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Dimensional Fund Advisors

Engaged Employer

Dimensional Fund Advisors reviews

3.8

81% would recommend to a friend

(456 total reviews)

Dave Butler and Gerard O.Reilly

86% approve of CEO

81% positive business outlook

Dimensional Fund Advisors has an employee rating of 3.8 out of 5 stars, based on 456 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Dimensional Fund Advisors employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

456 reviews
2.0
Jun 14, 2021
Recommend
CEO approval
Business Outlook

Pros

The business itself is healthy, even after a very tumultuous and precarious year (pandemic, 2020-2021).

Cons

The IT leadership team is comprised of ineffective managers, most of whom have been employees at DFA for many years. They’ve grown roots and now refuse to budge. They place themselves above anything else and never seem to hold themselves accountable for fostering secrecy and narcissism instead of creativity and cohesion. Also, be ready for some really frustrating discussions about tech advancements...they continue to think and operate within the year 2010. Although, if you can speak in modern catch phrases, key terms and acronyms and you also know Agile terminology, you’ll do well here even if you can’t put it into practice. Don’t worry, the IT steering committee will never notice. Your shortcomings will be obscured by layers of misinformation and confusion for years, during which time you’ll be promoted. The gaps you leave will then become someone else’s problem. Speaking of confusion, they continue hiring more IT project managers but can’t seem to establish real synergy. Lots of short-lived pats on the back when things happen to go well and weeks/months-worth of finger-pointing and hushed conversations when things fail. As a result, the latter has created an atmosphere of gross stagnation where there is absolutely no propensity and no appetite for sweeping change. Using a very traditional and top-heavy management structure, the Technology department lacks the flexibility needed to be ultra-responsive to business needs. There are just way too many personal agendas in the way.

1.0
Sep 17, 2020

Proceed With Extreme Caution.

Recommend
CEO approval
Business Outlook

Pros

--Fair work/life balance --Beautiful office

Cons

--Company Outlook: The mere fact that DFA continues to exist, in and of itself, is mystifying. The basic investment strategy has been replicated countless times over and offered to investors at far lower prices by many competitors. Nonetheless, unwitting investors continue to hand over their assets to financial advisors who, in turn, transfer these assets to DFA at an exorbitant fee -- for the false promise of higher returns beyond the benchmark. These higher returns are utterly illusory. The financial advisors know this of course -- but are themselves compensated by DFA -- so the machine continues forth. This, in some ways, is a form of white collar grift. The victim here is, typically, a high net worth individual or the crime is spread thinly over many thousands of investors -- so no one really cares. The point is, if DFA existed in a more transparent and competitive context -- it simply would not exist by tomorrow morning. --Career Development: You will develop little to no transferable skills over the duration of your employment here. This cannot be stressed enough. Every year you stay, the fetters grow ever tighter and the walls ever higher. Your relevancy to other companies dwindles while your sink even more entrenched into mire of DFA. They know this and will always use it against you. --HR: Truly, some of the worst human beings I have ever encountered over the course of my life. --Pay: Well below industry average. Do not be fooled -- Austin is a very expensive city. --Culture: Because the entire organization is process-driven and has no interest in change, career advancement consequently revolves around political in-fighting and scarcely anything else. This also cannot be emphasized enough. If you haven't kissed the hand of every possible relevant human being within your organization, then your opportunities will be severely curtailed. Correspondingly, I also witnessed appalling employees swiftly ascend the corporate ladder simply by virtue of the fact that they had flattered and flirted the requisite egos. The latter was not the exception -- it was the norm. --Work Life Balance: Previously, I would have said that DFA might actually be a decent place to work if you led a life deeply enriched by things beyond your career. It used to be fairly easy to come, complete your work, and go as you please. Now, however, your movement is meticulously tracked and this data is presumably provided to your manager and any other individual in the organization who might use it against you. --Overall: The sun has set on the glory days of DFA. The company will continue to pedantically adhere to their processes until the company gently fades into oblivion. As resources are constrained and funds are tightened, I imagine the political quarrels will only grow more aggressive and more treacherous. Another procedure to follow, another colleague to betray -- until the last portfolio's last assets under management finally sinks to zero. Nothing will be lost. Also, an unknown assailant repeatedly defecated in the breakroom.

2.0
Jun 10, 2016

Management is Awful

Anonymous employee
Recommend
CEO approval
Business Outlook

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 have their heads up their butts and micromanage. They all have a daddy issue with the new CFW Sam and are running around trying to please him. They let good people leave the company for no real good reason. IT management is the worst. They play games with peoples lives and expect you to sit there and take it. I had finally had enough and had to leave due to management. I just could not work there anymore and I really enjoyed my job and the people.

Viewing 40 - 42 of 456 Reviews

Glassdoor has 542 Dimensional Fund Advisors reviews submitted anonymously by Dimensional Fund Advisors employees. Read employee reviews and ratings on Glassdoor to decide if Dimensional Fund Advisors is right for you.