Pioneer Investments is boosting its coverage of registered investment advisors with the addition of Brian Kilar as a wholesaler for the RIA channel. He is located in Chicago and covers the Midwest/Southeast region.

Kilar joins Pioneer from Managers Investment Group in Chicago, where he covered the RIA market in the Mid Atlantic and Southeast Region. Pioneer's RIA team now totals eight.

In addition, Pioneer has increased the number of regional consultants, who serve as "hybrid" wholesalers splitting their time between home office support and working with clients in the field, from one to three.

"The RIA market is one of the fastest-growing market segments for Pioneer, and the changes will help us reach a broader range of customers and provide better support," stated Laura Palmer, National Sales Manager and head of the RIA team.

Hung Tran writes for Money Management Executive.