Eric Spraker serves as Managing Director – Investments for the Newport Bay Wealth Management Group located in Newport Beach, CA. Eric brings more than 30 years of valuable experience as a financial advisor to the service of his clients. After earning his bachelor’s degree in business administration from USC with dual emphasis from the finance and entrepreneur programs, Eric started his career with Prudential Securities in the downtown Los Angeles branch building his practice within the Private Client Group. In 1998 he returned home to Orange County, joining the Newport Beach branch of Prudential Securities, which later merged to become Wachovia Securities, LLC and was ultimately purchased by Wells Fargo & Company in 2008. Eric has maintained his commitment to offering clients high quality, personalized financial advice under the Newport Bay Wealth Management Group.

Eric has been recognized as a Wells Fargo Platinum Council Advisor from 2008-2009 and 2012-2024.The Platinum Council distinction is held by a select group of Financial Advisors within Wells Fargo Advisors Financial Network as measured by one or more of the following: completion of educational components, business production from the previous year, and professionalism. Additional consideration may have included best practices and team structure.

Born and raised in Laguna Beach, CA, Eric lives in the Eastbluff neighborhood of Newport Beach with his wife, Elizabeth, and children Jack, Ashley, and Katie. Eric enjoys spending family time in Hawaii and has a passion for surf trips to exotic locations. When not in the office he can be found golfing at Big Canyon Country Club, fishing in Mexico, skiing, or surfing the Orange County coastline.

CA Insurance Lic. # 0B56089. Resident State CA.

Derek Huffman serves as a Senior Financial Advisor for the Newport Bay Wealth Management Group located in Newport Beach, CA. Derek brings more than 10 years of experience with Wells Fargo Advisors, serving clients in various capacities.

Derek graduated from the University of California, Santa Cruz with a master’s in applied economics and finance and a bachelor’s in economics. After graduating, he worked as an analyst for a point of care medical testing company where he specialized in forecasting, attrition analysis, and contract management.

When he joined Wells Fargo Advisors in 2013, he worked in branch operations, helping financial advisors and clients to move assets during their transition from other firms. He then moved to running the day-to-day administration for the South Orange County Complex before joining Spraker Wealth Management Group in 2018 and Newport Bay Wealth Management Group in 2025.

Derek’s primary focus within Newport Bay Wealth Management Group is to help clients clearly define goals as well as implement and monitor investment plans to ensure they stay on track to achieve their goals. He strives to provide clients with exceptional service customized to their specific needs and risks tolerances, helping them to live the one life they have the best possible way.

Derek currently holds his Series 7, 66, 9, and 10 registrations, as well as a California Life and Health Insurance License.

In his free time, Derek works on restoring and racing his 1965 Chevelle as well as surfing up and down the California coast. You can always ask what is on his calendar since he attends unique community events such as the Cardboard Classic & Dinghy Dash or Pomegranate Days at the Oasis Camel Dairy Farm.

CA Insurance License. # 0M89060, Resident State: CA

With more than 45 years of experience in the financial services industry, Richard Spraker is dedicated to helping clients meet their financial goals by bringing the highest level of professionalism and personal service to his clients. As Founding Partner, his extensive knowledge of the financial markets over the years has enabled him to guide his clients through various stock and bond market cycles and structure balanced, highly customized portfolios designed to meet their individual needs. His wealth of experience is best exemplified by his ongoing commitment to risk management and asset protection.

After graduating from USC with a Bachelor of Science degree in business administration, Richard started his career in 1968 with Shearson Hammill. He went on to spend 24 years with Bateman Eichler, Hill Richards in Newport Beach, CA before moving his practice to Prudential Securities which subsequently merged into Wachovia Securities, LLC. Richard continues to maintain his commitment to providing clients highly personalized financial advice through the Newport Bay Wealth Management Group.

He has been recognized as a Wells Fargo Platinum Council Advisor from 2006-2013 and 2017-2021. The Platinum Council distinction is held by a select group of Financial Advisors within Wells Fargo Advisors Financial Network as measured by one or more of the following: completion of educational components, business production from the previous year, and professionalism. Additional consideration may have included best practices and team structure.

Richard and his wife, Nancy, have been residents of Laguna Beach for over 40 years, but also enjoy spending time at their home in Durango, CO. They have two sons, Eric and Evan, and three grandchildren. Away from the office, his two main passions are golf and international fly fishing.

CA Insurance License # 0A46109, Resident State: CO