Paul Brown

Investing, Small Business, Lifestage Based Planning
“With more than 20 years experience, Paul Brown is uniquely positioned to help business and practice owners, career professionals and self-employed individuals successfully navigate the complexities of their total wealth picture.”

Clearstone Wealth Management LLC/IPI Wealth Management Inc.

Job Title:



For more than twenty years, Paul Brown has worked closely with business owners, partners, professionals and family leaders to design and implement effective strategies for their company’s growth, renewal, turnaround and succession. After working as a consultant for Moss Adams, one of the nation’s largest accounting and consulting firms, he became convinced that standardized approaches and cookie-cutter solutions seldom produce lasting, meaningful results. He took a different approach; one that focused on meeting the unique needs, challenges and expectations owners face throughout the life-cycle of their business or professional practice.

Paul has been a hands-on advisor and "interim executive" in the financial industry and has worked with firms and privately owned businesses throughout the United States, including Hawaii and Alaska, and in Eastern Europe.

He started Clearstone Wealth Management, a fee-only investment advisory firm, to help business owners, family enterprises and career professionals prepare for when they face the unique challenges that come when their business, investments and other sources of income and wealth converge to support their long-term and legacy goals.

In addition to having a graduate degree from Bellevue University, Paul is a proud member of the University of Iowa Alumni Association (Go HAWKS!) and a life-long fan of the Chicago CUBS. Yes, he had tears in his eyes when the CUBS won the 2016 World Series.

In his spare time, Paul plays golf, skis and enjoys his family. In warm weather, he can be found riding his motorcycle through one of the area's beautiful mountain ranges.


MA, Leadership, University of Iowa and Bellevue University

Assets Under Management:

$900 million

Fee Structure:


CRD Number:



Investment advice offered through IPI Wealth Management, Inc., 226 W. Eldorado St. Decatur, IL 65222. PHONE: 217-425-6340. Clearstone Wealth Management LLC is not affiliated with Investment Planners, Inc. or IPI Wealth Management, Inc.

All Articles
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July 2017
    Retirement Savings, Small Business
June 2017
    401(k), Retirement Plans, Retirement Savings
June 2017
    Small Business
June 2017
June 2017
    Exit Strategy, Small Business, Investing

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    Small Business Taxes
Will filling out a W-9 form on my closed business require me to pay taxes?
100% of people found this answer helpful

I would assume that when you first made the deposit you claimed a deduction for that expense. Using simple math this means that if you had a $100,000 profit you would have been able to deduct your $4000 deposit and pay taxes on just $96,000. 

Now, years later, you will have to give an account for the $4000 that comes back into your account. You can 1) ignore it in the hope it will go away; or 2) claim it as income. If you've claimed the deduction you will need to claim the income (sorry ... it's just the way things work). However, if you did NOT claim the initial deposit as a deduction then you will not need to claim the income. Even if you have received a W9. 

June 2017
    Stocks, Small Business Financing
How do I regain unclaimed private shares when selling my company?
100% of people found this answer helpful
June 2017
    Career / Compensation, Small Business
How do I determine the percentage of shares and ownership to my staff and investors?
100% of people found this answer helpful
June 2017
    ETFs, IRAs, Taxes
Is it better to invest in ETFs through a brokerage account or a non-deductible IRA?
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June 2017
    Debt, 401(k), Real Estate
How should I draw from my 401(k) to pay off a mortgage?
100% of people found this answer helpful
June 2017