RUSSELL J. WILSON*
With a closely held client portfolio that includes many construction companies and not-for-profit organizations, Russell and his team put their knowledge of these two distinct sectors to work to help clients minimize their tax liabilities and maximize cash flow.
After uncovering fraud at a not-for-profit client, the Porte Brown team provided interim accounting and advisory support, helping the client select the right personnel and software for its reporting needs.
When one construction company came to Porte Brown seeking assistance obtaining a line of credit, Porte Brown discovered that the company had been using the wrong accounting method and over-reported almost $500,000 in revenue. The Porte Brown team converted the company to the right accounting method, generated meaningful financial reports and helped it secure a line of credit and avoid bankruptcy.
"We have one of the largest teams of Certified Construction Industry Financial Professionals (CCIFPs) of any accounting firm in the Chicago area," said Russell. "Our depth of knowledge – in both the construction industry and the not-for-profit arena – delivers value to clients."
Like many Porte Brown partners, Russell began his career as a staff accountant at the firm. Porte Brown’s entrepreneurial approach allows employees to follow their strengths, develop expertise and contribute to client success. Russell became a partner in 2004.
B.S., Accounting, Elmhurst College, Elmhurst, Illinois
Certified Public Accountant
FINRA Series 7
FINRA Series 66
Illinois Life, Accident and Health Insurance
United Way of Elk Grove: President, Treasurer
O’Hare Illinois CPA Society: Officer
Village of Palatine: Managed free tax preparation services for residents with low incomes.
At Porte Brown we know that interesting people make for interesting stories. We pride ourselves on being relatable professionals with family, friends, interesting hobbies, and a deep appreciation for individual growth!
Did you know Russell...
• Has a favorite singer... Johnny Cash!
• Loves playing tennis!
• Loves cooking!
• Loves gardening!
• Does a lot of activities with his son!