NAICS code 523991: Trust, Fiduciary, and Custody Activities
This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate).
- SBA small-business size limit
- $47.0M
Open federal bids for 523991
No federal bid under 523991 is open right now. See all 523991 bids.
Is your company small for 523991?
The SBA limit is $47 million average annual receipts.
What 523991 covers
Use another code for
- Establishments primarily engaged in managing the portfolio assets (e.g., trusts, funds) of others are classified in Industry 523940, Portfolio Management and Investment Advice
- Legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and Agency Accounts
- Establishments primarily engaged in performing real estate escrow or real estate fiduciary activities are classified in Industry 531390, Other Activities Related to Real Estate
- Establishments primarily engaged in awarding grants from trust funds are classified in Industry 81321, Grantmaking and Giving Services
Activities listed under 523991
- Administrators of private estates
- Bank trust offices
- Escrow agencies (except real estate)
- Fiduciary agencies (except real estate)
- Personal investments trust administration
- Securities custodians
- Trust administration, personal investment
- Trust companies, nondepository
Questions
What is NAICS code 523991?
NAICS 523991 is “Trust, Fiduciary, and Custody Activities”. This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate).
What businesses use NAICS code 523991?
Examples from the U.S. Census Bureau: Administrators of private estates; Bank trust offices; Escrow agencies (except real estate); Fiduciary agencies (except real estate); Personal investments trust administration; and Securities custodians.
What is not included in NAICS 523991?
Businesses mainly establishments primarily engaged in managing the portfolio assets (e.g., trusts, funds) of others are classified in Industry 523940, Portfolio Management and Investment Advice; legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and Agency Accounts; and establishments primarily engaged in performing real estate escrow or real estate fiduciary activities are classified in Industry 531390, Other Activities Related to Real Estate.
What is the SBA size standard for NAICS 523991?
$47 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.
What is the SIC code for NAICS 523991?
SIC codes 6091 (Nondeposit Trust Facilities), 6099 (Functions Related to Depository Banking, NEC, part), 6289 (Services Allied With the Exchange of Securities or Commodities, NEC, part) and 6733 (Trusts, Except Educational, Religious, and Charitable, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).
What is the IRS business code for NAICS 523991?
523900 (Other financial investment activities (including investment advice)) on Schedule C, line B, from the IRS list of principal business codes. The IRS code covers NAICS 523910–523999.
How do I find government contracts for NAICS 523991?
Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 523991 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.
Source: U.S. Census Bureau, 2022 NAICS (public domain); bids: SAM.gov Contract Opportunities. PublicBeam is independent and not affiliated with the Census Bureau or any agency. Always check the NAICS code in the official notice before you bid.