A DIVISION OF GAI CAPITAL LTD.
FAMILY BUSINESS CONSULTANTS | FAMILY OFFICE CONSULTANTS |CORPORATE BOARD ADVISORS
Helping Families Create, Realize
& Preserve Shareholder Value
Case Study #1
THOITS BROS. INC. (Gen 3 & 4 Family Business)

George Isaac Consulting (GIC) was engaged to address shareholder alignment, governance, transition planning, communication and education issues.  “George’s work with our Board, CEO, and twenty individual shareholders demonstrated both sensitivity and care for both our business and individual stakeholders’ needs and concerns.  He was perceptive, analytical, detailed and a consensus builder.”

The project’s recommendations were accepted and with GIC’s assistance implemented by our Board and Family Council.  Specifically, GIC  improved our Board practices and communication policies, our Family Council effectiveness and scope, and our board and shareholder operating policies.  GIC also developed and presented a custom-designed family member “Boot Camp” education program for Gen 3 & 4.

Case Study #2
ROMANO BUSINESS VENTURES (Gen 2 Family Business)

We engaged George Isaac Consulting to help transition our family real estate business from Gen 1 to Gen 2. George’s ability to communicate complex issues and work well with each member of our family and outside advisors was critical in helping us implement significant improvements in governance and management structures; family dynamics, communications and transparency; business planning and financial modelling; LLC operating agreements and estate plans.

Over the past 1 1/2 years, George’s role evolved into helping us with new business development strategies, contract negotiations, financings, and risk management. He has been a pleasure to work with and will continue to serve as our trusted family advisor.

Case Study #3
JAS D. EASTON, INC. (Gen 2 Family Business)

We engaged GIC to evaluate how effectively Easton was managing its family business and overall family wealth. GIC’s ability to work and communicate with our executive team to develop the complex financial models to evaluate our business’ projected financials, capital needs, free cash flows, and resulting impact on shareholder returns was instrumental in helping us meet our wealth management objectives.

Based on your recommendations, we revised our business’ capital structure to significantly increase shareholder returns while retaining our conservative financial culture. Your roadmap to adjust our capital structure and shareholder distributions based upon specific risk-adjusted metrics will help us properly managing our family business and family’s wealth well into the future.

Case Study #4
Speedy Q Markets (Gen 2 & 3 Family Businesses)

George was engaged in a complex transaction to assist our family transition our family real estate and operating businesses from Gen 2 to Gen 3 ownership, management and governance. He addressed all aspects of family business transition including board governance, shareholder operating and employment agreements, financial planning & scenario testing, tax efficient ownership transfer and family wealth asset protection.

“George looked out for everyone involved in our family business while being impartial, and generally caring about each of us involved. The experience he brought in regards to complex business issues along with the tangible and intangible aspects of multiple-generational family businesses got us to exactly what we wanted to achieve”.

Case Study #5
JOHN S. FREY ENTERPRISES (Gen 1-3 Family Business)

George Isaac Consulting (GIC) was engaged to assist our Los Angeles based family business transition from Gen 1 to Gen 2 & 3 ownership (36 shareholders). As a consultant, George worked effectively in representing both active and passive shareholder interests and communicated well with all of our family members and their independent legal and tax advisers.

The project results included revised gifting and estate plans creating significant tax savings, the design and execution of a shareholders agreement and CEO employment contract, the formation of a Gen 2 & 3 special purpose entity to provide liquidity to both the business and family, and the creation of a board of directors with outside advisers.

Case Study #6
BETCO CORPORATION (Gen 2 & 3 Family Business)

Betco, a 2nd generation 60 year old Ohio based family manufacturing business sells a broad spectrum of specialty chemical products and equipment domestically and internationally. For 15 years, George Isaac has served on Betco’s board of directors and through GIC, provided management consulting services to Betco’s CEO and senior executive team.

Per Betco CEO, Paul Betz, “GIC’s strong strategic, financial/M&A, and operating skills contributed greatly to Betco’s successes”. Partially through GIC’s recommendations to improve manufacturing capabilities and initiate a multi-phased acquisition and diversification program, Betco’s sales tripled and profits increased by six fold.

George Isaac image
George Isaac

Testimonials

"…your congenial, gregarious personality combined with a laser-like focus on facts and analysis gives you the unparalleled ability to question and improve business without appearing to question or threaten management. Your recent management consulting services in the Los Angeles area was well received by our firm and our client's management team."
- S. Randy Lampert, President, Lampert Debt Advisors
"We were very pleased with your quality, timeliness and creativity… your ability to work with others and to communicate effectively and build trusting relationships in representing all constituents of the family resulted in significant benefits through revised gifting/estate plans and newly created succession/governance plans. "
- John Frey, President John S. Frey Enterprises

Overview

George Isaac Consulting (GIC), the Santa Barbara and Los Angeles, California based national management consulting division of GAI Capital Ltd., specializes in business consulting services to families, family businesses, and family offices. The firm was founded in 1999, built on a 30-year track record of executive management and consulting experiences in family businesses and family offices.

