6300 Bee Cave Road
Building 1
Austin, TX 78746
Google Maps
Contact
Main Phone: 512-306-7400
Web Site:
http://www.dfaus.com
Mutual Fund Brand(s)
DFA Funds, Dimensional
Research Links
SEC Fund Filings by CIK
|
|
Background:
|
Dimensional Fund Advisors was started in 1981 by co-CEO and chairman David Booth and academic Rex Sinquefield. Their goal was to provide access to small-cap stocks, based on research about the outperformance of small caps.
DFA has built its strong brand around its hybrid active-passive management and limited access to its funds through the advisor channel and the institutional channel. Its "DFA-approved" advisors must undergo training in its philosophy that promotes low cost investments and long-term asset allocation over market timing.
DFA currently operates subsidiaries or funds in Australia, Canada, Germany, Ireland, Japan, the Netherlands, Singapore and the United Kingdom.
CEO SuccessionIn 2007 DFA officials announced that they were moving its headquarters to Austin, Texas from Santa Monica, California. The decision was part of tax planning process for a possible sale of the firm by Booth and early investors.
In 2006-2007 Booth quietly shopped the firm, eventually turning down an offer from JP Morgan Chase. He took the firm off the market after the value of Dimensional fell because of the drop in AUM following the 2008 stock market collapse. Dimensional has since regained and surpassed its pre-crash AUM levels.
On January 1, 2010, Eduardo Repetto was promoted to co-CEO alongside Booth. The management shift comes as part of Booth's succession planning.
At one point, Booth had publicly revealed plans to step down as co-CEO at the end of 2013, which would have left Repetto as the sole CEO. .
FoundingBooth was part of a team at Wells Fargo & Co that created the first institutional index products in the early 1970s (those products beat Jack Bogle and Vanguard out of the gate).
He took that experience into a venture with Rex Sinquefield after the two former University of Chicago MBA classmates were swayed by a Rolf Banz paper that showed small cap stocks had historically outperformed large cap stocks. Booth's apartment served as the money manager's first office.
|
|
Sponsored Opportunities
|
|
Key People:
|
David Booth
Co-founder, Executive Chairman, Dimensional Fund Advisors | Dave Butler
Co-CEO, Head of Global Financial Advisor Services, Dimensional Fund Advisors | Gerard O'Reilly
Co-Chief Investment Officer, Head of Research, Dimensional Fund Advisors | Eduardo Repetto
Chief Investment Officer, Avantis Investors (American Century) | Sam Gilliland
Chief Operating Officer, Senior Advisor, Dimensional Fund Advisors | Chris Crossan
Global Chief Compliance Officer , Dimensional Fund Advisors | Catherine Newell
General Counsel, Dimensional Fund Advisors | Paul Wise
Chief Technology Officer , Dimensional Fund Advisors | Robert Dintzner
Former Chief Communications Officer & VP, Dimensional Fund Advisors | Steve Clarke
Head of Global Institutional Services/President, Dimensional Fund Advisors/Dimensional International | Tim Kohn
VP, Head of Defined Contribution Services, Dimensional Fund Advisors | Faith Yando
Director, Global Public Relations and Communications, Indeed |
|
|
Get MFWire Alerts
Raw XML
