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
Cetera Financial Group Lands Major Win in On-going Reshuffle
Cetera Financial Group has landed a major win in the ongoing reshuffling among independent broker-dealers.
Proposed Merger Raising Questions for Ameriprise Financial
Fifth Third Bancorp’s plan to merge with Comerica Bank is reshaping wealth management landscape, raising pressing questions for Ameriprise Financial.