Our expertise encompasses all aspects of starting and maintaining a family enterprise, from the technical to the behavioral. We consult on a variety of family and business issues associated with transition planning and succession management, enterprise and family governance, family dynamics, business strategy/operating performance improvement and family business wealth realization management and protection strategies. Our proprietary work on the Family Wealth Evaporation Trap featured in numerous international publications outlines a process for families to properly manage family business and private equity assets as part of a family’s overall wealth portfolio through utilization of specific ongoing shareholder value realization and asset protection strategies.

Founder and Managing Principal, George Isaac, offers extensive direct family business credentials from his roles over the years as a CEO, shareholder, director, advisor, executive coach, and professional management consultant. He has served on 14 public and private corporate boards of which several were family businesses and has consulted on over 100 client engagements in a variety of industries. He currently serves as a senior program advisor, subject matter expert and Chairman of the Board of Advisors to USC’s Marshall School of Business Family Business Program.

Isaac’s experiences as a Deloitte management consulting partner, senior executive/corporate board member, private equity investor and member of the Young Presidents’ Organization (YPO) Family Business and Family Office Networks provides him with the unique perspectives of an operating executive, management consultant, and investor to deliver pragmatic, strategic and implementable counsel to his family clients.

We are pleased to provide a complimentary consultation to see if we can help or point you in the right direction. Please contact us today at gisaac@gaicapital.com or 805.969.6602 to set up a complimentary consultation or to request a conference speaking engagement.

Isaac Speaking Engagements

 

“Avoiding the Family Business Wealth Evaporation Trap”
USC Marshall School of Business

Family Business Program Spring 2-Day Workshop
Los Angeles, CA – May 18 & 19, 2017

 

“7 Critical Initiatives to Ensure Multi-Generational Family Business Survival & Growth”
USC Marshall School of Business

Family Business Program
Orange County, CA – April 12, 2017

 

“The Evolving Roles for the Founder and the Business
in a Successful, Multi-Generational Family Business”

USC Marshall School of Business Family Business Forum
Los Angeles, CA – October 6, 2016

“Family Business” vs. “Family” Wealth Management: Strategies to Meet Business and Family Objectives
Family Business Magazine’s Wealth Conference
Chicago, IL. – September 21-23, 2016

“Family Dynamics: Lessons Learned Working with the Family:” (Panel Moderator)
YPO Family Office Conference
Los Angeles, CA. – October 28, 2016

“Creating Long Term Value through the Management of Your Family Business”
USC Marshall School of Business Family Business Program
Los Angeles, CA. – April 27, 2016

“Business Wealth vs. Family ‘Realized’ Wealth” & “Giving the Kids Too Much – Too Early”
USC Marshall School of Business Family Business Forum
Los Angeles, CA. – October 8, 2015

“Risk Management of Private Equity & Family Business Assets in a Family Office”
Opal Financial Group Investment Trends Summit
Santa Barbara, CA. – September 28 – 30, 2015

“Managing Your Family Business to Meet Family, Business, & Shareholder Needs”
Vistage Presentation
Los Angeles, CA. – August 20, 2015

“Family Business Financial Boot Camp”
Gen 3, 4 & 5 “Next Gen” Training Program
Palo Alto, CA. – August 7, 2015

“Family Business Wealth Management in a Family Office”
IvyPlus Family Office Trends
Los Angeles, CA. – March 19, 2015

“Family Businesses as an Investment Asset”
Direct Investment & Deal Flow Summit
Chicago, IL – May 8, 2015

“Private Company Governance & Shareholder Wealth Realization Challenges”
Private Company Governance Summit
Washington, D.C. – May 13-15, 2015

“Asset Allocation Strategies
Inclusive of a Family Business”
Opal Financial Group Investment Trends Summit
Santa Barbara, CA. – Sept. 8-10, 2014

“Family Office Governance &
Succession Strategies”
Opal Family Office & Private Wealth Mgmt. Forum
Napa, CA. – Oct. 23-25, 2013

“Inspirational Lessons Learned
as a Family Enterprise CEO”
Family Firm Institute Global Conference
San Diego, CA. – Oct. 17-18, 2013

“Family Wealth Evaporation Trap”
Family Office Global Leadership Summit
London, U.K. – Sep. 17-18, 2013

“Director Responsibilities & Liabilities”
Private Company Governance Summit
Washington, D.C. – May 16-17, 2013

“Family Wealth Evaporation Trap”
Family Offices Group Workshop
Los Angeles, CA – May 10, 2013

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“Family Wealth Evaporation Trap”

Read Presentation Abstract >>

Webinars Provided For:

Opal Financial Group Webinar
New York City, NY – June 4, 2013

Young Presidents’ Organization (YPO) Global Webinar
Dallas, TX – October 15, 2013

Sample Publications

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