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Asset Administration Services Report Summary

SIC Codes: 6099
NAICS Codes: 523999
 

Asset Administration Services Industry Overview

Companies in this industry provide services and technologies to businesses engaged in the sale and management of investment products. These companies offer administrative services such as accounting and data processing as well as financial analysis. Asset administrative services differ from asset management in that firm does not make investment decisions without the client's direction. However, many asset management firms also offer asset administrative services in addition to their primary line of business.