BOSTON, July 2, 2012 /PRNewswire/ -- Eaton Vance Investment Counsel (EVIC), a subsidiary of Eaton Vance Corp., today announced the appointment of William M. Gillen to the position of Vice President, Business Development. Mr. Gillen will be responsible for enhancing EVIC's presence in the marketplace and overall marketing efforts. He will also manage select client relationships. Mr. Gillen reports to David C. McCabe, President of EVIC.
EVIC provides investment counsel services and custom wealth management solutions to high-net-worth individuals and families, trusts, charitable organizations and institutions. As of April 30, 2012, EVIC's 19 investment counselors managed $4.2 billion of client assets.
Mr. Gillen joins Investment Counsel after spending the past 23 years with Eaton Vance Distributors, the subsidiary of Eaton Vance responsible for distribution of the firm's mutual funds, separately managed accounts, and alternative investments. Bill has held various Senior Management positions responsible for distribution through Banks, independent broker dealers and major brokerage firms.
"Bill's exemplary track record of success working for our affiliate for more than two decades makes him an ideal choice to lead our business development efforts," said McCabe. "Adding a skilled professional of Bill's caliber to our management team will help us more clearly articulate the range of sophisticated solutions we offer, as well as enhance how we partner with clients to address their most pressing needs."
Mr. Gillen has extensive experience working with affluent families and non-profit organizations to develop financial plans that help them accomplish their goals. He is a Certified Financial Planner and Certified Investment Management Consultant and holds a B.A. from the University of Massachusetts.
Eaton Vance Corp (NYSE: EV) is one of the oldest investment management firms in the United States, with a history dating to 1924. Eaton Vance and its affiliates managed $197.5 billion in assets as of April 30, 2012, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Corp.