national industry 523991
Trust, Fiduciary, and Custody Activities
Overview
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).
The immediate parent of national industry 523991 is international industry 52399: All Other Financial Investment Activities
2012 NAICS Edition Cross References
- Establishments primarily engaged in:
- Managing the portfolio assets (i.e., funds) of others:are classified in Industry 523920, Portfolio Management;
- Performing real estate escrow or real estate fiduciary activities:are classified in Industry 531390, Other Activities Related to Real Estate; and
- Awarding grants from trust funds:are classified in Industry 81321, Grantmaking and Giving Services.
Sub-Descriptions
- 523991 - Administrators of private estates
- 523991 - Bank trust offices
- 523991 - Escrow agencies (except real estate)
- 523991 - Fiduciary agencies (except real estate)
- 523991 - Personal investments trust administration
- 523991 - Securities custodians
- 523991 - Trust administration, personal investment
- 523991 - Trust companies, nondepository
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 | 523991 | |
2007 | 523991 | |
2012 | 523991 | |
2017 | 523991 | |
2022 | 523991 |
Standard Industrial Classification (SIC) Mappings
Insurance Industry Mappings
The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 523991, Trust, Fiduciary, and Custody Activities:
- all other financial investment activity
- escrow agency other than real estate
- finance and insurance
- function related to depository banking not otherwise classified
- investment service
- non deposit trust facility
- other financial investment activity
- security commodity contract and other financial investment and related activity
- service allied with the exchange of security or commodity not otherwise classified
- trust company
- trust company not accepting deposit
- trust except educational religious and charitable
- trust fiduciary and custody activity
- trust fiduciary and custody activity naic
- trustee service
Downloads
What's the difference between HD and SD? See our methodology.