NAICS 8-Digit Codes for "trust-accounts"

Trust Companies are financial institutions that provide trust, fiduciary, and custody services to individuals, businesses, and organizations. These companies act as trustees, managing assets and investments on behalf of their clients. Trust Companies are responsible for ensuring that their clients' assets are protected and managed in accordance with their wishes and …

Trust Service is a subdivision of the NAICS Code 523991 that involves the management of assets and property on behalf of a beneficiary by a trustee. The trustee is responsible for ensuring that the assets are managed in accordance with the terms of the trust agreement and the wishes of the beneficiary. Trust Service can be provided by banks, financial …

Savings Plans is a subdivision of the NAICS Code 522180 that involves institutions that offer savings plans to individuals and businesses. These plans are designed to help people save money for future expenses or investments. Savings plans can come in many forms, such as individual retirement accounts (IRAs), 401(k) plans, and college savings plans. The institutions that offer these plans …

Trustees are professionals who are responsible for managing assets and making decisions on behalf of a trust's beneficiaries. They are appointed to ensure that the trust is managed in accordance with the trust agreement and applicable laws. Trustees have a fiduciary duty to act in the best interests of the beneficiaries and to manage the trust's assets …

Money Market Funds are a type of open-end investment fund that invests in short-term, low-risk debt securities such as Treasury bills, commercial paper, and certificates of deposit. These funds are designed to provide investors with a low-risk, low-return investment option that is highly liquid and easily accessible. Money Market Funds are regulated by the Securities and Exchange Commission (SEC) …

Federally Chartered Credit Unions are financial institutions that are chartered and regulated by the National Credit Union Administration (NCUA) and operate under the authority of the Federal Credit Union Act. These credit unions are not-for-profit organizations that provide financial services to their members, who are also their owners. Federally Chartered Credit Unions offer a range of …

Thrift & Loan Companies are financial institutions that specialize in accepting deposits and making loans, primarily for mortgages and other real estate-related purposes. These companies are often smaller than traditional banks and credit unions, and they typically focus on serving a specific geographic area or community. Thrift & Loan Companies are regulated by state and federal agencies, and …

Functions Related To Deposit Banking is a subdivision of the Other Activities Related to Credit Intermediation industry. This industry involves providing various services related to deposit banking, such as accepting deposits, providing loans, and offering other financial services to individuals and businesses. Companies in this industry may also offer services such as ATM access, online banking, …

Estate Consultants are professionals who provide expert advice and guidance to individuals and families on matters related to trusts, estates, and agency accounts. They assist clients in managing their assets, minimizing taxes, and ensuring that their assets are distributed according to their wishes after their death. Estate Consultants work closely with attorneys, …

Savings Institutions-Except Federal is a subdivision of the NAICS Code 522180 that includes companies that accept deposits and provide loans and other credit intermediation services. These institutions are typically smaller than commercial banks and are often community-based. They are also known as savings and loan associations or mutual savings banks. Savings Institutions-Except Federal offer a …

Savings & Loan Associations are financial institutions that specialize in accepting deposits and making loans, particularly for mortgages. They are also known as thrift institutions and are typically smaller than commercial banks. These associations are owned by their depositors and are regulated by the Office of the Comptroller of the Currency (OCC) or state banking authorities. Savings & Loan …

The Factors industry is a subdivision of the NAICS Code 522299 and is involved in the business of purchasing accounts receivable from businesses at a discount. Factors provide a valuable service to businesses by providing them with immediate cash flow, which can be used to fund operations or invest in growth opportunities. Factors assume the risk of collecting the accounts …

Tax Sheltered Investments is a subdivision of the Portfolio Management and Investment Advice industry that focuses on investments that provide tax benefits to investors. These investments are designed to reduce the amount of taxes paid on income, capital gains, or both. Tax Sheltered Investments are typically long-term investments that offer a range of benefits to investors, including …

Individual Retirement Accounts (IRAs) are a type of retirement savings account that individuals can set up with a financial institution, such as a bank or brokerage firm. IRAs are designed to help individuals save for retirement by allowing them to contribute pre-tax income, which can then grow tax-free until retirement. There are two main types of IRAs: traditional and Roth. …

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 …

Estate planning is a specialized field within the legal industry that involves helping individuals and families plan for the transfer of their assets and wealth after they pass away. This process typically involves creating legal documents such as wills, trusts, and powers of attorney, as well as providing advice and guidance on tax planning, charitable giving, and other related matters. …

Probate service is a specialized legal service that deals with the administration of a deceased person's estate. This involves managing the distribution of assets, paying off debts and taxes, and ensuring that the wishes of the deceased are carried out according to their will or the laws of the state. Probate service providers work closely with the executor of the estate, beneficiaries, and other …

Banks are financial institutions that provide a range of services to individuals, businesses, and governments. The primary function of banks is to accept deposits from customers and use those funds to make loans, which generates interest income for the bank. Banks also offer a variety of other financial services, such as checking and savings accounts, credit cards, mortgages, and …

