NAICS code: 523150 — Investment Banking and Securities Intermediation
2022 NAICS code: 523150 — Investment Banking and Securities Intermediation
Industry description: This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities, or acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis.  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)
Mutual fund agencies (i.e., brokerages)
Securities brokerages
Securities underwriting
Stock brokerages
Stock options dealing


Cross-References.

NAICS hierarchy: 52 Finance and Insurance > 523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities > 5231 Securities and Commodity Contracts Intermediation and Brokerage > 52315 Investment Banking and Securities Intermediation

ExioML sector: Financial intermediation services, except insurance and pension funding services (65)
Region: US, year: 2022
Value added: 513913.698347 M.EUR
Employment: 4156.5058422 thousand persons
GHG emissions: 6216615088.58 kg CO2 eq.
Energy carrier net total: 178921.216966 TJ
Carbon intensity: 0.0120966129304895

Companies in this industry:

Company: Raymond James Financial Inc
Raymond James Financial Inc (RJF) is a diversified financial services provider which offers banking, financial planning, and capital market solutions.

Company: Lpl Financial Holdings Inc
LPL Financial is a wealth management firm that serves as an independent broker-dealer, RIA custodian, and/or provider of third-party services for financial professionals, RIA firms, and institutions. We provide technology, investment solutions, and services to support these financial professionals and their clients.

Company: Merrill Lynch Prce Fnner Smith
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) is a registered broker-dealer, registered investment advisor, Member SIPC and wholly owned subsidiary of BofA Corp. Meet all of the finalists and winners at ThinkAdvisor.com.

Company: Td Ameritrade Holding Corp
TD Ameritrade Holding Corp (TDAHC), a subsidiary of The Charles Schwab Corporation, is a provider of securities brokerage and technology-based financial services to independent registered investment advisors and retail investors.

Company: Credit Suisse Holdings USA Inc
Credit Suisse Holdings (USA), Inc. provides investment banking services. The Company offers securities underwriting, sales and trading, investment banking, private equity, financial advisory services, investment research, venture capital, correspondent brokerage services, and asset management services.

Company: Goldman Sachs Group Inc
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

Company: Jefferies Financial Group Inc
Jefferies Financial Group Inc. is a global diversified financial services company focusing on investment banking and capital markets, asset management and direct investing.

Company: Morgan Stanley
Morgan Stanley is a financial services corporation that, through its affiliates and subsidiaries, advises, and originates, trades, manages, and distributes capital for institutions, governments, and individuals.

Company: Jpmorgan Chase & Co
Our company is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Our rich history spans over 200 years. We are a leader in investment banking, financial services for consumers and small business, commercial banking, financial transactions processing and asset management.