I started off with 2 lone wolfs, then I was worried if this was a viable build and wanted to get some opinion before going forward with it. Has anyone done this and completed the game fine?
Currently, I have a Knight and Wizard. Asking this as soon as I made that skill choice so they are at level 3.

Thanks for the answer! I had one more doubt, I can't seem to find good gear with any traders, any tips on where I can find some good gear in Cyseal? I'm still using level 5 gear and my character is at level 8, so during combat if enemy manages to score a hit armor isn't stopping much damage. I have about 8000 gold but no good way to spend it.

Did you check the Quartermaster, upstairs in the Legion Cook's House? The rest of the merchants should be obvious (Esmeralda, etc).
NPC inventories should restock every hour, and when you level.

Oh I haven't, I was just shopping for weapons with that NPC who shouts arrows, weapons, etc. center of Cyseal. I'll will visit them then. Thank you so much for all the help! :)

One last question, at times do you see a attack of opportunity text above char and char taunt but no hit on any enemy who passes by? (Not a miss, character doesn't even swing the sword) Is this a known bug?

Not that I know of, or could find.