Dimensional Fund Advisors Reviews | Glassdoor

Dimensional Fund Advisors Reviews

Updated Jun 6, 2019

To filter reviews, or .

Found 160 reviews

2.9
StarStarStarStarStar
Rating TrendsRating Trends
50%
Recommend to a Friend
0%
Approve of CEO
David G. Booth
1 Ratings
Pros
Cons
  • "Difficult to get recognition if you don't sit in Austin(in 13 reviews)

  • "DFA is in the process of merging their institutional sales and financial advisor teams(in 12 reviews)

More Pros and Cons
  1. Helpful (1)

    "Senior Associate"

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

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Great workplace environment and growing quickly.

    Cons

    The company is growing quickly and they're hiring a lot of people.

    Dimensional Fund Advisors2018-11-27
  2. Helpful (11)

    "Toxic work environement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in Austin, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Dimensional Fund Advisors full-time for more than 3 years

    Pros

    unlimited bottled water and soft drink, nice looking office and surrounding gardens, great career potential if you can get toxic middle management onside

    Cons

    The company misleads new employees during the interview process, and the culture of toxic middle management still exists even though the CEOs are making an attempt to combat it. There is a double standard when it comes to promotions and recognition for work, definitely not based on merit but rather how well you suck up to before said toxic middle management.

    Advice to Management

    You can do all the employee satisfaction surveys you wont but unless you learn to question managers true intention and identify behavior based off personal feelings rather than professional judgement then the culture and success of the firm will not change. There is too many people with influence working for DFA that have a self preservation vs success of the firm mentality

    Dimensional Fund Advisors2019-06-06
  3. Helpful (12)

    "Dead in the Heart Update"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Regional Director 
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Dimensional Fund Advisors full-time

    Pros

    They spend a week each year - Dimensional Week - genuinely trying to get the whole organization excited about the mission of the firm. Lots of updates on what the firm is doing, etc. They do these small group dinners, hosted by senior execs, which are pretty cool. It's all about doing what's right for the customer.

    Cons

    They conclude this otherwise cool week with a presentation where the chairman comments on how much overhead is spent on the week and the Co-CEO telling the team if you don't double down and sell more than 125% of what you've done in the last two quarters everyones' firm based comp will be cut by about 15-20%. Remind me not to invite them to my 40th birthday party because at the end they will say "happy birthday! but...

    Show More
    Dimensional Fund Advisors2019-05-25
  4. Helpful (15)

    "Headed in the wrong direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Dimensional Fund Advisors full-time for more than 5 years

    Pros

    The office space is beautiful.

    Cons

    The company is more concerned about margins than it is in investing in its people and the future success of the firm. Decisions take months at times, and oftentimes are never made. While the company culture is good, it has diminished over the years and is no longer enough to keep employees. It's a shame to watch a company held in such high regard slowly crumble.

    Dimensional Fund Advisors2019-04-26
  5. Helpful (16)

    "Don’t work here!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Dimensional Fund Advisors full-time for more than 5 years

    Pros

    I’m honestly shocked at how many positive reviews there are. They have to be fake ... The only positives are superficial things like they have good food in the cafeteria and the building is nice (though you’ll have to see it every day, since you’re not ever allowed to work from home). It’s a great place to work if you’re a white male though! They seem to love those!

    Cons

    No focus on career development. No focus on diversity or inclusion. Strongly against working remotely.

    Advice to Management

    Wake up - it’s 2019!

    Dimensional Fund Advisors2019-03-31
  6. "Manager"

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

    I have been working at Dimensional Fund Advisors full-time for more than a year

    Pros

    Filled with intelligent and knowledgeable people

    Cons

    None that I have yet to report

    Dimensional Fund Advisors2019-02-19
  7. Helpful (5)

    "Growing fast"

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

    I have been working at Dimensional Fund Advisors full-time for more than 8 years

    Pros

    Collaborative environment, quality people, unique business model, beautiful offices, new co-CEO’s making improvements in areas of need, winning in marketplace, no budgets, strong profit margins, growing faster than competitors, international job reported opportunities, work life balance is better than any other place I’ve worked, senior management very approachable, relatively flat structure

    Cons

    No dress down attire (except for IT staff in building 2), internal communication could improve, decision making is done by a few select at the top and could be passed further down the organization, need stronger leadership skills within management and executive ranks, hiring way too many people in sales (need to staff up more in non-sales functions), company discourages working from home

    Advice to Management

    Continue to focus on improving employee experience to make company more competitive, focus on improving leadership skills within the growing organization, improve internal communication, improve employee incentive plans and performance management program.

    Dimensional Fund Advisors2019-01-24
  8. Helpful (13)

    "It's not terrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Portfolio Management - Various in Santa Monica, CA
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Dimensional Fund Advisors full-time for more than 5 years

    Pros

    -Good work-life balance. -Santa Monica location is very nice. Great place to live. -Austin office is beautiful with nice amenities. -Products are best-in-class. These are the investments you'd want your grandma in. -Good reputation in the industry so you can leverage DFA experience to get interviews at other shops.

    Cons

    -Below market pay. This has driven higher turnover recently. Was a major factor for me. -Difficult to get recognition if you don't sit in Austin. If you don't work in Austin, you need to make twice the contribution to get promoted a year later than someone in Austin. -Not allowed to work from home. It's fine that DFA does not want that to be a regular practice, but 90% of the job can be done remotely and if you have...

    Show More

    Advice to Management

    Pay up. Markets work. If you want to keep your advantage vis-a-vis other systematic managers, then you need to pay the people who are capable of reproducing your process elsewhere. Your advantage has been shrinking and your unwillingness to pay to keep that advantage is part of the reason. Stop giving all the advantages to Austin. You have good people in other offices and you've lost a couple good people recently...

    Show More
    Dimensional Fund Advisors2018-12-20
  9. Helpful (9)

    "Senior Associate"

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

    I have been working at Dimensional Fund Advisors full-time for more than 3 years

    Pros

    Great people to work with. Product you can get behind and feel good about what you do. Awesome work life balance.

    Cons

    Pay discrepancy between 2 people in the same role can be astronomical. How upper management has not corrected this is unclear to me. Some departments seem to have the upper hand over others. Some roles do not have any authority to make decisions.

    Advice to Management

    Start paying people in the same role fairly. You’re going to lose some pretty awesome people that have loved working for Dimensional over something that you can easily correct.

    Dimensional Fund Advisors2018-12-12
  10. Helpful (1)

    "Portfolio manager"

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

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Good culture. Do right by the client

    Cons

    At will promotion and raises

    Dimensional Fund Advisors2018-11-10
Found 160 reviews