How To Get Started With Private Wealth Management Paramus

Hudson Companies is an SEC-registered investment adviser that provides private wealth management for families in Paramus, New Jersey, and across Bergen County. The firm manages investment portfolios and coordinates the broader financial decisions that come with substantial wealth—so that a family’s money, tax strategy, legal structure, and insurance work together rather than in separate silos.

Hudson was founded in 2008 by Chris Conover, who still leads the firm today. Conover began his career on Wall Street in 1995, and he has lived in Rockland County his entire life. He earned a BA in Economics and an MBA in Finance from Fordham University, and he began doctoral coursework there in behavioral economics. That combination—practical markets experience, formal finance training, and a focus on how people actually make decisions—shapes how Hudson works with clients.

The firm’s office is in Pearl River, New York, but the work reaches across the New York–New Jersey border. Families in Paramus and the surrounding towns often find that their financial lives are spread across multiple advisors: an accountant, an attorney, an insurance broker, perhaps a trustee. Hudson’s role is to manage the portfolio and to make sure those other professionals are all working from the same set of facts. The family pays Hudson directly. That is the only way the firm is compensated—no commissions, no product sales, no hidden incentives. Hudson is a fiduciary, which means its legal obligation is to act in the client’s best interest. That is not a slogan; it is the structure of the engagement.

Hudson does not prepare tax returns, review legal documents, or sell insurance. Instead, the firm coordinates the professionals who do. When a family’s situation changes—a business sale, an inheritance, a new estate plan—Hudson makes sure the accountant knows what the portfolio is doing, the lawyer understands the liquidity needs, and the insurance advisor sees the full picture. The goal is to keep the family’s plan in one place, so that no decision is made in isolation.

For a family in Paramus searching for private wealth management, the question is often: What exactly will this firm do for us? The answer is straightforward. Hudson will take responsibility for the investment portfolio—asset allocation, security selection, rebalancing, and monitoring. That means regular communication, shared information, and a clear understanding of how each piece fits into the whole. It is not a one-time plan that sits in a binder; it is an ongoing process.

Consider a family that owns a closely held business and also has a trust for the next generation. The business may generate uneven cash flow. The trust may have its own distribution rules. The family’s personal portfolio needs to be positioned to handle both expected and unexpected needs. Hudson would work with the family’s CPA to model the tax impact of business distributions, with the estate attorney to ensure the trust’s investment policy aligns with its purpose, and with the insurance advisor to confirm that coverage is adequate for the family’s liabilities. Then Hudson would manage the portfolio accordingly—not just picking stocks, but making sure every investment decision is made with the full context in mind.

That kind of coordination is rare. Many families work with a broker who sells products, or a financial planner who creates a plan but does not implement it, or a bank that offers a generic managed account. Hudson is different. The firm is small enough to give personal attention, but experienced enough to handle complex situations. Conover’s background in behavioral economics is particularly relevant here. He understands that families often make emotional decisions during market volatility or major life events. Hudson’s job is to provide a steady, disciplined approach—not to react to headlines, but to stick to a long-term strategy that is designed around the family’s actual goals.

For families in Paramus, the proximity to New York City means there are many financial firms to choose from. But most of those firms are large institutions with a one-size-fits-all approach. Hudson is independent and fee-only, which means the firm’s only incentive is to do what is best for the client. There is no proprietary product to push, no trading desk to feed, no quarterly sales target. The relationship is built on trust and transparency.

Hudson’s clients are families with substantial wealth—often business owners, executives, or multi-generational families who have accumulated assets over time. They come to Hudson because they want a single point of accountability for their financial life. They do not want to be the one who has to remind their accountant about the capital gains from last year’s sale, or tell their lawyer about the new trust they set up. They want a professional who already knows those details and can act on them.

The firm’s process begins with a conversation. Hudson will take the time to understand the family’s situation, goals, and concerns. That includes not just the numbers, but also the personal dynamics—how the family makes decisions, what they worry about, what they hope to achieve. From there, Hudson develops a comprehensive investment strategy that is tailored to the family’s risk tolerance, time horizon, and cash flow needs. The portfolio is then managed actively, with regular reviews and adjustments as circumstances change.

Hudson also provides ongoing coordination with the family’s other advisors. This might mean quarterly calls with the accountant, annual reviews with the estate attorney, or a conversation with the insurance broker when a policy comes up for renewal. The firm does not replace those professionals; it works alongside them. The result is a cohesive plan that is more than the sum of its parts.

For a family in Paramus, private wealth management is not just about investment returns. The firm is SEC-registered, which means it meets rigorous standards for transparency and accountability. The office is located at 1 Blue Hill Plaza, Pearl River, New York—a short drive from Paramus.

To talk with Hudson, Schedule a conversation or call (845) 920-1600. The office is at 1 Blue Hill Plaza, Pearl River.

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Picture of Chris Conover

Chris Conover

Chris Conover founded Hudson in 2008. He leads a fee-only fiduciary practice from Pearl River and works with high-net-worth families.

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