Questions about Using Dimensional Funds through Betterment for Advisors
Advisors using Dimensional Funds through Betterment can create their own models from scratch or select from a range of pre-built models
What is the process for becoming approved for access to Dimensional Funds on the Betterment for Advisors platform?
Generally, you will go through an introductory and educational meeting with Dimensional Fund Advisors, after which you should be approved to access Dimensional Funds on our platform. This process can be accomplished in as few as 2 to 3 days. Please email firstname.lastname@example.org to kick-off the approval process.
If I am an advisor with access to Dimensional Funds, can I also access them on Betterment for Advisors?
Yes, if you are already an advisor with access to Dimensional Funds, you will also be able to access them on the Betterment for Advisors platform. Please contact us at email@example.com and we will enable access upon verification from Dimensional Funds.
If I already use Betterment for Advisors and have been approved by Dimensional, how long will it take me to get access to create and use Dimensional portfolios once I've made the request?
Once you’ve notified us via a message to support, we’ll update your Dimensional Funds status in the Betterment for Advisors platform within 2-3 business days. You’ll receive a confirmation email from us at that time.
If I'm new to Betterment for Advisors, how long will it take me to get access to Dimensional Funds once I've completed the process?
We typically review new firms on the platform within 5 business days. Please notify us during this time that you are approved to sell Dimensional Funds by sending a message to firstname.lastname@example.org. This will allow us to provide access to the Betterment for Advisors platform + Dimensional Funds as soon as your firm’s application is approved.
Will there be model portfolio templates available for me to use?
We have several templates available for administrators to use as a starting point. Each Dimensional Funds template portfolio corresponds to a specific allocation between equities and bonds and is intended to be broadly diversified. You can use these templates as a starting point. The colleague(s) who have administrator access to Betterment for Advisors will be able to create custom model portfolios using Dimensional Funds. This allows for adjustment of the funds included in the portfolio and their weights.
How do I create my own portfolio once approved?
Once your firm is approved for access to Dimensional Funds via Betterment for Advisors, your firm's admin person will be able to create model portfolios with Dimensional Funds. It’s easy to create and brand your own custom portfolios from scratch. Firm admins can create client portfolios directly from their Advisor Dashboard through 3 easy steps:
Select the “Portfolios” tab on the left
Choose the tab labeled “Dimensional Portfolios”
Select “Create Portfolio”
If additional members of your team need administrative access to the platform, simply have your firm’s primary contact notify us at email@example.com.
If you click the link above, Betterment may share your firm name with Dimensional in order to determine firm eligibility to use Dimensional Funds.