Chris Walters, who has been a member of the company's board of directors since 2014, will replace John Clendening as president and CEO of Avantax Wealth Management's parent company.

Bluespring Wealth Partners announced it has acquired Retirement Wealth Specialists.

The Financial Services Institute has secured group health insurance for its advisors after years of attempts.

In related news, CEO Joe Duran will buy an apartment in New York, where Goldman is headquartered, an indication that he’ll continue to lead the business he built.

The firm began rolling out the new service for retail customers today and will continue to do so in the coming weeks.

While it will still represent the firm’s commitment to the fiduciary model, HighTower’s refreshed branding will focus more on its community of advisors and the holistic wellness of the end clients they serve.

Edward E. Matthes has agreed to settle the charges that he misappropriated funds from 26 brokerage and investment advisory clients.

The SEC's Office of Compliance Inspections and Examinations released a report cataloguing observations and best practices on cybersecurity measures found during examinations.