BOSTON, April 4, 2011 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) announced today that Rodrigo Soto has joined the firm as vice president, Institutional Business Development, responsible for identifying and developing relationships with institutional investors and investment consultants. Mr. Soto is based in Seattle, Washington, covering the Western U.S. and Canadian territories. He reports to Scott P. Ruddick, managing director, head of Institutional.
"We are delighted to welcome Rodrigo to the Institutional team at Eaton Vance. He brings with him a base of strong relationships and more than 10 years of business development experience in institutional asset management," said Mr. Ruddick.
Prior to joining Eaton Vance, Mr. Soto was head of Institutional Sales in the Western U.S. at State Street Global Advisors (SSGA), responsible for sales, marketing and distribution of SSGA's passive, enhanced and active strategies. Earlier, he was vice president, West Coast business development officer at Standish Mellon Asset Management. Mr. Soto began his career at State Street Bank & Trust. He earned a B.A. in economics from Boston College.
Mr. Ruddick continued, "Having Rodrigo on board is a great step in the overall growth of the Institutional business at Eaton Vance. Our expansion of the business development team complements the tremendous growth in clients and assets within Eaton Vance and Parametric Portfolio Associates – a majority-owned subsidiary of Eaton Vance. He will be based in Parametric's Seattle headquarters, which strengthens our geographic team structure, deploying sales and relationship management resources in the field closer to our clients, consultants and prospects."
Eaton Vance is one of the oldest investment management firms in the United States, with a history dating to 1924. Eaton Vance and its affiliates managed $191.7 billion in assets as of January 31, 2011, 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.