Academic Degrees
- BS, Commerce, Driehaus College of Business at DePaul University
Biography
Joe Silich is the Managing Director and Wealth Advisor of The Silich
Group at Morgan Stanley. Throughout his 35-year tenure, Joe recruited and
developed a high-performing wealth advising team. Together, they have
leveraged their experience to exclusively serve the global high-net-worth
community and work diligently to achieve clients' financial goals through
meticulous financial planning and wealth management. Their approach
combines financial planning, tax sensitivity, and estate planning strategies to
ensure each component of clients' financial portfolios aligns with their
individual goals. Under his leadership, Joe's private wealth business has grown
to over $2.0 billion in assets under management as of April 2024.
The Silich Group has guided clients through the stages of wealth accumulation
and preservation, consistently delivering best-in-class service. The group’s
reputation for excellence is built on diligence, deep insight, and careful attention
to detail. Their practice is guided by the mantra of "wealth advising through
client intimacy distinguished by openness, efficiency, and advice delivered in a
unique style." They understand that success is not solely determined by
statistical measures of performance, but also by clients' ability to achieve their
goals.
Joe’s ability to deliver outstanding results for individuals and families is evident
through the numerous awards and accolades he has received. He has been on
Forbes Magazine's Best-in-State Wealth Advisors list from its inception in 2018
to 2024. In January 2024, The Silich Group was also recognized as one of the
top Advisor teams in the Midwest by Forbes Magazine and Shook Research.
Additionally, Joe has been recognized on Barron's Magazine's list of the top
1,200 financial advisors from its inauguration in 2009 to 2024.
Recognized as a leader in the financial industry, Joe is frequently sought after
for media interviews. He has made appearances on MSNBC, CNBC, and
Bloomberg television. He has been featured and quoted in publications such as
Crain's Chicago Business, Smart Money, Chicago Tribune, CS Magazine,
Kiplinger's Personal, and other notable financial publications. His expertise and
insight have garnered him significant recognition throughout his career.
Apart from his professional endeavors, Joe is dedicated to philanthropic work,
making a significant impact both locally and globally. In 2020, he received a
top award at the finance industry's 14th Annual Invest in Others Awards, which
acknowledges the charitable work of advisors nationwide. His commitment to
service shines through his role with the USO, where he served on the Midwest
Regional and Illinois Boards, even leading as chairman in 2017 and 2018. The
USO, dedicated to strengthening America's military service members by
keeping them connected to family, home, and country throughout their service
to the nation, has benefited greatly from Joe's leadership. From 2010 to 2016,
he chaired their primary fundraising and special events committee. Moreover,
his co-leadership in the "Answer the Call" campaign was pivotal in raising $5.5
million for the modernization of USO Midwest facilities, furthering the
organization's mission to support the well-being of military personnel and their
families since 1941.
Since 2005, Joe has served on the board of Chicago-based UNICEF, which has
saved more children’s lives than any other humanitarian organization in the
world. Joe was also board chairman in 2012 and 2013.
As a Professor at DePaul University, Joe teaches FIN-396, Finance Honors
Cohort, an undergraduate class consisting of the top 25 gifted students in finance.
He also holds a position on DePaul’s Finance Advisory Board and the University
Development Committee. Joe supports the Financial Advisory Board’s
scholarship fund and endowed a College of Commerce scholarship fund in the
name of the Silich Family. In recognition of his exceptional contributions, Joe
was named the Finance Department’s Alumnus of the Year in 2014 and awarded
the "Daniel Seiden Professor of the Year Award" in 2023, a distinction
determined by fellow faculty, student evaluations, and the business school
executive committee.
Joe is a member of the St. Laurence High School Board of Trustees as Vice
Chairman and co-chaired a successful $5 million capital campaign in 2017 to
support the Illinois school. In 2023, he was selected to co-chair their next
transformational $15 million capital campaign. In 2013, he was inducted into the
St. Laurence Hall of Fame as "Alumni Executive of the Year" and received the
"Black and Gold Award" in 2017 for his contributions to the mission of an
Edmund Rice Christian Brothers education. Additionally, he served as vice
president of the Riverview Association from 2006 to 2017 and as president of
the Greater Streeterville Cityfront Center Board from 2011 to 2017.
Joe is a lifelong Chicagoan. He lives in the Lincoln Park area of Chicago with
his wife Susie, his two daughters: Ava age 7 and Isla age 6, and his bird-hunting
Labrador Retriever - Dodge.