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 523930 Investment Advice

This industry comprises establishments primarily engaged in providing customized investment advice to clients on a fee basis, but do not have the authority to execute trades. Primary activities performed by establishments in this industry are providing financial planning advice and investment counseling to meet the goals and needs of specific clients.

Cross-References.

  • Establishments providing investment advice in conjunction with their primary activity, such as portfolio management, or the sale of stocks, bonds, annuities, and real estate, are classified according to their primary activity; and
  • Establishments known as publishers providing generalized investment information to subscribers are classified in Subsector 511, Publishing Industries (except Internet) or Subsector 516, Internet Publishing and Broadcasting.
    No change 1997 to 2002 2002 NAICS to 1987 SIC 1997Economic Census Bridge Between 1997 NAICS and SIC
    2002
    NAICS    		1997
    NAICS    		1987
    SIC    		Corresponding Index Entries
    5239305239306282Certified financial planners, customized, fees paid by client
    5239305239306282Financial investment advice services, customized, fees paid by client
    5239305239306282Financial planning services, customized, fees paid by client
    5239305239306282Investment advice consulting services, customized, fees paid by client
    5239305239306282Investment advice counseling services, customized, fees paid by client
    5239305239306282Investment advisory services, customized, fees paid by client