With a bachelor's degree in accounting from the University of Illinois at Urbana-Champaign, Walt Hommerding is an Orange County Five-Star Wealth Manager. He has served as the Managing Director-Investments with Wells Fargo Advisors since 2002. Walt Hommerding (telephone 949-759-4564; e-mail walt.j.hommerding@wfadvisors.com) assists individuals with retirement planning, among other services.According to data collected from the Insured Retirement Institute, only a third of baby boomers have retirement savings of more than $250,000. Based on current savings levels, the majority of boomers will retire with a potential income gap of between $3,864 and $12,072 each year. While younger workers have more time to save money for retirement, older workers have the benefit of funding retirement accounts at increased levels. For instance, individuals over 50 years of age can put as much as $6,500 into an IRA and $24,500 into a 401(k) each year.The average retirement age for today's worker is 66, but those behind on retirement savings may have to work longer, which will help them avoid using their existing savings and generate more money for their 401(k) or IRA. Additionally, Social Security benefits will increase 8 percent for every year a worker delays retirement, up to age 70.
Experienced financial advisor Walt Hommerding has spent more than 15 years with Wells Fargo Advisors in Newport Beach, California. Positions he has held with the company include Senior Vice President, Managing Director-Investments, and Senior Portfolio Investment Manager. Beyond his professional activities, Walt Hommerding enjoys playing golf at courses throughout Orange County.According to Golf Digest, California is one of the nation’s leading states for world-class golf courses, with 12 courses ranking among the top 100 in the United States. One of the highlights is the Cypress Point Club, the No. 3 course in America for the 2017-2018 season. In a unique path to greatness, the Cypress Point Club has resisted modernization and remains a timeless ode to the sport’s earliest days.Pebble Beach Golf Links, meanwhile, is widely regarded as the premiere seaside golf course in the country, with numerous holes directly overlooking the Pacific Ocean. The owners have made frequent renovations since the course was established in 1919, and they continually strive to make it better. As a testament to this determination, No. 7-ranked Pebble Beach will host its sixth United States Open in 2019.A few more California golf courses worthy of note include Los Angeles Country Club North, Riviera Country Club in Pacific Palisades, and San Francisco’s Olympic Club.
The recipient of a bachelor’s degree in accounting from the University of Illinois at Urbana-Champaign, Walt Hommerding is an experienced financial planner who serves as Managing Director-Investments of Newport Beach, California’s Wells Fargo Advisors. In addition to his professional responsibilities, Walt Hommerding is a regular supporter of Wounded Warrior Project (WWP).Since its establishment in the early 2000s following the September 11 attack on the World Trade Center and subsequent Operations Iraqi Freedom, Enduring Freedom, and New Dawn, WWP has provided programming, as well as financial and emotional support, to over 110,000 veterans and service members. On January 4, the nonprofit organization released its annual report for 2017, which highlighted over 341,000 instances in which it engaged with its warriors, their families, and caregivers.Throughout 2017, WWP made over 109,000 wellness checks and sent out a combined 5 million copies of its weekly email newsletter. Frequent interactions play an instrumental role in rehabilitation and recovery as four of five veterans listed social engagement and support as vital to each process in a recent survey. Additionally, Warrior Care Network, which is a collaboration of four academic medical centers and WWP, provided over 42,000 hours of clinical mental health treatment in 2017.
As Managing Director-Investments with Wells Fargo Advisors in Newport Beach, California, Walt Hommerding provides a variety of wealth management services to small businesses and high net worth individuals. Beyond his professional pursuits, Walt Hommerding is a passionate sports fan who counts the Chicago Blackhawks as his favorite National Hockey League (NHL) team.The Blackhawks have made the playoffs in nine consecutive seasons and won three Stanley Cups during that time. If the performance of its young players this season is any indication, the team is poised for future success as well. One player in particular, Alex DeBrincat, is thriving in his rookie season. The 19-year-old native of Farmington Hills, Michigan, is second on the team in scoring through 24 games with 10 goals and eight assists. He had a slow start to his career, but recently posted seven goals and three assists in a seven-game stretch, which included a four-point performance and a hat trick (three goals) in a game against the Anaheim Ducks. In doing so, he became the second youngest Blackhawk to ever score three goals in a game behind Jeremy Roenick. DeBrincat was selected by the Blackhawks in the second round of the 2016 NHL Entry Draft following a 101-point season with the Erie Otters of the Ontario Hockey League. He was sent back to Erie after being drafted and responded positively with 127 points in 63 regular season games and 38 points in 22 playoff games.
