Dimensional Fund Advisors Reviews | Glassdoor

Dimensional Fund Advisors Reviews

Updated July 20, 2018
134 reviews

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3.4
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Eduardo A. Repetto
78 Ratings

134 Employee Reviews

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Pros
  • "Great people, food, work-life balance" (in 17 reviews)

  • "Great benefits, awesome people, great work/life balance" (in 11 reviews)

Cons
  • "Senior management relies on no transparency" (in 9 reviews)

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

More Pros and Cons

  1. "Good Work Place"

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

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

    Pros

    Positive Culture, Smart Co-workers, Lifestyle Firm, Lots of Growth

    Cons

    Everyone seems to tell you you're always doing a good job. Give more critical feedback.


  2. Helpful (2)

    "Caution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - APM
    Current Employee - APM
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Austin office is nice, cafeteria is good, and many cool people to develop friendships with. Pay is not bad for the hours (base is similar to banking).

    Cons

    Work is extremely boring. Can’t speak for other departments (although I’m sure it’s the same), but PM is the same boring crap every day. Starting out of college, your position title is Analyst, but you don’t “analyze” anything. Most of the tasks you have on an everyday basis can be completed without any critical thinking ability, and honestly should be done by robots. As time passes by, DFA is losing their competitive advantage. People are better off investing with Vanguard.

    They brainwash people and treat the markets like some fixed model. Philosophy has worked for them in the past but will crumble due to competition and cost-cutting technology.

    Work here if you want a stable salary but a boring dead-end job. And if you like wearing ties.

    Advice to Management

    Make the work more challenging and decision-based. Analysts don’t do analysis.

    Ease up on the dress code. A client is not going to fire you if they see the employees without ties. Speak with your fund performance not with your attire.

    Pay people more if you want to keep talent. Ambitious people won’t stay here because there is no innovation and challenge. If you want to be called a finance firm create that environment of mental rigor. Most people have a background in engineering, which shows that you really just need a base level of finance knowledge to succeed here. Some people are OK with that but personally I think there should be more people with a finance background managing money.

    If you’re an undergrad, don’t start your career here. Come when you’re 40.

  3. "Great Place to Work"

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

    I have been working at Dimensional Fund Advisors full-time

    Pros

    -Awesome cafe on premises
    -Beautiful building
    -New management is listening to the employees and making changes for the better
    -People that work there are really great

    Cons

    -Would be nice if could have more casual dress

    Advice to Management

    Keep listening the way you have and look forward to more changes!


  4. "Bad Mangement, Bad Place to work. Avoid this place at all cost, especially technology."

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Analyst in Austin, TX
    Current Employee - Technology Analyst in Austin, TX
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Dimensional Fund Advisors full-time (More than 5 years)

    Pros

    Free Coffee. Nice View.

    Cons

    Too many to list. McDonald's is a better option that this place.

    Advice to Management

    Enjoy living life knowing you've ruined so many careers.


  5. Helpful (1)

    "Great company, growing quickly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee 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

    -Onsite Healthcare Facilities
    -Opportunity for growth
    -Great colleagues

    Cons

    -Slow to implement innovative solutions to replace archaic processes
    -Groups within departments working in silos
    -Working from home frowned upon

    Advice to Management

    Focus on process improvements across the firm to address issues ahead of continued growth
    Loosen the ties and allow casual days as well as allowing work from home options.


  6. Helpful (2)

    "A great experience"

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

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Everyone at Dimensional has an enthusiasm for doing their jobs well. People are always willing to teach something new and there are a lot of opportunities to work on cross-functional projects. New management takes employee feedback really seriously and works to make improvements to the work experience.

    Cons

    Very formal culture and becoming more and more bureaucratic as the company grows.


  7. "Client Service"

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

    I have been working at Dimensional Fund Advisors full-time (More than 8 years)

    Pros

    Good pay
    Great benefits
    In-house cafe with good choices
    on-site clinic

    Cons

    Holding judgement until I see what the new management will do.

    Advice to Management

    Keep up the good work

  8. Helpful (2)

    "Sales culture"

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

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

    Pros

    Some good and smart people.

    Cons

    Typical mutual fund that puts marketing first and a quality product second. For every quality employee there are at least 3 knuckleheads. Lots of meaningless work that is not adding value to the client or the firm. What they say and what they do are two very different things.


  9. Helpful (10)

    "Where Careers Go to Die"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Dimensional Fund Advisors full-time (More than 3 years)

    Pros

    Dimensional stands out as a best in class asset manager and really does put the client first. I was proud to work at Dimensional because of their values and commitment to their investment philosophy. Dimensional offers competitive benefits, generous PTO and a good work life balance. They also offer an on-site cafeteria with discounted prices for employees.

    The new C Suite seems to be taking notice that the employee experience needs improvement. Prior to my departure, the Co-CEOs sent out an employee survey and acted on the results within a matter of months which was impressive. The communication is also good at the executive level.

    Cons

    While the Firm is impressive, the employee experience in the marketing department was not. There is a serious lack of transparency between senior management and the middle managers (and the people they manage). Anyone below the senior manager level is not empowered to make any independent decisions or implement any processes or policies. All decisions have to be vetted through the department head who is a road block because 1) she’s never available due to her schedule and 2) she has no operational or marketing experience which results in no valuable direction and a lack of execution. Other departments are hesitant to collaborate with marketing due to this road block. Roles and responsibilities across the department are ill defined which leads to confusion and frustration among the staff. Input from anyone below the senior management level is not received well. I’ve personally cringed on numerous occasions watching as someone presented to the department head and was ripped to shreds in front of everyone. Lastly, I never received a single performance review in 3 years or any opportunities for career development. When I escalated this issue, I was told that everyone is busy and to develop myself.

    Advice to Management

    Define roles and responsibilities for a position prior to hiring someone.
    Provide career development opportunities and regular performance reviews. People come to Dimensional looking for a challenging career, not a mundane job.
    Empower people to do their job by allowing them to think and make decisions.
    Review the performance of senior management or continue to lose top talent.


  10. Helpful (1)

    "Reflections of a DFA Analyst"

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

    I worked at Dimensional Fund Advisors full-time

    Pros

    Plenty of money to throw around.

    Cons

    Conflicting management styles, disorganized IT and HR departments.

    Advice to Management

    Flexibility goes a long way in retaining talent.


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