What's the NAICS and SIC code for a financial advisor?
For a financial advisor, use NAICS 523940 (Portfolio Management and Investment Advice) in the US and SIC 66190 (Activities auxiliary to financial intermediation n.e.c.) in the UK.
United States, NAICS 2022
523940 Portfolio Management and Investment Advice
Portfolio Management and Investment Advice, including certified financial planners paid by clients.
SBA small business limit: $47 million average annual receipts.
United Kingdom, SIC 2007
66190 Activities auxiliary to financial intermediation n.e.c.
ONS indexes financial advisor and independent financial advisors here.
Use this code when you register with Companies House or file your confirmation statement.
When a different code fits better
These are the codes most often confused with the main answer. Pick by the activity that earns most of your revenue.
| Code | Title | Use it if |
|---|---|---|
| NAICS 524210 | Insurance Agencies and Brokerages | you mainly sell insurance on commission |
| SIC 66300 | Fund management activities | you manage investment funds |
| SIC 66220 | Activities of insurance agents and brokers | you mainly advise on insurance or pensions as a broker |
Good to know
You can list more than one code. Companies House accepts up to four SIC codes, and SAM.gov lets you add several NAICS codes, with one marked as primary.
What the code affects
- SBA programs and federal contracts: your NAICS code sets the size limit you must stay under to count as small. Check your size.
- SAM.gov registration: contracting officers search by NAICS, so list every code you can deliver work under.
- Companies House: your SIC code appears on the public register and in your confirmation statement.
Related business types
Codes checked against the US Census 2022 NAICS index and the ONS UK SIC 2007 index. Information only; confirm with the agency you file with.