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 33-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 $1.5 billion in assets under management as of June 2023.
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 listed on Forbes Magazine's Best-in-State Wealth Advisors list from its inception in 2018 to 2023. Additionally, Joe has also been recognized on Barron's Magazine's list of the top 1,200 financial advisors from its inauguration in 2009 to 2022. 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 and 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 insights 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. He serves on the USO Midwest Regional Board and USO of Illinois Board, having been chairman in 2017 and 2018. From 2010 to 2016, he chaired their primary fundraising and special events committee. He co-chaired their "Answer the Call" campaign and played a key role in raising $5.5 million for the modernization of USO Midwest facilities. 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. He currently serves on UNICEF’s executive committee and was board chairman in 2012 and 2013. Joe is a member of the St. Laurence High School Board of Trustees 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 has 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.
As an adjunct 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 in 2023, awarded the "Daniel Seiden Adjunct Professor of the Year Award" a distinction determined by tenured faculty, student evaluations, and the business school’s executive committee.
Joe is a lifelong Chicagoan. He lives in the Lincoln Park area of Chicago and St Joseph, Michigan with his wife Susie, his two daughters: Ava age 6 and Isla age 5, and Dodge, his bird-hunting Labrador Retriever.