DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

4•• C••••••• L••

Asset manager (funds and pooled vehicles)Wakefield, MassachusettsCRD 167462SEC 801-126295websiteIAPD
Latest filing Apr 29, 2026
First filing on the tape Jun 30, 2022 · 9 filings
SEC status approved since Aug 3, 2022
RAUM
$584M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
20
16 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
9
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$584M as of Apr 29, 2026
Mar 29, 2023$207M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 29, 2026
Mar 29, 20230 then
Employees (5.A)20 as of Apr 29, 2026
Mar 29, 202318 then
Private funds9 as of Apr 29, 2026
Mar 29, 202310 then
RAUM +47% over the last fiscal year+41% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$64.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+47%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$584M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      11 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••• V•••••• P••••••• I•• L•Private Equity Fund$89.0M68Jul 20, 2017
      4•• C•••••• C••••••••• F••• I• L•Private Equity Fund$64.7M62Mar 31, 2021
      4•• C•••••• F••• I• L•Private Equity Fund$58.1M57Mar 31, 2021
      B•••• V•••••• F••• I••• L•Other Private Fund$38.9M2May 11, 2017
      4•• C•••••• F••• I•• L•Private Equity Fund$27.6M63Mar 29, 2023
      B•••• C••••••••• I••• L•Private Equity Fund$9.0M71Jul 20, 2017
      F•••••• S•••••• L••Private Equity Fund$6.0M36Jul 20, 2017
      B•••• V•••••• F••• I•• L•Venture Capital Fund$2.7M59May 11, 2017
      B•••• P••••••• I•• L••Private Equity Fund$2.0M2Jul 20, 2017
      B•••• P•••••••• L••no longer reportedPrivate Equity Fund$456,9127Jul 20, 2017
      B•••• C••••••••• I•• L•Venture Capital Fund$00May 11, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• W••••• · Principalcontrol
        since 12/2004 · owns 25% to 50%
      • M•••••• F•••••••• H••••• · Principalcontrol
        since 07/1998 · owns 5% to 10%
      • M••••• J•••••••• M•••• · Chief Compliance Officer And Director Of Finance & Operationscontrol
        since 01/2015 · owns less than 5%
      • M•••••••• B•••••• · Principalcontrol
        since 12/2015 · owns 25% to 50%
      • S••••••• K•••• D••••• · Principalcontrol
        since 02/2017 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • 4•• C•••••• F••• I• L••
        pooled vehicle sponsorn
      • 4•• C•••••• F••• I•• L••
        pooled vehicle sponsorn
      • B•••• V•••••• P••••••• I•• L••
        pooled vehicle sponsorn
      • B•••• V•••••• P••••••• I••• L••
        pooled vehicle sponsorn
      • B•••• V•••••• P••••••• I••• L••
        pooled vehicle sponsorn
      • B•••• V••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $397M to $584M
        Mar 28, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $397M to $584M
        Mar 28, 2025 to Mar 27, 2026
      • RAUM · $397M to $584M
        Mar 28, 2025 to Mar 27, 2026
      • Accounts · 10 to 9
        May 1, 2024 to Mar 28, 2025
      • Advisory employees · 19 to 16
        May 1, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 10 to 9
        May 1, 2024 to Mar 28, 2025
      • Employees · 21 to 20
        May 1, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        May 1, 2024 to Mar 28, 2025
      • Private funds · 10 to 9
        May 1, 2024 to Mar 28, 2025
      • Discretionary RAUM · $298M to $397M
        May 1, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $298M to $397M
        May 1, 2024 to Mar 28, 2025
      • RAUM · $298M to $397M
        May 1, 2024 to Mar 28, 2025
      • Advisory employees · 14 to 19
        Dec 5, 2023 to Mar 29, 2024
      • Employees · 18 to 21
        Dec 5, 2023 to Mar 29, 2024
      • Discretionary RAUM · $207M to $298M
        Dec 5, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $207M to $298M
        Dec 5, 2023 to Mar 29, 2024
      • RAUM · $207M to $298M
        Dec 5, 2023 to Mar 29, 2024
      • Accounts · 9 to 10
        Nov 4, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 9 to 10
        Nov 4, 2022 to Mar 29, 2023
      • Employees · 17 to 18
        Nov 4, 2022 to Mar 29, 2023
      • Private funds · 9 to 10
        Nov 4, 2022 to Mar 29, 2023
      • Discretionary RAUM · $292M to $207M
        Nov 4, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $292M to $207M
        Nov 4, 2022 to Mar 29, 2023
      • RAUM · $292M to $207M
        Nov 4, 2022 to Mar 29, 2023
      • Private funds · 18 to 9
        Jun 30, 2022 to Nov 4, 2022
      Signals
      2 dated events
      • 4•• C••••••• L•• reported RAUM $584.5M, up 47% from $396.7M (2025-03-28 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • 4•• C••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2022 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      424CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      781-295-4000reportedpublic record, Form ADV, Apr 29, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026