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 Viced Chair Jefferson Says US job Market Weakening, Could Face Stress
U.S. Federal Reserve Vice Chair Philip Jefferson said on Monday he expects U.S. economic growth to continue with the job market facing stress.
Citigroup Forecasts Big Tech's AI Spending To Cross $2.8 trillion By 2029
Citigroup has raised its forecast for AI-related infrastructure spending by tech giants to surpass $2.8 trillion through 2029.