Emma Research LLC

Emma Research LLC is a state-registered investment adviser that offers investment management and financial planning to individuals, high-net-worth individuals, and charitable organizations, though it currently reports no clients or assets under management. The firm describes delivering continuous advice and constructing client-specific investment policy statements to guide portfolio construction and supervision.

EMMA emphasizes passive investment management using index mutual funds and ETFs for broad asset-class exposures, complemented by fundamental analysis and active management for larger accounts (typically those over $200,000). The firm also offers comprehensive financial planning on an hourly basis (stated at $200 per hour), an hourly billing model that is less common among peers primarily charging percentage-of-AUM fees.

A notable aspect of the firm is that its principal concurrently serves as Head of Sustainable Investment Strategy at a major life insurance company (MassMutual), devoting approximately 40 hours per week to that role, which creates an affiliation with an insurance company that is uncommon for investment-manager firms. As an early-stage, single-employee firm founded in 2024, EMMA reports standard AUM-based advisory fees in its schedule but currently has no assets under management and limits custody to its fee-debiting authority rather than holding client assets directly.