NAICS code: 523920 — Portfolio Management
2022 NAICS code: 523940 — Portfolio Management and Investment Advice
Industry description: This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., 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.

Illustrative Examples:

Financial planning services, customized, fees paid by client
Investment advisory services, customized, fees paid by client
Managing trusts
Portfolio fund managing


Cross-References.

NAICS hierarchy: 52 Finance and Insurance > 523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities > 5239 Other Financial Investment Activities > 52394 Portfolio Management and Investment Advice

ExioML sector: Services auxiliary to financial intermediation (67)
Region: US, year: 2022
Value added: 469981.27788 M.EUR
Employment: 1762.64749713 thousand persons
GHG emissions: 5220632767.54 kg CO2 eq.
Energy carrier net total: 101436.728861 TJ
Carbon intensity: 0.011108171778861755

Companies in this industry:

Company: Apollo Management Lp
Apollo Management, L.P. offers investment advisory services. The Company raises, invests and manages private equity, credit, and real estate funds, as well as provides strategic investment accounts.

Company: Aleut Corporation
With a diverse holding of companies and subsidiaries in Alaska and the Lower 48, Aleut provides professional services in several key areas including: government contracting, O&M, training and education, logistics, construction, IT and telecom, environmental, remediation, engineering, prototype and manufacturing, real ...

Company: Nautic Partners LLC
Nautic Partners, LLC operates as a private equity firm. The Company focuses on healthcare, industrial products, and outsourced services sectors. Nautic Partners serves clients in the United States.

Company: Trammell Crow Centl Texas Ltd
TCCTCCTrammell Crow was a visionary developer, a formidable deal maker and a warm, engaging, charismatic leader who believed deeply in other people and partnership. He gave us his name, his business philosophy, and an enduring example to follow.https://www.trammellcrow.com › about-us › history-and-legacyHistory & Legacy - Trammell Crow Company provides a full range of development and investment services to commercial real estate occupiers and investors. We employ 650 diverse professionals who work with local communities to develop vibrant, sustainable buildings aimed at improving neighborhoods and driving economic vitality.

Company: Colony Capital LLC
Colony Capital, LLC operates as a digital infrastructure, real estate, and investment management firm. The Firm focuses on creating long-term value through identifying and capitalizing on differentiated investment opportunities.

Company: Nuveen Investments Inc
Nuveen is a global investment leader, managing an array of public and private assets for clients around the world and on behalf of our parent company TIAA, one of the world's largest institutional investors,1 a highly-rated2 insurance company and a retirement provider.

Company: Tarrant Capital Ip LLC
Tarrant Capital IP, LLC operates as a private equity firm. The Company offers investments in private equity, credit, real estate, and hedge funds. Tarrant Capital IP serves clients worldwide.

Company: Bluestem Group Inc
Bluestem Group, Inc. is a holding company, which engages in Bluestem, a multi-brand, online retailer of a broad selection of name-brand and private label general merchandise serving low- to middle-income consumers.

Company: New York Life Inv MGT LLC
New York Life Investment Management LLC provides investment management firm. The Company offers institutional asset management, financial planning, and investment advisory services. New York Life Investment Management serves customers in the United States.

Company: Harvest Partners LP
Harvest Partners, LP operates as a private equity firm. The Company invests in business services and consumer, healthcare, manufacturing and distribution, and industrial sectors. Harvest Partners serves customers worldwide.

Company: Area Property Partners L P
AREA Property Partners L P operates as a private equity real estate firm. The Company invests in retail, residential, hospitality, and mixed-use properties. AREA Property Partners focuses on pension funds, insurance companies, banks and private banks, sovereign wealth, and university endowments worldwide.

Company: Sculptor Capital MGT Inc
Sculptor Capital Management is a leading global alternative asset management firm providing investment products in a range of areas including multi-strategy, credit and real estate.

Company: Rouse Properties LLC
Rouse Properties, LLC. is a New York-based real estate investment company owned by affiliates of Brookfield Asset ManagementBrookfield Asset ManagementBrookfield Corporation is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022.https://en.wikipedia.org › wiki › Brookfield_CorporationBrookfield Corporation - Wikipedia and was founded on a legacy of innovation and creativity.

Company: Janus Capital Management LLC
Janus Capital Management LLC operates as an investment firm. The Company offers investment advisory and portfolio management services. Janus Capital Management serves its clients worldwide.

Company: Prologis LP
Prologis, L.P. operates as industrial real estate investment trust. The Company invests in storage and warehousing properties. Prologis serves clients worldwide.