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                                                                    Exhibit 24.2



                       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
February 15, 1995, which appears on page 50 of the 1994 Annual Report to
Shareholders of United Asset Management Corporation, which is incorporated by
reference in United Asset Management Corporation's Annual Report on Form 10-K
for the year ended December 31, 1994.  We also consent to the incorporation by
reference of our report on the Financial Statement Schedules, which appears on
page F-1 of such Annual Report on Form 10-K.  We also consent to the reference
to us under the heading "Experts" in such Prospectus.



/s/ Price Waterhouse LLP
- ------------------------------
Price Waterhouse LLP
November 17, 1995
