Mark Horner

52 Finance and Insurance

525920 Trusts, Estates, and Agency Accounts

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.

Illustrative Examples:

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

Average Jobs Employed 8
Average Loan Given $104,192
Number of Loans Given 736
Total Amount Loaned $76,685,152

Managing portfolios of trusts are classified in Industry 523920, Portfolio Management;

Administering personal estates are classified in U.S. Industry 523991, Trust, Fiduciary, and Custody Activities.

Operating businesses of trusts and bankruptcy estates are classified according to the kind of business operated.