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.

Illustrative Examples:

Financial investment advice services, customized, fees paid by client
Investment advisory services, customized, fees paid by client
Financial planning services, customized, fees paid by client


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 Industry 519130, Internet Publishing and Broadcasting and Web Search Portals.
2007
NAICS
  2012
NAICS
  2017
NAICS
  Corresponding Index
Entries
523930 523930 523930  Certified financial planners, customized, fees paid by client
523930 523930 523930  Financial investment advice services, customized, fees paid by client
523930 523930 523930  Financial planning services, customized, fees paid by client
523930 523930 523930  Investment advice consulting services, customized, fees paid by client
523930 523930 523930  Investment advice counseling services, customized, fees paid by client
523930 523930 523930  Investment advisory services, customized, fees paid by client