Louis Kokernak

CFA, CFP
Personal Finance, Retirement, Investing
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“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

Videos
  • Mission Statement of Haven Financial Advisors
  • Haven Financial Advisors explains the evolution of the HSA
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March 2017
    Retirement Savings, Social Security
June 2017
    ETFs, International / Global, Investing
January 2017
    Insurance, Taxes
March 2017
    College Tuition, Financial Planning
5 weeks ago

All Answers
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    401(k), IRAs
Which IRA is the best, now that we're married?
100% of people found this answer helpful

The other responders have offered fine advice on tax-deferred and tax-free savings options. I just want to suggest a possible supplement. Your employer may offer an HSA-compliant major medical policy. If not, you may be eligible for one in the future. This is very fast growing segment in group health coverage. Essentially, these are high deductible health policies that allow you to fund a health savings account to cover expenses not addressed by your insurance. Contributions are tax deductible and qualified distributions for medical expenses are tax-free. The HSA thus combines the best tax avoidance features of a 401(k) and a Roth IRA.

You can carry over the balance in your HSA after year's end. Funds can also be invested in the stock market. The contribution limit for family coverage in 2017 is $6,750,an additional amount is allowed for those 55 and older. Contribution limits are NOT offset by 401(k) or IRA contributions. There is a high probability that HSA accounts will be expanded in the new republican administration. I recommend that you continue to accumulate HSA funds for as long as possible. Pay your uncovered expenses out of pocket while you are still working. Let the powerful tax shelter properties of the HSA work for you.

December 2016
    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), Taxes
Can I use 401(k) funds to pay off back taxes?
100% of people found this answer helpful
December 2016
    Retirement, Asset Allocation
Should I change the date of my target-date funds because I am cautious of the market?
100% of people found this answer helpful
January 2017
    Stocks
What stock funds mirror the S&P 500?
100% of people found this answer helpful
January 2017