Dimensional Fund Advisors at Thirty
Dimensional (DFA) has recently celebrated its 30th anniversary. Having started from founder’s David Booth’s back bedroom, to become today’s global investment firm, it is a remarkable story.
Nowadays it manages over $230 billion of assets worldwide (source: DFA) with offices in six countries. This would be a fabulous achievement for any investment firm but when you consider that DFA does not accept money from the general public, only ever deals with a restricted number of high quality financial planning firms and does not pay any financial inducements to these firms it makes their achievements even more remarkable.
So as David Booth says of DFA – working with our clients we have changed the world. It is great to know that it is still possible to do well by doing good.
I couldn’t agree more with him.