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
Active Managers Face Mounting Difficulty Generating Alpha
Passive strategies continue to dominate, as new data from Morningstar underscores the mounting difficulty active managers face in generating alpha.
Trump Opens the Door for Private Equity and Crypto as 401(k) Retirement Plan Options
Millions of Americans saving for retirement in 401(k) accounts could put money in higher-risk private equity and crypto investments.