Dimensional Fund Advisors "austin" Reviews | Glassdoor

Dimensional Fund Advisors Employee Reviews about "austin"

Updated Jul 5, 2019

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Found 161 reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
52%
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)

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Reviews about "austin"

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  1. 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...

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    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...

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    Dimensional Fund Advisors2018-12-20
  2. Helpful (5)

    "No room for free thought"

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

    I worked at Dimensional Fund Advisors full-time for 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.

    Dimensional Fund Advisors2017-08-16
  3. Helpful (1)

    "Great company, if not a little too stiff."

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

    I worked at Dimensional Fund Advisors full-time

    Pros

    Great pay, good benefits, excellent PTO (21 days first year), amazing cafeteria, and is continuously growing, which constantly presents new opportunities for progression.

    Cons

    Don't enjoy wearing a suit every day in the Austin heat? Too bad. Aside from that, there are very few cons.

    Dimensional Fund Advisors2017-02-18
  4. Helpful (4)

    "Good place to work"

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

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

    Pros

    Good benefits, extremely intelligent coworkers, collaborative and team oriented, competative pay, good training process

    Cons

    Still "old school" in terms of work from home/ flexible work arrangements, headquarters in Austin not consistent with Charlotte office

    Advice to Management

    Adopt some new practices with flexible work arrangements, community engagement, etc

    Dimensional Fund Advisors2016-12-17
  5. Helpful (10)

    "Management is Awful"

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

    I worked at Dimensional Fund Advisors

    Pros

    pretty decent benefits and pay is not to bad depending on what you do there. There are a lot of extremely intelligent people who work there. Some really great people.

    Cons

    They do not care about their employees anymore. I worked for them for many years. Although some of the Human Resources are great like on the recruiting side many of the rest leave a lot to be desired. One in particular loves to try and bully people and intimidate them so they will say something inappropriate or something that will get them terminated.. Many of the mangers in Austin...

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    Advice to Management

    Stop toying with peoples lives and playing games. Stop micro managing. They need to take a strong look at some of their HR People and do more things to keep employees there. Not chase them away. I was a very well thought of employee both professionally and personally and was treated very poorly. HR is not supposed to always be for management they should lead by example and not use such tactics as intimidation, bullying...

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    Dimensional Fund Advisors2016-06-10
  6. Helpful (9)

    "Micro Management"

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

    I have been working at Dimensional Fund Advisors

    Pros

    Good work life balance Not in downtown Austin

    Cons

    Micro management No performance review. They call it talent talk but this equals to nothing No exposure if you are not in the right position Managers hog all the important projects Promotion not transparent at all

    Advice to Management

    Please at least listen to the people who actually do the day to day work

    Dimensional Fund Advisors2016-03-30
  7. Helpful (6)

    "Great place to be"

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

    I have been working at Dimensional Fund Advisors full-time for more than 5 years

    Pros

    So many smart and talented people, the most beautiful offices I've ever worked in, huge focus to grow globally and in the US (opening Charlotte NC East Coast office this year), winning in the marketplace and consistently gathering client assets, unique and ethical business approach with advisors and clients, great brand reputation in the market.

    Cons

    Growing too quickly has had its challenges, co-CEO structure is a bit awkward, wearing suits and ties is a challenge (especially in the Austin Texas summer heat)-although the professional environment is unique these days, internal communication could be better, health benefits and 401K matching could be higher.

    Advice to Management

    Grow more cautiously in case markets or DFA products turn out of favor.

    Dimensional Fund Advisors2015-08-10
  8. Helpful (21)

    "Former employee"

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

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

    Pros

    Great investment philosophy but people here believe in it like its a religion. Food in the building is good, benefits are okay as well.

    Cons

    -Management is terrible, very political and play favorites. They will be passive aggressive, slowly isolate you if they don't think youre toeing the line, dont value employee development much. -The pay here used to be good, now it sucks. Associates/Analysts get paid poorly, as does anyone promoted within. Only way to get paid well here is to come in as RD or PM from elsewhere.If they can take advantage of you somewhere...

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    Advice to Management

    Pay people Develop people Stop hiring above your employees Stop hiring so many people Hire less, pay more

    Dimensional Fund Advisors2015-07-03
  9. Helpful (10)

    "Associate"

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

    I worked at Dimensional Fund Advisors

    Pros

    -Great state of the art facilities. Update with all the technology. -Everyone in the client services group is a people person (These are sales guys) -Free drinks and coffee

    Cons

    -Management is horrible and do no treat some of their employees right. This was multiple managers -There are tons of favoritism. -Culture is much different from Austin to Santa Monica Office. -There was a clear HR violation in regards to pay and VP said it was just how it is. HR found out and there were no violations said.

    Dimensional Fund Advisors2015-05-01
  10. Helpful (11)

    "It doesn't 2.3 stars for nothing"

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

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

    Pros

    Base pay is higher than industry average. Great Austin office with free soft drinks.

    Cons

    You pay for that higher salary. The culture is one of finger pointing and CYA. Toxic with a high turn over rate.

    Advice to Management

    Sell the company already and let professional manage it.

    Dimensional Fund Advisors2014-11-07
Found 161 reviews