Richard Wesselt

Richard Wesselt

Richard Wesselt was born in Norristown, Pennsylvania to a dedicated and loving mother and a disciplined father who served with distinction in the United States Marine Corps.

As such, he was raised with an emphasis on hard work, service, and integrity. Throughout his early education, Richard consistently achieved excellent marks, ranking first in his class from 5th through 12th grade. Also an accomplished athlete, by his senior year in high school, he had become the quarterback for the varsity football team. As his time in high school came to a close, Richard found that he had the grades to attend any post-secondary institution that he wished. After careful thought, he chose the University of Pennsylvania, eventually graduating from its Wharton School of Business in 1989.

Upon entering the professional world, Richard Wesselt obtained his first position with Provident Mutual, where his efforts earned the insurance company’s award for ‘Rookie of the Year.’ A few years later, he was offered a role with another insurance company, Phoenix Home Life, where he led the firm in the number of policies written. This experience inspired him to found his own insurance and fiscal management company.

Wesselt Capital Group was founded in 1997. Over the quarter century since its inception, the company has assisted more than 34,000 people with their insurance needs. Richard cites helping so many people protect their futures, improve their finances, and plan for the unexpected as the most rewarding aspects of his distinguished career. Outside of running his firm, Richard Wesselt has also served on various boards of governors. Throughout his life, Bishop Kenrick High School, Kennedy Kenrick High School, and Pope John Paul High School have been important to him, and he has worked very hard to ensure that their best interests are served. Since 1992, he has raised funds and provided scholarships for these institutions, as well as mentored students.

Inspired by his mentorship experiences, Richard Wesselt is currently moving into a new phase of his career. He is in the process of founding the Wesselt Initiative, a philanthropic and community service-based organization dedicated to creating connections for students and businesses to grow and learn from one another.

News Features

Rich Wesselt Explains What Is Involved In Community Enrichment

Community enrichment is investing in and improving the quality of life for people living within a particular area.

Rich Wesselt Explains Where Individuals Can Get Involved In Their Communities

Rich Wesselt in Collegeville, PA, says making a difference in your local community can be as simple as volunteering, joining a club, or attending town hall meetings.

Rich Wesselt Explains How to Help Your Local Community Organizations

Experts like Rich Wesselt in Collegeville, PA, say it has never been more critical to support our local community organizations. At a time when many are feeling the strain, these institutions continue to provide vital services to residents in need.

Richard Wesselt Shares Various Ways Individuals Can Give Back To Their Communities

In this post, we will explore how people can give back to their communities and discuss the benefits of doing so.

Richard Wesselt Shares The Value Of Collaboration & Shared Purpose For Community Engagement

To have a successful community engagement, it is essential that the community members feel as if they share a common goal or purpose.

Richard Wesselt Discusses The Philanthropy 50: America’s Top Donors

The Philanthropy 50 is a list of the top donors in the United States and is published annually by The Chronicle of Philanthropy.

Richard Wesselt Launches Blog

Veteran insurance executive and philanthropist Richard Wesselt is proud to announce that his new blog is live on the internet, bolstered by two inaugural entries.

Richard Wesselt is the Subject of a New Interview

It is with great enthusiasm that insurance industry executive, entrepreneur, and philanthropist Richard Wesselt announces that he is the subject of a new, in-depth interview.

Richard Wesselt’s Guide For Building Trust & Transparency As A Mentor

When entering an industry for the first time, it can be challenging to establish yourself and make a name for yourself. Having guidance from a trusted mentor can help make this process much more manageable.

Rich Wesselt Discusses How To Support Community-Led Initiatives

Community-led initiatives are a powerful way to address local needs. They involve community members forming networks and organizations that can make positive changes in their neighborhoods, cities, and beyond.

Rich Wesselt Discusses The Importance of Giving Back Locally and Supporting Your Community

Most people want to improve the world, but few know how. Supporting your local community is one way to do that, and it’s easier than you might think.

Richard Wesselt Discusses Promoting a Culture of Participation Through Community Engagement

Expert Rich Wesselt in Collegeville, PA, says it is essential to promote a culture of participation and community engagement to strengthen relationships between citizens and the local government.

Richard Wesselt Shares The Importance of Planning and Preparation in Philanthropy

Philanthropy is the act of giving back to the community. Experts like Richard Wesselt in Collegeville, PA, know it can donate time, money, or resources.

Richard Wesselt Launches Website

It is with great anticipation that former insurance industry professional, entrepreneur, and philanthropist Richard Wesselt announces that his new website is now live and ready to welcome visitors.

Richard Wesselt Shares the Seven Core Principles of Community Engagement

Community engagement is one of the most important aspects of any successful organization.

Getting to Know You: Richard Wesselt, Founder of Wesselt Capital Group and the Wesselt Initiative

Richard Wesselt was born in Norristown, Pennsylvania to a dedicated and loving mother and a disciplined father who served with distinction in the United States Marine Corps.

Richard Wesselt Discusses Different Types of Philanthropists: What Kind Are You?

When most people think of philanthropy, they think of wealthy individuals writing extensive checks to support their favorite causes.

Rich Wesselt Explains How To Give Time And Not Just Money Back To Your Community

Giving back to your community is a great way to show appreciation for the place where you live and work. Whether volunteering your time or donating money, experts like Rich Wesselt in Collegeville, PA, say every bit of help goes a long way toward making your community a better place.

Rich Wesselt Consults on a Newly Published Essay

Rich Wesselt, veteran insurance industry executive and Founder of charitable organization The Wesselt Initiative, recently consulted in the composition of a newly published essay exploring the finer points of community involvement.

Richard Wesselt Co-Authors a New Article

Early in the autumn of 2022, veteran insurance industry executive and charitable organization founder Richard Wesselt was approached by freelance journalist Sarah Olray to consult on a new essay on mentorship and its two underlying principles; trust and transparency.

Richard Wesselt is Featured in a New Online Professional Profile

When Richard Wesselt was approached about becoming the featured subject of a new professional profile, he agreed readily.

Richard Wesselt Shares Different Types of Charitable Giving

What if you want to make a lasting impact? That’s where charitable giving comes in. Experts like Richard Wesselt in Collegeville, PA, say charitable giving is a way of donating money or assets to a nonprofit organization.

Richard Wesselt Shares Current Trends That Will Influence Philanthropy

As we move into 2023, experts like Richard Wesselt in Collegeville, PA, understand a few key philanthropic trends worth keeping an eye on.

Richard Wesselt Discusses How To Ensure Your Philanthropic Goals Are Inclusive And Diverse

When it comes to philanthropy, one size does not fit all.

An In-depth Interview With Richard Wesselt Founder of the Wesselt Initiative

Growing up in Norristown, Pennsylvania, Richard Wesselt excelled in both academics and athletics.

Why Richard Wesselt Believes Anyone Can Be a Philanthropist

Giving back to the community is a fundamental human instinct. It’s something that most people feel compelled to do, whether it’s through their time, their resources, or both.


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