Times Union: Pioneer buys Hudson wealth management firm


"Pioneer has acquired Hudson Financial, a money management firm based in Hudson.

Terms of the deal were not revealed by the firms, although Pioneer said that Hudson Financial had $225 million in client assets it was managing. The acquisition would push Pioneer’s wealth management division’s assets under management to more than $1 billion for the first time. In 2015, Pioneer’s personal investment unit only had $30 million under management."

Read the full story from the Times Union here.