Qualified Intermediary
Deferred
Deferred Inc.
- FEA membership
- FEA unknown
- CES® holders
- Not published on cited pages
- Fidelity bond
- $10 million fidelity bond
- E&O / other cover
- $5 million errors and omissions
- How funds are held
- Segregated
- Dual-signature wires
- Wire controls unknown
- Reverse / improvement / DST
- Reverse Yes · Improvement Yes · DST Unknown
- Last sourced
- 2026-09-04
Other published coverage
Up to $175 million FDIC coverage claimed via bank / deposit structure
Fund handling
Client funds held at a commercial bank in a segregated deposit account; firm also describes individual FDIC-insured accounts and interest-bearing placement.
Fee structure
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.
Who keeps the float
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).
Who it is for
Nationwide delayed/forward 1031 exchangers who want a digital QI workflow and a published $0 forward fee (founded 2024). Reverse and improvement/construction exchanges are published offerings with starting prices of $7,000 and $7,500. DST capability was not published on the pricing page used for this file.
Verdict
Deferred is a 2024-founded, venture-backed tech QI selling a clear custody trade: $0 published forward fee funded by sharing float interest, plus marketed $10M fidelity / $5M E&O and segregated bank deposits. Reverse and improvement exchanges are published on the pricing page (starting at $7,000 and $7,500). That forward-fee model is unusual and worth comparing on large holds—but FEA membership, named CES® staff, and dual-signature wire control were not verified on the public pages used for this file, so treat those as open diligence items before wiring seven figures.
Notes
Deferred Inc. markets itself as a technology-powered qualified intermediary (public brand Deferred / Deferred.com). PR Newswire (April 25, 2025) states Deferred was founded in 2024 by Judd Schoenholtz, Alex Farrill, and Aaron LaRue and raised $3.6M seed led by B Capital and Fika Ventures.
Published offices on the firm site include Dover, DE; Pasadena, CA; and Carlsbad, CA. Contact listed on FAQ pages: 866-442-1031 / support@deferred.com.
This listing does not assert FEA company membership or named CES® holders — those were not confirmed on the primary pages cited above. Request current certificate of insurance and wire-control procedures before relying on bond/E&O marketing claims.