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
There Are Little 'Bubbles' Everywhere — But They Haven't Broken The Stock Market
Call it a market of micro-manias.
‘VOO and Chill’ Approach — Investors Look Beyond
For a decade “VOO and chill” mindset has been staple of portfolio construction — buy an S&P 500 ETF, stay the course, and let compounding do its work.