Tools commonly used in the Holding Companies (Non-Bank) industry for day-to-day tasks and operations.

• Portfolio management software
• Financial analysis software
• Investment tracking software
• Risk management software
• Valuation software
• Accounting software
• Tax preparation software
• Data visualization tools
• Business intelligence software
• Customer relationship management software

Common products and services typical of NAICS Code 551112-01, illustrating the main business activities and contributions to the market.

• Real estate holding companies
• Investment holding companies
• Technology holding companies
• Energy holding companies
• Manufacturing holding companies
• Transportation holding companies
• Media holding companies
• Retail holding companies
• Hospitality holding companies
• Construction holding companies

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Federal Reserve System Holding Company Supervision: Holding companies that own banks or other financial institutions are subject to supervision by the Federal Reserve System. The Federal Reserve System ensures that holding companies comply with regulations and laws that are designed to protect consumers and the financial system. The Federal Reserve System provides information on the supervision of holding companies on their website.
• Securities and Exchange Commission (SEC) Registration: Holding companies that own securities must register with the SEC. The SEC ensures that holding companies comply with regulations and laws that are designed to protect investors. The SEC provides information on registration requirements on their website.
• Internal Revenue Service (IRS) Employer Identification Number (EIN): Holding companies must obtain an EIN from the IRS. The EIN is used to identify the holding company for tax purposes. The IRS provides information on how to obtain an EIN on their website.
• State Business License: Holding companies must obtain a business license from the state in which they operate. The business license is required to legally operate a business in the state. The requirements for obtaining a business license vary by state. The Small Business Administration provides information on state business licenses on their website.
• Anti-Money Laundering (AML) Compliance: Holding companies must comply with AML regulations to prevent money laundering and terrorist financing. The Financial Crimes Enforcement Network (FinCEN) provides guidance on AML compliance for holding companies on their website.

A concise historical narrative of NAICS Code 551112-01 covering global milestones and recent developments within the United States.

• The "Holding Companies (Non-Bank)" industry has a long and complex history worldwide. The concept of holding companies dates back to the 19th century, when wealthy families began to create holding companies to manage their assets and investments. In the United States, the industry began to take shape in the early 20th century, with the formation of companies like United States Steel Corporation and General Electric. These companies were able to consolidate their power and influence by acquiring smaller companies and creating a network of subsidiaries. In recent years, the industry has seen significant growth due to the rise of private equity firms and the increasing popularity of mergers and acquisitions. Notable examples include Berkshire Hathaway, which has become one of the largest holding companies in the world, and Blackstone Group, which has become a major player in the private equity industry. In the United States, the "Holding Companies (Non-Bank)" industry has undergone significant changes in recent history. In the 1980s and 1990s, the industry was dominated by large conglomerates like General Electric and ITT Corporation. However, in the 2000s, the industry began to shift towards more specialized holding companies, focused on specific industries or sectors. This trend has continued in recent years, with companies like Alphabet Inc. and Amazon.com Inc. creating holding companies to manage their diverse range of subsidiaries. Additionally, the industry has seen increased scrutiny from regulators in the wake of the 2008 financial crisis, with new regulations aimed at preventing systemic risk and promoting transparency. Despite these challenges, the industry remains a major force in the US economy, with significant influence over a wide range of industries and sectors.

The anticipated future trajectory of the NAICS 551112-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Holding Companies (Non-Bank) industry in the USA is positive. The industry is expected to grow due to the increasing demand for investment opportunities and the rise in mergers and acquisitions. The industry is also expected to benefit from the growing trend of companies divesting non-core assets to focus on their core businesses. Additionally, the industry is expected to benefit from the increasing number of high net worth individuals and family offices seeking investment opportunities. However, the industry may face challenges due to the increasing regulatory scrutiny and the potential for economic downturns. Overall, the industry is expected to continue to grow in the coming years.

Recent groundbreaking advancements and milestones in the Holding Companies (Non-Bank) industry, reflecting notable innovations that have reshaped its landscape.

• Blackstone's Acquisition Of Ancestry.com: In December 2020, Blackstone acquired Ancestry.com for $4.7 billion. This acquisition is significant as it represents a growing trend of private equity firms investing in technology companies.
• Kkr's Acquisition Of Global Atlantic Financial Group: In July 2020, KKR acquired Global Atlantic Financial Group for $4.4 billion. This acquisition is significant as it represents a growing trend of private equity firms investing in insurance companies.
• Apollo Global Management's Acquisition Of Tech Data: In March 2020, Apollo Global Management acquired Tech Data for $6 billion. This acquisition is significant as it represents a growing trend of private equity firms investing in technology distribution companies.
• Brookfield Asset Management's Acquisition Of Oaktree Capital Management: In March 2019, Brookfield Asset Management acquired Oaktree Capital Management for $4.8 billion. This acquisition is significant as it represents a growing trend of consolidation in the asset management industry.
• Blackstone's Acquisition Of Colony Capital's Industrial Real Estate Portfolio: In January 2019, Blackstone acquired Colony Capital's industrial real estate portfolio for $5.9 billion. This acquisition is significant as it represents a growing trend of private equity firms investing in real estate assets.