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Tom Colich completed his undergraduate studies at the University of Southern California, graduating in 1971 with a Bachelors of Science Degree in Accounting. In 1973, he received a Masters of Science Degree from U.S.C. in business administration with an emphasis in real estate. He was a member of the all-university honorary society "Skull and Dagger", as well as Beta Alpha Psi, an honorary accounting fraternity. A member of the 1971 U.S.C. national championship track and field team, Tom placed 4th in the nation on the shot-put event. He was also awarded a NCAA Postgraduate Scholarship for his overall academic and athletic achievements.

Between 1973 and 1975, Tom worked for his father's construction company, Colich Construction, where he developed exemplary bidding skills as an estimator. In 1975, Tom created his own construction company. Colich Brothers, Inc., where he specialized in the constriction and installation of sewer, storm drains and water systems. Soon thereafter, Colich Brothers, Inc. joined Colich Construction, creating a joint venture known as Colich & Sons. During this period, Colich & Sons increased its banking and bonding relationships to become one of the dominant underground construction companies in Southern California.

Recognizing the profit potential in real estate development and investment, Tom established Wesco Companies. In order to assure quality and maximum returns for the investor, Tom has brought together an experienced team consisting of professionals with backgrounds in construction, acquisitions, management, accounting, and law.