# Karl Fries

> Karl Fries is a fee-only financial advisor at Arjuna Capital in Manchester-By-The-Sea, Massachusetts, who holds the CFA credential. Karl focuses on sustainable & impact investing. Arjuna Capital reports charging a percentage of assets and performance-based fees on its Form ADV.

Page: https://find.wellspent.co/advisors/karl-fries/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Arjuna Capital
- **Based in:** Manchester-By-The-Sea, Massachusetts
- **Fee model (firm's Form ADV):** Percentage of assets; Performance-based fees
- **Assets under management (firm):** $679.7M across 554 accounts
- **Credentials:** CFA
- **Specialties:** Sustainable & impact investing
- **CRD:** 7911208 (https://adviserinfo.sec.gov/individual/summary/7911208)
- **SEC registration:** Investment adviser representative in CA, MA
- **Firm size:** 14 employees
- **Disclosures:** None reported
- **Website:** http://www.arjuna-capital.com

## Frequently asked questions

### Is Karl Fries a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Karl holds no broker registration, and Arjuna Capital reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Karl charge for financial advice?

Karl's firm, Arjuna Capital, reports charging a percentage of assets and performance-based fees on its SEC Form ADV.

### Where is Karl Fries based?

Karl Fries is based in Manchester-By-The-Sea, Massachusetts.

### What does Karl specialize in?

Karl's specialties include sustainable & impact investing.

### What credentials does Karl Fries hold?

Karl Fries holds the CFA credential.

### Is Karl Fries registered with the SEC?

Yes. Karl Fries is registered as an investment adviser representative in CA and MA (CRD 7911208), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Arjuna Capital manage?

Arjuna Capital reports $679.7M across 554 accounts in assets under management.

### How do I contact Karl Fries?

Through Karl's website, www.arjuna-capital.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/7911208): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://arjuna-capital.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.
