofit, to turn one million underserved youth into public company shareholders. ?I teach basic classes about stock, then my organization donates shares to each student to start their first investment portfolio,? he explains. His aim is to provide the exposure to business and ownership, much like the exposure that his own mentor-turned-boss afforded him as a teenager.
The Chicago Defender and the National Association of Investment Companies have recognized Solomon for his professional and civic accomplishments. These include service as the Economic Empowerment Committee chair for 100 Black Men of Chicago, and former president of the LINK Unlimited Scholars Associate Board. ?He also serves on the boards of the National Association of Securities Professionals and The Latin School of Chicago.
