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 |
