Just like seafarers who spent centuries looking for a Northwest Passage from the Atlantic to the Pacific to save on shipping time and costs, investment advisory firms are seeking operational efficiencies.
In their new white paper titled Northwest Passage, Brooklyn Investment Group explores what they've coined ‘Operational Alpha’ - the reduction of effort required to run an advisory business, especially through the use of technology.
We believe that leveraging technology to do the things that computers often do better than human beings frees up advisor time to focus on adding value through relationship-building, trust and estate planning, and other services.
Check the white paper out here.
Explore Brooklyn Investment Group's other research here.
October 25, 2024
More Articles
Morgan Stanley’s Wilson Says Tech Rally Can Run Further On AI
US technology stocks have the scope to rally further as the buzz around artificial intelligence underpins a robust sales outlook, says Morgan Stanley.
Treasuries Fall As China Banks Asked To Limit Bond Holdings
Treasuries extended losses after Chinese regulators were said to have advised the financial institutions to rein in their holdings of US bonds.