Louis Kokernak

CFA, CFP
Personal Finance, Retirement, Investing
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42
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3
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109
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  • Austin, TX
  • 512-791-4335
  • www.havenfinancial.com
“Louis Kokernak, Owner of Haven Financial Advisors, is an experienced investment advisor and financial planner who has been helping individuals for nearly two decades.”
Firm:

Haven Financial Advisors

Job Title:

Principal

Biography:

Louis (Lou) Kokernak has been serving the investment community for nearly 30 years, after obtaining an MBA from The University of Texas. He founded Haven Financial Advisors as a fee only advisor in 2002. His goal was to deliver unbiased advice to clients. He has been quoted in the Wall Street Journal, Barrons, Bloomberg News among many other media outlets. Lou has taught courses to CFP candidates at The University of Texas, St. Edwards Univerisity, and the University of Texas at San Antonio.

Haven Financial Advisors is committed to their clients' future. They have been a fee only financial advisor since 2002. The first step in the relationship is getting to know clients and what their goals are. It's a two way communications process that requires the engagement of both parties. Lou and his team develop a financial plan that includes a diversified asset allocation tailored to every clients personal situation. Experience tells them that the key value proposition of the plan is the comfort level it delivers to the client - that clients are taking concrete steps to achieve realistic financial goals.

​Lou has lived in Austin since 1990. He is a Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) and is a member of the National Association of Personal Financail Advisors (NAPFA). His charitable interests include public health and secondary education.

Education:

MBA, The University of Texas
BSCS, Rensselaer Polytechnic Institute

Assets Under Management:

$50 million

Fee Structure:

Fee-Only

CRD Number:

2673088

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    Retirement Savings, Social Security
January 2017
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    Investing, IRAs
How should a college student invest her funds inside a Roth IRA?
100% of people found this answer helpful

Your daughter has a very long investment horizon and should be able to bear some risk. I'll assume this is her first investment and there are no other assets. $3,000 is a starter portfolio so you should be cognizant of costs like commissions. I would recommend one position, a stock index fund, for now. Vanguard's target date fund for 2060 is 90% stocks anyway and the target date structure adds a bit of cost. Additionally, as she starts saving her own money outside the Roth IRA, it get cumbersome coordinating target date holdings with the rest of her portfolio.

Given the amount invested, it makes sense to keep commissions low or zero. You can invest in Vanguard's Total Stock Market index (VTSMX) in a Vanguard account. Schwab has a commission free stock index fund (SWTSX) that you can trade in a Schwab account. Both of these funds give you broad exposure to the US stock market. Fidelity has its own stock index fund on its platform.

Reinvest the dividends and capital gains distributions so idle cash does not accumulate. As time goes on and money is added to account, you can look to other asset classes like foreign stocks or bonds.

January 2017
    Investing, Stocks
What index should I be checking to make sure my portfolio is performing in line with the market?
100% of people found this answer helpful
December 2016
    401(k), IRAs
Which IRA is the best, now that we're married?
100% of people found this answer helpful
December 2016
    401(k), Taxes
Can I use 401(k) funds to pay off back taxes?
100% of people found this answer helpful
December 2016
    Stocks
What stock funds mirror the S&P 500?
100% of people found this answer helpful
January 2017