Steward Partners Expands Its Influence in the Southeast with Advisor Mike Wood's Arrival

In a significant development for the financial services industry, Steward Partners, a leading full-service, employee-owned financial firm, has announced that financial advisor Mike Wood is joining their ranks. Based in the Norfolk, Virginia branch of the firm, Wood brings with him an impressive portfolio of $502 million in client assets, reinforcing Steward Partners' aim of expanding its reach in the Southeast region.

Mike Wood has built a distinguished career in wealth management over more than twenty years, specializing in services tailored to high-net-worth individuals, multi-generational families, and closely held businesses grappling with succession planning and intricate credit requirements. His approach is grounded in a planning-first strategy, offering comprehensive guidance akin to that of a Chief Financial Officer (CFO), ensuring that clients not only receive investment advice but a holistic financial strategy.

Operating from the backdrop of Steward Partners' Norfolk branch, Wood is set to collaborate with a dedicated team of professionals who share a commitment to providing high-touch, fiduciary-driven wealth management solutions. This partnership comes at a pivotal time as the firm is experiencing rapid growth and seeks to enhance its reputation for delivering exceptional service in the wealth management sector.

In Wood's own words, "After more than two decades in wealth management, I was intentional about finding a long-term home that mirrored my values, heightened my capabilities, and presented an extraordinary experience for my clients." He expresses enthusiasm over joining Steward Partners, noting its culture, advanced technology, and multi-custodial platform as key factors in his decision.

Jeff Gonyo, Head of Wealth Management at Steward Partners, echoes this sentiment, stating, "Mike embodies our values and vision, and his commitment to client-first service aligns perfectly with our firm’s mission. He has cultivated a robust, planning-led practice, and his growth-oriented mindset is a tremendous asset as we continue to expand our presence in the Hampton Roads market."

Since its establishment in 2013, Steward Partners has emerged as one of the fastest-growing independent registered investment advisory (RIA) firms in the industry. This growth has been recognized with prestigious accolades, including a ranking as the 28th top RIA by Financial Advisor Magazine's listing for 2025, as well as placements on various prestigious lists such as Washington Business Journal's Best Places to Work and USA TODAY's Best Financial Advisory Firms.

The firm's remarkable trajectory is underscored by its client-first culture, which is deeply embedded in its operations. Numerous advisory teams within Steward Partners have received recognition on Forbes | SHOOK's Best-In-State Wealth Advisors and Wealth Management Teams lists, emphasizing their commitment to delivering outstanding client outcomes through a collaborative, team-oriented approach.

Steward Partners stands at the forefront of wealth management, with over $40 billion in client assets as of January 2025. The firm’s services span comprehensive wealth planning, private banking, institutional consulting, and solutions for businesses. In a rapidly evolving landscape, the firm's emphasis on transparency and dedication to excellence positions it as a formidable contender within the financial sector.

Looking forward, the inclusion of Mike Wood is expected to further solidify Steward Partners' capabilities in serving clients with multifaceted financial needs. By fostering an environment of collaboration and shared purpose, the firm is set to not only meet the demands of its existing clientele but also to attract new investors seeking personalized and strategic advice tailored to their unique circumstances.

For those interested in learning more about Steward Partners and the wealth management solutions they offer, the firm encourages individuals to visit their website at www.stewardpartners.com.

As the company continues to expand its footprint in the Southeast through strategic hires like Mike Wood, it reaffirms its commitment to excellence and its vision for the future of wealth management.