Mitchell A. Wood, Financial Advisor

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Mitchell A. Wood, Financial Advisor Mitchell, or Mitch as many call him, grew up in Flint, Michigan, in a modest home on 10 acres next to his grandparents. Member FINRA/SIPC. finra.org sipc.org.

Summers were spent exploring the woods and in the shadow of his grandparents learning gardening, cooking, quilting, and building. Dinnertime meals served as the basis of his business education as he heard his parents discuss the day-to-day challenges of owning and operating businesses. An old soul, Mitchell realized early on that his life would be different than others. Growing up with two older brothers, one with Down syndrome, he knew that life events were significant as not everyone would experience milestones in life the same way or at all. Life needs to be appreciated and with purpose. After high school, Mitch pursued a path in youth ministry, studying to become a youth pastor and was active volunteering at their church. During college, he married his high school sweetheart, Katrina, and quickly found himself balancing full-time work, school, and family life—lessons in responsibility and prioritization that would later inform his approach to financial planning. The great irony, he notes with a smile, is that he went from “working with poor teens to helping rich old people.” As he often tells people, people are often still at the mercy of their own emotions. He still finds value and purpose in advising people who are just older “teenagers” now, albeit with bigger portfolios. Mitch’s professional journey in finance began in 2004 when he joined a hybrid RIA through a relationship from his church. Over time, he learned how ministry could be done outside the walls of the church and assumed responsibility for operations, portfolio construction, compliance, and client management, eventually earning his Series 7 and 66 licenses. In 2011, he transitioned into consulting, helping over a thousand advisors nationwide optimize their operations, build repeatable processes, and deliver better client experiences. In 2015, he started his own RIA and in 2018, he returned to the firm where his career began, stepping into the role of COO. Both of these two companies were later acquired by Larson Financial Holdings. From there, he served as president of Larson Network Services and eventually COO of Larson Financial Holdings, leading the operational teams consisting of investments, compliance, marketing, legal, information technology, human resources, and finance that served as the hub for the various subsidiaries of Larson Financial Holdings, including their various RIAs, Broker Dealer, tax planning, and addition client services affiliates. In 2023, Mitch took on the role of President of Intrua Financial, providing guidance and support for the advisors and clients service teams nationwide. Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness. The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

10/14/2026

The Major Markets closed mostly higher last week. The S&P 500 led the pack with a gain of 1.15%, the Dow rose 0.9%, and the Nasdaq added 0.6%. The Russell 2000, however, fell 0.9%, as smaller companies continued to face pressure.
Possibly one of the more encouraging developments last week was the broader market participation. Nine of the eleven S&P 500 sectors finished higher. Furthermore, the equal-weighted S&P 500 outperformed the traditional index, as gains spread beyond the largest technology stocks.
The biggest weakness came from semiconductor and AI-related stocks. Renewed questions about the revenue supporting AI infrastructure spending pushed the semiconductor index down 4.3% for the week.
Interest rates also remained in focus. The ten-year Treasury yield briefly reached 5.36%, its highest level of the year, before retreating to 5.24% by Friday.
Looking ahead, investors will focus on third-quarter earnings, particularly from major banks and technology companies. The key question is whether earnings growth can support current valuations as market leadership continues to broaden.

09/29/2026

The Major Markets closed mostly higher last week. The greatest gains were in the Large Cap and Mega Cap sides of the style box as technology continued to drive overall market performance last week.
The Nasdaq rose 2.1%, while the S&P 500 gained 1.2%, and the Dow added 0.3%. In contrast, the Russell 2000 fell 0.8%, highlighting how uneven market participation remains.
Semiconductors were a major catalyst, with the PHLX Semiconductor Index jumping 6.3% on renewed enthusiasm surrounding artificial intelligence and infrastructure spending.
However, rising interest rates remained a concern. Stronger economic data and hawkish Fed comments pushed the 10-year Treasury yield up 16 basis points to 5.17%, putting pressure on smaller and more rate-sensitive companies.
Oil prices were another important factor. WTI crude ultimately fell nearly 4% for the week, providing some relief from inflation concerns.
So, while the headline indexes moved higher, the underlying market remained mixed. Technology and AI continue to lead, while elevated interest rates, inflation concerns, and expectations for additional Fed tightening remain important risks heading into the final quarter of the year.

