NAICS Code for Investment Management
The primary NAICS code for Investment Management is 523940 — Portfolio Management and Investment Advice. Businesses classified under NAICS 523940 (Portfolio Management and Investment Advice) are involved in: managing the portfolio assets (funds) of others on a fee or commission basis and/or providing customized investment advice to clients on a fee basis. Establishments providing portfolio management have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. Establishments providing investment advice provide financial planning advice and investment counseling to meet the goals and needs of specific clients, but do not have the authority to execute trades. Typical activities include: Managing the portfolio assets (funds) of others on a fee or commissio, Providing customized investment advice to clients on a fee basis, Providing portfolio management have the authority to make investment d, Providing investment advice provide financial planning advice and inve. Related codes include 331512 (Steel Investment Foundries), 331513 (Steel Foundries (except Investment)), 523150 (Investment Banking and Securities Intermediation).
Primary NAICS Code
523940Portfolio Management and Investment AdviceAlso commonly classified as:
52394Portfolio Management and Investment Advice115116Farm Management ServicesAbout Investment Management
Businesses classified under NAICS 523940 (Portfolio Management and Investment Advice) are involved in: managing the portfolio assets (funds) of others on a fee or commission basis and/or providing customized investment advice to clients on a fee basis. Establishments providing portfolio management have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. Establishments providing investment advice provide financial planning advice and investment counseling to meet the goals and needs of specific clients, but do not have the authority to execute trades.
Typical Business Activities
What's Included
- +Managing the portfolio assets (funds) of others on a fee or commissio
- +Providing customized investment advice to clients on a fee basis
- +Providing portfolio management have the authority to make investment d
- +Providing investment advice provide financial planning advice and inve
How to Determine Your NAICS Code
While 523940 (Portfolio Management and Investment Advice) is the most common classification for investment management, your specific code depends on your primary revenue-generating activity. Review the included and excluded activities above to confirm this code fits your business. If your operations span multiple categories, use the code that best represents your largest source of revenue. You can also use the search tool below to describe your specific business activities and find the most accurate match.
Related NAICS Codes
Businesses in investment management may also fall under these codes:
Example Companies
HFM Wealth Management
I founded Hartford Financial Management, Inc. in 1989 to offer a client-focused alternative to the common financial services model of investment management.
Hartford, Connecticut, United States
J. Epstein & Company
J. Epstein & Company was a financial advisory firm founded by Jeffrey Epstein, providing wealth management to ultra-high-net-worth clients.
New York, New York, United States
Black Diamond Capital Management
Black Diamond's private equity platform executes a control distressed strategy with a focus on gaining control of sector leading middle market companies through the purchase and subsequent restructuring of senior secured debt securities as well as selective non-debt related equity investments and acquisitions.
Stamford, Connecticut, United States
International Monetary Fund
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D. C. It consists of 191 member countries, and its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." The IMF acts as a lender of last resort to its members experiencing actual or potential balance of payments crises.
Washington, District Of Columbia, United States
Partner Capital
Partner Capital, Inc. is an investment firm focused on US & international real estate & other specialized alternative asset sectors for international investors.
Boston, Massachusetts, United States
Describe Your Business
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