| 5232 |
Securities and Commodity Exchanges |
— |
| 52321 |
Securities and Commodity Exchanges |
See industry description for 523210. |
| 523210 |
Securities and Commodity Exchanges |
This industry comprises establishments primarily engaged in furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of stocks, stock options, bonds, or commodity contracts. |
| 5239 |
Other Financial Investment Activities |
This industry group comprises establishments primarily engaged in one of the following: (1) acting as principals in buying or selling financial contracts (except investment bankers, securities dealers, and commodity contracts dealers); (2) acting as agents (i.e., brokers) (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts; or (3) providing other investment services (except securities and commodity exchanges), such as portfolio management; investment advice; and trust, fiduciary, and custody services. |
| 52391 |
Miscellaneous Intermediation |
See industry description for 523910. |
| 523910 |
Miscellaneous Intermediation |
This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account. |
| 52394 |
Portfolio Management and Investment Advice |
See industry description for 523940. |
| 523940 |
Portfolio Management and Investment Advice |
This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis and/or providing customized investment advice to clients on a fee basis. Establishments providing portfolio management have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. Establishments providing investment advice provide financial planning advice and investment counseling to meet the goals and needs of specific clients, but do not have the authority to execute trades. |
| 52399 |
All Other Financial Investment Activities |
This industry comprises establishments primarily engaged in acting as agents or brokers (except securities brokerages and commodity contracts brokerages) in buying and selling financial contracts and those providing financial investment services (except securities and commodity exchanges, portfolio management, and investment advice). |
| 523991 |
Trust, Fiduciary, and Custody Activities |
This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate). |