Dimensional Fund Advisors Reviews | Glassdoor

Dimensional Fund Advisors Reviews

Updated 19 Oct 2019

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2.9
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Rating TrendsRating Trends
47%
Recommend to a Friend
18%
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Dimensional Fund Advisors CEO David G. Booth  (no image)
David G. Booth
7 Ratings
  1. "Great growth opportunities"

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

    I worked at Dimensional Fund Advisors full-time for more than 3 years

    Pros

    Great, smart, talented people throughout the company. Room for growth if you're willing to seek out mentorship and prove your value. Everyone in tech acts more like a person and less like a robot than outside departments. Very clean and beautiful office.

    Cons

    Like every company, there's a lot of politics to deal with and it's easy to get lost in the game rather than focus on growth and productive work. Very corporate culture can feel a little bland.

    Advice to Management

    Reward those with integrity and lead by example.

    Dimensional Fund Advisors2019-10-20
  2. Helpful (6)

    "Understand What You're Getting Into"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Austin, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Dimensional Fund Advisors full-time for more than 3 years

    Pros

    Work life balance is the most obvious and most compelling benefit. You can leave the office at 5:00 everyday and not have to think about work while you're out of office. If you desire a stepping stone onto something else and foresee only staying at this company for a couple of years -- then this could be a good option for you. Especially if you are fresh out of undergrad - I think a position within PM or IAD is... a totally reasonable option. Just don't stay too long - unless you have carved out an amazing niche for yourself.

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    Cons

    Virtually all of the work in PM would be done by a precocious high school student. Upward career mobility is awfully unexciting. Pay is no great. But bear in mind two things -- 1) You generally have very easy work hours and 2) At DFA virtually everyone is dispensable and everyone understands this.

    Advice to Management

    Adopt some willingness to develop new equity strategies. If you refuse to adapt, the world will quickly and happily pass you by.

    Dimensional Fund Advisors2019-10-08
  3. Helpful (12)

    "Mediocre old-timers try ferociously to cling to influence, cut new hires out"

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

    I worked at Dimensional Fund Advisors full-time for more than a year

    Pros

    Great work life balance. Awesome buildings and cafeterias. Free soda. Academic culture encourages learning (to an extent).

    Cons

    As too often the case with companies that are the victim of their own success, DFA offers new joiners little more than a chance to be part of a glittering brand. Middle managers are territorial to a T . Tenure and brown-nosing valued far more highly than merit or original thinking. Least professional HR department ever encountered. No clear mandate, direction, guidance or evaluation (why was I hired? what... constitutes success?) Emphasis on face time and business professional attire reveal appearances are valued over substance.

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    Advice to Management

    Read the glassdoor reviews. Perhaps offer a reason other than "we have high standards" as an explanation for why you cannot retain talent.

    Dimensional Fund Advisors2019-09-25
  4. Helpful (12)

    "It's alright and you'll survive but you'll definitely be bored and a little peeved"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Global Client Group 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Dimensional Fund Advisors full-time

    Pros

    The people are nice, the office is clean and modern, almost never have to work overtime.

    Cons

    No creative thinking in any department of the company. No dynamism in strategy. The ex-CEO left to start a new ETF version of Dimensional with a competitor and there's been absolutely no change or adaptation to this. Some number like 11 or more senior-level people left to join him because they could work from home, were paid better, etc. It's strange that a company that started off as innovative has refused to... adjust its culture or strategy in any way since. The employees are nice but gossip behind everyone's backs. Ingroups and outgroups are rampant. People will get invited to one hangout and then not another. It's like an elementary school. The "adults" or vps/directors parent the associates and are just as vindictive and exclusionary. It's an interesting culture. Maybe everyone's just bored from a lack of dynamism, market knowledge, etc.

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    Advice to Management

    Talk to employees. Actually attend employee events. Get excited. Find a way to eliminate toxicity. End the weird nepotism. Some of the most "successful" and unqualified people at the firm are in the position they are in because their parent, sibling, etc. is there. Promote on merit, not on someone's willingness to pretend they enjoy your time.

    Dimensional Fund Advisors2019-09-24
  5. "A great company to work for"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee 

    I worked at Dimensional Fund Advisors full-time

    Pros

    Good culture, people working there are very professional

    Cons

    Cannot really think of anything bad

    Dimensional Fund Advisors2019-09-23
  6. Helpful (6)

    "PSA: Positive reviews here are lies..."

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

    I worked at Dimensional Fund Advisors full-time

    Pros

    Legitimate product offering. Great work life balance. No late hours even for the sales teams.

    Cons

    Lots of politics in EVERY SINGLE OFFICE. From US to Singapore to Sydney to London. Only the capable ones are leaving their jobs, unlike most finance roles, face time is an absolute must. Beware if you are talented and smart, don't waste your life away here... You will never get to work on the interesting projects / prospects you dreamed of. Don't believe me, check their LinkedIn profiles! Only weak backgrounds and... Chicago MBAs stay, the rest are off to better places! Experience doesn't tell lies!

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    Advice to Management

    Your first few hires should be made correctly. Model after the best in the business - BlackRock, Pimco, Vanguard. Hire only the best and the brightest and let them take charge of the culture pay them double what you are paying now. But I guess this is too late, you're now left with the worst of the lot, the best have already left the firm. Very sad! I can only laugh as I watch from the sidelines now and listen in on... the unfortunate happenings around the firm globally.

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    Dimensional Fund Advisors2019-09-18
  7. Helpful (3)

    "Heavy politics with little give"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager 

    I worked at Dimensional Fund Advisors full-time for less than a year

    Pros

    The people that you work with are amazing. The perks are great and the retirement benefits are definitely the best part.

    Cons

    Lack of career growth. You fit the trend and you stay with it.

    Dimensional Fund Advisors2019-08-28
  8. "Responsible for institutional sales and CS"

    StarStarStarStarStar
    Current Employee - Regional Director 

    I have been working at Dimensional Fund Advisors full-time

    Pros

    Amazing people and great team environment

    Cons

    Long hours and multiple responsibilities

    Dimensional Fund Advisors2019-08-23
  9. "Great company"

    StarStarStarStarStar
    Former Employee - Client Coordinator 

    I worked at Dimensional Fund Advisors full-time

    Pros

    Awesome company, founders, board of directors and ethos

    Cons

    Some management can use additional training

    Dimensional Fund Advisors2019-07-30
  10. "Slow progression.. successful firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Portfolio Management Analyst 

    I worked at Dimensional Fund Advisors full-time for more than 3 years

    Pros

    Good firm with a good reputation in the industry Lots of smart people

    Cons

    Very slow progression Controlled messaging

    Dimensional Fund Advisors2019-07-24
Found 171 reviews