<#-- Rebranding: Header Logo--> <#-- Rebranding: Footer Logo-->

Kimerly Polak Guerrero

CFP®, RICP®
Personal Finance, Retirement, Investing
78%
Helpful
10
Answers
0
Articles
11
Followers
“With over three decades of experience managing money and helping individuals manage their overall financial lives, Kimerly Polak Guerrero is committed to giving her clients the peace of mind that they are doing all that they can to assure financial security for their families and themselves.”
Firm:

Polero ICE Advisers

Job Title:

Executive Director

Biography:

Kimerly Polak Guerrero has several decades of experience as a portfolio manager and a personal financial-life manager. She is a Registered Investment Adviser and a CERTIFIED FINANCIAL PLANNER™. She started Polero ICE Advisers in 2008 to provide women and couples with an alternative to the many financial firms that bombard their target customers with glitzy advertising campaigns. Instead of receiving advice from a high-pressured salesperson, Kim's clients get a fee-only adviser who serves as their fiduciary at all times. As a fee-only adviser, she is only compensated by her clients, in a completely transparent manner.

Kimerly has a Masters in Business Administration from Harvard Business School and a Bachelor of Science in Finance and Insurance from the University of Rhode Island, where she graduated summa cum laude. Kim has also earned the Retirement Income Certified Professional® (RICP®) designation, and has completed the educational requirements for the designation of Accredited Estate Planner. She is a member of NAPFA (National Association of Personal Financial Advisors), and served as the leader of NAPFA's New York Study Group for 3 years.

When offering financial direction, Kimerly is able to make use of her extensive experience as a financial adviser and investment professional. As a portfolio manager and trader from 1986-2007, she was responsible for investing over $6 billion in the global markets, during many periods of excessive volatility. The lessons that she learned first-hand serve her well in assisting her clients today.

Kim is dedicated to providing pro-bono services to those in need of practical financial advice. She has worked with the VITA (Volunteer Income Tax Assistance) Program, which helps elderly and low-income individuals prepare their taxes, and has provided Financial Backpack classes to many groups of young people. Additionally, she continues to serve as a presenter for a financial-education Program for battered women in New York City, after being the Coordinator for this Program for several years.

Education:

MBA, Harvard Business School

Fee Structure:

Fixed

CRD Number:

148790

Disclaimer:

The information provided is solely for informational purposes and does not constitute a client-advisor relationship, nor is it a solicitation to sell investment advisory services. 

CFP® and CERTIFIED FINANCIAL PLANNER™ are marks owned by the Certified Financial Planner Board of Standards, Inc. These marks are awarded to individuals who successfully complete the CFP Boardʼs initial and ongoing certification requirements.

All Answers
Sort By:
Most Helpful
    Real Estate, Taxes
Is it true that you can sell your home and not pay capital gains tax?
90% of people found this answer helpful

The majority of people who sell their primary residence, in which they have lived for at least 2 of the last 5 years, do not pay a capital gains tax on the sale. In addition to the $250,000 exclusion from capital gains per person (or possibly $500,000 for a couple), you can also subtract your full cost basis in the property from the sales price. Your cost basis is calculated by starting with the original purchase price you paid, and then adding the expenses you paid to make the purchase (e.g. attorney fees, the cost of title insurance, and any settlement fees). To this figure, you can add the cost of any additions and improvements that had a useful life of over 1 year, made while you owned the property. And then finally, you add your selling costs, such as the fees paid to a real estate broker and your attorney, as well as any transfer taxes that you may have to pay.

By the time you finish totaling all the costs of buying and selling and improving the property, your capital gain on the sale will likely be lower than the first back-of-the-envelope calculation that you made.  And then subtracting the $250,000 exclusion from this gain figure often brings it below zero.

September 2016
    Social Security
How do I calculate my Social Security break-even age?
61% of people found this answer helpful
August 2016
    Career / Compensation, IRAs, Retirement Plans
Can I contribute to both a Simple IRA and a Roth IRA?
42% of people found this answer helpful
September 2016
    Career / Compensation, Asset Allocation
Which target date fund should I be allocating my paychecks to?
33% of people found this answer helpful
August 2016
    Personal Finance, Stocks
What are the advantages and disadvantages to using a naked short put as a method to purchase stock?
30% of people found this answer helpful
March 2017