Hudson Companies is an SEC-registered investment adviser based in Pearl River, New York, serving families with substantial wealth in Rockland County. The firm manages the investment portfolio and coordinates the other financial professionals in a family’s life, the accountant, the attorney, the insurance professionals, and any trustee, so that everyone is working from the same facts. Hudson is fee-only and acts as a fiduciary, putting the family’s interests first in every decision.
The Firm
Hudson Companies was founded in 2008 by Chris Conover, who continues to lead the firm. Chris began his career on Wall Street in 1995 and has lived in Rockland his entire life. He holds a BA in Economics and an MBA in Finance from Fordham University, and he began doctoral coursework there in behavioral economics.
That background shapes how the firm approaches a family’s balance sheet. Markets are only part of the picture. The decisions that matter most over time, when to sell a business, how to structure a trust, whether to hold or liquidate a concentrated position, how much liquidity a family needs before it can stop worrying, are rarely made by looking at a portfolio in isolation. They are made by looking at the whole picture and making sure the people responsible for each piece are working from the same information.
What the Work Looks Like
For a family with substantial wealth, the financial life is rarely a single account. It is a collection of moving parts: a portfolio, a business interest, real estate, trusts, and the tax consequences that follow from each. The portfolio is the center of Hudson’s work, but the portfolio does not exist in a vacuum. A decision about when to realize a gain affects the tax return. A decision about how to title an asset affects the estate plan. A decision about insurance coverage affects how much risk the family is actually carrying.
Hudson’s role is to manage the investment portfolio and to keep the other professionals coordinated. The accountant prepares the tax filings. The attorney drafts the legal documents. The insurance professionals place the coverage. Those responsibilities stay with those professionals, and Hudson does not replace them. What Hudson does is make sure that each of those professionals is working from the same set of facts, and that the family is not left to reconcile conflicting advice on its own.
Consider a family that has sold a business. The proceeds arrive, and suddenly there are decisions to make: how to invest the cash, how much to set aside for taxes, whether to fund a trust, how to think about charitable giving, and what to do about the insurance policies that were tied to the business. Each of those questions belongs to a different professional. Left alone, the family ends up carrying the coordination burden itself, often at the exact moment when it is least equipped to do so. Hudson’s work is to sit at the center of that group, keep the facts straight, and make sure the decisions are made in the right order.
Who the Firm Works With
Hudson works with families in Rockland County who have accumulated substantial wealth and who want a single point of coordination for the financial decisions that span multiple professionals. Some families come to the firm after a liquidity event. Some come after years of managing their own affairs and reaching the point where the complexity has outgrown the kitchen-table approach. Some come because a parent has died or is nearing the point where the estate plan needs to be executed, and the family needs someone to keep the professionals aligned.
The common thread is not a particular asset level or a particular profession. It is a family that has enough complexity to warrant coordination and enough at stake to want it done carefully. The firm’s work is not to take over a family’s financial life. It is to manage the portfolio and to make sure the other professionals are working from the same facts, so that the family can make decisions with confidence rather than guesswork.
Getting Started
A family that is considering working with Hudson can begin with a conversation. It is an opportunity to describe the family’s situation, to understand how the firm works, and to decide whether the fit is right. The goal is to determine whether Hudson’s approach, managing the portfolio and coordinating the other professionals, matches what the family actually needs.
To schedule a conversation, use the calendar link below. The firm’s office is at 1 Blue Hill Plaza, Pearl River, New York. The phone number is (845) 920-1600.
