The company also announced that Fundamentum has been rebranded as Stratos Investment Management.
Lance Lively left a 19-year career at Edward Jones to join Ameriprise's independent channel.
WaterStone Investment Council became MAI's 35th acquisition since 2018.
Roberto Vargas joined Centennial Financial Services from J.P. Morgan Securities.
David Yeske is taking over as chair of the board of directors.
The addition is part of an aggressive growth plan, the Los Angeles-based firm said.
Led by Robert Drake, Drake Financial Services manages approximately $100 million in client assets.
The move positions the Georgia firm to become an acquirer, Kestra said.
Waycross, Ga.-based BYRT Financial Advisors, led by managing partner Matthew Tuten, joins Kestra from Avantax
Boersen, 35, is managing partner for Straight Path Wealth Management in Michigan.
After a yearlong hiatus, David Nolet has launched a full-service multifamily firm in Fort Worth.
Chairman James L. Fox will serve as interim CEO starting April 1, the company said.
Hopkins joined the Pennsylvania private wealth group in October after exiting Carson Group.
Buffalo Capital Management is led by Will Gungoll, who previously spent 16 years as an advisor at Edward Jones.
She joins Edelman from private stocks marketplace Forge Global.
Lee Baker is the founder of Atlanta-based Apex Financial Services and past president of the FPA's Georgia chapter.
Brian Dowhower will be responsible for planning for UHNW, HNW and affluent clients.
Advisor Sheridan O'Connor and office manager Sarah Richardson operate as the O'Connor Wealth Group of Durham, N.C.
Mark Hills and Uri "Chip" Doolittle V of Manilius, N.Y., were previously with Osaic.
Scott Skinner will oversee eight branch offices and 73 financial advisors with $13.2 billion in client assets.