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). 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."]

523999

Miscellaneous Financial Investment Activities

This U.S. industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis. Illustrative Examples: Exchange clearinghouses, commodities or securities Stock quotation services Gas lease brokers' offices 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;","Acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts--are classified in Industry 523910, Miscellaneous Intermediation;","Furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of securities and commodities--are classified in Industry 523210, Securities and Commodity Exchanges;","Managing the portfolio assets (i.e., funds) of others--are classified in Industry 523920, Portfolio Management;","Providing customized investment advice--are classified in Industry 523930, Investment Advice;","Providing trust, fiduciary, and custody services to others--are classified in U.S. Industry 523991, Trust, Fiduciary, and Custody Activities; and","Financial transactions processing, reserve, and clearinghouse activities--are classified in Industry 522320, Financial Transactions Processing, Reserve, and Clearinghouse Activities."]