Established in 2015, Arjuna Capital is a wealth management firm headquartered in Massachusetts. The company specializes in high-touch wealth management, emphasizing sustainable and positive-impact investments that aim to deliver competitive returns while fostering a more robust economy, a healthier environment, and a fairer society. Arjuna Capital engages in shareholder activism with a focus on issues such as racial and gender pay equity, climate change, and governance in social media to encourage safe and honest communication.
Farnum Brown holds the position of Managing Partner and Chief Strategist at Arjuna Capital, a firm he co-founded in 2013. With a rich background in sustainable investing, Farnum established one of the earliest sustainable investment firms, Advent Advisors, in 1987. Before his involvement with Arjuna Capital, he spent 19 years as Senior Vice President, Chief Strategist, and Technical Analyst at Trillium Asset Management, a trailblazer in responsible investing. In 2007, Farnum founded the nonprofit Open Media and Information Company Initiative (www.openmic.org), a shareholder coalition dedicated to promoting an open and competitive digital ecosystem. His efforts with OpenMIC contributed to pioneering shareholder activism on critical issues such as net neutrality and online privacy. Farnum has cultivated a diverse clientele in the music and film industries, collaborating with many prominent progressive voices in the entertainment world. Beyond his work in finance, Farnum has served on the Boards of the Future of Music Coalition, the Public Media Company, the Nasher Museum, Duke Performances, and the Art of Cool Project. He is an alumnus of the University of North Carolina at Chapel Hill, where he earned his bachelor's, master's, and doctoral degrees in philosophy.
Arjuna Capital serves 155 clients with discretionary assets under management (AUM) totaling $374.4 million as per their Form ADV from May 2023. The most recent 13F filing for Q3 2023 revealed $279.1 million in managed 13F securities, accompanied by a top 10 holdings concentration of 41.97%.
