D.A. Davidson & Co. Builds on Solid Reputation, Opening Sixth Office in State of Virginia

January 18, 2023

D.A. Davidson & Co. announced today the opening of a new wealth management office in Bluefield, Virginia, welcoming a father-son team of two financial advisors and their client associates. The professionals bring extensive financial services experience to the firm, further strengthening its presence in the Mid-Atlantic region.

“I am pleased that D.A. Davidson is continuing its expansion in Virginia with the addition of Woods Wealth Management Group in Bluefield,” said Michael Purpura, President of Wealth Management at D.A. Davidson. “We are focused on adding advisors who deliver an exceptional client experience and are engaged in their communities—qualities that perfectly describe Mike and Michael.”

The Bluefield office becomes the sixth in the state of Virginia, along with Bedford, Blacksburg, Charlottesville, Harrisonburg and Lynchburg, all which opened within the past two years.

Wood Wealth Management Group, Advisors with D.A. Davidson & Co., was previously affiliated with Truist. The group includes:

  • Mike Wood Jr., Senior Vice President, Financial Advisor, Portfolio Manager. Wood has been in the industry for over 35 years. He received his bachelor’s degree in business administration from Concord University and started his career as a trainee with Scott and Stringfellow, Inc. He is a CERTIFIED FINANCIAL PLANNER™ professional and has his Series 7, 8, 63 and 65. He provides an emphasis on portfolio construction, asset allocation, and strong client communication within his practice.
  • Michael Wood III, Associate Financial Advisor. Wood began his career at BB&T/Scott and Stringfellow in September 2016. He received his bachelor’s degree in history from Bluefield University and has his Series 7 and Series 66. His focus within the team is goals-based planning and custom portfolio management.

Wood Wealth Management Group is part of D.A. Davidson Wealth Management, which offers an array of financial products and services to individuals, families, businesses and institutions. For 87 years, the firm’s advisors have provided straightforward advice and personalized solutions to help build, protect and pass on wealth for generations to come.

The new office is temporarily located at 2113 College Ave., Suite 21, in Bluefield.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,525 employees and offices in 28 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

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