Eaton Vance Distributors Inc. said Tuesday it has tapped a key executive to oversee its effort to market mutual funds through financial advisers.
The Boston-based mutual fund company promoted Cornelius J. Sullivan to senior vice president. Mr. Sullivan, who joined Eaton Vance in 1990, had been a vice president responsible for administration and client services, duties he will retain.
Eaton Vance has made a push in recent years to market its wares through fee-based advisers and institutional fund supermarkets, such as those run by Charles Schwab & Co., Jack White & Co., and Fidelity Investments.
The company, which is best known for its tax-exempt municipal bond funds, has expanded its offerings in recent years to include equity portfolios. Eaton Vance manages $21 billion in mutual funds.