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
From Stagflation Fears to Bull Market Optimism: What RIAs Should Know About the Market’s Sudden U-Turn
Over the past few months, the market narrative has flipped dramatically. Client conversations were centered on stagflation risk and trade uncertainty.
UBS Americas Wealth Management Sees Revenue Increase, But Experiences Outflow of Money and Loss of Advisors
UBS’s Americas wealth management division reported solid financial performance in Q2, with both revenue and profit rising year over year.