Skip to main content
Enter search terms below…

Member News

Pioneer Expands Wealth Management Division, Exceeds $1B in Assets Under Management, With Acquisition of Hudson Financial LLC



Albany, NY – Pioneer, a leading financial institution in New York’s Capital Region, today announced it has acquired Hudson Financial LLC, an independent advisory firm based in Hudson, NY. Through this expansion, Pioneer’s Wealth Management division increases its portfolio of assets under management to more than $1 billion, gains proven financial expertise, and broadens the recognition of Pioneer as “More Than a Bank.”

This acquisition further accelerates the rapid growth of Pioneer Wealth Management, with assets under management rising sharply from $30 million in 2015 to now exceed $1 billion. With a portfolio that includes $225 million in assets, Hudson Financial has provided investment management and strategic wealth planning services for individuals, families and businesses for more than
15 years.

“Pioneer is committed to providing a wide range of seamless, integrated products and services under one roof that enable people, families, and businesses to achieve their financial goals,” said Pioneer President and CEO Tom Amell. “The smart and sustained growth of Pioneer Wealth Management, enhanced by the addition of respected, successful and like-minded institution Hudson Financial, represents further momentum in our mission of being ‘More Than a Bank.’”

“We are thrilled to join an organization firmly focused on serving the best interests of its clients and community,” said James Armstrong, Managing Partner of Hudson Financial. “I’m energized by Pioneer’s resolute commitment to long-term support and stewardship, and excited to give clients access to a broader suite of proactive financial solutions that put them on the path to financial independence.”

As part of Pioneer Wealth Management, Hudson Financial will retain its employees, maintain its office in Hudson, and continue to utilize LPL Financial, the nation’s largest independent broker-dealer. The firm will now be known as Hudson Financial, a subdivision of Pioneer Wealth Management.

“We are delighted to welcome the outstanding professionals at Hudson Financial to our exceptional team at Pioneer Wealth Management,” said Joseph Geis, Vice President of Pioneer Wealth Management. “With demonstrated expertise in financial services, a strong commitment to its clients, and a steadfast focus on integrity, Hudson Financial is perfectly aligned with Pioneer’s core values. They will be a tremendous partner as Pioneer Wealth Management continues its rapid growth.”

As a subdivision of Pioneer Wealth Management, Hudson Financial will reinforce and expand its capabilities in its core areas of expertise: investment management, including asset allocation, income strategies and tax-advantaged investments; retirement planning, including pre-retirement savings plans, retirement plan evaluation and retirement income planning; college planning, including education savings strategies and 529 plans; and estate planning, including asset and wealth transfer, and beneficiary review.

Albany, NY and Clifton Park, NY – October 6, 2025 – CDPHP®, a physician-founded, member-focused, and community-based not-for-profit health plan, has teamed up with GTM Payroll & HR, a leader in payroll, human resources, insurance, and employee benefit solutions, to offer comprehensive health benefits to clients of GTM’s Professional Employer…
FOR IMMEDIATE RELEASE CONTACT:  Edward Parham VP of Public Relations Rueckert Advertising and Public Relations Tel: (518) 446-1091   MARIA COLLEGE PARTNERS WITH 24 HUMAN SERVICE ORGANIZATIONS TO EXPAND EDUCATION ACCESS FOR HEALTHCARE WORKERS   ALBANY, N.Y. (October 3, 2025) — Maria College today announced a partnership with 24 Capital Region human…
Dear Community Members, We are pleased to share an exciting opportunity for Rensselaer County residents and grassroots organizations. The “What If…” Mini Grant Program is designed to support small-scale projects (up to $5,000) that bring people together and create positive change in our community. Eligibility Open to all residents of Rensselaer…
Oct
21
Join us for our October Rising Professionals Meeting. This month's topic will be announced via email soon. Please stay tuned for this month's speaker.  …
Tuesday, October 21, 8:30am-9:30am
Nov
05
Is your company growing? Join us for our job fair in partnership with HVCC. Students, unemployed individuals, and employed individuals looking for a…
Wednesday, November 5, 10:00am-2:00pm
Nov
12
The 1 Million Cups Monthly Meetings are happening throughout 2025 in the Chamber's 1st Floor Conference Room. Held every second Wednesday of the month,…
9:00am -10:00am