Portfolio management services except pension funds

**Includes:** - managing portfolio assets of others, on a fee or commission basis, except for pension funds Note: Managers make decisions on which investments to purchase or sell. Examples of the portfolios managed are the portfolios of mutual and other investment funds or trusts

**Excludes:** - management of pension funds, cf. 71640 - personal financial planning advisory services not involving decision-making on behalf of clients, cf. 71591 - buying and selling of securities on a transaction fee basis, cf. 71521