Wealth Management Services — NAICS Code & Description

The most relevant current NAICS code for a wealth management advisor is typically 523940, Portfolio Management and Investment Advice. This classification generally covers businesses that provide customized investment advice, portfolio oversight, financial planning, and wealth management guidance. If the business also sells insurance, performs tax preparation, or operates as a bank or broker-dealer, additional or different NAICS codes may apply.

Investment management commonly falls under NAICS 523940, Portfolio Management and Investment Advice, especially when the business manages investment portfolios or provides ongoing investment advisory services. This code can apply to firms advising individuals, institutions, funds, or retirement accounts. Specialized activities, such as securities brokerage, trust administration, or real estate investment operations, may require separate classification depending on the primary revenue source.

The industry code for financial advisors is usually NAICS 523940 when the advisor’s main activity is portfolio management, investment advice, or wealth management planning. This classification includes many registered investment advisers and financial planning firms. However, advisors primarily earning commissions from securities brokerage, insurance sales, accounting, or tax services should confirm whether another NAICS code better reflects their main business activity.

NAICS 523940 is titled Portfolio Management and Investment Advice. It includes businesses that manage client assets, provide investment recommendations, design financial strategies, and advise on securities or portfolio allocation. Wealth management firms often use this code because their work combines advisory planning with investment oversight. The correct code should always match the company’s primary business activity and revenue source.

The CEO Fund aligns with wealth management alternatives by offering accredited investors access to mortgage fund investing, retirement account strategies, syndications, and investor education. Its focus is not traditional stock-and-bond advisory alone; the fund specializes in real estate-backed mortgage notes designed to create passive income and portfolio diversification without direct property management responsibilities.

The CEO Fund primarily serves accredited investors, including high-net-worth individuals, institutional investors, self-directed IRA and 401(k) investors, real estate investors, CFOs, hedge fund managers, and passive income seekers. Accredited investor standards generally include income or net worth thresholds set by securities regulations. These criteria help determine eligibility for private investment opportunities such as mortgage funds and syndications.

The CEO Fund’s core strategy centers on carefully selected Grade A–C performing mortgage notes backed by real estate collateral, including multifamily dwellings, single-family homes, mobile home parks, commercial properties, and tax liens. Investors may receive monthly or quarterly cash distributions depending on the offering structure. As with any private investment, returns are subject to asset performance and fund terms.

Yes. The CEO Fund offers a 401(k) and IRA strategy for investors using self-directed retirement accounts to pursue passive, tax-advantaged mortgage note income. This approach may allow qualified investors to diversify beyond conventional public market holdings while maintaining retirement account structure. Investors should coordinate with their custodian and tax advisor before moving retirement funds into private investments.