What are examples of non-deposit institutions?

Non-deposit institutions are financial organizations that do not offer traditional banking services such as accepting or making deposits. Examples of non-deposit institutions include: 1. Investment Management Companies: These organizations specialize in managing investments, such as stocks and bonds. They often provide services such as portfolio management, asset allocation and financial analysis in order to provide their clients with the best possible returns. 2. Credit Unions: These organizations are similar to banks, but offer members cooperative banking services such as lending, investments and other monetary services. Credit unions are often found in smaller towns or cities and offer their services to the members of the specific communities. 3. Financial Technology Companies: These organizations use technology to provide financial services to customers without having to operate as a brick-and-mortar bank. They often provide payment systems, digital wallets, and other services such as cryptocurrencies. 4. Insurance Companies: These organizations provide customers with protection against a financial loss such as life, health, auto or property insurance. They also often provide investments services such as annuities. 5. Hedge Funds: These organizations are private investment vehicles that are designed to make highly speculative investments with pooled funds from mostly high net worth individuals. They are often less regulated than traditional investments such as stocks and bonds.