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Sep 04, 2012

Chicago Family Business Council at DePaul University Welcomes GCG Financial as New Strategic Partner

CHICAGO— The Chicago Family Business Council at DePaul University welcomes GCG Financial as the council’s sixth strategic partner.

Strategic partners help underwrite the council’s mission and support it in many ways, including hosting educational programs for the organization and offering their services and guidance to council members.

Headquartered in Bannockburn, Ill., GCG Financial is a premier financial services firm built on a tradition of “doing what is right.” Its mission is to enhance the financial security of its clients. Whether serving a business or a family, it provides innovative solutions and the resources, expertise and support necessary to deliver an exceptional client experience.

Judy Hogel, executive director of the council, said, “It has been a long search by the executive committee to find the perfect strategic partner for the council. We are confident that GCG’s expertise is just what our members are looking for.”

New strategic partner Alan Levitz, CEO and president of GCG Financial, has been at GCG Financial since 1983. He is responsible for implementing the firm’s mission of providing clients with customized and innovative solutions that help enhance financial security and create wealth. The council also welcomes Marcus Newman, vice president of GCG Financial, who is the youngest GCG advisor ever elected to the executive board of the Chicago chapter of the National Association of Insurance and Financial Advisors. Newman speaks nationally on health care reform and how the new laws affect businesses.

As part of the new partnership, Newman will discuss the Affordable Care Act at a CFBC workshop that begins at 8 a.m. on Nov. 14 at Northwestern College in Bridgeview. In his presentation Newman will discuss how to calculate the maximum allowable cost for employees, and how the state insurance exchange will work and come into play for groups offering coverage to their employees.

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About CFBC

CFBC’s roots date back to 1993, when local businessman James P. Liautaud approached the University of Illinois at Chicago about underwriting an organization dedicated to family businesses. The Family Business Council welcomed its first members in 1994 and operated under UIC’s College of Business Administration for nearly two decades.

In 2011 the organization became an independent nonprofit organization and changed its name to the Chicago Family Business Council. CFBC formed an affiliation with DePaul University’s Driehaus College of Business in 2012, and the two organizations support each other through programming and other educational resources.

CFBC’s membership includes 135 people from 85 companies in an array of industries. Family-owned businesses make up 56 percent of our membership, while 28 percent are closely held organizations and 16 percent are other entrepreneurial businesses. Our members lead the organization, serving on the board of directors and overseeing CFBC’s strategic direction. For more information, visit www.chicagofbc.com

About DePaul’s Driehaus College of Business

Offering a highly respected, practical, real-world program of business study, DePaul’s Driehaus College of Business enrolls 4,249 undergraduate students and the Kellstadt Graduate School of Business has 2,115 graduate students. DePaul’s undergraduate business program offers a wide range of majors in accountancy, economics, finance, hospitality leadership, management, marketing and real estate. Graduates benefit from the college’s 56,000-strong alumni network. For more information about the College of Business, visit commerce.depaul.edu. For admission questions, call 312-362-8300 or email admission@depaul.edu.

About DePaul

With more than 25,000 students, DePaul University is the largest Catholic university in the United States and the largest private, nonprofit university in the Midwest. The university offers approximately 275 graduate and undergraduate programs of study on three Chicago and three suburban campuses. Founded in 1898, DePaul remains committed to providing a quality education through personal attention to students from a wide range of backgrounds. For more information, visit www.depaul.edu.


Media Contact: Judy Hogel  
312-362-7518,
judy@chicagofbc.com 


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Alan Levitz