09/22/2026

The Major Markets finished a volatile week mixed, as higher interest rates and renewed inflation concerns competed with continued strength in technology and AI-related stocks.
The Nasdaq gained 0.7%, while the S&P 500 slipped 0.1%. Meanwhile, the Dow fell 1.7%, and smaller companies struggled, with the Russell 2000 down 1.5%.
The big news last week was that the Federal Reserve raised interest rates by a quarter point to a range of 3.75% to 4%. This is the first hike since 2023. Fed Chair Kevin Warsh's comments about persistent inflation pushed the 10-year Treasury yield back to 5%, putting additional pressure on rate-sensitive areas.
Technology provided an important offset. Semiconductor stocks rebounded sharply later in the week, while AI infrastructure, software, and mega-cap growth stocks remained areas of strength.
Meanwhile, Crude oil was also volatile, briefly moving above $105 before ending the week at $96 a barrel. Furthermore, the EIA reported that average Diesel prices crossed over $6 a gallon last week as inventories continue to be drawn down. Diesel prices globally have risen dramatically due to the conflicts in the Middle East and Russia. The fuel crunch was further exasperated last week when it was reported that Russia had to shut off a significant number of refineries following drone strikes by Ukraine.
Russia presently has an export ban in place on diesel. Now, some are calling for a similar diesel export ban in the United States as the shortage is expected to continue into 2027.

09/16/2026

The Major Markets saw widespread pullback last week as rising oil prices, higher Treasury yields, and growing expectations for a Fed rate hike pressured stocks.

The Nasdaq declined 0.7%, the S&P 500 fell 0.8%, and the Dow dropped 1.6%. Small caps were hit even harder still, with the Russell 2000 down 2.4%.

Oil was a major driver last week. WTI crude jumped over 9% higher, finishing just above $100 a barrel as escalating tensions between the U.S. and Iran raised concerns about energy supplies and the Strait of Hormuz. The geopolitical situation saw a new dynamic when Saudi Arabia shut down its East-West pipeline following attacks. This had been a measure to bypass the Strait of Hormuz. Now, both sides of Saudi Arabia have been brought into conflict.
Not surprisingly, Energy was one of just two sectors to finish the week higher.
Just as the week before, the directional movement of Crude Oil prices was inverse to that of the S&P 500. Friday’s rebound helped stocks recover some losses.
Treasury yields also climbed sharply. The 10-year yield rose 20 basis points to nearly 5%.
Finally, in economic news, both the Consumer Price index and the Producer Price Index came in effectively at expectation. This inflation data pushed the market-implied probability of a 25-basis-point Fed hike above 90%. The big question this week will be if the Fed also comes in along expectations following Wednesday’s meeting and whether or not policymakers signal where interest rates go from here.

08/26/2026

The Major Markets closed mostly lower last week, breaking a three-week winning streak. The Nasdaq dropped 2.1%, the Russell 2000 declined 1.7%, and the S&P 500 fell 1.4%.
The S&P 500 Sectors highlighted the disparity in returns last week. Health Care, Energy and Materials all saw strong gains over two percentage points while the other 8 sectors saw losses. While Information Technology wasn’t the worst performer last week, the pressure on semiconductors and AI-related companies continued as the Semiconductor Index dropped 5.5% last week.
Oil gained about 5.7% as tensions between the U.S. and Iran escalated once again. The on-again, off-again conflict with Iran saw a new development as President Trump declared the Stair of Hormuz an American Territory last week. However, transit traffic through the strait remains anemic compared to historical averages.
Meanwhile, another theme that has been running below the surface of the markets has been the rising costs of diesel prices nationwide. As the EIA highlights, Weekly US Average reached back up to $5.65, less that 30 cents from the all-time reported high back in 2022. This critical component to transportation could continue to apply inflationary pressures coming into the fall.
Looking ahead, markets will focus on the July PCE inflation report, second-quarter GDP, and several major earnings reports including NVIDIA. The week will end with Fed Chair Warsh's comments from Jackson Hole. Market participants will be closely watching the new Fed chair for clues about the path of interest rates going forward.

08/19/2026

The Major Markets saw mostly higher performance across the 6 indices with the Dow Jones Average the lone holdout in negative territory. For the domestic market, the gains in the S&P 500 and Russell 2000 extended the benchmarks run into fresh all-time highs.
The big story last week was inflation. July CPI came in as expected, while PPI was slightly cooler than expected. These two reports helped to ease concerns about another Fed rate hike in September. Softer retail sales and weaker consumer sentiment also pointed to some slowing in the economy.
By Friday’s close, CME Group’s FedWatch tool showed that the probability of rates holding steady is better than a coin toss for next month’s FOMC Meeting. That said, the growing pressure is towards higher interest rates towards the end of 2026.
Energy Prices did little to sway this forecast. At the sector level, Energy was the clear standout, with the segment gaining more than 7% as Crude Oil prices climbed roughly 5% for the week.

Because every office needs a Chief Comfort Officer, our family recently adopted a new Miniature American Shepherd puppy....
07/29/2026

Because every office needs a Chief Comfort Officer, our family recently adopted a new Miniature American Shepherd puppy.

