01 / NAICS Market Profile
NAICS 523930 Investment Advice Federal Contracts
North American Industry Classification System code 523930
Federal contract activity classified under Investment Advice across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 523930 federal market?
03 / Spending Trend
NAICS 523930 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$11.85M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $7.03M | 78 | 28 | 11 | — |
| FY 2020 | $15.61M | 87 | 26 | 13 | +122.1% |
| FY 2021 | $18.97M | 92 | 27 | 13 | +21.5% |
| FY 2022 | $26.88M | 87 | 20 | 9 | +41.7% |
| FY 2023 | $40.18M | 105 | 15 | 7 | +49.5% |
| FY 2024 | $38.42M | 106 | 18 | 8 | −4.4% |
| FY 2025 | $11.85M | 91 | 11 | 7 | −69.2% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| ENERGY, DEPARTMENT OF | 8900 | $118.49M | 349 | 2 | 74.6% |
| PENSION BENEFIT GUARANTY CORPORATION | 1665 | $29.60M | 79 | 9 | 18.6% |
| HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | 8600 | $10.37M | 19 | 2 | 6.5% |
| FEDERAL BUREAU OF INVESTIGATION | 1549 | $3.36M | 16 | 2 | 2.1% |
| OVERSEAS PRIVATE INVESTMENT CORPORATION | 7100 | $1.92M | 13 | 4 | 1.2% |
| UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION | 7700 | $1.71M | 60 | 5 | 1.1% |
| SELECTIVE SERVICE SYSTEM | 9000 | $1.18M | 6 | 3 | 0.7% |
| MARITIME ADMINISTRATION | 6938 | $725.0K | 1 | 1 | 0.5% |
| SECURITIES AND EXCHANGE COMMISSION | 5000 | $557.1K | 35 | 7 | 0.4% |
| DEPT OF THE AIR FORCE | 5700 | $378.3K | 11 | 2 | 0.2% |
05 / Contracting Offices
Which contracting offices buy in NAICS 523930?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| HEADQUARTERS PROCUREMENT SERVICES | 893030 | ENERGY, DEPARTMENT OF | $118.49M | 345 | 2 | 74.6% |
| PENSION BENEFIT GUARANTY CORP | 16PBGC | PENSION BENEFIT GUARANTY CORPORATION | $29.60M | 79 | 9 | 18.6% |
| CPO : GNMA SUPPORT DIVISION | 866155 | HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | $6.71M | 10 | 2 | 4.2% |
| CPO : FHA HOUSING SUPPORT DIVISION | 866156 | HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | $3.66M | 9 | 2 | 2.3% |
| DIVISION 1200 | 15F067 | FEDERAL BUREAU OF INVESTIGATION | $3.36M | 16 | 2 | 2.1% |
| OPIC ACQUISITION OFFICE | 713111 | OVERSEAS PRIVATE INVESTMENT CORPORATION | $1.92M | 13 | 4 | 1.2% |
| OFFICE OF ACQUISITION | 773444 | UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION | $1.71M | 60 | 5 | 1.1% |
| IBC ACQ SERVICE DIVISION (00070) | 140D70 | DEPARTMENTAL OFFICES | $1.25M | 3 | 1 | 0.8% |
| SELECTIVE SERVICE SYSTEM (SSS) | 90MC00 | SELECTIVE SERVICE SYSTEM | $1.18M | 6 | 3 | 0.7% |
| 693JF7 DOT MARITIME ADMINISTRATION | 693JF7 | MARITIME ADMINISTRATION | $725.0K | 1 | 1 | 0.5% |
06 / Top Vendors
Which contractors lead the NAICS 523930 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| ARCHETYPE II LLC | $118.18M | 342 | 1 | 74.4% | Jul 8, 2025 |
| GUIDEHOUSE LLP | $10.18M | 5 | 1 | 6.4% | Apr 2, 2025 |
| MERCER INVESTMENTS LLC | $7.93M | 17 | 1 | 5.0% | Aug 21, 2025 |
| BLACKROCK FINANCIAL MANAGEMENT, INC. | $5.47M | 20 | 1 | 3.4% | Oct 5, 2023 |
| PERELLA WEINBERG PARTNERS LP | $5.10M | 4 | 1 | 3.2% | Oct 5, 2023 |
| GREENHILL & CO., LLC | $4.20M | 2 | 1 | 2.6% | Sep 29, 2023 |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $3.50M | 5 | 1 | 2.2% | Jan 16, 2024 |
| S&P GLOBAL MARKET INTELLIGENCE LLC | $2.84M | 13 | 2 | 1.8% | Sep 23, 2025 |
| J.P. MORGAN INVESTMENT MANAGEMENT INC. | $2.46M | 20 | 1 | 1.5% | Sep 29, 2025 |
| MEKETA INVESTMENT GROUP, INC. | $1.84M | 32 | 2 | 1.2% | Jul 10, 2024 |
07 / Product and Service Mix
What products and services are purchased under NAICS 523930?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| R408 | SUPPORT- PROFESSIONAL: PROGRAM MANAGEMENT/SUPPORT | $118.18M | 342 | 1 | 74.4% |
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $41.26M | 144 | 20 | 26.0% |
| R704 | SUPPORT- MANAGEMENT: AUDITING | $2.56M | 8 | 1 | 1.6% |
| D317 | IT AND TELECOM- WEB-BASED SUBSCRIPTION | $1.71M | 23 | 4 | 1.1% |
| DK10 | IT AND TELECOM - STORAGE AS A SERVICE | $997.8K | 2 | 1 | 0.6% |
| R702 | SUPPORT- MANAGEMENT: DATA COLLECTION | $802.2K | 8 | 1 | 0.5% |
| B507 | SPECIAL STUDIES/ANALYSIS- ECONOMIC | $725.0K | 1 | 1 | 0.5% |
| 7030 | INFORMATION TECHNOLOGY SOFTWARE | $379.5K | 5 | 2 | 0.2% |
| B547 | SPECIAL STUDIES/ANALYSIS- ACCOUNTING/FINANCIAL MANAGEMENT | $273.8K | 5 | 1 | 0.2% |
| R703 | SUPPORT- MANAGEMENT: ACCOUNTING | $181.0K | 4 | 2 | 0.1% |
08 / Buying Pattern
How does the government buy in NAICS 523930?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $121.63M | 428 |
| DEFINITIVE CONTRACT | $32.25M | 129 |
| PURCHASE ORDER | $4.32M | 69 |
| BPA CALL | $734.1K | 20 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 523930?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $158.93M market as addressable.