Hemista Inc.

Hemista Inc. is a registered investment adviser based in Boston, MA, established on June 1, 2019, and owned by Gurumoorthi Gunasekaran. The firm specializes in providing discretionary portfolio management services through an automated investment advisory program. Clients' accounts are managed using a proprietary algorithm that generates recommended portfolios based on individual needs, investment objectives, and risk tolerance. Clients grant discretionary authority to the firm to manage their accounts, allowing the firm to formulate investment strategies and make transactions without prior approval. The firm primarily advises on ETFs and Listed Equities, with a focus on long-term purchases and modern portfolio theory. For portfolio management services, fees are based on a percentage of assets under management, with an annual fee schedule ranging from 0.30% to 0.50%. Financial planning services are included in the overall fee for portfolio management. The firm does not accept performance-based fees or engage in side-by-side management. Hemista Inc. caters to individuals and high net worth individuals, with a minimum account size requirement of $2,000, which may be waived at the firm's discretion. Clients receive ongoing account monitoring and periodic reviews to ensure alignment with their investment needs and objectives. The firm does not vote proxies on behalf of clients and does not participate in class action lawsuits on behalf of clients.