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NAICS Code 523991 Trust, Fiduciary, and Custody Activities

The NAICS Code 523991 is described as
Trust, Fiduciary, and Custody Activities
  • Administrators of private estates
  • Bank trust offices
  • Escrow agencies (except real estate)
  • Fiduciary agencies (except real estate)
  • Personal investments trust administration
  • Securities custodians
  • Trust administration, personal investment
  • Trust companies, nondepository
  • Trust, Fiduciary, and Custody Activities

Description
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).

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, All Other Activities Related to Real Estate; and
· Awarding grants from trust funds-are classified in Industry 81321, Grantmaking and Giving Services.

(2019-08-02)

It belongs to the code group
NAICS Code 52399 All Other Financial Investment Activities

To this Code "523991" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6599: Other financial intermediation n.e.c.
  Autres intermédiations financières n.c.a.

The nearest NACE Code (Rev. 1.1) is
65.23: Finanzierungsinstitutionen a.n.g. - Finanzierungsinstitutionen a.n.g.
65.23: Other financial intermediation n.e.c. - Other financial intermediation n.e.c.
65.23: Autres intermédiations financières n.c.a.
65.23: Altre intermediazioni finanziarie n.c.a;
65.23: Otros tipos de intermediacion financiera
65.23: Overige financiele instellingen, neg
65.23: Finansielle institutioner i.a.n.

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
523991: Trust, Fiduciary, and Custody Activities
(2019-08-02)

Alternative Spellings (synonyms): trusts
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