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NAICS 523150: Investment Banking and Securities Intermediation

This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities, or acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis.

NAICS code
523150
Title
Investment Banking and Securities Intermediation
Sector
52 Finance and Insurance
Subsector
523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Industry group
5231 Securities and Commodity Contracts Intermediation and Brokerage
SBA size standard
$47 million average annual receipts
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Frequently asked questions

What is NAICS code 523150?

NAICS 523150 is "Investment Banking and Securities Intermediation" in the 2022 North American Industry Classification System, in sector 52 (Finance and Insurance). This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities, or acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis.

What is the SBA size standard for NAICS 523150?

A business is small under NAICS 523150 at or below $47 million average annual receipts, including affiliates (13 CFR 121.201). Confirm the standard named in each solicitation.

How many government bids are open under NAICS 523150?

No open bid in BidRover cites NAICS 523150 right now. Many state and local notices do not list a NAICS code, so a keyword alert for this work catches more of them.

How do I get alerts for NAICS 523150 bids?

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Title and definition: U.S. Census Bureau, North American Industry Classification System (NAICS), 2022. Size standard: U.S. Small Business Administration, Small Business Size Standards, 13 CFR 121.201 (eCFR text as of Oct 21, 2026). Bid counts come from official public sources and refresh every hour; confirm the code and size standard in each solicitation.