523910 — Miscellaneous Intermediation
Description
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.
Illustrative Examples
- 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)
Exclusions & Cross-References
- 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; and
- 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.
Overview Facts
| NAICS Code | 523910 |
|---|---|
| Industry Title | Miscellaneous Intermediation |
| SBA Size Standard | $47,000,000 |
| IRS PBA Code | 523900 (rolled-up match) |
| Sectors Hierarchy | Sector 52 → 523 → 5239 |
| Source / Verified | US Census 2022 NAICS Manual / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6153 - Short-Term Business Credit Institutions, Except Agricultural (via SIC1987:6153→NAICS1997:52391→2002:523910→2007:523910→2012:523910→2017:523910→2022:523910)
- SIC 6211 - Security Brokers, Dealers, and Flotation Companies (via SIC1987:6211→NAICS1997:52391→2002:523910→2007:523910→2012:523910→2017:523910→2022:523910)
- SIC 6792 - Oil Royalty Traders (via SIC1987:6792→NAICS1997:52391→2002:523910→2007:523910→2012:523910→2017:523910→2022:523910)
- SIC 6799 - Investors, NEC (via SIC1987:6799→NAICS1997:52391→2002:523910→2007:523910→2012:523910→2017:523910→2022:523910)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 523910:
- Sector 52 Directory Hub — List of related industries in the Finance and Insurance sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 5239
Frequently Asked Questions (FAQ)
Is 523910 a valid 2022 NAICS code?
NAICS 523910 is 'Miscellaneous Intermediation', a 2022 U.S. national industry under Sector 52 (Finance and Insurance); the SBA small-business size standard is $47,000,000.
What is the SBA size standard for NAICS 523910?
The SBA small business size standard for NAICS 523910 is $47,000,000 (based on receipts).
What is the legacy SIC code mapping for 523910?
NAICS code 523910 maps to the legacy 1987 SIC codes: 6153 - Short-Term Business Credit Institutions, Except Agricultural, 6211 - Security Brokers, Dealers, and Flotation Companies, 6792 - Oil Royalty Traders, 6799 - Investors, NEC.