Comparison · no crown · not tax or legal advice
Exchange Authority vs Secure Exchange
Exchange Authority, LLC and Secure Exchange-1031 Exchange Services are both listed Qualified Intermediaries. Ownership as published: Fidelity Bank (wholly owned subsidiary; bank parent Fidelity Mutual Holding Company per Chamber of Central MA South listing). Massachusetts community bank — not Fidelity National Financial / IPX1031. vs Accruit / Inspira Financial (wholly owned subsidiary of Accruit; Accruit–Inspira Financial custody context on homepage). 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.
Exchange Authority fileSecure Exchange fileView checklistCheck custody controls
Published facts, side by side
| Field | Exchange Authority | Secure Exchange |
|---|---|---|
| Legal name | Exchange Authority, LLC | Secure Exchange-1031 Exchange Services |
| Ownership (as published) | Fidelity Bank (wholly owned subsidiary; bank parent Fidelity Mutual Holding Company per Chamber of Central MA South listing). Massachusetts community bank — not Fidelity National Financial / IPX1031. | Accruit / Inspira Financial (wholly owned subsidiary of Accruit; Accruit–Inspira Financial custody context on homepage) |
| FEA | FEA member | FEA unknown |
| CES® | Albino Caporale, CES® | CES® on staff; names not published on cited pages |
| How funds are held | Funds unknown | Funds unknown |
| Fund-handling note | About: the QI holds escrow and manages movement of funds. Homepage and About: ‘funds held in escrow’ with FDIC + DIF ‘100% coverage.’ Pages do not say a separately titled account per client, a TIN, or a qualified-escrow workflow, so fundsHeld stays unknown rather than assumed segregated. Dual-signature / who-can-wire mechanics are not described. | Homepage emphasizes the Accruit partnership and Accruit–Inspira Financial custodian AUM. No TIN-titled account, qualified-escrow, or segregated-vs-commingled sentence appears on se1031.com. See the Accruit file for Accruit’s own segregated / optional dual-signature language — do not assume those defaults apply to every Secure Exchange file unless the exchange agreement says so. |
| Dual-signature / who can wire | Wire controls unknown | Wire controls unknown |
| Fidelity / E&O (published) | Not published on cited pages | $50 million fidelity bond (Accruit parent figures as printed on the Secure Exchange homepage) · $25 million errors and omissions (Accruit parent figures as printed on the Secure Exchange homepage) |
| Other published coverage | Homepage Trusted Security and About: 100% coverage of funds held in escrow through a combination of FDIC and DIF insurance via the Fidelity Bank affiliation. No fidelity-bond or E&O dollar limits are published on the firm pages cited. | $20 million cyber liability (Accruit parent figures as printed on the Secure Exchange homepage). Homepage also cites Accruit–Inspira Financial custody with a custodian ‘overseeing $66 billion in assets under custody’ — that is a parent AUM figure, not an account-title rule. |
| Reverse | Yes | Unknown |
| Improvement | Yes | Unknown |
| DST (QI administration, not an offering) | Unknown | 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 | 2026-09-07 | 2026-09-07 |
What stays unknown
Exchange Authority:funds held, dual-signature, fidelity bond dollars, E&O dollars, DST administration, public fee card, who keeps interest
Secure Exchange:FEA, funds held, dual-signature, reverse, improvement, 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: Exchange Authority and Secure Exchange. 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.
More pairs:compare index. Compare these firms only on published custody facts.