Description of Firm Hemista Inc. is a registered investment based in Boston, MA. We are organized as a corporation under the laws of the State of Delaware. We have been providing investment advisory services since 06/01/2019. We are owned by Gurumoorthi Gunasekaran. The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Hemista Inc. and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Portfolio Management Services We offer discretionary portfolio management services through an automated investment advisory program. We use a proprietary algorithm to manage client accounts that generates recommended portfolios. Your account is invested and rebalanced by the algorithm according to client's needs, investment objectives and tolerance for risk. We seek to provide this service to clients who wish to have investments in countries outside the United States, specifically their home country, as they work abroad in the United States. The portfolios generated by the algorithm seek to provide a balanced equity exposure in their home country and the United States.
We require that our clients complete a comprehensive questionnaire that provides our firm with all necessary and appropriate data for use in the algorithm to generate the recommended portfolio. We may ask follow-up or clarifying questions about client responses, address inconsistencies in client response, or provide a client help when filling out the questionnaire to elicit sufficient information to support our suitability obligation. Clients may or may not have access to advisory personnel to explain or highlight important concepts related to the management of their portfolios. The algorithm might rebalance client accounts without regard to market conditions or on a more frequent basis than the client might expect and the algorithm may not address prolonged changes in market conditions. The adviser might halt trading or take other temporary defensive measures in stressed market conditions. Please refer to Item 8 Methods of Analysis, Investment Strategies and Risk of Loss for additional information regarding the use of algorithms in managing client portfolios. If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. We will also have discretion over the broker or dealer to be used for securities transactions in your account. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms.
You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing.
As part of our portfolio management services, in addition to other

types of investments (see disclosures below in this section), we may invest your assets according to one or more model portfolios developed by our firm. These models are designed for investors with varying degrees of risk tolerance ranging from a more aggressive investment strategy to a more conservative investment approach. Clients whose assets are invested in model portfolios may not set restrictions on the specific holdings or allocations within the model, nor the types of securities that can be purchased in the model. Nonetheless, clients may impose restrictions on investing in certain securities or types of securities in their account. In such cases, this may prevent a client from investing in certain models that are managed by our firm. We do however give clients the ability to consult with investment advisory personnel about the recommended portfolio as it relates to the client's stated investment objective, risk profile, and its suitability to the client. Financial Planning Services We offer financial planning services to clients regarding the management of their financial resources based upon an analysis of their individual needs. We do not charge a separate fee for this service. It is included in the overall fee you pay our firm for portfolio management services. These services are goal-based in meeting specific long-term goals and objectives set forth by the client such as a large purchase or college tuition. If you retain our firm for financial planning services, we will gather information about your financial circumstances and objectives. We may also use financial planning software to determine your current financial position and to define and quantify your long-term goals and objectives. Once we specify those long-term objectives (both financial and non-financial), we will develop shorter-term, targeted objectives. Once we review and analyze the information you provide to our firm and the data derived from our financial planning software, we will deliver a written plan to you, designed to help you achieve your stated financial goals and objectives. Clients may or may not have access to advisory personnel to explain or highlight important concepts related to their financial plan.
Financial plans are based on your financial situation at the time we present the plan to you, and on the financial information you provide to us. You must promptly notify our firm if your financial situation, goals, objectives, or needs change.
You are under no obligation to act on our financial planning recommendations. Should you choose to act on any of our recommendations, you are not obligated to implement the financial plan through any of our other investment advisory services. Moreover, you may act on our recommendations by placing securities transactions with any brokerage firm.
Types of Investments We primarily offer advice on ETFs, and Listed Equities. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss below for additional disclosures on this topic.
Additionally, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
Assets Under Management As of March 24,2023, we provide continuous management services for $258,636 in client assets on a discretionary basis and $0 in client assets on a non-discretionary basis.