Dimensional Fund Advisors Reviews | Glassdoor

Dimensional Fund Advisors Reviews

Updated October 26, 2017
120 reviews

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3.4
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Eduardo A. Repetto
71 Ratings

120 Employee Reviews

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Pros
Cons
  • Senior management relies on no transparency (in 8 reviews)

  • Silo mentality, small-company drawbacks, career path (in 5 reviews)

More Pros and Cons

  1. Helpful (2)

    "Senior Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Dimensional Fund Advisors full-time

    Pros

    - Culture of academic rigor
    - Focus on doing what's best for clients

    Cons

    - Growing so large that it can be difficult to know all your coworkers


  2. Helpful (1)

    "."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Good colleagues and good clients.

    Cons

    It's becoming a larger organization with half a management structure.

  3. "Strong growth opportunities"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Provides a great environment to grow your analytical, technical, and interpersonal skills. Projects have the potential to impact the entire department through meaningful process improvements.

    Cons

    Some of the daily tasks can seem repetitive, but the extra time you have can be spent enacting change in any area you find interesting.

    Advice to Management

    Survey various groups for projects that have had a large and tangible impact on the department, but which haven't necessarily been seen by upper management.


  4. Helpful (6)

    "FAS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Cheap lunches on site

    Cons

    Senior management relies on no transparency

    Disconnect between experience, performance, and compensation

    New regional directors paid 180K base / 120K bonus (more than a third have less experience than current regional directors and the job is the same)

    Some vice presidents make less than some regional directors

    New client service senior associates are paid 105-115K base / 40K signing bonus

    Company stock purchase plan has a zero discount policy and is more so a deferred compensation plan

    Advice to Management

    Management ratios lead to micro managers and confusion about how teams are inspired and rewarded

    Morale is low compared to years past given the recent successes of the company and no significant bonuses


  5. Helpful (2)

    "Associate at Dimensional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    - people are friendly
    - opportunities to learn
    - good work life balance

    Cons

    - while people are friendly to your face, they don't give you honest feedback and it's hard to develop as a young professional
    - very much only learn about their investment philosophy, not so transferable if you want to change firms

    Advice to Management

    - have a better HR procedure, stop worrying about image of the company so much, and spend more time investing in your employees


  6. "Associate - FAS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Austin, TX
    Former Employee - Associate in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Dimensional Fund Advisors full-time (Less than a year)

    Pros

    Great company - Well organized - Growing Fast - Beautiful workspace - Awesome and amazing people

    Cons

    Work load can be slow and upward mobility is kind of on a schedule/track

    Not for type A's

    Advice to Management

    Keep doing what your doing


  7. "Great people and work-life balance. Very traditional 8-5."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Austin, TX
    Current Employee - Senior Associate in Austin, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Dimensional Fund Advisors full-time (More than a year)

    Pros

    -really smart, enjoyable colleagues
    -intellectually challenging work
    -great perks and work environment
    -most roles are fairly compensated, especially considering that most people work only 40-ish hours per week
    -4% 401k match

    Cons

    -lack of diverse leadership.
    -very little-to-no flexibility with work hours/working from home.

    Many other large companies offer some sort of flexibility for employees that have good track records and a job that does not require constant access to on-site people and resources. DFA would do much better at retaining women with children if there was a case-by-case policy allowing for some flexibility, such as 1-3 work from home days per week or staggered scheduling. Retention and recruitment of women would also help with the lack of diverse leadership at the executive level.

    Advice to Management

    Initiate more 1-on-1 or small group conversations with Associates and Senior Associates to understand our perspectives.

  8. "Financial Advisor Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate
    Former Employee - Senior Associate
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Dimensional Fund Advisors full-time

    Pros

    - very friendly and supportive co-workers
    - great work-life balance
    - will come away with a great foundational understanding of investments
    - pays just well enough to keep you around

    Cons

    - slowly getting more bureaucratic


  9. Helpful (1)

    "Smart, fast growing company; boring job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Management Analyst
    Current Employee - Portfolio Management Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Dimensional Fund Advisors full-time (More than a year)

    Pros

    The talent pool at the at the firm is some of the deepest in the industry. Over half of the portfolio managers have extensive backgrounds in engineering. All of the PMs have MBAs from top 10 schools.

    Cons

    Due to Dimensional's philosophy about markets, the Portfolio Management job is much more oriented towards day to day operational tasks than at a typical active shop. It is much more akin to the environment at Vanguard.

    Advice to Management

    Faster promotions? It's difficult since the talent pool is so strong. Only the best of the best can rise up quickly.


  10. Helpful (2)

    "No room for free thought"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Austin, TX
    Former Employee - Anonymous Employee in Austin, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Dimensional Fund Advisors full-time (Less than a year)

    Pros

    Good pay for the area (Austin). Intelligent people. Good cafeteria. Great work/life balance in most departments.

    Work here if you want mundane relatively easy work. Not much thought or innovation going on, so it is easy to get complacent.

    Cons

    Poor leadership. Not a meritocracy. Very easy for people to put on a facade and pretend to help while prioritizing their own interests. Not quite as bad as wall street, but some people are trying.

    Hiring intelligent people to do menial tasks and then hiring externally rather than promoting from within -- not a good recipe for success.

    Advice to Management

    Be better leaders. No transparency from leadership and very poor middle management. Middle managers are mostly lost.


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