CHARLOTTE, NC (April 22, 2025) – Horizon Investments, LLC, a leader in providing the financial advisor community with highly customized investment and technology solutions, is today sharing that its previously announced transaction to acquire a majority of the assets of Centre Asset Management has closed.
The addition of Centre, a New York-based active equity manager founded in 2006, to the Horizon suite of solutions is indicative of the firm’s ongoing efforts to enhance its fast-growing range of capabilities for financial advisors.
“As we discussed when we announced these plans in late 2024, the active equity expertise of Centre is a compelling addition to our in-house investment management team,” said John Drahzal, President & Chief Executive Officer of Horizon. “For over 30 years, Horizon has helped thousands of financial advisors build stronger, more efficient practices while delivering meaningful outcomes for their clients, and the insights and approaches that James Abate, who led Centre, and his colleagues now add to our arsenal come at a pivotal time in navigating these challenging markets.”
“Our clients count on us to deliver, because their clients count on them — James and his team recognize the critical role expectational certainty® plays in supporting our clients’ goals,” added Scott Ladner, Chief Investment Officer with Horizon. “I could not be more excited to be welcoming them as our colleagues and furthering the Horizon Investments mission together.”
“I am thrilled that we are now part of the Horizon family and believe now, perhaps more than ever, that our differentiated approach to fundamental security selection, is well positioned to play a major role in the construction and management of resilient and differentiated portfolios,” added Mr. Abate.
Mr. Abate will remain based in New York City, giving Horizon a physical in-market presence in New York for the first time.
