Horizon Acquires LSA Portfolio Analytics OCIO Firm
Horizon, a Charlotte, N.C.-based wealth services firm, completed the purchase of LSA Portfolio Analytics, a Missouri-based provider of outsourced chief investment officer services.
Founded in 2005 by Brad Kasper and Ryan Kasper, LSA provides independent financial advisors with access to research, portfolio analytics and investment models, serving more than 200 advisory firms across the country.
“Brad and Ryan have built an impressive business and a reputation for producing the type of research, analytics and portfolio modeling approaches that have helped their clients navigate years of volatile markets,” John Drahzal, president and chief executive officer with Horizon, said in a statement.
Brad and Ryan Kasper will each join Horizon as directors of account management, consulting solutions, and will report to Austin Fitch, head of consulting solutions for Horizon.
According to report from Cerulli earlier this year, assets overseen by OCIOs have tripled in less than a decade, reaching $3.3 trillion by the end of 2024.
“The advisor-first philosophy that our two firms shared was obvious from our first conversation, and the opportunity to work with Austin and our other new colleagues to expand the reach of what we’ve built was a very exciting proposition,” Brad Kasper said in a statement.
The acquisition is Horizon’s third in the past 18 months, following completed acquisitions of Anfield Capital Management earlier this summer and Centre Asset Management in April 2025, the company said.
Horizon entered 2025 with no proprietary ETFs and now offers 16 active ETFs, collectively representing more than $4.5 billion in assets under management, according to the company.
