People

Betterment, Skience and Docupace filled out their C-suites, while Snappy Kraken closed a Series A round of funding and Envestnet deepened its Practifi partnership.

As chair of Maryland's Financial Consumer Protection Commission, Gary Gensler advocated for a client-first fiduciary standard for broker/dealers as well as 'anyone who holds themselves out as an advisor.'

As Blucora continues to face a proxy battle with activist investor Ancora, its former CEO, John Clendening, accuses the company of filing false statements.  

Madoff died in federal prison, where he was serving a 150-year term for defrauding clients of more than $19 billion in the largest Ponzi scheme in history.

Four former Bank of America Merrill Lynch advisors launched an independent practice via LPL's new Strategic Wealth Services affiliation model.

The mergers, acquisitions and advisor moves you may have missed that were announced the week of April 5–9, 2021.