BOSTON, Oct. 15, 2012 /PRNewswire/ -- Eaton Vance Investment Counsel (EVIC), a subsidiary of Eaton Vance Corp., today announced that Beth S. Milkovits, CFP has joined EVIC as Vice President of Sales & Business Development, responsible for increasing positive asset flows by developing and implementing a sales and marketing strategy targeted to high net worth individuals and families, foundations and endowments as well as consultants and advisors. Ms. Milkovits is based in Boston and will report 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 July 31, 2012 EVIC's 19 investment counselors managed $4.2 billion of client assets. Prior to joining EVIC, Ms. Milkovits served as Director of Development for The Boston Foundation. During her tenure there, she was responsible for raising outright gifts to The Boston Foundation from new donors, cultivating the Professional Advisor community to increase the quantity and quality of donor referrals, presenting at Professional Advisory Firms, and managing ongoing relationships with existing Advisors and Professional Advisor groups. "We are extremely delighted to welcome Beth to the EVIC team," said Mr. McCabe. "Throughout her career, Beth has demonstrated her ability to work with advisors to cultivate strong client relationships and deliver customized, relevant solutions that meet their needs. With her impressive leadership skills, Beth is an ideal addition to the EVIC team and I expect she will be critical to the expansion of our business." Ms. Milkovits has extensive experience working with affluent families and non-profit organizations to develop financial plans that help them achieve their goals. She is a Certified Financial Planner, as well as a board member of the Financial Planning Association of Massachusetts, Boston Estate Planning Council Member, and Business Associates Club Member. Ms. Milkovits holds a B.A. from Colby College. 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 $198.2 billion in assets as of September 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.