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
Woman Sues to Get in on Sisters’ $28M Inheritance After Discovering Family Tie on 23andMe
A Massachusetts woman gained two long-lost sisters through a DNA test — then tried to net a fortune when she sued them a month later.
Most People Know the Importance of a Will, But Less Than One-Third Actually Have One
Two surveys found the main reasons for not having one include procrastination and the belief that their assets aren't worth the effort.