Meet James Gorman, C.E.O. and Music Agent

On Wall Street, it’s not uncommon for children to follow their parents into finance. However, Caroline Gorman, the daughter of Morgan Stanley’s chief executive, James Gorman, appears headed down a much different path.

Mr. Gorman sent an e-mail on Wednesday promoting the music career of his daughter, whose band, Madness and the Film, released an EP, four songs on iTunes, over the weekend.

“She recorded the music with a British musician over the past six months,” Mr. Gorman wrote in the e-mail. “They co-wrote lyrics, music and play and sing the songs. He is lead vocals and she sings back-up and plays numerous instruments.”

In an interview, Mr. Gorman said Caroline, 17, has always had a passion for music and plays piano in her school’s orchestra. When she was 15, Ms. Gorman was playing in bars and had booked studio space in Chelsea. She spent every Friday night for months recording her first CD.

“She plays everything,” he said. Last year, while in upstate New York, Ms. Gorman met David Breeze, a British musician, and the two of them joined together to form Madness and the Film. The songs released on iTunes have a melodic, indie pop rock feel to them.

Ms. Gorman isn’t the only child of a Morgan Stanley chief with a passion for the arts. The son of John Mack, who ran Morgan Stanley before Mr. Gorman, is a photographer (also named John), and some of his work is on display at Morgan Stanley.

Caroline Gorman and David Breeze of the band Madness and the Film. Caroline Gorman and David Breeze of the band Madness and the Film.