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EverBank names new boss for advisor-service group

FWR Staff

27 April 2007

Florida bank unit provides banking, lending services to 150 broker-dealers. Jacksonville, Fla.-based EverBank has made its former director of sales David Conover head of its Advisor Services Group , a unit that provides banking services to investment professionals and their clients.

Lending, etc.

In his new role Conover is responsible for overseeing the distribution and support of a range of banking solutions including domestic and world-currency deposits and residential and commercial real estate lending.

EverBank ASG supports more than 150 broker-dealers representing over 36,000 securities brokers and registered investment advisors.

Conover joined EverBank in December 2004. Prior to that he was with Merrill Lynch, where he was a director in the firm's private-client group, a financial advisor and senior v.p. of Merrill's trust company. He started his career at First Fidelity Bank .

EverBank has around $4.2 billion in assets. -FWR

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