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 Sees 'No Risk-Free Path' For Interest Rates After Central Bank's Cut Last Week
Fed Chair Jerome Powell said there is "no risk-free path" for the central bank's next policy move as inflation remains elevated and the jobs weaken.
William Goetzmann Understands The Toll Of Sharp Equity Market Declines
For most seasoned investors and advisors, the memory of past market crashes isn’t an abstract academic lesson — it’s lived experience.