Funds, Trusts, and Other Financial Vehicles
Industries in the Funds, Trusts, and Other Financial Vehicles subsector group legal entities (i.e., funds, plans, and/or programs) organized to pool securities or other assets on behalf of shareholders or beneficiaries of employee benefit or other trust funds. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other investment income, but have little or no employment and no revenue from the sale of services. Establishments with employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities. Establishments primarily engaged in holding the securities of (or other equity interests in) other firms are classified in Sector 55, Management of Companies and Enterprises. Equity real estate investment trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others are classified in Subsector 531, Real Estate.
Top Careers in this Sector
Business and Financial Operations Occupations
13-0000
Office and Administrative Support Occupations
43-0000
Management Occupations
11-0000
Financial Specialists
13-2000
Business Operations Specialists
13-1000
Financial Analysts and Advisors
13-2050
Top Executives
11-1000
General and Operations Managers
11-1020
General and Operations Managers
11-1021
Operations Specialties Managers
11-3000
Other Office and Administrative Support Workers
43-9000
Information and Record Clerks
43-4000
Financial and Investment Analysts
13-2051
Accountants and Auditors
13-2010
Accountants and Auditors
13-2011
Financial Managers
11-3030
Financial Managers
11-3031
Sales and Related Occupations
41-0000
Secretaries and Administrative Assistants
43-6000
Secretaries and Administrative Assistants
43-6010
Industry Snapshot
Avg Salary
$98,724
Growth Rate
+2.99%
Active Roles
184