Operate · the United States

Underwriting: Open-End Investment Funds

What public records can and cannot establish about running this business in the United States, dimension by dimension, with the gaps named.

— not scored
REWORK
PROVE
OPEN
NOT SCORED. 65 of 100 rubric points are evidenced deterministically from public records; 10 have no producer. The ±3.1 interval measured elsewhere on this site is ARBITER's sampling variance and does not apply to a SQL query, which returns the same answer every time it runs.
IndustryNAICS 525910
Scopethe United States
RubricO1.0-20260804
Pricedfree — no account, no gate
100th percentile of 287 industries

Where this industry stands

Net formation, 5yrPercentileReads asSignal strength
+10.60%100th of 287forming much faster than it is dyingρ 0.57 across 4 backtested windows, 42.6pp decile separation
SBA 7(a) acquisition loans · FY2010–FY2024

Can you borrow to buy one

MeasureValue
Acquisition loans approved4
Median loan$213,125
Mean rate9.31%
Mean term102 months
Charged off—
327 firms · Census SUSB 2022

What firms here actually earn

Revenue band ($000)FirmsShareCumulativeLabour share of revenue
<1005617.1%17.1%196.2%
100-49910231.2%48.3%33.8%
500-9995215.9%64.2%36.4%
1,000-2,4994513.8%78.0%42.5%
2,500-4,999268.0%85.9%38.5%
5,000-7,499134.0%89.9%26.8%
7,500-9,99972.1%92.0%14.7%
10,000-14,99930.9%93.0%51.9%
15,000-19,99941.2%94.2%30.6%
40,000-49,99951.5%95.7%46.3%
100,000+144.3%100.0%22.5%
SBA 7(a) · FY2010–FY2024

Can an acquisition here be financed?

MeasureValue
SBA acquisition loans on record4
Median loan$213,125
Typical rate9.31%
Typical term102 months
Total approved$852,500

Take this away

FormatWhat it is
download the document →One self-contained file — no stylesheet, no fonts, no scripts. Works offline, prints, and carries a content hash anyone can verify at /verify without an account.
JSON →The same figures as data, with every source and gap attached.
65 of 100 rubric points evidenced

What this report can and cannot underwrite

DimensionWeightEvidencePredicts?Source
O1 · Demand density and recurrence25evidencedpredictive · ρ +0.57US Census County Business Patterns
O2 · Payment evidence15partialnot backtestedUSASpending.gov — US federal government work, public domain
O3 · Licence gate favourability15evidencednot backtestedCareerOneStop / ARC, U.S. Department of Labor
O4 · Labour availability15evidencednot backtestedBLS Occupational Employment and Wage Statistics, May 2024
O5 · Incumbent weakness10no producernot backtestednone
O6 · Margin structure10partialnot backtestedUS Census Statistics of U.S. Businesses 2022
O7 · Ceiling10evidencedDESCRIPTIVE ONLY · ρ +0.05US Census Business Dynamics Statistics — public domain

Every licensed occupation in this industry

OccupationShare hereConcentrationJurisdictions
Personal Financial Advisors4.84%42.8×32 of 56
Securities, Commodities, and Financial Services Sales Agents3.48%13.6×23 of 56
Financial Managers6.99%13.1×13 of 56
Financial and Investment Analysts8.75%44.3×1 of 56
Accountants and Auditors6.87%7.2×49 of 56
General and Operations Managers11.81%4.8×23 of 56
Bookkeeping, Accounting, and Auditing Clerks3.29%3.4×2 of 56
Office Clerks, General5.66%3.3×1 of 56

What this report cannot tell you

Gap
licence titles in this scope — none matched 'Financial and Investment Analysts', though it is licensed in 32 jurisdictions nationally. The title differs locally, or the record is held municipally.
occupation mix for NAICS 525910 — the labour statistics carry no rows at this level, so everything about occupations here, including the defining occupation and its licence gate, is measured at NAICS 525900, a broader grouping. Establishment counts are for 525910 itself.
licence coverage — the register holds 54 of 56 US licensing jurisdictions, and 2,504 of its records carry no jurisdiction at all. A count of 32 is out of 54 searched, not out of 56. The unsearched jurisdictions are not evidence of no licence.
bonding_required_usd — no producer, and not estimated