The Accounting Software & Solutions industry is a subdivision of the Software Publishers industry, which involves the development and distribution of software products. This particular industry focuses on software solutions that are designed to assist with accounting and financial management tasks. Accounting software and solutions are used by businesses of all sizes to …

Credit Unions are financial cooperatives that are owned and controlled by their members. They offer a range of financial services, including savings accounts, checking accounts, loans, and credit cards. Credit Unions are not-for-profit organizations, which means that any profits they make are returned to their members in the form of lower fees, better interest rates, and improved …

Credit Unions Not Federally Chartered are financial institutions that are owned and controlled by their members. These credit unions are not regulated by the federal government, but instead are regulated by state laws. They offer a range of financial services to their members, including savings accounts, checking accounts, loans, and credit cards. Credit Unions Not Federally …

The Employee Benefit & Compensation Plans industry involves the management and administration of employee benefit plans, such as health insurance, retirement plans, and other forms of compensation. This industry is responsible for ensuring that employees receive the benefits they are entitled to, and that these benefits are managed effectively and efficiently. Companies in this industry may be …

Employee Benefit Consultants are professionals who provide advice and guidance to companies regarding employee benefits packages. They work with employers to design, implement, and manage employee benefit programs that meet the needs of both the company and its employees. Employee Benefit Consultants are knowledgeable about various types of benefits, such as health insurance, retirement plans, …

Law & Financial Printers (Manufacturing) is a subdivision of the NAICS Code 323111 that involves the printing of legal and financial documents. This industry is responsible for producing high-quality printed materials that are used in the legal and financial sectors. The printing process involves the use of specialized equipment and techniques to ensure that the documents are accurate, secure, …

Legal Forms (Wholesale) is a subdivision of the Stationery and Office Supplies Merchant Wholesalers industry that specializes in the distribution of legal forms to various businesses and organizations. These legal forms can include contracts, agreements, deeds, wills, and other legal documents that are necessary for conducting business operations. The industry caters to a wide range of clients, …

Brokers-Countertrade is a subdivision of the Trust, Fiduciary, and Custody Activities industry that involves the facilitation of international trade deals between two parties. In this industry, brokers act as intermediaries between the buyer and seller, negotiating the terms of the trade deal and ensuring that both parties fulfill their obligations. Countertrade refers to the practice of …

Escrow service is a type of trust, fiduciary, and custody activity that involves a third party holding funds or assets on behalf of two other parties involved in a transaction. The third party, known as the escrow agent, is responsible for ensuring that the terms and conditions of the transaction are met before releasing the funds or assets to the appropriate party. Escrow services are …

Lumber-Commission is a subdivision of the Trust, Fiduciary, and Custody Activities industry that involves the buying and selling of lumber on behalf of clients. This industry acts as an intermediary between lumber producers and buyers, facilitating the transaction process and ensuring that both parties receive fair deals. Lumber-Commission companies typically earn a commission on each …

Registered Agents are entities that are authorized to receive legal and official documents on behalf of a business or corporation. They act as a point of contact between the business and the state government, ensuring that all legal and regulatory requirements are met. Registered Agents play a crucial role in maintaining the compliance of a business and protecting its legal interests. …

Unit Investment Trusts-Certificate Ofcs is a subdivision of the Other Financial Vehicles industry that involves the creation and management of investment trusts. These trusts are created by pooling funds from multiple investors and investing them in a diversified portfolio of securities, such as stocks and bonds. The trusts are then divided into shares, which are sold …

Brokers-Hotel Motel & Apartment House is a subdivision of the Nonresidential Property Managers industry that involves the buying, selling, and leasing of hotel, motel, and apartment house properties. Brokers in this industry act as intermediaries between property owners and potential buyers or tenants. They provide valuable market knowledge and expertise to help clients make informed decisions …

Real Estate Consultants are professionals who provide expert advice and guidance to clients in the real estate industry. They assist clients in making informed decisions regarding the purchase, sale, leasing, or management of real estate properties. Real Estate Consultants may work independently or as part of a larger real estate firm. They possess a deep understanding of the real estate market …

Tax Return Preparation & Filing is a specialized industry that involves the preparation and filing of tax returns for individuals and businesses. This industry is a subset of Tax Preparation Services and is focused on the actual preparation and filing of tax returns, rather than providing tax advice or consulting services. Tax Return Preparation & Filing professionals are responsible for ensuring …

Appraisers are professionals who determine the value of various types of property, such as real estate, personal property, and businesses. They use their expertise to provide an unbiased and accurate assessment of the value of the property in question. Appraisers may work for a variety of clients, including individuals, businesses, government agencies, and financial institutions. They may also be …

Counselors-Couples is a subdivision of the Other Individual and Family Services industry that provides counseling services to couples who are experiencing difficulties in their relationship. These counselors work with couples to identify and address issues that are causing problems in their relationship, such as communication problems, trust issues, and conflicts over finances or …

Funeral Plans (Pre-Arranged) is a subdivision of the Funeral Homes and Funeral Services industry that involves the sale of funeral plans to individuals who wish to pre-plan and pre-pay for their own funeral arrangements. This industry provides a range of services including consultation, planning, and financing options for funeral arrangements. Funeral plans can include a variety of services such …

