Recognition Reflects Rare Regulatory Oversight, Robust Financial Protections,
and Unmatched 24/7/365 Access to the Entire Team
San Diego, California — Exeter 1031 Exchange Services, LLC (Exeter1031™), a member of The Exeter Group of Companies, has once again been named one of the best 1031 exchange qualified intermediaries by Fit Small Business. The recognition marks the sixth straight year the company has earned this distinction, reaffirming its position as one of the safest, most secure, and most trusted qualified intermediaries in the industry.
The 1031 exchange qualified intermediary industry has no licensing body or regulatory authority to provide independent oversight. This makes Exeter’s regulatory oversight a rare and significant distinction. Exeter 1031 Exchange Services, LLC holds and safeguards clients’ exchange funds through Exeter Trust Company (ExeterTrust™), which is licensed, regulated, and audited by the Wyoming Division of Banking. Exeter is one of the very few qualified intermediaries with any form of government oversight.
Financial strength further sets Exeter apart. The Exeter Group of Companies maintains millions in bonding and insurance coverage, including a $15.0 million fidelity bond, $10.0 million in errors and omissions insurance, $15.0 million in financial institution blanket bond, and $15.0 million in cyber fraud and wire transfer fraud insurance, along with more than $8.0 million in equity capital reserves. Clients’ 1031 exchange funds are held in separate, segregated, dual-signature, restricted qualified trust accounts at ExeterTrust™. Four separate Exeter team members, acting together with the client’s written authorization, are required to authorize any transfer or disbursement of funds.
Exeter is also the only qualified intermediary that provides clients with access to its entire team, including its executives, on a 24/7/365 basis. This commitment to responsiveness is matched by an equal commitment to full transparency, a core value that guides how the company serves clients and their professional advisors.
“This recognition means a great deal to us because it reflects the standards that we hold ourselves to every single day,” said William L. Exeter, Founder and Chief Executive Officer of The Exeter Group of Companies. “We chose to become one of the few qualified intermediaries with any kind of regulatory oversight because our clients deserve the safety, soundness, and security that independent regulatory oversight provides. When clients entrust us with their 1031 exchange funds, they should have complete confidence that those funds are protected.”
Mr. Exeter has been a senior executive in the 1031 exchange industry for more than 42 years and has administered over 125,000 1031 exchanges during his career.
“What distinguishes Exeter1031™ is our unwavering commitment to transparency and direct access,” said Maureen H. Brown, Co-Founder, President and Chief Operating Officer. “Clients and their advisors can reach any member of our team, including our executives, at any hour of any day. That level of accessibility, combined with our regulatory oversight and financial protections, gives investors true peace of mind throughout every stage of their exchange.”
Exeter offers nationwide coverage and a full suite of 1031 exchange products and services, including forward, reverse, improvement, leasehold improvement, foreign property, and zero-equity 1031 exchange transactions.
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About The Exeter Group of Companies
The Exeter Group of Companies includes operating businesses that offer diversified financial services designed to help investors build and preserve wealth through various tax deferral or tax exclusion strategies.
Exeter 1031 Exchange Services, LLC is headquartered in San Diego, California, and now with its Midwest Regional Office in Chicago, serves as a qualified intermediary for forward, reverse, improvement, leasehold improvement, foreign property and zero-equity 1031 exchange transactions nationwide. Exeter1031™ is one of the few qualified intermediaries that has any kind of regulatory oversight.
Exeter Trust Company is headquartered in Cheyenne, Wyoming and is licensed, regulated, and audited by the Wyoming Division of Banking. ExeterTrust™ administers separate, segregated, dual-signature, restricted qualified trust accounts for 1031 exchanges, serves as custodian for self-directed IRAs, individual 401(k) plans, and qualified retirement plans with an emphasis in non-traditional or alternative assets, provides private fund custody and administrative services, directed trust or administrative trustee services, serves as escrow agent for specialty holding escrows, and serves as trustee for title holding trusts (land trusts).
Exeter Asset Services Corporation is headquartered in Cheyenne, Wyoming, and serves as an exchange accommodation titleholder or EAT when legal title to real estate must be held as part of a reverse or improvement 1031 exchange transaction.
