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DFA `commissioned' to plant fee-only tree in Canada; Recruited by advisers north of the border.(News)
Investment News, October, 2003
Byline: Brooke Southall The fee-only financial advisory model has taken root in Canada about as well as palm trees. But one money manager thinks that is about to change, and it is laying the groundwork to gather assets north of the border. Santa Monica, Calif.-based Dimensional Fund Advisors Inc.
is setting up an office in Vancouver, British Columbia, because it sees an emerging class of advisers that are ravenous for mutual funds with low expenses, index-based strategies and supporting asset-allocation research. "The time is right for our approach to ...
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