Rich Joseph Appointed Head of Growth for WTW’s US Investment Business

WTW announced the appointment of Rich Joseph as head of growth of its U.S.-based investments business, effective immediately. Based in Boston, Joseph will report to Nimisha Srivastava, head of investments for North America.

In his role, Joseph will be responsible for growing the firm’s U.S.-based business. In the U.S., WTW offers clients outsourced chief investment officer services, advisory and pooled fund of funds.

“I am incredibly excited to join the WTW family and help drive our investments business forward in the U.S. It’s an honor to be part of a team known for its innovative solutions and client-focused approach. I look forward to collaborating with my colleagues to bring fresh perspectives that will benefit our clients and their investment goals,” Joseph said in a press release on Monday.

Before his current appointment, Joseph spent more than 20 years at Mercer in several roles. He was most recently U.S. distribution leader for wealth and retirement at the firm and held roles such as U.S. business leader for OCIO in which he oversaw the firm’s outsourced chief investment officer business, and chief operating officer. He had also worked as chief operating officer at Fleet Investment Management.

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Joseph holds both a bachelor’s degree and an MBA from Bryant University. WTW manages and advises more than $163 billion in assets globally. The firm reported in the CIO 2024 Outsourced Chief Investment Officer Survey that it manages more than $99 billion for defined benefit plans, $46 billion for defined contribution plans and more than $17.8 billion for endowments, foundations and other organizations.