Variant of NAICS 2002 - Durable and Non-Durable Goods Manufacturing Industries

5239 - Other Financial Investment Activities

This industry group comprises establishments, not classified to any other industry group, primarily engaged in managing portfolios of securities and providing investment advice, trust, fiduciary, custody and other investment services.

52391 - Miscellaneous IntermediationUS

This industry comprises establishments primarily engaged in acting as principals in the buying and selling of financial contracts, other than securities or commodity contracts, generally on a spread basis.

52392 - Portfolio ManagementUS

This industry comprises establishments primarily engaged in managing the portfolio assets of others on a fee or commission basis. These establishments have the authority to make investment decisions, with fees usually based on the size and/or overall performance of the portfolio. Examples of establishments in this industry are pension fund managers and mutual fund managers.

  • Exclusion(s):

    Establishments primarily engaged in:

    • buying and selling securities on a transaction fee basis (See 52312 Securities Brokerage)

52393 - Investment AdviceUS

This industry comprises establishments primarily engaged in providing investment advice to others on a fee basis, provided that they do not also have the authority to execute trades. Establishments in this industry may communicate their advice both directly to their clients and via printed or electronic media as part of a subscription service. Establishments providing financial planning advice, investment counseling and investment research are included.

  • Exclusion(s):

    • establishments providing investment advice in conjunction with their primary activity, such as portfolio managementor the sale of stocks, bonds, annuities and real estate (classified according to their primary activity)

52399 - All Other Financial Investment ActivitiesUS

This industry comprises establishments, not classified to any other industry, primarily engaged in providing, on a contract or fee basis, miscellaneous financial investment services, such as trust, fiduciary and custody services, and other investment services. Establishments, such as note brokers, oil and gas lease brokers and stock transfer agents, are included.

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