Meet Zorro, the newest member of the Wood family and the Intrua Financial team. His official responsibilities include:

🐾 Greeting visitors
🐾 Boosting office morale
🐾 Reminding us to take the occasional break
🐾 Accepting unlimited belly rubs as payment

We have a feeling he's going to be pretty good at the job.

Do you bring your dog to work, or does your office have a four-legged mascot?

06/10/2026

After matching the longest consecutive string of weekly gains since the end of 2023, the S&P 500 suffered its sharpest setback since May of 2025. For the blue chip index, last week’s losses were effectively encapsulated by Friday’s 2.64% pullback.
By the end of the week, the S&P 500 fell 2.6%, the Russell 2000 lost 2.9%, and the Nasdaq dropped 4.7%. The Dow managed to be the best of the worst with a loss of only a third of a percentage point
The week's decline was driven largely by a reversal in technology and AI-related stocks. After strong early-week enthusiasm for AI infrastructure spending, investor sentiment shifted following Broadcom's earnings report and a stronger-than-expected May jobs report. Rising Treasury yields further increased concerns that the Federal Reserve may keep interest rates higher for longer, pressuring high-growth stocks.
Technology and consumer discretionary were the worst-performing sectors, with semiconductors and software leading the decline. Defensive sectors outperformed, with Energy, Health Care, Real Estate, and Consumer Staples all posting gains of around a percentage point or higher.
Across the style boxes, we see that the segment that has benefited the most from the recent explosive growth in Large Cap tech was hit the hardest. While all nine style boxes saw losses, the non-Large Cap Growth or Blend boxes had relatively muted performance last week.
Overall, the week reflected a meaningful shift f rom aggressive growth investing toward more defensive positioning as investors adjusted to higher interest-rate expectations and increased market volatility.

05/27/2026

The Major Markets closed higher across the board ahead of the Memorial Day Weekend. Last week was noteworthy for the rotation that seemed to take place as the recent dominate leaders of the Nasdaq and the S&P 500 took a backseat to the more concentrated Dow Jones and the small cap Rusell 2000.

This was further evidenced by the performance of the style boxes which saw large cap growth lag and small cap value lead. That said, the gain of 88 basis points in the S&P 500 was welcomed. Furthermore, as volatile as the stock market or the greater economy or geopolitics has felt recently, last week’s positive performance actually stands as the 8th consecutive weekly gain since the end of March. Said differently, every week this quarter has so far been positive. The last time we saw a consecutive weekly run this long was at the close of 2023.

Two of the main drivers of late have been earnings and oil. As FactSet pointed out last week, 94% of S&P 500 companies have reported their earnings result with 84% of those companies beating their expectations. This exceeds recent historical averages in both the number of companies beating estimates as well as the magnitude of the surprises.

That said, oil continues to be a heavy concern on market participants. Oil prices have fallen off the April highs and even the recent retests of highs in May have fallen short of the level that we saw last month. Nevertheless, the cumulative impact of higher prices have begun to be felt more and more in the larger economy.

The EIA is set to report the May national average of all grades and all formulations of gasoline later this week. While April’s reading of roughly $4.25 was nowhere near as high as the peak of Summer 2022, it was still higher than the Summers of 2008, 2012, 2014, and 2023.

This element has popped up in a few different earnings calls. Walmart was one of the more notable companies which highlighted this dynamic in their call last week, the CEO spoke about stressed consumer and the potential for higher store prices in the future. And while they had a slight positive earnings surprise, their share prices fell as a result.
The CME Group has followed this reasoning further forward with the greater probabilities of the Fed Funds rate now firmly reflected a rate increase at the turn of the year compared to a rate decrease as previously thought.

04/01/2026

The Major Markets closed mostly lower again last week. This marked the 5th consecutive weekly loss for the S&P 500 as it gave back 2.12%. As of Friday, the S&P 500 closed at 6,368.85, placing the index back where it was at in August of last year.
Early in the week, markets rallied as oil prices dropped on hopes of easing tensions between the U.S. and Iran. But that optimism faded quickly as conflicting headlines brought uncertainty back into focus.
From there, volatility in oil and rising Treasury yields created a tough environment, especially for large-cap growth stocks. Mega-cap tech led the downside, with software and internet names hit particularly hard.
But not all the indices saw red last week. Mid and small cap stocks did see some green. This highlights some of the rotation that has been taking place this year.
At the same time, we saw strength in other areas. Energy and materials outperformed as oil pushed back toward $100 per barrel, and defensive sectors like utilities and consumer staples also held up relatively well.
By the end of the week, selling pressure intensified as geopolitical tensions escalated and oil prices climbed again, dragging the broader market lower.
Markets continue to be driven more by macro forces than fundamentals. Until these forces stabilize, expect continued volatility and ongoing sector rotation.

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