Portfolio Management and Investment Advice: NAICS 523940
Browse federal contract opportunities classified under NAICS code 523940 (Portfolio Management and Investment Advice). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.
About NAICS 523940
Portfolio Management and Investment Advice. This industry falls under the Finance and Insurance sector (NAICS codes beginning with 52).
Federal agencies use NAICS code 523940 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the portfolio management and investment advice space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.
How to Use NAICS 523940 in Federal Contracting
To compete for federal contracts under NAICS 523940, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for portfolio management and investment advice work, they reference this code to determine the applicable small business size standard and any set-aside eligibility.
If you hold certifications such as 8(a), HUBZone, SDVOSB, or WOSB, you may be eligible for set-aside contracts under this NAICS code. These set-asides limit competition to certified small businesses, giving you a significant advantage in winning federal work.
FedOverwatch monitors SAM.gov daily and can automatically match you with new opportunities under NAICS 523940. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.
NAICS 523940 Market Intelligence
Based on 3 years of federal award data from USAspending.gov, the portfolio management and investment advice market has seen 54 contract awards totaling $34.0M in value. The median contract size is $368K, with approximately 2 new awards per month.
Total Awards (3yr)
54
Total Value
$34.0M
Median Contract
$368K
Competitors
21
Contract value distribution
38 small business awards ($18.8M total value,$339K median)
21 companies compete for NAICS 523940 contracts
See who's winning, their award values, and where you fit in the market
Explore CompetitorsSize Standards
The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 523940 (Portfolio Management and Investment Advice), the size standard is based on either average annual receipts or number of employees, depending on the specific industry. Meeting the size standard for your primary NAICS code is required to qualify for small business set-aside contracts.
Visit the SBA Size Standards Table to find the current threshold for NAICS 523940.
Recent NAICS 523940 Opportunities
View all →The U.S. Department of Housing and Urban Development is conducting market research to identify qualified sources for Independent Model Validation and related analytical support for the Federal Housing Administration. The results will inform HUD's acquisition strategy, and responses are requested by July 31, 2026.
The Department of Transportation's Maritime Administration is establishing a pre-qualified pool of Independent Financial Advisors. These advisors will provide third-party financial and economic analyses to evaluate the soundness of projects proposed for Government-guaranteed loans under the Title XI Federal Ship Financing Program.
Frequently Asked Questions
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Set up your profile with your NAICS codes and certifications, and FedOverwatch will automatically match you with relevant portfolio management and investment advice opportunities as they're posted on SAM.gov.