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
Wall Street Strategists See More Unease on Fed Independence
Wall Street strategists say investors becoming more concerned Trump seeks to impose his will on the central bank and pushes for interest-rate cuts.
South Dakota Trust: The Evolution of Purpose Trusts
The modern purpose trust is dynastic or long term in many states and can be established for almost any legal purpose. Purpose trusts can provide a great vehicle to protect assets near and dear to the family in perpetuity.