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
Vanguard Flips The Script On 60/40 Investment Strategy
Vanguard’s new advice is for investors with a "medium-term" outlook, and it stems from growing fears about an AI bubble.
Consumer Confidence Slides in December as Bad Vibes About the Economy Persist
The Conference Board’s consumer confidence reading hit 89.1 in December, declining for the fifth consecutive month.