Industry Description
This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers.
Illustrative Examples:
Bond dealing (i.e., acting as a principal in dealing securities to investors)
Stock options dealing
Securities underwriting
Cross-References.
Business Examples
Common types of business activities within NAICS 523110 - Investment Banking and Securities Dealing are:
- Securities trading (i.e., acting as a principal in dealing securities to investors)
- Securities flotation companies
- Bond dealing (i.e., acting as a principal in dealing securities to investors)
- Investment banking
- Underwriting securities
- Paper, dealing of commercial (i.e., acting as principal in dealing securities to investors)
- Banking, investment
- Market making for securities
- Securities dealers (i.e., acting as a principal in dealing securities to investors)
- Securities floor traders (i.e., acting as a principal in dealing securities to investors)
- Commercial paper dealing (i.e., acting as a principal in dealing securities to investors)
- Securities dealing (i.e., acting as a principal in dealing securities to investors)
- Securities distributing (i.e., acting as a principal in dealing securities to investors)
- Securities underwriting
- Making markets for securities
- Stock options dealing (i.e., acting as a principal in dealing securities to investors)
- Trading securities (i.e., acting as a principal in dealing securities to investors)
- Securities originating (i.e., acting as a principal in dealing securities to investors)
IBISWorld Industry Research Report
Investment Banking & Securities Dealing in the US (52311)
Revenue 2022
$182.5bn
Growth 2022
17.63%
Key Trends
Industry operators have benefited from increased trading activity on behalf of their clients
Largely stemming from strong demand for IPOs, industry revenue has increased
Industry operators are expected to benefit from rising interest rates on loans made
Products and Services
Similar Industries
For some business types, there may be a similar industry to 523110 - Investment Banking and Securities Dealing that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling securities on a commission or transaction fee basis are classified in Industry 523120, Securities Brokerage; and
IBISWorld industry research report
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NAICS Cross Reference
Investment clubs or individual investors primarily engaged in buying or selling financial contracts (e.g., securities) on their own account are classified in Industry 523910, Miscellaneous Intermediation.
IBISWorld industry research report
NAICS Hierarchy 523110 - Investment Banking and Securities Dealing
NAICS Code 523110 - Investment Banking and Securities Dealing sits in the 2-digit Investment Banking and Securities Dealing sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 52
Sector Title: Finance and Insurance
3 Digits 4 Digits 5 Digits 6 Digits
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5211 Monetary Authorities-Central Bank
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52111 Monetary Authorities-Central Bank
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5221 Depository Credit Intermediation
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52211 Commercial Banking
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52212 Savings Institutions
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52213 Credit Unions
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52219 Other Depository Credit Intermediation
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5222 Nondepository Credit Intermediation
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52221 Credit Card Issuing
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52222 Sales Financing
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52229 Other Nondepository Credit Intermediation
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5223 Activities Related to Credit Intermediation
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52231 Mortgage and Nonmortgage Loan Brokers
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52232 Financial Transactions Processing, Reserve, and Clearinghouse Activities
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52239 Other Activities Related to Credit Intermediation
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5231 Securities and Commodity Contracts Intermediation and Brokerage
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52311 Investment Banking and Securities Dealing
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52312 Securities Brokerage
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52313 Commodity Contracts Dealing
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52314 Commodity Contracts Brokerage
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5232 Securities and Commodity Exchanges
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52321 Securities and Commodity Exchanges
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5239 Other Financial Investment Activities
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52391 Miscellaneous Intermediation
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52392 Portfolio Management
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52393 Investment Advice
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52399 All Other Financial Investment Activities
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5241 Insurance Carriers
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52411 Direct Life, Health, and Medical Insurance Carriers
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52412 Direct Insurance (except Life, Health, and Medical) Carriers
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52413 Reinsurance Carriers
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5242 Agencies, Brokerages, and Other Insurance Related Activities
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52421 Insurance Agencies and Brokerages
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52429 Other Insurance Related Activities
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5251 Insurance and Employee Benefit Funds
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52511 Pension Funds
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52512 Health and Welfare Funds
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52519 Other Insurance Funds
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5259 Other Investment Pools and Funds
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52591 Open-End Investment Funds
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52592 Trusts, Estates, and Agency Accounts
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52599 Other Financial Vehicles
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 523110 - Investment Banking and Securities Dealing.
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