Dimensional Fund Advisors
Private | |
Industry | Finance |
---|---|
Founded | 1981 |
Founders | David G. Booth Rex Sinquefield |
Headquarters | Austin, Texas, United States |
Key people | David G. Booth (Executive Chairman) Dave Butler (Co-CEO) Gerard K. O'Reilly (Co-CEO) |
Products | Money Management and Investment |
AUM | $677 billion (Dec 31, 2023)[1] |
Number of employees | 1,600+ (2023)[2] |
Website | www |
Dimensional Fund Advisors, L.P. (branded Dimensional abbreviated DFA[3]) is a privately-owned investment firm headquartered in Austin, Texas. Dimensional was founded in Brooklyn[4] in 1981 by David Booth, Rex Sinquefield and Larry Klotz. The company has affiliates within 15 offices in the U.S., Canada, U.K., Germany, Netherlands, Australia, Singapore, and Japan.[5] Dimensional maintains additional U.S. offices in Charlotte, North Carolina and Santa Monica, California and has affiliate offices globally. The company is owned by its employees, board members and outside investors.
The company’s founders studied at the
In 2009, Dimensional acquired SmartNest, a retirement planning computer software company.[15] Researcher Robert C. Merton left SmartNest's board after the purchase and became a Resident Scientist at Dimensional.[16][17][18]
In November 2020, the company announced it was augmenting its strictly advisor-access[19] and institutional[20] only mutual fund business model by offering openly-accessed exchange-traded funds.[21][22][23][24]
References
- ^ "Dimensional Investing". Retrieved 2024-01-25.
- ^ "Dimensional: About Us".
- ^ "FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES: DFA INVESTMENT DIMENSIONS GROUP INC". sec.gov. Retrieved 20 March 2021.
- ^ "David Booth: Biography".
- ^ "Dimensional: About Us".
- ^ "Kenneth French: Bio".
- ^ "Dimensional Investing | Dimensional Fund Advisors". Dimensional. Retrieved 2018-11-09.
- ISBN 0071385290, p. 103
- ^ "Dimensional Fund Advisors Lists Active Exchange-Traded Funds".
- ^ John Rekenthaler (Nov 25, 2020) DFA Is Paying the Price for Its Conviction. Morningstar.com, accessed 19 March 2021
- ^ "Registration statement - DIMENSIONAL ETF TRUST". SECURITIES AND EXCHANGE COMMISSION. 16 November 2020.
- ^ "DFAU ETF Report". etf.com. Retrieved 20 March 2021.
- ^ Liu, Evie (18 November 2020). "Another Fund Manager Enters the World of Exchange-Traded Funds. What's Behind the Trend". Barrons.
- ^ Lydon, Tom (December 28, 2020). "The ETF-Mutual Fund Tide is Turning: DFAI and DFAU Switching Sides".
- ^ Inklebarger, Timothy (2009-12-02). "Dimensional adds retirement planning software firm". Pensions & Investments. Retrieved 2013-05-12.
- ^ "Curriculum Vitae". www.robertcmerton.com. Robert C Merton. Retrieved 2021-01-20.
- ^ "Robert Merton". Becker Friedman Institute.
- ^ "Next Generation Retirement Planning" (PDF).
- ^ "Work With Us: Financial Advisors".
- ^ "Work With Us: Institutions".
- ^ "Why Dimensional Fund Advisors is converting six of its mutual funds to the ETF format". CNBC. December 2020. Retrieved 24 February 2021.
- ^ "DFA Takes The Stage With ETFs". etf.com. Retrieved 24 February 2021.
- ^ "Dimensional Fund ETFs Launch as Quant Plans to Convert Mutual Funds". Bloomberg News. 18 November 2020. Retrieved 24 February 2021.
- ^ Johnson, Steve (23 November 2020). "Mutual fund conversions to ETFs set to gather momentum, experts say". Financial Times.