We
build portfolios primarily using mutual funds from Dimensional
Fund Advisors (DFA). Unique within the mutual fund industry,
DFA directly applies the findings of leading academic researchers
in the design and operations of their mutual funds.
DFA
utilizes the passive investment approach espoused by Post Asset
Management. While philosophically similar to index funds, DFA
funds employ a variety of techniques to improve upon traditional
index fund performance.
DFA
offers institutional class mutual funds that are available to
individual investors only through a select group of independent
registered investment advisors. Advisors with access to DFA
go through a multiple step process including presentations on
financial theory to ensure that the advisor and DFA share the
same investment philosophy.
Following
is a link to the Dimensional introductory brochure -The Science
of Investing, which offers a nice overview of the firm and its
strategies