Dimensional Joins the University of Texas McCombs School of Business Wealth Management Network

Dimensional Fund Advisors, a global leader in systematic investing, announced today it is joining the University of Texas Wealth Management Network as part of its commitment to supporting future financial leaders. Dimensional Co-CEO Dave Butler will also join the organization’s advisory board.

Globally headquartered in Austin, Texas, Dimensional joined the network to support the advice community’s development, growth, and success by investing in the next generation of wealth management talent. Dimensional has a long history of working with financial professionals and applying academic and empirical research to pursue better investment outcomes for investors.

“Talent is the wealth management industry’s number one asset,” Butler said. “This collaboration with the University of Texas strengthens Dimensional’s commitment to our hometown university, continuing our firm’s rich partnership with academia.”

Part of the nationally renowned McCombs School of Business, the Wealth Management Center strives to educate students, build partnerships within the industry, lead academic and applied research, and facilitate community outreach for the next generation of wealth management professionals. The McCombs Wealth Management Center brings together wealth management professionals, faculty members, researchers, and students.

“The wealth management industry is undergoing major changes,” said Ramesh Rao, McCombs professor of finance and founding director of the Wealth Management Center. “Responding to the industry’s changing and challenging landscape requires new approaches and business models. Dimensional is an established leader in the wealth management space, and we are very pleased that Dimensional will be part of our mission to bring faculty, students, and industry leaders together to establish a premier wealth management program at the McCombs School of Business.”

Butler has joined the advisory board of the Wealth Management Center to directly support and connect students with industry leaders and professionals. Butler joined Dimensional in 1995 in its financial advisor business, working with the industry to advocate for a better model of advice, help advisors build good businesses, and educate the industry on sound investment solutions for investors. In his 27 years with the company, Butler has been closely involved in the evolving field of investment advice and the strong community of professionals redefining wealth management and enhancing the investor experience. Butler was named Co-CEO of Dimensional in 2017. A college basketball star who was drafted by the Boston Celtics, Butler guides Dimensional’s vision and strategy, inspiring innovation and growth.

“Throughout my career in basketball and business, I have relied on the advice of coaches and mentors to help bring out the best in me,” Butler said. “I’m excited to serve as a mentor for the next generation of wealth managers, who will play a crucial holistic advice role for investors and their families.”

The collaboration with the Wealth Management Center is a continuation of Dimensional’s longstanding commitment to providing emerging financial leaders with real-world learning opportunities.