NAICS Code 541611-14 - Financial Management & Consulting

Marketing Level - NAICS 8-Digit

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Phone Numbers: 206
Business Addresses: 289
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NAICS CODE 541611-14
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NAICS Code 541611-14 Description (8-Digit)

Financial Management & Consulting is a subdivision of the NAICS Code 541611 that provides expert advice and guidance to businesses and individuals on financial matters. This industry involves analyzing financial data, creating financial plans, and providing recommendations to clients on how to improve their financial situation. Financial Management & Consulting services can be provided to a wide range of clients, including individuals, small businesses, and large corporations.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541611 page

Tools

Tools commonly used in the Financial Management & Consulting industry for day-to-day tasks and operations.

  • Financial modeling software
  • Investment analysis software
  • Tax preparation software
  • Accounting software
  • Risk management software
  • Portfolio management software
  • Financial planning software
  • Business valuation software
  • Data visualization tools
  • Economic forecasting tools

Industry Examples of Financial Management & Consulting

Common products and services typical of NAICS Code 541611-14, illustrating the main business activities and contributions to the market.

  • Wealth management
  • Retirement planning
  • Investment consulting
  • Debt management
  • Financial planning
  • Tax planning
  • Risk management
  • Business valuation
  • Asset management
  • Estate planning

History

A concise historical narrative of NAICS Code 541611-14 covering global milestones and recent developments within the United States.

  • The Financial Management & Consulting industry has a long history dating back to the early 20th century. The industry has evolved over time, with notable advancements such as the introduction of computerized accounting systems in the 1950s and the rise of financial consulting in the 1970s. In recent years, the industry has seen significant growth due to the increasing complexity of financial regulations and the need for businesses to manage their finances more efficiently. In the United States, the industry has experienced steady growth since the 1990s, with a surge in demand for financial consulting services following the 2008 financial crisis. Notable milestones in the industry's recent history include the increasing use of data analytics and the rise of fintech startups disrupting traditional financial consulting models.