Neal A Clements
Managing Director | CPA, PFS, ABV
Indiana University – Kelley School of Business: BS, Accounting
Neal is the Managing Director at Pile CPAs as well as a Wealth Advisor with Pile Wealth Management.
Neal is a graduate of Indiana University’s School of Business and began his accounting career in 1984. He has a background in tax compliance and assurance work with closely held businesses in construction, manufacturing, distribution and service industries.
Neal is Accredited in Business Valuation by the AICPA and provides business valuation services related to gift and estate planning, mergers and acquisition, buy/sell agreements, succession planning, and ownership transition planning.
As a Personal Financial Specialist, accredited by the AICPA, he assists business owners and our high net-worth clients meet their personal financial goals. He provides financial strategies that incorporate tax planning, risk management, retirement funding, business succession, estate planning and charitable giving.
In 2009, Neal became President of Pile Wealth Management and continues to serve as a Wealth Advisor. His experience in financial analysis, personal finance planning, business valuation and tax compliance provide the background to provide our wealth management clients with investment advice based on academic research with a structured methodology, not speculative opinion.
He believes in modern portfolio theory and provides portfolio construction and management using investments designed to provide exposure across all asset classes, with low expenses and with diversification around the world.
- Indiana CPA Society – Member Since 1985
- AICPA – Member Since 1990
- Personal Financial Planning Section of the AICPA – Member
- Forensic and Valuation Section of the AICPA – Member
It depends. My favorite color of sky is blue; my favorite color of grass is green. My least favorite color of car is black because you have to wash it all the time; I’m not sure why I bought one.
When Libby and I started dating in 1980, she told me that I should probably go back to school. I can’t remember her exact words, but I got the point. I would have been content living in a cabin in the woods or in a van down by the river. I don’t think Libby wanted to live in a van. Her plan was much better than mine.
At the end of the day…. When I get home, my 10 year old puppy dog is always so happy to see me. I think, mainly because that is when I feed him. But, nevertheless, he is always happy to see me and that makes me smile.
I am definitely a morning person. I am normally up at 5 or 5:30. On a day off I may sleep until 6:00. Why? Because it is a new day and its time to get up and get something done. And because I was asleep at 9:00.
In the early 80s, I was working full-time in the construction industry and attending IUPUI part-time with the anticipation of a career in either engineering or construction management. By December 1982 mortgage interest rates hit 18%. All construction stopped, with no relief in site. Since I was unemployed, I decided it may be a good time to become a full-time student and to go into accounting since it was less affected by the economic cycles.
In the summer enjoy bicycling and it seems that I spend a lot of my time doing landscape maintenance. Although I am not sure that I enjoy landscape maintenance, I do enjoy the end result. In the winter I enjoy skiing, although I only get one ski trip a year due to my work schedule; and I enjoy ATV and motorcycle riding year around.
Chinese Proverb: “The best time to plant a tree is 20 years ago, the second best time is today.” I like this because it applies to financial planning as well as to forestry. It is never to early to start saving and investing and it is never too late. However, earlier is better.
- Coffee or Tea?
- Danville, IL
- Favorite Food
- Salmon: smoked, grilled, or roasted!
- Favorite Vacation / Travel Spot
- Colorado, ski in the winter, hike and mountain bike in the summer.
- Otis – 10 year old Puggle. He’s a pug when he is inside and a beagle when he is outside.
- In high school, everyone called me Clem, even teachers. I think some did not know my real name.