Specialization

• Estate and trust planning and preparation
• Financial planning
• Succession planning
• Tax planning, consulting, and preparation
• Closely held businesses and owners
• Construction contractors
• High-net-worth individuals
• Manufacturers
• Medical and healthcare
• Nonprofits
• Professional athletes and coaches
• Professional service firms

Experience

Phillip Beaman, CPA, serves as President, CEO, and Partner Shareholder at Monroe Shine & Co., Inc., where he has dedicated his career to helping clients achieve their financial goals since 1999. With more than 25 years of experience, Phillip blends technical expertise with a strong leadership presence, guiding both clients and the firm toward long-term success. 

He works extensively with closely held businesses, nonprofit organizations, and high-net-worth individuals to design forward-looking tax and financial strategies that foster growth, stability, and succession readiness. His client base spans industries such as construction, manufacturing, healthcare, and professional services, as well as professional athletes and coaches who rely on his trusted counsel for both business and personal financial matters.

As a Partner since 2009 and the firm’s President and CEO, Phillip not only provides hands-on client service but also shapes Monroe Shine’s vision and strategy, ensuring the firm delivers innovative solutions and maintains its strong reputation for client care. His ability to connect business goals with practical tax and financial planning makes him a valued advisor and leader for clients and colleagues alike.

Certifications

• Certified Public Accountant (CPA) – Licensed in Kentucky

Professional Memberships

• American Institute of Certified Public Accountants (AICPA)
• Kentucky Society of CPAs (KYCPAs)
• CPAmerica International

Awards & Recognition

• Louisville Business First, 20 People to Know in Accounting Honoree (2022)
• Monroe Shine, Public Service Award (2017)
• Monroe Shine, Public Service Award (2011)
• Louisville Business First, 40 Under 40 Honoree (2009)
• One Southern Indiana, Chairman of the Year Award (2008)
• Monroe Shine, Monroe Shine Fellowship Award (2000)
• Eagle Scout, Scouting America

Community Involvement & Volunteering

• The Falls of the Ohio Foundation, Board of Directors (Current); Treasurer (Current)
• Homeless Coalition of Southern Indiana, Board of Directors (Current); Treasurer (Past)
• Sam Shine Foundation, Board of Directors (Current)
• American Red Cross Clark County Chapter, Board of Directors (Past)
• Community Foundation of Southern Indiana, Board Chair (Past); Treasurer (Past)
• Southern Indiana Estate Planning Council, Board President (Past)
• Scouting America, District Committee Chair (Past)
• One Southern Indiana – Youth Entrepreneur Success (YES) Program, Co-Chair (Past)

Education

• Bachelor of Science in Accounting – University of Kentucky