The Federal Government-Housing Programs industry involves the administration of housing programs by the federal government. These programs aim to provide affordable housing options to low-income families, individuals, and communities. The industry includes a range of activities such as the development and management of public housing, rental assistance programs, and mortgage insurance programs. …

The Accounting & Bookkeeping Systems (Wholesale) industry involves the distribution of accounting and bookkeeping systems to various businesses and organizations. These systems are designed to help companies manage their financial transactions, including accounts payable and receivable, payroll, and general ledger. The industry is responsible for providing businesses with the …

Car Sharing is a transportation service that allows individuals to rent a vehicle for a short period of time, typically by the hour or day. This service is often provided through a mobile app or website, where users can reserve a car, unlock it with their phone, and return it to a designated location when they are finished. Car Sharing is a convenient and cost-effective alternative to traditional …

State Commercial Banks are financial institutions that are chartered by a state government to provide banking services to individuals, businesses, and government entities within the state. These banks are regulated by state banking authorities and are subject to state laws and regulations. State Commercial Banks offer a range of financial products and services, including checking and savings …

Banks/Overseas-Representative Offices is a subdivision of the Commercial Banking industry that involves the establishment of representative offices by banks in foreign countries. These offices are responsible for promoting the parent bank's services and products to potential customers in the foreign country. Banks/Overseas-Representative Offices also provide support to the parent bank's existing …

Financing-Business is a subdivision of the Sales Financing industry that provides loans and other financial services to businesses. This industry involves providing funds to businesses for various purposes such as expansion, inventory management, and equipment purchases. Financing-Business companies work with businesses of all sizes, from small startups to large corporations, and offer a range of …

Foreign Exchange Brokers & Dealers are companies that facilitate the buying and selling of foreign currencies for clients. They act as intermediaries between buyers and sellers, providing access to the global currency markets. These companies offer a range of services, including currency exchange, hedging, and risk management. Foreign Exchange Brokers & Dealers may work with individuals, …

Retirement Planning Services is a subdivision of the Portfolio Management and Investment Advice industry that focuses on providing financial advice and guidance to individuals and businesses in order to help them plan for their retirement. This industry involves a range of services that are designed to help clients achieve their retirement goals, such as creating a retirement savings plan, …

Accountants-Public School is a subdivision of the NAICS Code 541211 that involves providing accounting services to public schools. This industry is responsible for ensuring that the financial records of public schools are accurate and comply with government regulations. Accountants-Public School also provides financial advice to school administrators and helps them make …

Accounting & Bookkeeping General Service is a subdivision of Other Accounting Services that involves providing a range of accounting and bookkeeping services to businesses and individuals. This industry includes services such as financial statement preparation, payroll processing, tax preparation, and general ledger maintenance. Accounting & Bookkeeping General Service …

Communications Consultants are professionals who provide expert advice and guidance to businesses and organizations on how to effectively communicate with their target audience. They help clients develop and implement communication strategies that are tailored to their specific needs and goals. This can involve a range of activities, such as conducting market research, developing messaging and …

A Bill Reviewing Service is a type of industry that specializes in reviewing and analyzing bills, invoices, and other financial documents for accuracy and compliance. This industry is often utilized by businesses and organizations that want to ensure that they are not overcharged or undercharged for goods and services. Bill Reviewing Services may also provide recommendations for cost-saving …

Pet Care Resource Guide is a subdivision of the Veterinary Services industry that provides information and resources to pet owners and animal lovers. This industry involves compiling and publishing information on pet care, including nutrition, health, behavior, and training. Pet Care Resource Guide companies may also offer directories of pet-related businesses, such as groomers, trainers, and pet …

Financial Document Information Services is a subdivision of Document Preparation Services under NAICS Code 561410. This industry involves the preparation and processing of financial documents for businesses and individuals. Financial Document Information Services providers offer a range of services that help clients manage their financial information and ensure compliance with legal and …

Collateral Certification & Supervision is a specialized industry that provides services to financial institutions and lenders. This industry involves the verification and monitoring of collateral assets that are pledged as security for loans. The primary objective of this industry is to ensure that the collateral assets are valid, properly valued, and adequately insured. Collateral Certification …

Escort Service-Personal is a type of personal service that involves providing companionship and social support to clients. This industry is primarily focused on providing clients with a paid escort for social events, such as parties, weddings, and business functions. The escort may also provide personal services, such as accompanying clients on shopping trips or providing emotional support. …

Mail receiving services are businesses that provide a physical address for individuals and businesses to receive mail and packages. These services are particularly useful for those who do not have a permanent physical address, such as travelers, expats, and those who work remotely. Mail receiving services typically offer a range of services, including mail and package receiving, mail forwarding, …

Dining Club Plans is a subdivision of the Civic and Social Organizations industry that involves providing members with access to a network of restaurants and dining establishments. Members pay a fee to join the dining club plan and in return, they receive discounts, special offers, and other benefits when dining at participating restaurants. Dining club plans are designed to provide members with …