Financial Services Industry
Financial Services Industry Glossary Definition
The category describing a company's primary business activity, usually determined by the largest portion of its revenue. For example, if 70% of a company's revenues are from accounting services and the remaining 30% from investment advisory fees, the firm would be classified under Accounting, Auditing, and Bookkeeping Services.
In the US, the federal Standard Industrial Classification (SIC) system is commonly used for data collection and reporting purposes. The system uses 2-, 3-, and 4-digit codes to represent an industry, depending upon the level of detail required. For example:
| SIC 62 | Security and Commodity Brokers, Dealers, Exchanges, and Services |
| SIC 628 | Services Allied With the Exchange of Securities or Commodities |
| SIC 6282 | Investment Advice |
Related to Financial Services Industry:
- Geographical Hedge Fund Guides
- Hedge Fund Employment Guide
- Financial Certification
- Investment Book
- Hedge Fund Terms and Definitions
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