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
Big Tech's Rising AI Investments Show Market Bubble 'Still Has A Good Ways To Go'
Big Tech firms’ increasing investments in artificial intelligence show that even if the stock market is in a bubble, equities still have room to run.
Embattled Fed Governor Lisa Cook Makes First Public Remarks Since Trump Said He Fired Her
Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday.