This review is from Mutual Funds from Dimensional Fund Advisors
Morris, I am a DFA approved advisor and DFA does not provide marketing support for their advisors. What was your basis for that comment. Charles is correct, they are the best funds for prudent investing. Independent advisors choose their funds for many reasons. One has to do with a "non-forecasting" strategy used in all of their products. They are one of the few companies who take this stance. This study from Morningstar best explains why DFA has decided to pair their funds with an advisor:
http://www.ifa.com/12steps/step/step1page2.asp#t13
Last edited 6 months ago by Mark Hebner
Mark Hebner replied 6 months ago
I see the advisor site as educational material and listing of advisors as a benefit to the consumer. In my opinion, marketing support is more akin to financial support or sponsorship of advertisements, seminars or conferences, like many other mutual fund companies provide.
I prefer to think of passive management as a irrefutable conclusion of peer reviewed research and leave the word "belief" for those who think that someone can see the future, better than the combined opinion of millions of traders.
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Robert A replied 6 months ago
Mark, while I totally agree with your perspective of DFA (I'm an approved advisor, too), I have to disagree with your claim that they don't provide marketing support. As you know, both the secure site and the public site provide numerous materials to help advisors communicate Dimensional products and ideas effectively. Many of which are posted on various advisors' own websites. I think its a great help to all of us.
As to Morris' assertion that that the days of University of Chicago are long gone, well, you either believe in passive management or your don't. I prefer the former.
Last edited 6 months ago by Robert A