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Some financial advisers calculate tax impacts for their clients before transactions, because this information is essential in assessing the cost of a trade. If you want to bring a more data-driven approach to your work as a financial adviser, consider implementing some of these tools and processes. (Related read: 4 ways automation is changing the way RIAs invest) 1. Create your own in-house data team. Last year, our engineering leadership approached me with a proposal to form an in-house data team. For a growing company, that's a lot of resources to go into one standalone team. But they convinced me that it would create the tightest possible feedback loop between what we could do for our customers and our technology. Traditionally, business intelligence tooling has been something that comes at a great upfront cost to
