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
Fear Of SVB-Style Turmoil Puts Regional Preferred Stock In Focus
Trouble at Zions Bancorp and Western Alliance Bancorp have put US regional banks’ preferred shares in the spotlight on concern of a selloff.
Waller Calls For October Cut And Then Caution As He Competes For Fed Chair Post
Fed governor Chris Waller said he is in favor of trimming interest rates by another quarter percentage point at the end of this month.