national industry 523920
Portfolio Management
Overview
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.
The immediate parent of national industry 523920 is international industry 52392: Portfolio Management
Illustrative Examples
- Managing trusts Pension fund managing Mutual fund managing Portfolio fund managing
2012 NAICS Edition 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.
Sub-Descriptions
- 523920 - Investment management
- 523920 - Managing investment funds
- 523920 - Managing mutual funds
- 523920 - Managing personal investment trusts
- 523920 - Managing trusts
- 523920 - Mutual fund managing
- 523920 - Pension fund managing
- 523920 - Personal investments trusts, managing
- 523920 - Portfolio fund managing
History
The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.
| Edition | Existed | Equivalent Value |
|---|---|---|
| 2002 | 523920 | |
| 2007 | 523920 | |
| 2012 | 523920 | |
| 2017 | 523920 | |
| 2022 | 523940 |
Standard Industrial Classification (SIC) Mappings
Insurance Industry Mappings
Mappings are not available for this combination of NAICS code and edition.
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