Sculptor records note with it (7)
I believe the answer is:
epstein
'sculptor' is the definition.
(Jacob Epstein)
'records note with it' is the wordplay.
'records' becomes 'eps' (EP is a type of record).
'note' becomes 'te' (musical note).
'with it' becomes 'in' (both can mean trendy).
'eps'+'te'+'in'='EPSTEIN'
(Other definitions for epstein that I've seen before include "American-born British sculptor, d. 1959" , "Sir Jacob ..., sculptor noted for his statues of the famous" , "British sculptor, d. 1959 - Beatles manager, d. 1967" , "A rock band manager" , "pop group's manager" .)