Moving Up

* Linsco/Private Ledger Corp. of San Diego and Boston has named Herb Morgan, 37, senior vice president of advisory sales and marketing.

Mr. Morgan, who will be based in San Diego, will help expand LPL’s fee-based advisory business. He previously served as senior vice president and Western sales manager for Dreyfus Service Corp. of New York.

In addition, LPL has appointed Balu Balasubramanian vice president of insurance products marketing.

Mr. Balasubramanian, 40, who is also based in San Diego, will help boost LPL’s annuity and life insurance sales. Most recently, he was general manager of insurance products with Associated Securities Corp. of Los Angeles.

* Charles Schwab & Co. Inc. in San Francisco has added Robert N. Wilson to its board. Mr. Wilson, 62, is senior vice chairman of Johnson & Johnson in New Brunswick, N.J.

* AXA Advisors LLC of New York has named Christopher John Bissonnette a vice president in the firm’s Southwest division.

Mr. Bissonnette, 33, will oversee his district in California’s Orange County, where he is based. He has been a financial professional with AXA since 2002.

* Bank of America Corp. of Charlotte, N.C., has appointed Sheila Pierfelice manager of training and development for its private-bank unit.

Ms. Pierfelice, 37, will be based in New York and will train the 3,000 associates in Bank of America’s private bank. She was previously director of performance solutions at UBS PaineWebber Inc. of New York, where she developed a training strategy for its private bank’s transition to a new client-service approach.

In addition, A. Jeffrey George has been named senior vice president and private-client adviser for Bank of America’s private bank in Fort Lauderdale, Fla.

He previously worked for Atlanta-based Prudential Bank and Trust Co., where he helped develop the Florida trust strategy and provided wealth management solutions to the company’s affluent clients.

* The Phoenix Cos. Inc. in Hartford, Conn., has named Sue Ann Collins executive vice president, life and annuity products and operations. Ms. Collins, 49, previously was general manager and group actuary for ING Groep NV in Amsterdam, Netherlands.

* Loomis Sayles & Co. LP of Boston has appointed Mark E. Smith, 50, managing director of fixed-income operations. Mr. Smith most recently served as a managing director at JPMorgan Fleming Asset Management in New York.

* David L. Babson & Co. Inc. in Cambridge, Mass., has appointed William F. Glavin Jr. chief operating officer.

Mr. Glavin, 44, will oversee institutional sales, client services and product management, as well as portfolio accounting and administration. He joins Babson from Scudder Investments in New York, where he was president of Scudder Funds.

* Kasina LLC, a New York-based management consulting firm, has named Marcus A. Hebeler a European director. Mr. Hebeler, 34, will head kasina’s European consulting projects and business development efforts. Most recently, he was an investment manager at Skandia Innovation AB, the venture capital arm of Skandia Insurance Co. Ltd. of Stockholm, Sweden.

* RBC Capital Markets of Portland, Maine, has named Myles Zyblock chief North American institutional strategist.

Mr. Zyblock will be based in Toronto and will focus on sector, themes and style strategy.

Mr. Zyblock, 35, has spent the past two years as head of U.S. equity portfolio strategy at Brown Brothers Harriman & Co. in New York.

* Matthews International Capital Management LLC, the San Francisco-based adviser to the Matthews Asian Funds, has named Melinda Li managing director for marketing and sales.

Ms. Li, 40, previously held marketing positions within Charles Schwab & Co. Inc.’s mutual fund and institutional divisions in San Francisco.

* TradeWeb, an online fixed-income trading company based in Jersey City, N.J., has named Jack Mahoney director of research and marketing.

Mr. Mahoney, 39, will preside over the development of a new series of statistical reports and analytical services and manage TradeWeb’s U.S. public relations activities.

He previously was a managing director of fixed-income operations at Greenwich (Conn.) Associates.

* Frank Russell Co. in Tacoma, Wash., has hired James F. Shields Jr. as assistant director, new-business development, for the multimanager investment services firm’s U.S. distribution business.

Mr. Shields, 37, will be based in Philadelphia and will be responsible for evaluating and developing new distribution relationships with registered investment advisers in the Eastern United States.

Most recently, Mr. Shields was director of investment services at Friedman Billings Ramsey Group Inc. in Arlington, Va., where he marketed and sold financial solutions to independent broker-dealer firms and RIAs.

* Dresdner Bank AG, a Frankfurt, Germany, subsidiary of insurer Allianz AG, has named Diane Garnick chief U.S. portfolio strategist.

Ms. Garnick, 36, will oversee the formation of an 11-member global portfolio trading and derivatives team in New York.

She previously served as global investment strategist at State Street Global Advisors, the asset management arm of Boston-based State Street Corp.

* Wintrust Financial Corp. in Lake Forest, Ill., has named James F. Duca II executive vice president of wealth management.

Mr. Duca, 45, remains president and CEO of Chicago-based Wayne Hummer Trust Co. and Wayne Hummer Asset Management.

* Burnham Financial Group in New York has named Stephen Blum, 50, a managing director. He held the same title at Chartered Capital Advisers Inc. in New York.

* FleetBoston Financial Corp. has promoted Caterina de Pasquale, 35, to senior vice president and district manager in New York, from vice president and regional sales manager.

* Black Diamond Asset Management LLC has named John Hausladen and Stephen Slack managing directors.

The Park City, Utah, firm is the adviser to Black Diamond Funds, a recently launched group of principal-protected funds focused on active management of leading U.S. stock market indexes.

Mr. Hausladen and Mr. Slack will be responsible for wholesale sales and support of key broker-dealers in certain regions of the Eastern United States.

Mr. Hausladen, 49, previously was vice president of national accounts for the business services group of GoldK Inc. of Waltham, Mass.

Mr. Slack, 62, most recently served as first vice president/senior wholesaler for Salomon Brothers Asset Management of New York.

* MassMutual Financial Group in Springfield, Mass., has named John Carlson vice president of annuity sales operations.

Mr. Carlson, 47, previously was with CIGNA HealthCare in Bloomfield, Conn., where he was vice president of national accounts and sales operations.

Before joining CIGNA, he spent four years with Bankers Systems Inc. of St. Cloud, Minn., as vice president, sales.

* Houlihan Lokey Howard & Zukin, an international investment bank headquartered in Los Angeles, has appointed Gary R. Denning, 35, a director in its Atlanta office.

Mr. Denning will be responsible for providing mergers-and-acquisitions and financing services to chemical, packaging and other industrial companies as part of the firm’s basic-industries group.

Mr. Denning was a managing director in the industrial products and services group at Bear Stearns Cos. Inc. in New York, where he was responsible for the initiation and execution of M&A and leveraged-finance transactions for chemical, packaging and plastics companies.

Houlihan Lokey Howard & Zukin also has appointed Todd L. Merkle a vice president.

Mr. Merkle, 33, will handle the investment banking, financial opinion and valuation services within Houlihan Lokey’s real estate group.

Mr. Merkle previously was a vice president in the real estate investment banking group of Merrill Lynch & Co. Inc. of New York.