About Joseph N. Silich
Joe Silich is the Managing Director, Wealth Advisor of The Silich Group at Morgan Stanley – In his role, he has worked exclusively with the global high-net worth community. During his tenure, he worked diligently to understand and achieve clients’ every financial goal and engaged in meticulous financial planning and wealth management. Under his leadership, Joe’s private wealth business grew to upward of $2 billion in assets under management as of May 2024.
He successfully recruited and developed a high-performing wealth advising team. In the last 35 years, he and his team have leveraged their experience to develop and deliver wealth management plans for high-net worth individuals and families. The team has carefully coalesced financial planning, tax sensitivity, and estate planning strategies to ensure each component of the clients’ financial portfolio is aligned with the clients’ individual financial goals.
The Silich Group has successfully navigated clients through the phases of wealth accumulation and preservation – and has been consistent in delivering best-in-class service. Diligence, deep insights, and careful attention to detail have resulted in The Silich Group earning a reputation for excellence. Their mantra, “wealth advising through client intimacy distinguished by openness, efficiency, and advice delivered in a unique style” has been a guiding principle in their practice. They know that success is not only determined by statistical measures of performance, but also by clients’ ability to achieve their goals.
As a financial advisor, Joe is considered a thought leader and is frequently sought after for media interviews. He has made appearances on MSNBC, CNBC, and Bloomberg television. He has been featured and quoted in Crain’s Chicago Business, Smart Money, Chicago Tribune, CS Magazine, Kiplinger’s Personal, and other financial publications.
His career has been marked by a wide range of awards and accolades and
demonstrates his ability to deliver outstanding results for individuals and families. Joe has been on Forbes Magazine’s Best-in-State Wealth Advisors list from its inception in 2018 to 2024. From 2009 to 2023, he has been recognized on Barron’s list of top 1,200 financial advisors. In 2024 and 2025, The Silich Group was also recognized as one of the top Advisor teams in the Midwest by Forbes Magazine and Shook Research.
Joe is dedicated to philanthropic work and has made a critical impact both locally and globally. In 2020, he earned a top award at the finance industry’s 14th Annual Invest in Others Awards, which recognizes charitable work of advisors across the country. 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 the 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.
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 Professor at DePaul University, where he teaches Finance 396, an
undergraduate honors class consisting of the top 25 gifted students in finance. He is on DePaul’s Finance Advisory Board, University Development Committee, and on the Center for Behavioral Finance Advisory Board. 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.
2009 - 2023 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded2009 - 2023). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2018 - 2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded2018- 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Securities Agent: HI, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, IA, WY, WV, WI, AK, AL, AR, AZ, CA, CO, CT, DC, FL, GA; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1252942