NAICS Code 523991-06 - Fiduciaries

Marketing Level - NAICS 8-Digit

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  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
  • ...and more (Inquire)

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Looking for more companies? See NAICS 523991 - Trust, Fiduciary, and Custody Activities - 2,385 companies, 16,320 emails.

NAICS Code 523991-06 Description (8-Digit)

Fiduciaries are professionals who are entrusted with managing assets or making decisions on behalf of another person or entity. They are legally bound to act in the best interest of their clients and must exercise a high level of care, loyalty, and prudence in their duties. Fiduciaries can be individuals or organizations, such as banks, law firms, or financial advisors, and they may provide a range of services, including investment management, estate planning, and trust administration.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 523991 page

Tools

Tools commonly used in the Fiduciaries industry for day-to-day tasks and operations.

  • Trust accounting software
  • Estate planning software
  • Investment management software
  • Risk assessment tools
  • Legal research databases
  • Financial analysis tools
  • Tax preparation software
  • Document management systems
  • Compliance monitoring tools
  • Client relationship management software

Industry Examples of Fiduciaries

Common products and services typical of NAICS Code 523991-06, illustrating the main business activities and contributions to the market.

  • Investment advisors
  • Estate planners
  • Corporate trustees
  • Retirement plan administrators
  • Family offices
  • Charitable foundations
  • Wealth management firms
  • Pension fund managers
  • Real estate investment trusts
  • Nonprofit organizations

History

A concise historical narrative of NAICS Code 523991-06 covering global milestones and recent developments within the United States.

  • The Fiduciaries industry has a long history dating back to ancient times when wealthy individuals would appoint trusted individuals to manage their assets. In the United States, the industry began to take shape in the late 1800s with the establishment of trust companies. These companies were created to manage the assets of wealthy individuals and families, and they quickly became an important part of the financial landscape. In the 20th century, the industry continued to grow and evolve, with the introduction of new financial products and services such as mutual funds, pension plans, and estate planning. Today, the industry continues to play a vital role in the financial sector, providing a range of services to individuals, families, and businesses.