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Significant Accounting Policies (Policy)
6 Months Ended
Apr. 30, 2014
Significant Accounting Policies Policy [Abstract]  
Basis of presentation policy

In the opinion of management, the accompanying unaudited interim Consolidated Financial Statements of Eaton Vance Corp. (“the Company”) include all adjustments necessary to present fairly the results for the interim periods in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Such financial statements have been prepared in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures have been omitted pursuant to such rules and regulations. As a result, these financial statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Company's latest Annual Report on Form 10-K.

Income tax policy

The Company records a valuation allowance when necessary to reduce deferred tax assets to an amount that is more likely than not to be realized.