An investment company is a kind of financial intermediary, which concentrates the funds of individual investors and invests them in many securities or other assets. An investment company refers to an enterprise organization that collects a large amount of funds and makes a reasonable combination according to its investment objectives. Investment companies in a broad sense include trust and investment companies, finance companies, investment banks, fund companies, commercial banks, investment departments of insurance companies and other financial institutions, as well as various enterprises engaged in property rights investment and securities investment.
So it is a "non-bank" financial institution.