Qualified Intermediary
Xchange Solutions
Xchange Solutions · Parent: Independent / unpublished · Firm website
- FEA membership
- FEA member
- CES® holders
- Jonathan Baughman, President, CES®; Doua Thompson, Senior Vice President, CES®
- Fidelity bond
- $3,000,000 fidelity bond
- E&O / other cover
- Not published on cited pages
- How funds are held
- Segregated
- Dual-signature wires
- Dual-signature
- Reverse / improvement / DST
- Reverse Yes · Improvement Yes · DST Yes
- Last sourced
- 2026-09-15
Fund handling
1031 exchange steps: exchanger’s funds are deposited into separate and insured accounts. About Peace of Mind: special bank withdrawal documentation that requires the exchanger’s signature before funds can be withdrawn; several options for safekeeping funds. Banks are not named.
Who it is for
Independent multi-office QI for exchangers who want Xchange Solutions — founded 1996 by Kevin Hereford — to hold proceeds in separate insured accounts with a published $3 million fidelity bond and exchanger-signature withdrawal papers. Public brand: Xchange Solutions. An LLC suffix is not printed on the About, homepage, steps, team, or four-types pages opened 2026-09-15. Team page HQ: 3031 Tisch Way, Suite 901, San Jose, CA 95128. About also lists offices in San Jose, San Mateo, and Santa Cruz, California; Reno, Nevada; and Seattle, Washington. Phone 800-410-1031 (team also 408-377-6700; Seattle 877-222-1031 / 206-720-1055). Homepage also markets Delaware statutory trust and deferred sales trust — those are not this QI custody file. Confirm the named party on the exchange agreement.
Verdict
Independent San Jose QI with a usable custody sentence: separate insured accounts, a published $3 million fidelity bond, and bank-withdrawal papers that require the exchanger’s signature, plus company FEA, two named CES® officers, and published reverse plus improvement. That is enough to list. This file is QI custody. Homepage DST and deferred-sales-trust lines are different structures — typically securities offerings or installment-sale vehicles — not a second QI and not offering terms. E&O dollars, a fee card, and Kevin Hereford’s CES® status (founder; people FEA board history on his bio) are not treated as company bond or CES facts beyond what the team page prints. Ask for today’s certificate, the live account title, and who countersigns the withdrawal before a large transfer.
Notes
This is a QI custody file, not a securities offering. The public brand is Xchange Solutions, an independent 1031 exchange intermediary founded in 1996 by Kevin Hereford. An LLC suffix is not printed on the pages opened 2026-09-15 and is not invented here. Xchange Solutions is the intermediary that would hold exchange proceeds.
The homepage also lists Delaware statutory trust and deferred sales trust next to 1031 exchanges. A DST is typically a securities offering sold by a sponsor and registered representatives. A deferred sales trust is a different tax-planning structure. Neither is this QI custody file. This directory does not invent DST offering terms, yields, or subscribe language. dst is yes only because the firm publishes DST as a product line it discusses — not because this page is a DST marketplace.
About: member of the Federation of Exchange Accommodators. That is a company claim. Kevin Hereford’s bio separately describes past FEA board and committee roles — people credentials next to the company sentence.
About Peace of Mind: $3,000,000 fidelity bond for the benefit of exchangers; special bank withdrawal documentation that requires the exchanger’s signature before funds can be withdrawn; several options for safekeeping funds. Steps page: exchanger’s funds are deposited into separate and insured accounts, and repeats the $3,000,000 fidelity bond. Dual-signature here is exchanger-signature withdrawal control as published. Banks are not named.
About and the four-types / FAQ pages: specialists in reverse and improvement / build-to-suit (construction) exchanges. Reverse and improvement are therefore yes. “Only intermediary to specialize” language on the types page is firm marketing, not a QI File ranking.
Team page, still listed 2026-09-15: Jonathan Baughman, President, Certified Exchange Specialist®; Doua Thompson, Senior Vice President, Certified Exchange Specialist®. Headquarters: 3031 Tisch Way, Suite 901, San Jose, CA 95128. About lists additional offices in San Mateo and Santa Cruz, California; Reno, Nevada; and Seattle, Washington. Phone 800-410-1031.
No public fee card or E&O dollar on the pages cited. Volume and “every audited transaction received the IRS stamp of approval” lines are firm marketing, not a rating. Ask Xchange Solutions for today’s fidelity certificate, the live account title, the current withdrawal-signature form, and who can release the wire — then read those papers, not this summary.
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