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
Americans Have Plenty Of Excuses For Not Investing. None Of Them Stand Up To This Simple Piece Of Advice From Warren Buffett.
More than one-third of Americans do not own stocks, and a new BlackRock survey reveals holdouts cite a lot of reasons for not being in the market.
Peter Thiel's Fund Offloaded Nvidia Stake In Third Quarter, Filing Shows
Tech billionaire Peter Thiel's hedge fund has sold off its entire stake in Nvidia during the third quarter.