Dimensional Fund Advisors "work life balance" Reviews | Glassdoor

Dimensional Fund Advisors Employee Reviews about "work life balance"

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 "work life balance"

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  1. 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
  2. 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...

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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
  3. 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
  4. Helpful (1)

    "Associate"

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

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

    Pros

    Great corporate culture and work-life balance

    Cons

    Fast growing so company is changing

    Dimensional Fund Advisors2018-09-14
  5. "analyst"

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

    I worked at Dimensional Fund Advisors full-time

    Pros

    very work-life balance, people are friendly

    Cons

    career growth can be difficult

    Dimensional Fund Advisors2018-08-20
  6. Helpful (23)

    "Where Careers Go to Die"

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

    I worked at Dimensional Fund Advisors full-time for 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...

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    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...

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    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.

    Dimensional Fund Advisors2018-05-01
  7. "Decent workplace"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at Dimensional Fund Advisors full-time

      Pros

      People, Benefits, Location, Work/Life Balance, Philosophy

      Cons

      Corporate structure, management, who they give promotions to

      Dimensional Fund Advisors2017-12-21
    • Helpful (5)

      "Associate at Dimensional"

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

      I worked at Dimensional Fund Advisors

      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

      Dimensional Fund Advisors2017-10-02
    • "Financial Advisor Services"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      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

      Dimensional Fund Advisors2017-08-19
    • 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
    Found 161 reviews