The QI File

Comparison · no crown · not tax or legal advice

IPX1031 vs Old Republic Exchange

Investment Property Exchange Services, Inc. and Old Republic Exchange Company are both listed Qualified Intermediaries. Ownership as published: Fidelity National Financial, Inc. vs Old Republic International Corporation (via Old Republic Title Insurance Group / Old Republic National Title Holding Company). 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.

IPX1031 fileOld Republic Exchange fileView checklistCheck custody controls

Published facts, side by side

FieldIPX1031Old Republic Exchange
Legal nameInvestment Property Exchange Services, Inc.Old Republic Exchange Company
Ownership (as published)Fidelity National Financial, Inc. (NYSE: FNF)Old Republic International Corporation (via Old Republic Title Insurance Group / Old Republic National Title Holding Company) (NYSE: ORI)
FEAFEA memberFEA member
CES®Teresa Fluegel, CES®; Ross Fong, CES®; James Callejas, CES®; Ron Ricard, CES®Not published on cited pages
How funds are heldSegregatedFunds unknown
Fund-handling noteSegregated accounts for the named exchanger, using the exchanger’s taxpayer identification number. The firm says disbursements require written authorization from the exchanger and dual authorization controlled by a separate banking division; sales and administrative staff have no authority to transfer funds.Firm markets a banking department and online account information. The Strength page reprints Washington RCW 19.310.040 facilitator boilerplate (separately identified TIN account or fidelity bond). That is statute language, not a verified statement that Old Republic Exchange opens a TIN-titled account on every file.
Dual-signature / who can wireDual-signatureWire controls unknown
Fidelity / E&O (published)$100 million fidelity bond · $30 million errors and omissions insurance$120 million fidelity bond aggregate ($60 million single-loss limit) · $60 million professional liability (E&O) aggregate
Other published coverage$50 million third-party corporate performance guarantyWritten parent guaranty / letter of indemnity available on request (Old Republic National Title Holding Company / corporate parent) — terms on request
ReverseYesYes
ImprovementYesYes
DST (QI administration, not an offering)YesUnknown
Published feesNot published on cited pagesNot published on cited pages
Who keeps interestNot published on cited pagesNot published on cited pages
File last sourced2026-09-052026-10-22

What stays unknown

IPX1031:public fee card, who keeps interest

Old Republic Exchange:CES, funds held, dual-signature, 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: IPX1031 and Old Republic 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.

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