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
How Investors Should be Thinking as the Stock Market Nears a P/E Ratio of 30—A Number That Spelled Disaster Before the Dotcom Crash
Something doesn’t make sense about the current stock market boom. U.S. big caps keep soaring while the economic outlook keeps getting worse.
Boom in Bespoke ETFs Drives Growth of Niche ‘A-La-Carte’ Options
When Matt Kaufman needs to include options in Calamos Investments’ defined-outcome ETFs, he turns to a type of bespoke equity derivative.