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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
3.0
Aug 7, 2021

Your experience depends on your team

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Gorgeous offices in all locations, Austin HQ is located at the highest point in the area and you can see for 20 miles in each direction. The Charlotte office is brand new and stunning. Santa Monica office is on Santa Monica blvd. I can't say enough about our offices as a geek for architecture. I feel this is why there is a big push to come back to them after covid, because they've spent so much money on them. Technology for the most part is up to date. Most of of low and mid level employees are great to work with. Lately the firm seems to be pushing to hire tons of young people which has really changed the feel of the company over the last few years. Benefits-wise, insurance is good. We have a HSA/High Deductible option that is great. Both 401k and HSA can be vested with the company, 401k match is below average and caps at 4% I believe. Onsite cafeteria in Austin and Charlotte with an excellent selection of foods. Comp sparkling water, fruit and coffee/tea on every floor. ETF launch seems to possibly be pushing the company upward a bit. Upward mobility seems possible for nearly every department. Company is relatively large at ~1600 worldwide so there is the possibility of movement to another location if you want it and there seems to be decent push to promote from within.

Cons

Dimensional is a company that has one foot in the past and another in the future, and is urinating on today. David Booth is old school and until he retires from the board, nothing will change. I'm sure you've already read other reviews below that mention our ancient dress code, the lack of a good work from home policy and the insane amount of overly paid white dudes, and all of that is definitely true. But I do feel the firm is starting to realize that and has started a few initiatives to diversify our employee population. It's a lot better than when I first started. Because the company has spent so much money on offices, they want you to be in them. This also points back to the firm's old school thinking. Top leaders feel that in-office collaboration is still the way to be productive. Before Covid, employees were NEVER allowed to work from home. That all changed of course. Currently we have been told that we'll be moving to a hybrid WFH/office situation where some days you are required to be in office, and other days you can work from home. But that will be evaluated at a later date according to our HR. This is not the company for you if you think you're going to be working from home 5 days a week in the future. I really hope that changes soon. I am a support employee, meaning I'm not directly involved with the money-making activities like RDs, PMs, associates, etc. My group deals with building maintenance, event coordination, project management, video/audio systems, etc. I feel for the type of work our group does, the pay is a bit below average to average considering how well padded the company is. It seems most managers are obstinately overpaid, and everybody under them is paid mediocre despite doing an excellent job. Our group is so great at what they do and we really take pride in our work and work hard! In doing research of firms similar to us, it seems that our investment philosophy is quite unique and some even feel is foolish. I don't pretend to know a ton about finance but I do feel that we are stuck in the past in a lot of ways, especially in employee experience. The saying goes: take care of your people and your people will take care of you, and I do not feel that Dimensional is an employee-first company. I love my team because our team lead is just awesome, but others don't have the same experience. I suppose this is true of any company but it seems more pronounced here. LGBTQ diversity/inclusion is virtually non-existent and was not even recognized until 2020. The way the marketing department is structured in this company is comical and I don't understand how the bosses over there still have a job. Who are we even marketing to? Our clients have to go through an advisor to access our funds. The marketing team is extremely overpaid and overstaffed to basically do nothing.

1.0
Dec 5, 2018

Don't go if you are smart and career driven

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work hours. not much other good things

Cons

(1) Too much politics and obnoxious back-stabbing everywhere. (2) Very hard to learn real useful knowledge because the jobs are too easy or too specific and it is a waste of talents from those employees from top schools. Only people good at playing politics can shine in this company. People find a hard time to look for new jobs because they learn too little on their jobs in DFA. (3) If you are graduating from a top school, try to find a better company somewhere else. (4) naive and outdated old investment strategies. No smart people to develop new strategies and no opportunity for smart people to stay to develop new strategies either. The company simply use those famous academia people for marketing who don't really contribute to improving strategies either. A fake company.

2.0
May 30, 2016
Recommend
CEO approval
Business Outlook

Pros

very successful and strong brand, place to be in if you want to see academic rigor get translated into investment solutions, about to become a corporate firm, global opportunities

Cons

very sleepy, occasionally overwhelmed and biased management, employees are seen to be a commodity, leadership team seems not always to be on the same page, has not arrived in the digital age yet, very political environment, the strong value system that made it successful started collapsing, everyone is struggling to make decisions, very centralized and controlling

Viewing 19 - 21 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.