Episode 15: Grief and Giving Back in a Family Business | Staying On After Selling the Company | Finding the Right Family Office

In the latest episode of the Family Business/Business Family podcast, we sit down with Marshall Klein, president of 100-year-old Klein’s Family Markets, based in Maryland. He discusses the sudden death of his father in a 2019 auto accident, which necessitated Marshall immediately stepping into the president role and trying to keep the family business together while attempting to process his grief. He also talks about keeping his father’s legacy alive through the Klein family’s philanthropy.

Also in this episode, we chat with Olivia Reilly-Mountz and her father, Brad Mountz, about the recent sale of their family business, Mountz Inc., to Snap-On Incorporated. They explain what led to their decision to sell and what it’s been like to continue working as executives in a company they no longer own.

In addition, we talk with David Savir and Kris Martin of Element Pointe about the many different definitions of “family office” and how families can begin deciding which configuration is best for their needs.

This episode is brought to you by Element Pointe, an independent multi-family office and wealth management firm dedicated to guiding individuals and their families through important financial, investment, lifestyle and interpersonal matters — in turn, helping clients build a secure future and enduring legacy.

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