523991 Trust, Fiduciary, and Custody Activities
Overview
This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate).
Top Organizations
Cross-References
- Establishments primarily engaged in managing the portfolio assets (e.g., trusts, funds) of others are classified in Industry 523940, Portfolio Management and Investment Advice;
- Legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and Agency Accounts;
- Establishments primarily engaged in performing real estate escrow or real estate fiduciary activities are classified in Industry 531390, Other Activities Related to Real Estate; and
- Establishments primarily engaged in awarding grants from trust funds are classified in Industry 81321, Grantmaking and Giving Services.
Index Entries
| Administrators of private estates |
| Bank trust offices |
| Escrow agencies (except real estate) |
| Fiduciary agencies (except real estate) |
| Personal investments trust administration |
| Securities custodians |
| Trust administration, personal investment |
| Trust companies, nondepository |