Comparison · no crown · not tax or legal advice
Deferred vs Equity Advantage
Deferred Inc. and Equity Advantage, Inc. are both listed Qualified Intermediaries. Ownership as published: unpublished vs Independent / family-owned (founded 1991 by David and Tom Moore). 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.
Deferred fileEquity Advantage fileView checklistCheck custody controls
Published facts, side by side
| Field | Deferred | Equity Advantage |
|---|---|---|
| Legal name | Deferred Inc. | Equity Advantage, Inc. |
| Ownership (as published) | Parent unpublished | Independent / family-owned (founded 1991 by David and Tom Moore) |
| FEA | FEA unknown | FEA unknown |
| CES® | Not published on cited pages | David Moore, CES® |
| How funds are held | Segregated | Segregated |
| Fund-handling note | Client funds held at a commercial bank in a segregated deposit account; firm also describes individual FDIC-insured accounts and interest-bearing placement. | Exchange funds placed in a money market savings account; firm states it does not commingle operating account with exchange funds; money moves only when authorized by the Exchangor for closing. FAQ recommends requesting a Qualified Escrow Account that isolates funds from exchangor and/or exchange company. |
| Dual-signature / who can wire | Wire controls unknown | Dual-sign optional |
| Fidelity / E&O (published) | $10 million fidelity bond · $5 million errors and omissions | $1 million fidelity bond (per occurrence) · $500,000 errors and omissions per claim |
| Other published coverage | Up to $175 million FDIC coverage claimed via bank / deposit structure | Not published on cited pages |
| Reverse | Yes | Yes |
| Improvement | Yes | Yes |
| DST (QI administration, not an offering) | Unknown | Unknown |
| Published fees | Forward/standard: published No Fee Exchange ($0). Reverse: starting at $7,000. Improvement/construction: starting at $7,500. Firm states no hidden junk fees on its model; marketing calculator shows illustrative 2.00% APY as of December 11, 2025. | Delayed exchange of two properties starts at about $1,000. Reverse or Improvement exchanges start at $6,500. Contact for quote. |
| Who keeps interest | Firm keeps a share of interest earned on exchange funds as its compensation and shares interest with the exchanger (rates/illustrations dated as of December 11, 2025 on marketing pages). | Not published on cited pages |
| File last sourced | 2026-09-04 | 2026-09-05 |
What stays unknown
Deferred:parent, FEA, CES, dual-signature, DST administration
Equity Advantage:FEA, DST administration, 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: Deferred and Equity Advantage. 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.
- Deferred homepage — No Fee QI claims, bond/E&O, segregated funds
- Deferred pricing / No Fee + interest-share model
- Understanding 1031 Exchange Costs (Judd Schoenholtz, Deferred CEO)
- What are the fees for a 1031 exchange? (Deferred FAQ)
- Deferred announces $3.6M seed (PR Newswire)
- Homepage — Equity Advantage
- FAQs — Equity Advantage
More pairs:compare index. Compare these firms only on published custody facts.