A clip capable of magnetic attachment to a paintbrush or to a steel paint roller mesh tray. It has a hook arm extending from the body of the clip that enables a hanging attachment to a plethora of different sized paint cans and at different vertical angles. The clip may be used with continued attachment to the paintbrush where the paintbrush is hung on the paint can when necessary by the hook arm. It may also be used with continued attachment to a steel paint roller mesh tray and the paintbrush is magnetically affixed on the tray when necessary. A ferromagnetic backing cup may be used to direct the bulk of the magnetic flux to either side of the clip body.