OBSFS was founded in April 2000 as Online Brokerage Services, Inc., with a focus on online discount trading. Later, OBSFS added the capability of providing bank trust departments sub advisor capabilities utilizing Dimensional Fund Advisor asset classes. Increasingly over the years, OBS’ emphasis shifted away from the online discount trading and was focused primarily as a sub advisor to Trust, Retail and Retirement Plan delivery models within Financial Institutions.
Today, OBSFS works with over 80 banks, credit unions and RIAs and has more than $1.5 billion in assets under management as of December 31, 2013.