Overview
 
Eaton Vance has been in the investment business for more than 75 years, tracing its history to two Boston-based investment managers: Eaton & Howard and Vance, Sanders & Company. In 1924, Charles Eaton, Jr. and John Howard established Eaton & Howard as an investment counseling firm to manage individual accounts in what they believed would become a promising new financial service. In 1959, Vance, Sanders & Company, Inc., founded in 1944 and a major distributor and manager of mutual funds, offered shares and became a publicly owned company. In 1979, Vance, Sanders acquired Eaton & Howard and its advisory contracts and became Eaton & Howard, Vance Sanders, Inc., with combined assets under management of over $1.1 billion. The firm shortened its name to Eaton Vance in 1985.
Eaton Vance's principal business is creating, managing and marketing mutual funds while providing investment management and counseling services to institutions and individuals. Eaton Vance currently has approximately $50 billion in assets under management, with more than 70 broker-sold mutual funds owned by approximately one million shareholders. Eaton Vance also has over 800 individual and institutional accounts, including those of corporations, hospitals, retirement plans, universities, foundations and trusts. Eaton Vance today offers a full line of mutual funds and related financial products. The firm is recognized as a leader in Comprehensive Wealth Management, working with our investment professional partners to help clients grow wealth, preserve wealth, and distribute wealth to family and charitable organizations.
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