The firm is working on reducing the number of funds on its platform further and will be converting some funds investors hold from C shares into A shares.
Online brokerage platform also plans to open 600 new investment centers by 2020.
Firm admitted it failed to file 'suspicious activity reports' on numerous suspicious transactions, the SEC says.
One factor was the competition for NPH advisers as IBDs record double-digit increases in the amount spent on forgivable loans.
The former chief accounting officer was sentenced to time served for her role in the fraud that led to the unraveling of Nicholas Schorsch's real estate-based empire.
The five-member team will be based in Miami, Houston and New York.
The brokerage's focus on digital could be a way to retain younger clients or an effort to catch up with Merrill.
The president of the company's wholesaling broker-dealer is the latest senior executive to leave.
The veteran brokerage executive, who bought Advisor Group in 2016, owned Cetera once before.
Some clients using Goldman's program will be able to obtain a loan in days, instead of weeks.
