This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.
Illustrative Examples:
Managing trusts Pension fund managing Mutual fund managing Portfolio fund managing
Cross-References. Establishments primarily engaged in investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.
Go to: | No change 2002 to 2007 | No change 1997 to 2002 | 2002 Economic Census and other data sources |
2007 NAICS | 2002 NAICS | 1997 NAICS |
Corresponding Index Entries |
---|---|---|---|
523920 | 523920 | 523920 | Investment management |
523920 | 523920 | 523920 | Managing investment funds |
523920 | 523920 | 523920 | Managing mutual funds |
523920 | 523920 | 523920 | Managing personal investment trusts |
523920 | 523920 | 523920 | Managing trusts |
523920 | 523920 | 523920 | Mutual fund managing |
523920 | 523920 | 523920 | Pension fund managing |
523920 | 523920 | 523920 | Personal investments trusts, managing |
523920 | 523920 | 523920 | Portfolio fund managing |