College of Business > Faculty > A to Z listing of Faculty > Joseph Silich

Joseph N. Silich

Academic Degrees

  • BS, Commerce, Driehaus College of Business at DePaul University


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.