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
The Market's Reaction To The Feds Interest Rate Cut Was Far From Enthusiastic
The Feds latest move to cut interest rates by 25 basis points was widely anticipated, but the market’s reaction was far from enthusiastic.
Morgan Stanley Rolls Out Redesigned 2026 Compensation Plan
Morgan Stanley is once again adjusting the structure of advisor pay, rolling out a redesigned 2026 compensation plan.