The financial industry refers to a broad range of companies and organizations involved in various aspects of handling money, including investment banking, commercial banking, insurance, securities brokerage, and management of funds. It encompasses institutions that facilitate the creation, management, and transfer of wealth through activities such as underwriting security issues, managing portfolios, providing loans, and offering financial advice to individuals and businesses. The primary goal of this industry is to help people manage their money effectively by investing it in various opportunities or protecting it from loss due to unforeseen events like accidents or natural disasters.