NAICS 2022 523940 to ISIC Rev 4
Crosswalk mapping from NAICS 2022 523940 "Portfolio Management and Investment Advice" to ISIC Rev 4. 2 official equivalences.
NAICS 2022 523940 in ISIC Rev 4
Each entry is an official equivalence edge. Click to see the full ISIC Rev 4 definition, hierarchy, and its own crosswalks.
- 6619partialOther activities auxiliary to financial service activities
- 6630partialFund management activities
About NAICS 2022 523940
523940 Portfolio Management and Investment AdviceThis 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.