Is Dimensional Fund Advisors a registered investment advisor?
Asked a year ago
Yes, Dimensional Fund Advisors is a registered investment advisor. It is registered with the U.S. Securities and Exchange Commission (SEC) as an investment advisor under the Investment Advisers Act of 1940. As a registered investment advisor, Dimensional is subject to regulatory oversight and must adhere to certain fiduciary duties, requiring them to act in the best interests of their clients. This registration ensures that Dimensional operates within the legal and regulatory framework established to protect investors. By being registered, Dimensional offers investors the assurance that it meets the necessary regulatory standards and is dedicated to maintaining high standards in their investment advisory services.
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