Asset Manager

Updated:

Eaton Vance

Eaton Vance is an SEC-registered investment adviser in Boston, MA, since 1981. It manages $97.0 billion in regulatory assets. The firm has 219 employees and...

Eaton Vance

Eaton Vance is an SEC-registered investment adviser in Boston, MA, since 1981. It manages $97.0 billion in regulatory assets. The firm has 219 employees and 160 investment advisers.

General information

Firm type

Publicly Traded Investment Manager

Year founded

1924

Location

Region

North America

Country

United States

City

Boston

Corporate office

Boston, MA, United States

Additional offices

New York · Stamford · Washington DC

Principals

Thomas E. Faust Jr.

CEO

John R. King

Head of Equities

Sector focus

EquitiesFixed IncomeAlternativesMunicipal BondsPrivate Credit

Frequently asked questions

Who runs investment decisions at Eaton Vance?

The firm operates with a multi-boutique structure where each investment team manages its own strategies independently. Thomas E. Faust Jr. stepped down as CEO after Morgan Stanley's acquisition; John R. King heads the equities division. Day-to-day portfolio decisions are made by respective strategy teams.

How does Eaton Vance source proprietary deal flow?

As a publicly traded asset manager, Eaton Vance sources investments primarily through public markets and traditional research. In its alternatives arm, sourcing comes from Morgan Stanley's institutional relationships and the firm's own credit research teams.

Is Eaton Vance structured as a family office?

No — Eaton Vance is a publicly traded asset manager that became a wholly owned subsidiary of Morgan Stanley in 2021. It does not operate as a family office. The firm manages assets for institutional and retail clients.

Does Eaton Vance participate in fund commitments or only direct deals?

Eaton Vance primarily manages commingled funds and separate accounts for clients. It does not act as a family office making direct principal investments. In alternatives, it offers closed-end funds like private credit vehicles.

What investment stages does Eaton Vance typically target?

Eaton Vance's core strategies focus on publicly traded securities — equities and fixed income across all market caps and credit qualities. Its alternatives business targets private credit and illiquid strategies typical of institutional investors.

Which sectors does Eaton Vance explicitly avoid?

No explicit avoidance sectors are publicly disclosed. As a broad asset manager, Eaton Vance offers strategies across most major sectors but does not have a stated negative screening policy at the firm level.

How is Eaton Vance related to Morgan Stanley?

Morgan Stanley acquired Eaton Vance in 2021 for $7 billion. Eaton Vance now operates as a brand within Morgan Stanley Investment Management, retaining its own investment teams and strategies while gaining distribution through Morgan Stanley's wealth advisor network.

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