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
Not A 'Bubble,' But Maybe An 'Air Pocket': Wall Street Says It's Time To Reset The AI Narrative
Two of Wall Street’s biggest firms say the AI boom is far from a speculative mania.
Pacer Financial Partners with Save® to Offer Market-Linked Cash Management with FDIC Protection
Pacer Financial’s exclusive partnership with Save introduces a cash management platform that links FDIC-insured savings accounts to ETF performance. The solution seeks to address three persistent challenges: generating returns in a declining-rate environment, maintaining daily liquidity, and creating compensation for advisors managing client cash. Sean O’Hara explains how the platform works, why the timing matters, and how advisors can use the accounts to uncover held-away assets.