For needs that are unique to your situation
03Exposure to home & country of residence
Maximizing the potential of your financial growth
Newbie or pro-investor- we got you covered. At Hemista, we cater to the needs of our customers by customizing portfolios so your money can grow to its maximum potential
One advisor, two nations
We eliminate the need to have two advisors, one for India and the U.S
No Minimum Investment
You can start with any amount, and there is no lock-in period for your investments
We charge a fixed fee on the AUM and use low-cost commission-free ETFs
Minimising currency risk
Our proprietary algorithm significantly reduces currency risk by matching the currency of your income & expenses
Seamless Account Opening
You can open an account in a few minutes, and it is entirely paperless.
Your financial goals at the touch of your fingertips.
Designed specially for Indians living in the US, Hemista generates a single portfolio with exposure to both the US and Indian financial markets.
HOW IT WORKS
HOW IT WORKS
Fill out a simple questionnaire
Hemista will recommend a personalized portfolio
On confirmation, you can open an online account with Hemista
Link to bank
Link your bank account to fund the account
Our system will allocate the funds according to the algorithm in a diversified portfolio comprising of ETFs within different asset classes.
We follow a long term passive investing strategy of buy and hold and do not time the market.
Our portfolios are diversified among different asset categories and every category is represented by one or two ETFs
Modern Portfolio Theory
We incorporate elements of modern portfolio theory while building our portfolio and try to maximize risk-adjusted returns
Exposure to US and Indian markets
Our portfolios have significant exposure to the US and Indian markets
We review the portfolio annually for Re-balancing
Frequently Asked Questions
What is a Robo Advisor?
A Robo Advisor is an online investment advisory platform which automates the investment advisory process with minimal human intervention. The whole process takes about 10 minutes.
What is Hemista?
Hemista is a one of its kind Robo Advisor, which takes into account the unique profile and needs of expatriates while designing an investment portfolio. The portfolio is allocated predominantly to assets with exposure to two countries viz the home country and the country of residence.
Is Hemista a Regulated Institution?
Yes. Hemista is a Registered Investment Adviser company with the U.S. Securities and Exchange, and it is regulated primarily under the Investment Advisors Act of 1940.
Is it safe to share personal information with Hemista?
As a fiduciary, Hemista is required by law to collect certain information about the users as part of the KYC process. Hemista uses one of the best in class industry standards when it comes to protecting user information.
What are the investment products Hemista uses to build the portfolio?
Hemista uses low-cost ETFs provided by some of the leading asset managers in the world, such as iShares BlackRock, SPDR.
Who can open an account with Hemista?
Anyone who lives in the US and has a social security number can open an account with Hemista. If the user is on H or L visa , then they will need to upload their passport and visa copy.
What are ETFs?
ETFs are low-cost funds which track an underlying Index. ETFs are a cost-effective way to gain exposure to a basket of equity or debt instruments.
How is Hemista different from other Robo Advisors?
Hemista’s proprietary asset allocation model is tailored to the specific needs of Non-Residential Indians in the U.S. For example; generic Robo Advisors typically have an exposure of 2% to the Indian markets which we believe is not appropriate allocation for our target segment.
Are the assets held with Hemista safe?
Hemista Inc. offers investment advice as a fiduciary and the assets are held under our custodian partner T.D. Ameritrade, a SEC-registered broker dealer. Your money is protected through T.D. Ameritrade’s membership in SIPC, insuring investors up to $500,000 (including $ 250,000 in claims for cash).
What are the charges for using Hemista?
Hemista is a fee-only Investment Adviser, and we charge 50 bps (0.05%) per annum on the Assets under management and 40 bps (0.04%) for accounts with more than $ 50,000 .
Does Hemista provide any guarantee on the performance of the portfolio?
No, Hemista does not guarantee anything related to the performance of the portfolio.
Is there any lock-in period for investments?
There is no lock-in period for investments made through us. You are free to redeem your investments anytime and it may take up to 3-5 business days for the money to get credited in your bank account.
An Investment Conundrum – Choosing Between Stocks And Real Estate for NRIs
If you work in the U.S. and want to deploy your savings back home in India, finding the right investment opportunity isn’t easy. Until about six years ago, real estate provided NRIs
Are IRAs suitable for US-based NRIs ?
Whatever your age or financial situation, it’s never too early to start saving for retirement. For NRIs residing in the US, investing through an Individual Retirement Account (IRA)
NRIs: Balancing Investments between the US and India
Many NRIs live with their feet in two worlds, living the American dream while tied to India through family, assets, or business. These ties play an important part in planning your financial future.