2022 NAICS national industry in sector 52 Finance and Insurance
523910 Miscellaneous Intermediation
NAICS 523910 is the US industry code for miscellaneous intermediation. It covers establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis.
- Code
- 523910 (2022 NAICS)
- Title
- Miscellaneous Intermediation
- Part of
- Other Financial Investment Activities
- SBA small business limit
- Average annual receipts up to $47 million
- Closest UK SIC
- 64991, 64992, 64999, 68100 (details)
Changes coming. The NAICS 2027 revision applies to data from 1 January 2027, and SBA proposed new size standards on 20 August 2026. The values on this page are the ones in force today; we update this page when the official files change.
Official definition
This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account.
Examples Census gives
- Investment clubs
- Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
- Venture capital companies
- Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
When to use a different code
Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:
- Investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.
- Managing the portfolio assets (i.e., funds) of others and/or providing customized investment advice are classified in Industry 523940, Portfolio Management and Investment Advice.
Activities listed under 523910
The Census index assigns these 9 activities to this code. If your business matches one, this is your code.
- Individuals investing in financial contracts on own account
- Investment clubs
- Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
- Mortgage dealers, buying and selling
- Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors)
- Securities speculators for own account
- Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
- Venture capital companies
- Viatical settlement companies
SBA size standard for 523910
To count as a small business for SBA loans and federal contracts under NAICS 523910, your business (including affiliates) must not exceed $47 million in average annual receipts. Check your business.
Source: SBA table of size standards, effective March 17, 2023.
Closest UK SIC 2007 codes
There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6499, 6810), so treat them as a starting point and check the definition.
- 64991Security dealing on own accountUK SIC
- 64992FactoringUK SIC
- 64999Financial intermediation not elsewhere classifiedUK SIC
- 68100Buying and selling of own real estateUK SIC
Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.
Similar codes to compare
Data last changed November 14, 2026. How this page is built.