A member of the Financial Planning Association, Walt Hommerding is a managing director and senior vice president of investments with Wells Fargo Advisors. Based in Newport Beach, California, Walt Hommerding is an avid National Hockey League (NHL) fan who regularly attends Anaheim Ducks games.Paul Kariya and Teemu Selanne are among the best players to ever play for the Ducks, and the duo cemented their status as legends when they were inducted into the Hockey Hall of Fame together on November 13. A native of Vancouver, British Columbia, Kariya was drafted fourth overall by the Ducks in the 1993 NHL Entry Draft and won a pair of Lady Byng Memorial Trophies with the team. A three-time NHL First All-Star Team player, he played nine seasons with the team and six more with the Colorado Avalanche, Nashville Predators, and St. Louis Blues. He retired in 2010 with 989 points in 989 games.Selanne, meanwhile, played a combined 21 seasons with the Ducks, San Jose Sharks, Colorado Avalanche, and Winnipeg Jets. He won a Stanley Cup with Anaheim in 2007 and retired in 2014 after 21 seasons in the league in which he recorded 1,457 points in 1,451 games. He won the Calder Memorial Trophy as the league's top rookie in 1993 after scoring 76 goals with the Jets, and won the Maurice "Rocket" Richard Trophy as the league's leading goal scorer in 1999.
A financial services professional with Wells Fargo Advisors, Walt Hommerding serves as the Managing Director-Investments at the firm’s office in Newport Beach, California. In his free time, Walt Hommerding follows the National Hockey League as a fan of the Chicago Blackhawks and the Anaheim Ducks. The Anaheim Ducks added another player to their long-term roster by signing defenseman Josh Manson to a contract extension that will keep him in Anaheim through the 2020-2021 season. The contract is reportedly worth $4.1 million per year. Manson will play alongside defensemen Hampus Lindholm, Cam Fowler, and Sami Vatanen, who each recently signed long-term deals with the team. The 26-year-old Manson was drafted by the Ducks as the 160th overall pick in the 2011 NHL Entry Draft. Despite entering the NHL as a sixth-round pick, however, he has become one of the team’s most promising players. During the 2016-2017 season, Manson scored five goals and tallied 12 assists in 82 appearances. Entering the 2017-2018 season, the Northeastern University alumnus had posted career numbers of 10 goals and 25 assists in 181 regular-season games. As long as he stays healthy, Manson will likely continue to be a core member of the Ducks' defense, which is one of the best in the NHL.
Walt Hommerding, Managing Director-Investments at Wells Fargo Advisors in Newport Beach, California, joined the wealth management company in 2002. When not providing clients with a holistic approach to financial planning and wealth management, Walt Hommerding enjoys golfing throughout the Orange County area and, when possible, at courses all around the United States.Golf Digest has announced its top golf courses in California for 2017-2018, and once again, Cypress Point Club at Pebble Beach tops the list. Cypress Point was built by Alister MacKenzie and Robert Hunter in 1928 and broke onto the Golf Digest America’s “100 Greatest Golf Courses” list in 1966, the list’s first year. The course has maintained its grounds over the last century, though it has endured fewer renovations compared to similar courses.Cypress Point is a visually stunning golf course running along a jagged stretch of Pacific coast line. The course is also known for its unique bunkering and commitment to classic golf course architecture, not to mention the omnipresent cypress. In 1987-1988, the course was ranked No. 2 in the nation, its highest ranking. For 2017-2018, the course ranks No. 1 in California and No. 3 in America.
