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
Fed's Powell: Stock Market Is Helping Support Consumer Spending Now
Fed Chair Jerome Powell acknowledged that the soaring stock market is helping support consumer spending — and the overall economy — right now.
US, China Declare Truce As Trump Says He Had 'Amazing Meeting' With Xi
President Trump and Chinese leader Xi Jinping finished a keenly watched 90-minute meeting to formalize a trade and tariff truce after months of chaos.