NAICS Code 525920 Trusts, Estates, and Agency Accounts

Industry

Finance and Insurance

Description

This industry comprises legal entities, trusts, estates, or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement.

Cross References

Establishments primarily engaged in
  • Managing portfolios of trusts: classified in Industry 523920, Portfolio Management
  • Administering personal estates: classified in U.S. Industry 523991, Trust, Fiduciary, and Custody Activities
  • Operating businesses of trusts and bankruptcy estates: classified according to the kind of business operated.

Illustrative Examples

  • Bankruptcy estates
  • Testamentary trusts
  • Personal investment trusts
  • Private estates (i.e., administering on behalf of beneficiaries)

Industries Included

  • Bankruptcy estates
  • Personal estates (i.e., managing assets)
  • Personal investment trusts
  • Personal trusts
  • Private estates (i.e., administering on behalf of beneficiaries)
  • Settlement trust funds
  • Testamentary trusts
  • Trusts, estates, and agency accounts