This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.
Illustrative Examples:
Managing trusts
Pension fund managing
Mutual fund managing
Portfolio fund managing
| Average Jobs Employed | 6 | |
| Average Loan Given | $94,040 | |
| Number of Loans Given | 4537 | |
| Total Amount Loaned | $426,661,067 |