Registry · NAICS Index · Sector 52

523910 — Miscellaneous Intermediation

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 (defined under 13 CFR § 121.201).

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 (as defined in the official U.S. Census Bureau 2022 NAICS Manual).

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 Structure: 523910 National Industry
Sector (2)
52
Finance and Insurance
Subsector (3)
523
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Industry Group (4)
5239
Other Financial Investment Activities
Industry (5)
52391
Miscellaneous Intermediation
National Industry (6)
523910
Miscellaneous Intermediation

Legacy SIC Concordance

Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.

Suggested Product Service Codes (Advisory)

The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.

  • PSC R711 — Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public)

Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)

Frequently Asked Questions (FAQ)

Is NAICS code 523910 valid in 2022? ▾

Yes, 523910 is a valid 6-digit 2022 NAICS national industry code representing 'Miscellaneous Intermediation' under Sector 52 in the official classification index.

What is the SBA size standard for NAICS code 523910? ▾

The Small Business Administration (SBA) has established a small business size standard of $47,000,000 for NAICS code 523910 (Miscellaneous Intermediation), calculated based on receipts.

What is the legacy SIC equivalent for NAICS 523910? ▾

According to official Census Bureau concordance tables, NAICS code 523910 (Miscellaneous Intermediation) maps to legacy 1987 Standard Industrial Classification (SIC) codes: 6153 - Short-Term Business Credit Institutions, Except Agricultural, 6211 - Security Brokers, Dealers, and Flotation Companies, 6792 - Oil Royalty Traders, 6799 - Investors, NEC.

Related Pages & Tools

Further regulatory reference links for NAICS code 523910: