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NAICS Code· 523999

NAICS 523999: Miscellaneous Financial Investment Activities

This U.S. industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis. Illustrative Examples: Exchange clearinghouses, commodities or securities Stock quotation services Gas lease brokers' offices Cross-References. Establishments primarily engaged in--Show more

NAICS 523999 – Miscellaneous Financial Investment Activities encompasses specialized financial services that support government financial operations beyond traditional banking or securities trading. This category includes asset management advisory, portfolio structuring, investment strategy development, financial modeling, risk assessment for public funds, and technical support for sovereign wealth or trust fund administration.

8
Active Contracts
$520K
Total Obligations (12mo)
5
Awarded Contracts (12mo)
4
Contractors Awarded (12mo)
1
Median Bidders per Award
-74.7%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 523999.

AI Industry Description

NAICS 523999 – Miscellaneous Financial Investment Activities encompasses specialized financial services that support government financial operations beyond traditional banking or securities trading. This category includes asset management advisory, portfolio structuring, investment strategy developm...

NAICS 523999 – Miscellaneous Financial Investment Activities encompasses specialized financial services that support government financial operations beyond traditional banking or securities trading. This category includes asset management advisory, portfolio structuring, investment strategy development, financial modeling, risk assessment for public funds, and technical support for sovereign wealth or trust fund administration. These services are critical for agencies managing complex financial portfolios, grant disbursement mechanisms, or long-term fiscal planning initiatives. In the federal contracting landscape, this NAICS serves as a niche but vital conduit for integrating financial expertise into mission-critical programs, often requiring compliance with federal accounting standards, audit readiness, and interagency fund coordination. Top contractors in this sector include Deloitte Consulting LLP, a large prime with deep capabilities in public sector financial advisory and systems integration; Medianow, Inc., a mid-sized firm specializing in financial analytics and compliance automation; and Oneida Business Enterprises, Inc., a small business offering culturally informed financial planning services often aligned with tribal or community development initiatives. The competitive landscape is characterized by a mix of large professional services firms and certified small businesses, with differentiation driven by domain expertise in public finance, regulatory knowledge, and data-driven modeling tools. Primary buyers include the Department of the Treasury, Department of Homeland Security, Department of Defense, and the Agency for International Development, among others. These agencies require financial investment services to manage revolving funds, international development financing, grant oversight, and trust fund stewardship. Demand is often tied to statutory mandates for fiscal transparency, performance-based budgeting, and accountability in multi-year appropriations. The market is highly specialized, with opportunities concentrated in agencies undergoing financial modernization or expanding international financial operations. Contractors with proven experience in federal financial systems, GAAP/GASB compliance, and risk-adjusted investment frameworks are best positioned to compete. Emerging trends show increased demand for integrated financial analytics platforms and real-time fund tracking solutions to enhance fiscal stewardship across distributed programs.

Small Business Size Standard

The SBA threshold that decides who can bid NAICS 523999 work as a small business.

$47.0M
Applies to the whole industry code

The SBA cap for this NAICS (13 CFR 121.201). A business at or under it can self-certify as small for work in this code, which is what makes it eligible for a small-business set-aside. The cap is set per NAICS, so the same company can be small in one code and not in another.

13 CFR 121.201, effective January 1, 2026. The SBA revises the table roughly once a year.

Top Contractors

Companies with the highest total award value under NAICS 523999, ranked by dollars won.

Ranked by total awards

Top Agencies

Federal agencies directing the most contract spending toward NAICS 523999.

Competition

How many companies historically bid on federal awards in NAICS 523999, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 2,021 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

57%

Share of reported awards with one bidder

10+ Bidder Awards

8%

Share of reported awards with 10+ bidders

Reported Awards

2,021

84% of 2,400 total awards

Bidder Count Distribution by Fiscal Year

Share of reported awards in each bidder-count bracket per federal fiscal year.

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
523999This Code
Miscellaneous Financial Investment Activities
Usually Single-Bid157%
2,02184% of 2,400
52399NAICS Industry
Usually Single-Bid165%
2,52487% of 2,917
5239Industry Group
Other Financial Investment Activities
Usually Single-Bid177%
28,44395% of 30,049
523Subsector
Usually Single-Bid176%
29,55095% of 31,253
52Sector
Finance and Insurance
Usually Single-Bid171%
55,86385% of 65,585

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Miscellaneous Financial Investment Activities, by shared sector, subsector, and industry group.

Explore contracts across multiple NAICS codes Browse all NAICS Codes

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NAICS 523999 FAQ

Frequently Asked Questions

NAICS code 523999 covers Miscellaneous Financial Investment Activities. This U.S. industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis. Illustrative Examples: Exchange clearinghouses, commodities or securities Stock quotation services Gas lease brokers' offices Cross-References. Establishments primarily engaged in--

Recently Posted in Miscellaneous Financial Investment Activities

NAICS: 523999
Closed
Federal
Export Business Development Events (Export BDE) Global
Solicitation # 83310126Q1BDE
The Export-Import Bank of the US (EXIM) has issued a combined synopsis/solicitation, number 83310126Q1BDE, as a Request for Quotation for Export Business Development Events (Export BDE) Global services. This procurement is conducted under FAR 13.5 and FAR 12 for commercial services and will be awarded on a firm-fixed-price basis, subject to the availability of funds. The award will be determined based on the lowest price among offerors who are deemed responsive, responsible, and possess satisfactory past performance. Because there is no incumbent contractor or historical data for this requirement, offerors are encouraged to submit published or historical pricing to assist the government in determining fair and reasonable pricing. All quoted prices must be all-inclusive, covering shipping, freight, tariffs, and duties, as no additional costs will be accepted after submission. To be eligible for award, firms must be registered in the System for Award Management (SAM). Offerors must comply with specific cybersecurity mandates, specifically providing an attestation of adherence to NIST Special Publication 800-171 for protecting Controlled Unclassified Information (CUI). This includes maintaining a documented System Security Plan (SSP) and a Plan of Action and Milestones (POA&M) to address any security deficiencies. Evaluation of potential contractors will consider quality of services, management controls, cost control, schedule compliance, and customer satisfaction. Quotations must be submitted via email to the designated point of contact no later than August 31, 2026, at 5:00pm Eastern Time.
Export Import Bank Of The US

POSTED

about 2 months ago

CLOSED

about 1 month ago
View Details
NAICS: 523999
Closed
SLED
Hyperion Water Reclamation Plant Utility Mapping and Digitization (S-075)
Solicitation # 231306
The City of Los Angeles, through LA Sanitation and Environment, is soliciting proposals for the Hyperion Water Reclamation Plant Utility Mapping and Digitization project under Task Order Solicitation S-075. This project aims to create a spatially accurate digital inventory of the plant's complex utility infrastructure, including electrical conduits, sewer, storm drains, and gas lines, to support operations and capital improvements. The scope of work involves reviewing existing as-built drawings, performing field verification using ground penetrating radar and potholing, and developing integrated GIS datasets and BIM utility models using Autodesk Revit and Esri Arc-GIS. The estimated cost ceiling for this effort is approximately 8,615,250 dollars. Eligibility is strictly limited to the 31 prime consultants on the pre-qualified on-call list, though other firms may participate as subconsultants. Proposals are due by September 25, 2026, and must be submitted via email to Quynh Ho and David Santos. Evaluation criteria focus on the consultant's and personnel's expertise in subsurface utility engineering and BIM/GIS development, the technical approach to data collection and quality control, project management capabilities, and the competitiveness of the proposed fees. Additionally, the contract emphasizes compliance with the City of Los Angeles Business Inclusion Program, requiring specific outreach and certification documentation for MBE, WBE, SBE, EBE, and DVBE subconsultants.
Sanitation Bureau, Public Works

POSTED

2 months ago

CLOSED

19 days ago
View Details

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