Comparison · no crown · not tax or legal advice
API vs Legal 1031
Asset Preservation, Inc. and Legal 1031 Exchange Services, LLC are both listed Qualified Intermediaries. Ownership as published: Stewart Information Services Corporation vs Kensington Vanguard National Land Services / CRC Group. This table is the two custody files side by side. It does not award a best QI, invent fees, or fill blanks. A Delaware Statutory Trust interest, if mentioned, is typically a securities offering — a listing here is a custody file.
API fileLegal 1031 fileView checklistCheck custody controls
Published facts, side by side
| Field | API | Legal 1031 |
|---|---|---|
| Legal name | Asset Preservation, Inc. | Legal 1031 Exchange Services, LLC |
| Ownership (as published) | Stewart Information Services Corporation (NYSE: STC) | Kensington Vanguard National Land Services / CRC Group |
| FEA | FEA member | FEA member |
| CES® | CES® on staff; names not published on cited pages | Faith Graf, CES®; Matthew K. Scheriff, CPA, CES® |
| How funds are held | Segregated | Segregated |
| Fund-handling note | API states exchange funds are not commingled with its operating accounts and that it offers non-commingled accounts plus multiple investment options. Current firm pages do not publish a commingled-vs-per-client breakdown beyond the operating-account split. | Segregated money-market escrow accounts identified with the client’s name and taxpayer identification number. Funds are not invested. Overview page also describes segregated dual-signature escrow accounts. Disbursements require written authorization plus verbal confirmation. |
| Dual-signature / who can wire | Wire controls unknown | Dual-signature |
| Fidelity / E&O (published) | Not published on cited pages | $50 million fidelity bond · $100 million errors and omissions policy |
| Other published coverage | Not published on cited pages | Not published on cited pages |
| Reverse | Yes | Yes |
| Improvement | Yes | Yes |
| DST (QI administration, not an offering) | Yes | Unknown |
| Published fees | Not published on cited pages | Not published on cited pages |
| Who keeps interest | Not published on cited pages | Not published on cited pages |
| File last sourced | 2026-09-05 | 2026-09-11 |
What stays unknown
API:dual-signature, fidelity bond dollars, E&O dollars, public fee card, who keeps interest
Legal 1031:DST administration, public fee card, who keeps interest
Unknown is omitted, not graded.Report missing infoif you have a primary URL we missed.
FAQ
Which of these QIs is better?
This page does not pick a winner. It places published custody fields from two QI File listings side by side. A thicker disclosure is not a grade, and an unpublished field is not a finding that the firm is unsafe.
Can I treat a parent logo or a bond number on this table as current coverage?
No. Parent is an ownership note. Insurance figures appear only when the firm’s cited page still prints them. Ask for current certificates. See how to read a listing and segregated vs dual-signature.
Where are the full source lists?
Open the two custody files: API and Legal 1031. Every figure on this page is copied from those files.
Sources
Copied from the two firm files. Open those pages for the dated URL list.
- Asset Preservation, Inc. homepage
- Security of Funds — Asset Preservation, Inc.
- The API Advantage™
- Stewart 1031 — Asset Preservation, Inc.
- Delaware Statutory Trust (DST) — Asset Preservation, Inc.
- Safety of Exchange Funds — Legal 1031
- 1031 Exchange Overview — Legal 1031
- Faith Graf, CES — Legal 1031
- FAQ — Legal 1031
- About Us — Legal 1031
- 1031 Exchange Services — Kensington Vanguard National Land Services
More pairs:compare index. Compare these firms only on published custody facts.