EXHIBIT 23.1


                      CONSENT OF INDEPENDENT ACCOUNTANTS
                      ----------------------------------  

We hereby consent to the incorporation by reference in the Prospectus 
constituting part of this Registration Statement on Form S-3 of our report dated
January 31, 1996 appearing on page 40 of New England Investment Companies, 
L.P.'s Annual Report on Form 10-K for the year ended December 31, 1995.


PRICE WATERHOUSE LLP


Boston, Massachusetts
December 27, 1996